Common use of Cashflow Account Clause in Contracts

Cashflow Account. (a) The Cashflow Account shall take into account: (i) the amount of any cash paid or payable by the Vendor in respect of operating costs in relation to the Participating Interest or which are invoiced or charged to, or otherwise incurred by, the Vendor in respect of the Participating Interest during the Interim Period (such amounts to be treated as expenses) and the Vendor shall pay any invoices in respect of such costs received prior to the Completion Date; and (ii) (A) the amount of any cash received or entitled to be received by the Vendor in respect of sales of Coalbed Methane, Liquid Hydrocarbons or Petroleum invoiced in the Interim Period;

Cashflow Account. (a) The Cashflow Account shall take into account:: Asset Transfer Agreement (i) the amount of any cash paid or payable by the Vendor in respect of operating costs in relation to the Participating Interest or which are invoiced or charged to, or otherwise incurred by, the Vendor in respect of the Participating Interest during the Interim Period (such amounts to be treated as expenses) and the Vendor shall pay any invoices in respect of such costs received prior to the Completion Date; and (ii) (A) the amount of any cash received or entitled to be received by the Vendor in respect of sales of Coalbed Methane, Liquid Hydrocarbons or Petroleum invoiced in the Interim Period;

Cashflow Account. (a) The Cashflow Account shall take into account: (i) the amount of any cash paid or payable by the Vendor in respect of operating costs in relation to the Participating Sale Interest or which are invoiced or charged to, or otherwise incurred by, the Vendor in respect of the Participating Sale Interest during the Interim Period (such amounts to be treated as expenses) and the Vendor shall pay any invoices in respect of such costs received prior to the Completion Date; and (ii) (A) the amount of any cash received or entitled to be received by the Vendor in respect of sales of Coalbed Methane, Liquid Hydrocarbons or Petroleum invoiced in the Interim Period;