Common use of CROWN ROYALTY ADJUSTMENT Clause in Contracts

CROWN ROYALTY ADJUSTMENT. Notwithstanding Clause 3.8.1(b), accounting or adjustments from Crown royalty audits or crown re-assessments relating to the period prior to the Effective Date: (i) for which audit queries or re-assessments are outstanding as of the Closing Date; or 55 11 (ii) that occur after the Closing Date but no later than forty-eight (48) months following the end of the calendar year of Closing; shall be made as they occur and payments for them shall be made within thirty (30) days of each adjustment and shall be made by Purchaser to Vendor, or vice versa, as the case may be.

CROWN ROYALTY ADJUSTMENT. Notwithstanding Clause 3.8.1(b), accounting or adjustments from Crown royalty audits or crown re-assessments relating to the period prior to the Effective Date:; (i) for which audit queries or re-assessments are outstanding as of the Closing Date; or 55 11or (ii) that occur after the Closing Date but no later than forty-eight (48) months following the end of the calendar year of Closing; shall be made as they occur and payments for them shall be made within thirty (30) days of each adjustment and shall be made by Purchaser to Vendor, or vice versa, as the case may be.

CROWN ROYALTY ADJUSTMENT. Notwithstanding Clause 3.8.1(b3.7.1(b), accounting or adjustments from Crown royalty audits or crown re-assessments relating to the period prior to the Effective Date:; (i) for which audit queries or re-assessments are outstanding as of the Closing Date; or 55 11or (ii) that occur after the Closing Date but no later than forty-eight (48) months following the end of the calendar year of Closing; Closing shall be made as they occur and payments for them shall be made within thirty (30) days of each adjustment and shall be made by Purchaser to Vendor, or vice versa, as the case may be.

CROWN ROYALTY ADJUSTMENT. Notwithstanding Clause 3.8.1(b), accounting or adjustments from Crown royalty audits or crown re-assessments relating to the period prior to the Effective Date: (i) for which audit queries or re-assessments are outstanding as of the Closing Date; or 55 101 11 (ii) that occur after the Closing Date but no later than forty-eight (48) months following the end of the calendar year of Closing; shall be made as they occur and payments for them shall be made within thirty (30) days of each adjustment and shall be made by Purchaser to Vendor, or vice versa, as the case may be.