Expenditure Statement and Audit. An itemized statement of Expenditures incurred in any period certified to be correct by an officer of the Optionee shall be conclusive evidence of the making of such Expenditures unless within 30 days of receipt of such statement the Optionor delivers a notice to the Optionee detailing its objections to the statement. If the Optionor delivers an objection within such 30 day period, then the Optionor shall be entitled to request that the auditors of the Optionee audit the Expenditures provided for in the statement of Expenditures that is the subject of the objection notice, and
Expenditure Statement and Audit. On or before January 31 of each year, Silver Dollar will provide an itemized statement of the aggregate Expenditures incurred in the preceding calendar year ("Expenditures Statement"), certified to be correct by an officer of Silver Dollar, and such Expenditures Statement will be conclusive evidence of such Expenditures recorded in the statement unless within the 60 days after receipt of that statement First Majestic delivers a written and detailed objection to the statement to Silver Dollar. If First Majestic delivers such an objection, then it will be entitled to have such Expenditures Statement audited by an independent firm of Chartered Professional Accountants of First Majestic's choice. At the conclusion of that audit:
Expenditure Statement and Audit. The Expenditure Statement shall constitute conclusive evidence of the making of such Expenditures unless within 60 days of receipt of the Expenditure Statement the Sellers deliver an objection to the statement. If such an objection is duly delivered, then the Sellers and Purchaser shall agree within 10 days of Sellers’ objection to the appointment of independent auditors, not being existing auditors of either of the Sellers or Purchaser (or if the Sellers and Purchaser can not agree within such period, one of the Big Four international accountancy firms with an office or licensee in Turkey, such firm not being existing auditors of either Sellers or Purchaser) to audit within 30 days of such appointment the Expenditures provided for in the Expenditure Statement subject to the objection. If such auditor declines the appointment, the parties agree to submit the matter to administered expertise proceedings in accordance with the Rules for Expertise of the International Chamber of Commerce. At the conclusion of such audit or proceedings:
Expenditure Statement and Audit. Unless waived in writing by the Non-operating Party, within 60 days following the expiry of a year or other applicable period during the Option Period, the Operator must provide the Non-operating Party with a certified itemized statement of Expenditure incurred during that year or other applicable period. The itemized statement of Expenditure incurred in any period certified to be correct by an officer of the Operator will be conclusive evidence of the making of the Expenditure recorded in the statement unless within the 60 days after making receipt of that statement (“Objection Period”) the Non-Operating Party delivers a written detailed objection to the statement to the Operator. If the Non-operating party delivers such an objection, then it will be entitled to request that the auditor of the Operator audit the Expenditure recorded in the statement of Expenditure that is the subject of the objection. At the conclusion of the audit:
Expenditure Statement and Audit. An itemized statement of Advances in any period, certified to be correct by the Operator and to be delivered to Rosemont and KC within 15 days of the end of a period, will be conclusive evidence of the making of such Advances unless within 90 days of receipt of such statement a Party delivers to the other Party an objection to the statement. If the objecting Party delivers an objection within such 90 day period, then such objecting Party will be entitled to request that the Auditors audit the Advances provided for in the statement of Advances that is the subject of the objection. At the conclusion of such audit:
Expenditure Statement and Audit. 20. An itemized statement of Expenditures completed in any period certified to be correct by an officer of EMC will be conclusive evidence of the making of such Expenditures unless within 90 days of receipt of such statement the Optionee delivers an objection to the statement to EMC. If the Optionee delivers an objection within such 90 day period, then Optionee will be entitled to request that the auditors of EMC, audit the Expenditures provided for in the statement of Expenditures that is the subject of the objection. At the conclusion of such audit:
