Final Statement of Account. As promptly as possible after dissolution, the liquidation shall cause a final statement of account to be prepared, which shall show with respect to each Venturer, the status of such Venturer’s Capital Account and the amount, if any, owing to the Joint Venture. Such statement of each Venturer’s Capital Account shall reflect all the allocations provided in Article VIII hereof and the allocations to the Capital Accounts set forth in Sections 9.4.3 and 9.4.4 hereof.
Appears in 3 contracts
Samples: Joint Venture Agreement (Vadda Energy Corp), Joint Venture Agreement (Vadda Energy Corp), Joint Venture Agreement (Vadda Energy Corp)
Final Statement of Account. As promptly as possible after dissolution, the liquidation shall cause a final statement of account to be prepared, which shall show with respect to each Venturer, the status of such Venturer’s 's Capital Account and the amount, if any, owing to the Joint Venture. Such statement of each Venturer’s 's Capital Account shall reflect all the allocations provided in Article VIII hereof and the allocations to the Capital Accounts set forth in Sections 9.4.3 and 9.4.4 hereof.
Appears in 2 contracts
Samples: Joint Venture Agreement (Core Resource Management, Inc.), Joint Venture Agreement (TransCoastal Corp)
