GAAP/Financial Reporting. Except as otherwise expressly provided in this Agreement, all accounting matters under this Agreement shall be determined in accordance with GAAP. With respect to each Party’s financial reporting obligations, Buyer shall commence reporting production and revenues from the Properties effective as of the Closing Date, unless otherwise required by GAAP.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)
GAAP/Financial Reporting. Except as otherwise expressly provided in this Agreement, all accounting matters under this Agreement shall be determined in accordance with GAAP. With respect to each Party’s financial reporting obligations, Buyer Xxxxx shall commence reporting production and revenues from the Properties effective as of the Closing Date, unless otherwise required by GAAP.
Appears in 1 contract
Samples: Purchase and Sale Agreement
GAAP/Financial Reporting. Except as otherwise expressly provided in this Agreement, all accounting matters under this Agreement shall be determined in accordance with GAAP. With respect to each Party’s financial reporting obligations, Buyer Purchaser shall commence reporting production and revenues from the Properties Purchased Assets effective as of the Closing Date, unless otherwise required by GAAP.
Appears in 1 contract
Samples: Gathering and Processing Agreement (Eagle Rock Energy Partners L P)
GAAP/Financial Reporting. Except as otherwise expressly provided in this Agreement, all accounting matters under this Agreement shall be determined in accordance with GAAP. With respect to each Party’s financial reporting obligations, Buyer Purchaser shall commence reporting production and revenues from the Properties effective as of the Closing Date, unless otherwise required by GAAPGAAP or applicable Laws.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Plains Exploration & Production Co)
GAAP/Financial Reporting. Except as otherwise expressly provided in this Agreement, all accounting matters under this Agreement shall be determined in accordance with GAAP. With respect to each Party’s financial reporting obligations, Buyer Purchaser shall commence reporting production and revenues from the Properties effective as of the Closing Date, unless otherwise required by GAAP.
Appears in 1 contract