Common use of INITIATION OF AUDITS Clause in Contracts

INITIATION OF AUDITS. On and after the Closing Date up until Final Adjustments are made, Purchaser shall advise Vendor of the initiation and results of any governmental audit in relation to the Assets to the extent it relates to any matters accruing prior to the Effective Date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Universal Domains Inc), Purchase and Sale Agreement (Universal Domains Inc)

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INITIATION OF AUDITS. On and after the Closing Date up until Final Adjustments are made, Purchaser shall advise Vendor of the initiation and results of any governmental joint venture or Crown audit in relation to the Assets to the extent it relates to any matters accruing prior to the Effective Date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Geocan Energy Inc), Purchase and Sale Agreement (Westlink Resources LTD)

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