Inventories. 6.1 The Operator will maintain records of Material in reasonable detail and records of Controllable Material in detail. 6.2 The Operator will perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar year. The independent external auditor of the Operator will be given reasonable notice of each Count, and will be given the opportunity to attend the Count. 6.3 Forthwith after performing a Count, the Operator will reconcile the inventory with the Joint Account. The Operator will not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 5 contracts
Sources: Option and Joint Venture Agreement (Nu-Mex Uranium Corp.), Option and Joint Venture Agreement (Strathmore Minerals Corp.), Option and Joint Venture Agreement (Strathmore Minerals Corp.)
Inventories. 6.1 The Operator will shall maintain records of Material in reasonable detail and records of Controllable Material in detail.
6.2 The Operator will shall perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar year. The independent external auditor of the Operator will shall be given reasonable notice of each Count, and will shall be given the opportunity to attend the Count.
6.3 Forthwith after performing a Count, the Operator will shall reconcile the inventory with the Joint Account. The Operator will shall not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 4 contracts
Sources: Option Agreement (Source Gold Corp.), Joint Venture Agreement (Source Gold Corp.), Joint Venture Agreement (Rubicon Minerals Corp)
Inventories. 6.1 6.01 The Operator will shall maintain records of Material in reasonable detail and records of Controllable Material in detail.
6.2 6.02 The Operator will shall perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar year. The independent external auditor of the Operator will shall be given reasonable notice of each Count, and will shall be given the opportunity to attend the Count.
6.3 6.03 Forthwith after performing a Count, the Operator will shall reconcile the inventory with the Joint Account. The Operator will shall not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 4 contracts
Sources: Property Option Agreement (Revelstoke Industries, Inc.), Joint Venture Agreement (Amador Gold Corp), Joint Venture Agreement (Delbrook Corp)
Inventories. 6.1 The Operator will shall maintain records of Material in reasonable detail and records of Controllable Material in detail.
6.2 The Operator will shall perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar year. The independent external auditor of the Operator will shall be given reasonable notice of each Count, Count and will shall be given the opportunity to attend the Count.
6.3 Forthwith after performing a Count, Count the Operator will shall reconcile the inventory with the Joint Account. The Operator will shall not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 2 contracts
Sources: Mining Agreement (Mexoro Minerals LTD), Mining Agreement (Sunburst Acquisitions Iv Inc)
Inventories. 6.1 The Operator will maintain records of Material in reasonable detail and records of Controllable Material in detail.
6.2 The Operator will perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar yearFiscal Year. The independent external auditor of the Operator will be given reasonable notice of each Count, and will be given the opportunity to attend the Count.
6.3 Forthwith after performing a Count, the Operator will reconcile the inventory with the Joint Account. The Operator will not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 1 contract
Sources: Joint Venture Shareholders Agreement (Tara Minerals Corp.)
Inventories. 6.1 The Operator will maintain records of Material in reasonable detail and records of Controllable Material in detail.
6.2 The Operator will perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar yearFinancial Year. The independent external auditor of the Operator will be given reasonable notice of each Count, and will be given the opportunity to attend the Count.
6.3 Forthwith after performing a Count, the Operator will reconcile the inventory with the Joint Venture Account. The Operator will not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 1 contract
Sources: Joint Venture Agreement
Inventories. 6.1 The Operator will maintain records of Material in reasonable detail and records of Controllable Material in detail.
6.2 The Operator will perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar yearFinancial Year. The independent external auditor of the Operator will be given reasonable notice of each Count, and will be given the opportunity to attend the Count.
6.3 Forthwith Immediately after performing a Count, the Operator will reconcile the inventory with the Joint Venture Account. The Operator will not be held accountable for any shortages of inventory except such shortages as may have where any shortage has arisen due to a lack of diligence on the part of by the Operator.
Appears in 1 contract
Inventories. 6.1 The Operator will shall maintain records of Material in reasonable detail and records of Controllable Material in detail.
6.2 . The Operator will shall perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar year. The independent external auditor of the Operator will shall be given reasonable notice of each Count, and will shall be given the opportunity to attend the Count.
6.3 Forthwith after performing a Count, the Operator will reconcile the inventory with the Joint Account. The Operator will shall not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 1 contract
Sources: Mining Option Agreement (Coastal Pacific Mining Corp)
Inventories. 6.1 The Operator will maintain records of Material in reasonable detail and records of Controllable Material in detail.detail.β
6.2 The Operator will perform Counts from time to time at reasonable intervals, and in any event at the end of each calendar yearFinancial Year. The independent external auditor of the Operator will be given reasonable notice of each Count, and will be given the opportunity to attend the Count.
6.3 Forthwith after performing a Count, the Operator will reconcile the inventory with the Joint Venture Account. The Operator will not be held accountable for any shortages of inventory except such shortages as may have arisen due to a lack of diligence on the part of the Operator.
Appears in 1 contract
Sources: Joint Venture Agreement