Common use of Joint Venture accounts and audit Clause in Contracts

Joint Venture accounts and audit. (a) The Manager must prepare accounts for the Joint Venture reflecting the results for each Year of all transactions connected with Joint Venture Activities as disclosed by the records and accounts kept by the Manager and reflecting the Joint Venture Property in the possession or control of the Manager as at the end of such Year in accordance with this agreement (Annual Accounts) which Annual Accounts must be completed, audited by the Auditor and provided to the Joint Venturers (together with the Auditor's report) no later than 3 months after the end of the Year.

Appears in 3 contracts

Samples: Mining Joint Venture Agreement, Joint  venture Agreement (GEO JS Tech Group Corp.), Joint  venture Agreement (GEO JS Tech Group Corp.)

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Joint Venture accounts and audit. (a) The Manager must prepare the accounts for the Joint Venture reflecting the results for each Year of all transactions connected with the Joint Venture Activities as disclosed by the records and accounts kept by the Manager and reflecting the (Joint Venture Property in the possession or control of the Manager as at the end of such Year in accordance with this agreement (Annual Accounts) which Annual Accounts must be completed, audited by the Auditor and provided to the Joint Venturers (together with the Auditor's report) no later than 3 months after the end of the each Year.

Appears in 1 contract

Samples: Emc Metals Corp.

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