Monthly Financial Report. The JVC shall maintain its accounting system in accordance with international accounting practice. The General Manager shall provide to each Party a financial report on or before the 20th day of a calendar month to reflect the balance of the JVC in the previous month. The General Manager shall provide a financial report for the previous year on or before January 31 every year. The JVC's accounting year commences January 1 and ends December 31 every calendar year.
Appears in 3 contracts
Samples: Equity Joint Venture Agreement (Integrated Carbonics Corp), Equity Joint Venture Agreement (Integrated Carbonics Corp), Equity Joint Venture Agreement (Integrated Carbonics Corp)
Monthly Financial Report. The JVC shall maintain its accounting system in accordance with international accounting practice. The General Manager shall provide to each Party a financial report on or before the 20th day of a calendar month to reflect the balance of the JVC in the previous month. The General Manager shall provide a financial report for the previous year on or before January 31 every year. The JVC's accounting year commences January 1 and ends December 31 every calendar year. 36.
Appears in 2 contracts
Samples: Agreement (Integrated Carbonics Corp), Equity Joint Venture Agreement (Integrated Carbonics Corp)
