Quarterly Statement. The Contractor shall prepare with respect to each Quarter a Statement of Expenditure and Receipts. The Statement will distinguish between Exploration, Appraisal, Capital and Operating Costs and will identify major items within these categories. The Statement will show the following:
(a) actual expenditures and receipts for the Quarter in question;
(b) cumulative expenditure and receipts for the Calendar Year in question;
(c) latest forecast cumulative expenditures at the Calendar Year end;
(d) variations between budget forecast and latest forecast and explanations thereof. The Statement of Expenditure and Receipts of each Quarter shall be submitted to the Designated Authority no later than fifteen (15) days after the end of such Quarter.
Quarterly Statement. The Contractor shall prepare with respect to each Quarter a Cost Recovery Statement containing the following information:
(a) Recoverable Costs carried forward from the previous Quarter;
(b) Recoverable Costs for the Quarter in question;
(c) Credits under the Agreement for the Quarter in question;
(d) Total Recoverable Costs for the Quarter in question (paragraphs 7.1(a) plus 7.1(b) less 7.1(c);
(e) quantity and value of the Contractor's share of Petroleum under Article 7 of the Agreement in the Quarter in question; and
(f) amount of Recoverable Costs to be carried forward into the next Quarter (paragraph 7.1(d) less paragraph 7.1(e).
Quarterly Statement. The Contractor shall prepare a Quarterly Petroleum Operations Costs statement showing those Petroleum Operations Costs incurred by the Contractor with respect to the Contract Area, as provided under this Accounting Procedure. Any Development and Production Costs shall be separately identified for each Commercial Field, if such is the case, and the Contractor shall specify the basis of allocation of shared costs. If the Ministry is not satisfied with the itemization shown within the categories, the Contractor shall provide a more detailed breakdown. Any Exploration Costs shall be shown separately. The Petroleum Operations Costs statement for each Quarter shall be submitted to the Ministry no later than a period of thirty (30) days after the end of each Quarter.
Quarterly Statement. Franchisee shall, at its expense, submit to Franchisor quarterly, within thirty (30) days following the end of each quarter during the Term hereof, an unaudited financial statement with such detail as Franchisor may reasonably require (hereinafter, "Quarterly Statement") together with a certificate executed by Franchisee stating that such financial statement is true and accurate. Upon Franchisor's request, Franchisee shall submit to Franchisor, with each Quarterly Statement, copies of any state or local sales tax returns ("Sales Tax Returns") filed by Franchisee for the period included in the Quarterly Statement. In the event Franchisee prepares financial statements on the basis of thirteen (13), four (4) week periods ("Periods"), the Quarterly Statements shall be submitted within thirty (30) days following the end of the third (3rd), sixth (6th), ninth (9th) and thirteenth (13th) Periods.
Quarterly Statement. Escrow Agent shall issue a quarterly accounting statement showing receipts to and disbursements from the Acquisition Fund. Such statement shall be mailed to Lessor and Lessee.
Quarterly Statement. The Contractor shall prepare a quarterly Cost Recovery Statement containing the following information with respect to the Contract Area, showing the Hydrocarbons Costs as classified pursuant to Article 2 of this Accounting Procedure and separated for each Field, if any:
(a) The recoverable Hydrocarbons Costs carried forward from the previous Quarter.
(b) The recoverable Hydrocarbons Costs for the Quarter in question.
(c) The credits under the Contract for the Quarter in question.
(d) The total recoverable Hydrocarbons Costs for the Quarter in question, equal to the sum of (a) plus (b) less (c).
(e) The quantity and value of the production of Hydrocarbons taken by the Contractor for cost recovery pursuant to the provisions of Article 6.1 of the Contract in the Quarter in question.
(f) The amount of Hydrocarbons Costs to be carried forward into the next Quarter. The quarterly statement shall be submitted to the Minister no later than ten (10) days after the end of each Quarter. In addition, Contractor shall have an audit of Hydrocarbons Costs conducted by its auditors semi-annually and such report shall be provided to the Ministry.
Quarterly Statement. Within 30 days after the end of each fiscal quarter, the Manager shall submit to the Company a quarterly and a cumulative year-to-date Gross Operating Revenues statement indicating the quarterly Management Fee payable and the cumulative year-to-date Management Fee payable to Manager together with appropriate supporting documentation. Each quarterly Management Fee payable hereunder shall be adjusted to reflect any cumulative year-to-date adjustments in Gross Operating Revenues. The Management Fee shall be payable each quarter within 10 days after the Management Fee statement for such quarter has been received by the Company.
Quarterly Statement. The Contractor will prepare a Quarterly Statement of Costs of Oil Operations listing the Costs of Oil Operations incurred by the Contractor with respect to the Contract Area, as established in this Accounting Procedure. Each Development Cost and Production Cost will be broken down for each Field, if relevant, and the Contractor will specify the basis for allocating shared costs. If the Ministry is not satisfied with the breakdown indicated within the categories, the Contractor will provide a more detailed breakdown. All Exploration Costs must be indicated separately. The statement of costs of Oil Operations for each Quarter will be presented to the Ministry no later than thirty (30) days after the end of the said Quarter.
Quarterly Statement. Administrative Agent shall, with reasonable promptness following receipt from all LC Issuers of the reports provided for in Section 4.8 for the months of March, June, September and December, respectively, deliver to Borrower a quarterly statement of the Facility Letter of Credit Fees then due and payable.
Quarterly Statement. Flextronics shall provide to Xerox a detailed statement (a "Quarterly Statement") no later than five (5) Business Days prior to the date of the Quarterly Pricing Meeting following the end of the subject quarter. The Quarterly Statement shall have been prepared in accordance with Schedule D hereto and otherwise in accordance with United States generally accepted accounting principles, setting forth:
(i) a calculation of the aggregate total of all Quarterly Purchase Prices actually invoiced to Purchasers for all Products purchased by Purchasers during such quarter (the "Quarterly Price Paid");
(ii) a calculation of the Quarterly Measurement Amount (as defined below) for such quarter;
(iii) a calculation of the aggregate total of all Actual UMCs for all Products purchased by Purchasers during such quarter (the "Actual Total Quarterly UMC");
(iv) the Actual Total Quarterly UMC for the calendar quarter immediately preceding such quarter (the "Prior Total Quarterly UMC"); and
(v) a calculation of any Taxes, customs duties and similar charges paid or invoiced with respect to the Quarterly Price Paid.
