Reporting to Third Parties. NEG shall prepare and submit to the Board of Directors of TransTexas for approval, for review, comment and execution, such reports and information to third parties (including regulatory authority, joint interest owners and institutional investors) as may be required by applicable law or TransTexas's contracts with such third parties.
Reporting to Third Parties. 16.1 Our audit opinion is intended for the benefit of those to whom it is addressed. The audit will not be planned or conducted in contemplation that reliance will be placed on it by any third party or with respect to any specific transaction. Items of possible interest to a third party will therefore not be specifically addressed, and matters may exist that would be assessed differently by a third party in connection with a specific transaction.
16.2 There may be situations, for example, in relation to loan agreements, where a third- party request us, in our capacity as auditors, to report to them. Any contractual arrangements between you and a third party, which seek to impose such requirements upon us, will not, as a matter of law, be binding on us. Depending on the circumstances, however, we may agree to provide reports to third parties, but not in our capacity as auditors.
16.3 Any such requirements must be discussed with us at the earliest opportunity and well before any loan or other agreement is to be finalised. In this regard, it is not our policy to extend our duty of care beyond that arising from our audit report on the annual financial statements.
16.4 The Services shall be delivered on the basis that you will not quote our name or reproduce our logo in any form or medium without our prior written consent. You may disclose in whole any Deliverable to your regulators, bankers and legal and other professional advisers for purposes of seeking advice in relation to the services, provided that when doing so you inform them that:
a) disclosure by them (save for their own internal purposes) is not permitted without our prior written consent; and
b) we accept no responsibility or liability whatsoever; and
c) we owe no duty of care to them in connection with the services.
Reporting to Third Parties. Upon Customer’s written request, SYSCO will provide purchasing information that is normally made available to Customer to an agent representing Customer for the purpose of information analysis, order placement or processing or supplier rebate application (a “Third Party Provider”). SYSCO’s release of information to a Third Party Provider is subject to the following conditions:
(i) SYSCO will only supply reporting information to one entity. If Customer uses a Third Party Provider, such reporting information will be provided to such party and not to Customer;
(ii) The information will only be made available in one of SYSCO’s standard electronic formats or utilizing EDI ANSI X.12 standards;
(iii) All information sent or made available by SYSCO to an authorized Third Party Provider is for the sole use of Customer. Selling, utilizing, or disclosing such information to anyone other than Customer is prohibited;
(iv) Prior to providing any such information to any such Third Party Provider, SYSCO will require (A) Customer to authorize such disclosure or access in writing and (B) the Third Party Provider to execute a confidentiality agreement restricting the disclosure of such information;
(v) If SYSCO incurs additional costs as a result of Third Party Provider requirements, Customer shall reimburse or shall cause the Third Party Provider to reimburse such costs; and
(vi) When Customer designates a Third Party Provider to be a recipient of Customer’s data, Customer will look only to the Third Party Provider for all reporting and analysis of Customer’s purchases and SYSCO will have no obligation to provide additional reporting under Section 5.1.
Reporting to Third Parties. CF undertake that when requested thereto by BF, to provide a written report of the progress on the implementation of mentoring and transfer of skills to BF. BF, who is a part of this project, will provide the Witzenberg Partnership monitoring committee with the reports.
Reporting to Third Parties. NEG shall prepare and submit such reports and information to third parties (including regulatory authority, joint interest owners and institutional investors) as may be required by applicable law or Panaco’s contracts with such third parties.
