Common use of Reports from XxxxXxxxx to the Trustee Clause in Contracts

Reports from XxxxXxxxx to the Trustee. Promptly following each of the first three Quarterly Periods and following the completion of each fiscal year, XxxxXxxxx shall deliver to the Trustee a statement of the computation of the proceeds for such Quarterly Period or fiscal year, as the case may be, as well as an update on the number of Development Xxxxx that have been drilled pursuant to the Development Agreement (identifying such Development Xxxxx) and production information for such period.