Responsibility for maintaining accounts. 3.1 Each of the entities constituting the Company shall be responsible for maintaining their own accounting records in order to comply fully with all legal requirements and to support all fiscal returns or any other accounting reports required by any governmental authority in relation to the Petroleum Operations.
Appears in 4 contracts
Samples: Petroleum Agreement (Elephant Oil Corp.), Petroleum Agreement (Kosmos Energy Ltd.), resourcecontracts.org
Responsibility for maintaining accounts. 3.1 Each of the entities constituting the Company shall be responsible for maintaining their own accounting records in order to comply fully with all legal requirements and to support all fiscal returns or any other accounting reports required by any governmental authority in relation to the Petroleum Operations. The operator for and on behalf of all entities constituting the Company shall maintain the accounts of the Petroleum Operations under the Agreement in such a manner so as to permit each such entity to fulfill the obligations under this Agreement.
Appears in 2 contracts
Samples: Petroleum Agreement, Petroleum Agreement
Responsibility for maintaining accounts. 3.1 Each of the entities constituting the Company Co mpany shall be responsible for maintaining their own accounting records in order to comply fully with all legal requirements and to support all fiscal returns or any other accounting reports required by any governmental authority in relation to the Petroleum Petrole um Operations.
Appears in 1 contract
Samples: Model Petroleum Agreement
