VALUE OF PRODUCTION AND PRICING STATEMENT Sample Clauses

VALUE OF PRODUCTION AND PRICING STATEMENT. The Contractor shall, for the purposes of Article 19 of the Contract, prepare a Statement providing calculations of the value of Crude Oil and Condensate produced and saved during each Month. This Statement shall contain the following information:
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VALUE OF PRODUCTION AND PRICING STATEMENT. For the purposes of Article 10 of the Contract, the Contractor shall prepare a Quarterly statement providing details of the value of Hydrocarbons produced, saved and sold during each Quarter. The value of Production statement shall include the following information: (a) the quantities, prices and income received by the Contractor as a result of sales of Hydrocarbons to third parties during the Quarter in question; (b) the quantities, prices and income received by the Contractor as a result of sales of Hydrocarbons, other than sales to third parties, during the Quarter in question; (c) the value of any stocks of Hydrocarbons at the end of the Quarter preceding the Quarter in question; (d) the value of any stocks of Hydrocarbons at the end of the Quarter in question; and (e) the information available to the Contractor concerning the prices of competitive Crude Oils, insofar as required for the purposes of Article 10 of the Contract.
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VALUE OF PRODUCTION AND PRICING STATEMENT. 12.1 The Company shall, for purposes of clause 15 of the Agreement, prepare a statement providing calculations of the value of each quality of Namibian Crude Oil Produced and Saved from the Licence Area during each Quarter which shall contain the following information: (a) The quantities of Namibian Crude Oil sold at arms length during the Quarter in question by the Company, the prices realized and receipts obtained for such sales; (b) the quantities of Namibian Crude Oil sold other than to third parties during the Quarter in question by the Company, the prices realised and receipts obtained for such sales; (c) the quantities of Crude Oil appropriated by the Company to refining or other processing without being otherwise disposed of in the form of Crude Oil; (d) the quantity and value of stocks of Crude Oil held at the beginning of the Quarter in question; (e) the quantity and value of stocks of Crude Oil held at the end of the Quarter in question; (f) the percentage volume of total sales of Namibian Crude Oil made by the Company during the Quarter that are arms length sales to third parties other than sales made pursuant to clause 24 of the Agreement; (g) the percentage volume of total sales of Namibian Crude Oil made by the Company during the Quarter that are arms length sales to third parties pursuant to clause 24 of the Agreement; (h) the Company's estimate, pursuant to clause 15 of the Agreement, of the market price of Namibian Crude Oil Produced and Saved for the Quarter; (i) all other information available to the Company, if relevant for the purposes of clause 15 of the Agreement, concerning the prices of the selection of major competitive crude oils, including contract prices, discounts and premiums, and prices obtained on the spot markets. 12.2 At the time of the development of the first Discovery of Natural Gas, the Minister and the Company shall agree on an appropriate format for reporting the value of Natural Gas sold or disposed of. 12.3 The value of production and pricing statement for each Quarter shall be submitted to the Commissioner not later than 15 days after the end of the Quarter to which such value of production and pricing statement relate.
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VALUE OF PRODUCTION AND PRICING STATEMENT. 6.1 The Contractor shall, for the purposes of Article 13 of the Agreement prepare a statement providing calculations of the value of Crude Oil and the value of the Natural Gas produced and saved during each Calendar Month for each Field. This statement, which shall be prepared for each quality of Crude Oil and the Natural Gas produced from the Contract Area, shall contain the following information: (a) The quantities, prices and receipts realised therefor by the Contractor as a result of Third Party Sales of Crude Oil and the Natural Gas made during the Calendar Month in question. (b) The quantities, prices and receipts realised therefor by the Contractor as a result of sales of Crude Oil and the Natural Gas made during the Calendar Month in question, other than Third Party Sales. (c) The percentage of total volume of Crude Oil sales which were Third Party Sales. (d) The percentage of total volume of Natural Gas sales which were Third Party Sales. (e) Information supplied to the Minister by Contractor for the purposes of Article
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VALUE OF PRODUCTION AND PRICING STATEMENT. 7.1 Value of Production and Pricing Statement Information The Investor shall, for the purposes of Article 16. of the Agreement, prepare a Value of Production and Pricing Statement providing calculations of the value of Available Oil and Available Gas produced and sold during each Quarter. This Value of Production and Pricing Statement shall contain the following information: a) the quantities and the price payable in respect of sales of Natural Gas and Crude Oil delivered to third parties during the Quarter in question; and b) the quantities and price payable in respect of sales of Natural Gas and Crude Oil delivered during the Quarter in question, other than to third parties.
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VALUE OF PRODUCTION AND PRICING STATEMENT. 5.1 The Contractor shall, for the purposes of Article 18 of the Contract, prepare a Statement providing calculations of the value of CBM produced and saved during each Month. The Statement shall contain the following information : 5.1.1 The quantities, prices and receipts realised therefor by the Contractor as a result of sales of CBM to third Parties (with any sales to Government being separately identified) made during the Month in question. 5.1.2 The quantities, prices and receipts realised therefor by the Contractor as a result of sales of CBM made during the Month in question, other than to third Parties. 5.1.3 The percentage volume of total sales of CBM made by the Contractor during the Month that are Arms Length Sales to third Parties. 5.2 The Statement required pursuant to Section 5.1 shall include a detailed breakdown of the calculation of the prices of CBM pursuant to the provisions of Article 18. 5.3 The Value of Production and Pricing Statement for each Month shall be submitted to Government not later than ten (10) days after the end of such Month.
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VALUE OF PRODUCTION AND PRICING STATEMENT. 6.1.1 The Licensee shall, for the purposes of Article 14 of the Agreement, prepare a Statement providing calculations of the value of Petroleum Produced and Saved during each Calendar Month. This Statement shall contain the following information: (a) The quantities, and prices of sales of Crude Oil to third parties made during the Calendar Month in question. (b) The quantities and prices of sales of Crude Oil made during the Month in question, other than to third parties, if any. (c) The quantities of Crude Oil appropriated by the Licensee to refining or other processing without otherwise being disposed of in the form of Crude Oil.. (d) The value of stocks of Crude Oil on the first day of the Calendar Month in question. (e) The value of stocks of Crude Oil on the last day of the Calendar Month in question. (f) The percentage volume of total sales of Crude Oil made by the Licensee during the Calendar Month that are arm’s length sales to third parties. (g) The quantities and tariffs pertaining to Petroleum transported beyond the Delivery Point. (h) Information available to the Licensee, insofar as required for the purposes of Article 14 of the Agreement concerning the prices of competitive crude oils produced by the main petroleum producing and exporting countries including contract prices, discounts and premia, and prices obtained on the spot markets. 6.1.2 The Licensee shall, for the purpose of Article 18 of the Agreement prepare a statement providing calculations of the value of Associated Natural Gas and Non Associated Natural Gas produced, flared, internally used, saved and sold during each Calendar Month. This statement shall contain all information of the type specified in Section 6.1.1 for Crude Oil as is applicable to Natural Gas and such other relevant information as may be required by Government. 6.1.3 The Statements required pursuant to Sections 6.1.1 and 6.
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Related to VALUE OF PRODUCTION AND PRICING STATEMENT

  • Monthly Billing Statements The Engineer shall request reimbursement of costs incurred by submitting the original and one copy of an itemized billing statement in a form acceptable to the State. The Engineer is authorized to submit requests for reimbursement no more frequently than monthly and no later than ninety (90) days after costs are incurred.

  • Billing Statements ‌ 8.1 Condition 22.4 (Contents of Billing Statement) of the Conditions shall be amended so that Condition 22.4(I) is deleted and replaced by the following provisions:

  • Billing Statement The billing statement shall show the work authorization number for each work authorization included in the billing, the total amount earned to the date of submission, and the amount due and payable as of the date of the current billing statement for each work authorization. The billing statement shall indicate if the work has been completed or if the billing is for partial completion of the work. The fixed fee will be paid in proportion to the percentage of work completed per work authorizations.

  • Filing Financing Statements The Issuer has caused, or will cause within ten days after the Closing Date, the filing of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law to perfect the security interest Granted in the Collateral to the Indenture Trustee under this Indenture. All financing statements filed or to be filed against the Issuer in favor of the Indenture Trustee under this Indenture describing the Collateral will contain the following statement: “A purchase of or grant of a security interest in collateral described in this financing statement will violate the rights of the Secured Parties.”

  • Financing Statements, Etc The Grantor hereby authorizes the Secured Party to file (with a copy thereof to be provided to the Grantor contemporaneously therewith), at any time and from time to time thereafter, all financing statements, financing statement assignments, continuation financing statements, and UCC filings, in form reasonably satisfactory to the Secured Party. The Grantor shall execute and deliver and shall take all other action, as the Secured Party may reasonably request, to perfect and continue perfected, maintain the priority of or provide notice of the security interest of the Secured Party in the Collateral (subject to the terms hereof) and to accomplish the purposes of this Agreement. Without limiting the generality of the foregoing, the Grantor ratifies and authorizes the filing by the Secured Party of any financing statements filed prior to the date hereof that accomplish the purposes of this Agreement.

  • Production Report and Lease Operating Statements Within 60 days after the end of each fiscal quarter, a report setting forth, for each calendar month during the then current fiscal year to date, the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.

  • Financing Statements Subject to the Standard Qualifications, each Mortgage Loan or related security agreement establishes a valid security interest in, and a UCC-1 financing statement has been filed and/or recorded (or, in the case of fixtures, the Mortgage constitutes a fixture filing) in all places necessary at the time of the origination of the Mortgage Loan (or, if not filed and/or recorded, has submitted or caused to be submitted in proper form for filing and/or recording) to perfect a valid security interest in, the personal property (creation and perfection of which is governed by the UCC) owned by the Mortgagor and necessary to operate such Mortgaged Property in its current use other than (1) non-material personal property, (2) personal property subject to purchase money security interests and (3) personal property that is leased equipment. Each UCC-1 financing statement, if any, filed with respect to personal property constituting a part of the related Mortgaged Property and each UCC-3 assignment, if any, filed with respect to such financing statement was in suitable form for filing in the filing office in which such financing statement was filed. Notwithstanding anything herein to the contrary, no representation is made as to the perfection of any security interest in rents or other personal property to the extent that possession or control of such items or actions other than the filing of Uniform Commercial Code financing statements is required to effect such perfection.

  • Accuracy of Statements Neither this Agreement nor any Schedule, Exhibit, statement, list, document, certificate or other information furnished by or on behalf of the Company to the Purchaser in connection with this Agreement or any of the transactions contemplated hereby contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements contained herein or therein, in light of the circumstances in which they are made, not misleading.

  • Closing Statements Buyer’s Closing Statement, and a certificate confirming the truth of Buyer’s representations and warranties hereunder as of the Closing Date.

  • Financing Statement To the extent permitted by applicable law, a carbon, photographic or other reproduction of this Agreement or any financing statement covering the Collateral shall be sufficient as a financing statement.

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