Accounting Procedure definition

Accounting Procedure means the principles and procedures of accounting set out in Appendix C.
Accounting Procedure means the procedures set forth in Exhibit B.
Accounting Procedure means the procedure attached to this Agreement as Appendix I.

Examples of Accounting Procedure in a sentence

  • If one (1) of the Parties is of the opinion that a change in the Accounting Procedure is desirable to rectify an inequity, or for other reasons, it may forward a proposal for amendment of the Accounting Procedure to the Operator who will arrange for the matter to be discussed at an Operating Committee meeting, or at a meeting of an appropriate sub- committee.

  • The Accounting Procedure may be amended with the agreement of all the Parties, subject to the approval of the Danish Energy Agency.

  • It is the intent that the monetary limits set forth in various sections of the Accounting Procedure shall be reviewed and adjusted from time to time by agreement of all the Parties in order to be in accordance with changes in prices and operating conditions.

  • In the event that one (1) or more of the Parties engages in sole risk operations, then, to the extent appropriate, the Accounting Procedure will apply to such sole risk operations but separate accounts, books, bank accounts and other records shall be established and maintained for such sole risk operations in such a manner that the statements and billing relating to the Joint Account do not reflect the sole risk operations.

  • In the event of a conflict between the Parties with respect to this Accounting Procedure, the Accounting Committee, if any, or the Operating Committee shall meet and in good faith attempt to settle the conflict with the intent that no Party shall gain or lose at the expense of the other Parties.


More Definitions of Accounting Procedure

Accounting Procedure means the accounting procedure attached to this Agreement as Schedule “C”;
Accounting Procedure means the rules and procedures set forth in Schedule 2;
Accounting Procedure means the rules, provisions and conditions set forth and contained in Exhibit A to this Agreement.
Accounting Procedure means the Accounting Procedure attached as Exhibit A.
Accounting Procedure means the accounting procedures and requirements set out in Appendix "B" attached hereto and made an integral part hereof; "The Act" means the Petroleum (Exploration and Production) Act (Cap 308) laws of Kenya, 1986, enacted by the Parliament of the Republic of Kenya;
Accounting Procedure means the accounting procedures and requirements set out in Appendix “B” attached hereto and made an integral part hereof;
Accounting Procedure means the accounting procedure that appears in Annex B to this Contract.