Examples of Invoice Month in a sentence
Midstream Co shall deliver to Producer, on or before the close of business of the 40th Day after the applicable Invoice Month a Monthly Loss/ Gain Report.
If actual measurements of volumes of Dedicated Production are not available by the date stated in Section 10.1(a), then Midstream Co may prepare and submit an invoice based on Midstream Co’s good faith estimate of the volumes of Dedicated Production received in the applicable Invoice Month.
If Midstream Co submits an invoice based on estimated volumes, Midstream Co shall prepare and submit to Producer an invoice based on actual measurements on or before the close of business on the 40th Day after the applicable Invoice Month, together with a reconciliation to the invoice submitted based on Midstream Co’s estimate.
If Midstream Co submits an invoice based on estimated volumes, Midstream Co shall prepare and submit to Producer an invoice based on actual measurements on or before the close of business of the 40th Day after the applicable Invoice Month, together with a reconciliation to the invoice submitted based on Midstream Co’s estimate.
During such time, Midstream Co shall continue to prepare and deliver invoices to Producer as required by Article X, except that such invoices shall show (1) the amount due and owing from Producer for the applicable Invoice Month, (2) how much of the amount due under the applicable invoice has been set off against the Shortfall Payment, and (3) how much of the Shortfall Payment remains to be credited back to Producer.
Because more than 50% of the Stock is being transferred to Purchaser in the S Termination Year, the Company will utilize the “closing of the books” method to calculate and report its Taxes for the S Short Year and the C Short Year as required by Code §1362(e)(6)(D).
If Gatherer submits an invoice based on estimated volumes, Gatherer shall prepare and submit to Producer an invoice based on actual measurements on or before the close of business of the 40th Day after the applicable Invoice Month, together with a reconciliation to the invoice submitted based on Gatherer’s estimate.
On or before the 10th Day after the end of the applicable Invoice Month, Producer shall deliver to Midstream Co a listing of each Relevant Well producing in paying quantities during such Invoice Month and such listing shall designate each such Relevant Well as either vertical or horizontal.
For each Invoice Month, Midstream Co shall deliver a Monthly Loss/Gain Report to Producer, on or before the close of business on the third applicable Business Day following the later of (i) the end of such Invoice Month, or (ii) the Day on which Producer has delivered all data reasonably required by Midstream Co to generate such Monthly Loss/ Gain Report with respect to such Invoice Month.
If actual measurements of volumes of Dedicated Production are not available by the date stated in Section 9.1(a), then the invoice submitted by the date stated in Section 9.1(a), may be prepared and submitted based on Gatherer’s good faith estimate of the volumes of Dedicated Production received in the applicable Invoice Month.