Joint Venture Audit definition

Joint Venture Audit means current ongoing audit relating to the joint venture with M▇▇▇▇▇ Oil Corporation on behalf of Seller conducted by L▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ for the periods of 2010-2014 and for the portion of 2015 ending on the date before the Effective Date.
View Source
Joint Venture Audit has the meaning ascribed thereto in Section 9.3(a);
View Source

Examples of Joint Venture Audit in a sentence

  • The Royalty Owner will conduct any such audit in accordance with PASC Joint Venture Audit Protocol Bulletin No. 6 (or any replacement therefor).

  • I understand that the consequence of not complying with MACS' and the School’s Policies and Procedures may result in the termination of the enrolment.

  • Except as set forth in Schedule ‎4.7, there is no suit, action, investigation, audit (excluding the Sales and Use Tax Audit and the Joint Venture Audit), examination or inquiry by any Person or by or before any Governmental Authority, and no legal, administrative or arbitration proceedings pending, or to Seller’s Knowledge, threatened against the Purchased Company or affecting any of the Assets.

  • Royalty Owner will conduct any such audit in accordance with PASC Joint Venture Audit Protocol Bulletin No. 6 (or any replacement therefor).

  • Notwithstanding the above, Seller shall have the right to administer, conduct and control (i) the Joint Venture Audit and the Sales and Use Tax Audit (ii) and any other audit and legal proceeding, in respect of Taxes that relate to a Pre-Closing Tax Period, provided, that if such proceeding or audit also relates to taxable periods on or after the Effective Date, Seller shall not settle such claim without the consent of Buyer, which consent shall not be unreasonably conditioned, delayed or withheld.