Accounting Records and Reports. 1.3.1 In accordance with the provisions of Article 16.1 of the Contract, the Contractor shall maintain in its office in Equatorial Guinea original, complete, true and correct accounts, books and records of the Production and disposition of Hydrocarbons, and all costs and expenses under the Contract, as well as all other records and data necessary or proper for the settlement of accounts in accordance with the laws of Equatorial Guinea, generally accepted accounting procedures and generally accepted practice in the international petroleum industry and pursuant to the chart of accounts agreed pursuant to Article 1.3.2 below.
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Samples: s3.amazonaws.com, www.droit-afrique.com, www.resourcecontracts.org
Accounting Records and Reports. 1.3.1 In accordance with the provisions of Article 16.1 16.1 of the Contract, the Contractor shall maintain in its office in Equatorial Guinea original, complete, true and correct accounts, books and records of the Production and disposition of Hydrocarbons, and all costs and expenses under the Contract, as well as all other records and data necessary or proper for the settlement of accounts in accordance with the laws of Equatorial Guinea, generally accepted accounting procedures and generally accepted practice in the international petroleum industry and pursuant to the chart of accounts agreed pursuant to Article 1.3.2 1.3.2 below.
Appears in 3 contracts
Samples: Annex a Contract (Kosmos Energy Ltd.), Annex a Contract (Kosmos Energy Ltd.), Annex a Contract (Kosmos Energy Ltd.)