ADJUSTMENTS AND VERIFICATION. 7.1 Payment of any Net Profits by the Royaltypayor shall not prejudice the right of the Royaltypayor to adjust the statement supporting the payment; provided, however, that all statements presented to the Royaltyholder by the Royaltypayor for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12 month period the Royaltypayor gives notice to the Royaltyholder making claim on the Royaltyholder for an adjustment to the statement.
ADJUSTMENTS AND VERIFICATION. 3.01 Payment of any Net Smelter Returns by Royaltypayor shall not prejudice the right of Royaltypayor to adjust any statement supporting the payment; provided, however, that all statements presented to the Royaltyholder by Royaltypayor for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12-month period Royaltypayor gives notice to the Royaltyholder claiming an adjustment to the statement which will be reflected in subsequent payment of Net Smelter Returns.
ADJUSTMENTS AND VERIFICATION. 4.01 Payment of any Net Proceeds of Production by a Participant shall not prejudice the right of that Participant to adjust its own statement supporting the payment; provided, however, that all statements presented to the non-Participant by that Participant for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12 month period that Participant gives notice to the non-Participant making claim on the non-Participant for an adjustment to the statement which will be reflected in subsequent payment of Net Proceeds of Production.
ADJUSTMENTS AND VERIFICATION. 3.1 Payment of any Operator’s Bonus shall not prejudice the right of Sunburst de Mexico to adjust its own statement supporting the payment; provided, however, that all statements presented to the Operator for any quarter shall conclusively be presumed to be true and correct upon the expiration of 3 months following the end of the quarter to which the statement relates, unless within that 3 month period Sunburst de Mexico gives notice to the Operator making claim on an adjustment to the statement which will be reflected in subsequent payment of the Operator’s Bonus.
ADJUSTMENTS AND VERIFICATION. 4.1 Payment of any Net Smelter Return by the Purchaser shall not prejudice the right of the Purchaser to adjust any statement supporting the payment, provided, however, that all statements presented to Grandview by the Purchaser for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12-month period the Purchaser gives written notice to Grandview claiming an adjustment to the statement which shall be reflected in a subsequent payment of Net Smelter Return.
ADJUSTMENTS AND VERIFICATION. 4.01 The records relating to the calculation of Net Smelter Returns payments shall be audited annually at the end of each fiscal year of Parkside:
ADJUSTMENTS AND VERIFICATION. 11.1 Payment of any Net Proceeds of Production shall not prejudice the right of the J.V. Company to adjust its own statement supporting the payment; provided, however, that all statements presented to the non-Participant by the J.V. Company for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12 month period the J.V. Company gives notice to the non-Participant making claim on the non-Participant for an adjustment to the statement which will be reflected in subsequent payment of Net Proceeds of Production.
ADJUSTMENTS AND VERIFICATION. 3.01 Payment of any Net Smelter Returns by the Royalty-payor shall not prejudice the right of the Royalty-payor to adjust any statement supporting the payment; provided, however, that all statements presented to the Royalty-holder by the Royalty-payor for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12-month period the Royalty- payor gives notice to the Royalty-holder claiming an adjustment to the statement which will be reflected in subsequent payment of Net Smelter Returns.
ADJUSTMENTS AND VERIFICATION. 4.1 Payment of any Net Smelter Returns by the Payor shall not prejudice the right of the Payor to adjust any statement supporting the payment; provided, however, that all statements presented to the Holder by the Payor for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12-month period the Payor either gives Notice to the Holder claiming an adjustment to the statement, which will be reflected in the next subsequent payment of Net Smelter Returns, or the Holder provides the Payor with Notice under §4.2.
ADJUSTMENTS AND VERIFICATION. 8.01 Payment of any Net Profits by the Royaltypayor shall not prejudice the right of the Royaltypayor to protest the correctness of the statement supporting the payment; provided, however, that all statements presented to the Royaltyholder by the Royaltypayor for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12 month period that the Royaltypayor gives Notice to the Royaltyholder making claim on the Royaltyholder for an adjustment to the statement which will be reflected in subsequent payment of Net Profits. TECK CO, LLC 000 X. Xxxxxxxxxx Xxxx. Xxxxx 000, Xxxxxxx, XX 00000 telephone: 000 000-0000 facsimile: 000 000-0000
