Balancing Payment calculation Sample Clauses

Balancing Payment calculation. Within 60 calendar days following the later to occur of (i) the Closing Date and (ii) the earliest date on which access to site by the Buyer’s accounting experts based outside Ghana first becomes practicable, subject to a maximum of no more than 120 calendar days following the Closing Date, the Buyer shall deliver to the Seller a reasonably detailed calculation of the Balancing Payment (the “Balancing Payment Calculation”) together with copies of supporting documentation and the balance sheet used by the Buyer to prepare such calculation. The Buyer shall provide prompt written notice to the Seller upon the Buyer commencing preparation of the Balancing Payment Calculation. The Balancing Payment Calculation will be prepared in accordance with the Accounting Principles. Once the Balancing Payment Calculation is delivered to the Seller, the Buyer shall not be permitted to make any changes to the Balancing Payment Calculation.
Balancing Payment calculation. The Balancing Payment for Loans under each Facility Agreement shall be as follows: