Final Accounting Statement. Upon termination of this Agreement, Owner-Operator shall promptly deliver to Counterparty a final Accounting Statement effective as of the date of such termination (taking into account the balance of any reserve or operating accounts existing as of the date of such termination) and the Parties shall promptly pay any final Net Profits or Net Loss in accordance with the terms of Section 2.3.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement (BreitBurn Energy Partners L.P.), Contribution, Conveyance and Assumption Agreement (BreitBurn Energy Partners L.P.)