Interim Statement Sample Clauses
An Interim Statement clause requires one party to provide a provisional or preliminary report on certain matters before the final statement or report is issued. Typically, this clause applies in contexts such as financial reporting, project management, or ongoing contractual obligations, where updates on progress, expenditures, or performance are needed at set intervals. By mandating interim statements, the clause ensures that all parties remain informed about the current status, enabling timely decision-making and reducing the risk of misunderstandings or surprises at the conclusion of the reporting period.
Interim Statement. While the NSR Royalty remains payable, the Payor shall, not later than thirty (30) days after the end of each calendar quarter, render to the Payee an interim statement of account in reasonable detail which statement shall be accompanied by the payment of the NSR Royalty payable, pursuant to this Option Agreement, for the previous calendar quarter. When all mineral products in any calendar year in which a royalty remains payable, have been sold and the revenues and expenditures determined, the Payor shall, within sixty (60) days after the termination of such calendar year, render a final statement of account in reasonable detail together with the payment of the balance, if any, of the NSR Royalty for such previous calendar year to the Payee. If amounts have been paid in excess of those to which the Payee is entitled under the terms of this agreement in any calendar year, the equivalent amount shall be deducted from the next royalty payment or payments.
Interim Statement. While the NSR remains payable hereunder, the Payor shall not later than sixty (60) days after the end of each quarter Year, render to the Payee an interim statement of account in reasonable detail which statement shall be accompanied by the payment of the NSR payable, pursuant to the Agreement, for the previous quarter Year. When all mineral products in any calendar Year in which an NSR remains payable, have been sold and the revenues and expenditures determined, the Payor shall, within ninety
Interim Statement. The Interim Statement is true and complete in all material respects, has been prepared in accordance with accounting principles generally accepted in the United States consistently applied and with the statements of prior years, and fairly reflects the financial condition, of MPA as of the date thereof and the results of operations for the period then ended.
Interim Statement. As soon a. available after the end of each month, ▇▇▇▇▇▇▇▇'s balance sheet and profit and loss statement for the period ended, prepared by Borrower in form satisfactory to Lender. Additional Requirements. BORROWER TO PROVIDE LENDER WITH MONTHLY BORROWING BASE, All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent basis. and certified by Borrower as being true and correct. Additional Information, Furnish such additional Information and statements, as Lender may request from time to time.