Operating Reports Clause Samples

Operating Reports. As soon as available and in any event within thirty days after the end of each fiscal quarter following the First Unit Operation Date, an operating report in the form set forth on Exhibit 17 hereto with respect to the Project for such quarterly period and for the portion of the Operating Year then ended, which report shall (i) correspond to the items and classifications and periods set forth in the applicable Operating Budget, (ii) show all Project Revenues, all O&M Expenses, the Operating Performance of the Project and a reasonably detailed accounting of the use of any amounts transferred from the Operating Account, (iii) be certified as complete and correct by an Authorized Officer of the Borrower, which certification shall also state that the O&M Expenses reflected therein complied with the requirements contained in Section 7.25 hereof, or, if any such certifications cannot be given, shall state in detail any necessary qualifications to such certifications and (iv) be in substantially the form of the pro forma Operating Report delivered in accordance with Section 4.1(s).

Operating Reports. SanDisk will have full access to any management or operation reports related to Flash Forward or Flash Forward’s business through the Y5 Operating Committee (as defined in the FF Operating Agreement). Management and operating reports related to Flash Forward or Flash Forward’s business as mutually agreed from time to time will be simultaneously made available in Japanese and English to each Party. Upon request, Toshiba employees will explain such reports to SanDisk’s employees and respond to questions from SanDisk’s employees, but Toshiba will not be responsible for SanDisk’s failure to understand such reports.

Operating Reports. During the term of this Agreement, Owner shall, within fourteen (14) days of issuance, furnish to Capital copies of any and all Facility-related reports, including the annual audit (if any).

Operating Reports. The Borrower shall prepare and ------------------ provide to the Lenders and Administrative Agent the following reports: (i) on a monthly basis by the 25th of each month and in connection with the delivery by the Borrower of any Invoice Disbursement Request, a report through the end of the prior month setting forth as to each Development Project (each well on an individual well by well basis), the actual vs. estimated cost breakdown (for all activities, including dry hole and completion activities) for such Development Project; (ii) on a monthly basis by the 25th of each month a cumulative report through the end of the prior month setting forth all amounts to be disbursed pursuant to Section 3.01 and Section 6.01(b), including a schedule identifying each category of payments identified as clauses (i) through (x)of Section 6.01(b), with a detailed schedule of all items in each such clause. (iii) such other information as the Lenders may reasonably request with respect to drilling, operation or property status matters, including notice of any material changes with regard to oil and gas prices received, contracts or production expenses or any material litigation affecting the operation of the Oil and Gas Properties of the Borrower.

Operating Reports. (a) The Borrower shall deliver to the Facility Agent (in an electronic form or in sufficient copies for each of the Facility Lenders) no later than fifteen (15) days after the end of each monthly period from the date of commencement of operations to the Financial Completion Date, a monthly operating summary report (a “Monthly Operating Report”) prepared by the Borrower and signed by an authorised officer of the Borrower in respect of the Project during the last monthly period including a discussion of any adverse developments with respect thereto and including the Operating Report Information. (b) The Borrower shall deliver to the Facility Agent (in an electronic form or in sufficient copies for each of the Facility Lenders) no later than sixty (60) days after the end of each semi-annual period following the Financial Completion Date, an operating summary report (a “Semi-Annual Operating Report”) prepared by the Borrower and signed by an authorised officer of the Borrower in respect of the Project during the last semi-annual period including a discussion of any adverse developments with respect thereto and including the Operating Report Information. (c) The Borrower shall provide access and assistance to the Independent Technical Consultant in connection with the review set forth in Clause 20.5(d). (d) On an annual basis and additionally upon the request of the Facility Agent if the Facility Agent reasonably believes that it has good cause to require such review, the Independent Technical Consultant will review the summaries prepared by the Borrower pursuant to Clause 20.5(b) and prepare a report (an “Independent Operating Report”) for the Facility Lenders on such summaries and setting out the following: (i) a summary of operations advised in the two (2) most recent Semi-Annual Operating Reports and in aggregate since the first such Semi-Annual Operating Report: (A) a summary of actual performance during that period against planned performance; (B) a report on the implementation of the Environmental Management Plan; (C) details of any matters which are likely to materially and adversely affect the Project; and (D) areas of significant concern (if any) and the action being taken to resolve any significant difficulties; (ii) details of any event of force majeure under any Project Document which has occurred, including details of any mitigation undertaken by the Borrower; and (iii) a summary of the actual operating expenditure incurred to date, the source of ...

Operating Reports. Deliver to the Lender, as soon as available, but in any event no later than fifteen (15) days after the end of each Quarterly Period of the Borrowers occurring after the first 5,000 tons of ore have been placed on the Project’s ▇▇▇▇▇ pad, a summary of operations for each such Quarterly Period and a summary of the fiscal year-to-date operations, in each case including comparisons to the Operating Budget and the Financial Model, including information in reasonable detail concerning: (A) Mine production during such Quarterly Period, (B) the Borrowers’ inventory of Gold (i) on the ▇▇▇▇▇ pads, (ii) in solution, (iii) in the adsorption-desorption-recovery plant or (iv) in doré, in each case at the end of such Quarterly Period, (C) the Ounces of Gold shipped from the Mine during such Quarterly Period, (D) Project Revenues received during such Quarterly Period, (E) Operating Costs paid during such Quarterly Period, (F) any Capital Expenditures paid during such Quarterly Period, (G) the Borrowers’ most recent cash planning forecast by month covering at least the next six (6) months, (H) any material developments that occurred during such Quarterly Period in Mine operations which have had or could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect, (I) a description of any material noncompliance with Project Approvals and Agreement Approvals or the Environmental Management Plan, and (J) without duplication of any of the foregoing, a description of any defects or malfunctions at the Mine that have had, or could reasonably be expected to have, either individually or in the aggregate, a material adverse effect on actual or expected Operating Costs and Project Revenues or on Mining Reserves.

Operating Reports. A. PMA shall provide the Client with standard system reports on a regular basis for all services provided pursuant to this Agreement. Standard system reports include a compilation of customer order information and monthly sales and tax reports upon written request from the Client. B. If special reports not provided as part of the standard reporting system are required, the Client shall pay PMA for any programming expenses incurred. PMA shall provide the Client with a written estimate of expected programming charges and obtain written authorization from the Client for such modifications before proceeding with the programming development of special reports.

Operating Reports. As soon as available but in no event more than 20 days after the end of each fiscal quarter after the earlier of the date of Completion or Start-up of Commercial Production, a summary of such month’s or such fiscal quarter’s operations and a summary of the fiscal year-to-date operations in a form agreed to by the Borrower and the Administrative Agent, in each case compared to the budgets and forecasts delivered pursuant to clause (h) above, including information in reasonable detail concerning (i) Project production and shipment of Project production during such period and variations from the related projections for such period reflected in the Financial Model, (ii) the Borrower’s inventory of product at the end of such period, (iii) revenues generated during such period from the sale of product, (iv) Operating Costs during such period as compared to the Financial Model, (v) costs constituting Capital Expenditures during such period as compared to the Construction Schedule and Capital Spending Plan, (vi) the Borrower’s most recent cash planning forecast covering at least the next following month or fiscal quarter, as the case may be, and (vii) any material developments during such period in Project operation, including material technical problems, discovery of any material defects in the physical facilities of the Project, material interruptions to operation or material labor difficulties.

Operating Reports. Following the Completion Date, within 30 days after the end of each calendar quarter, deliver to the Administrative Agent and Independent Engineer an operating report in respect of the most recently ended calendar quarter in a form reasonably satisfactory to the Administrative Agent (in consultation with the Independent Engineer).