Payout statement Clause Samples
Payout statement. This is a statement we issue that shows the amount that we project will be required to prepay all of what is owed on a given date.
Payout statement. On a quarterly basis, El Paso shall provide McMoRan with a detailed statement of production from all wells drilled hereunder which is ▇▇▇▇▇butable to the interest conveyed by McMoRan to El Paso as well as the cumulative status of the amount of production credited to Payout.