Periodic Inventories, Notice and Representation. At reasonable intervals, inventories shall be taken by Paltar of all Material held in warehouse stock on which detailed accounting records are normally maintained. The expense of conducting periodic inventories shall be charged to the Operating Account. Paltar shall give Nation written notice at least 60 days in advance of its intention to take inventory, and Nation, at its sole cost and expense, shall each be entitled to have a representative present. The failure of Nation to be represented at such inventory shall bind such Nation to accept the inventory taken by Paltar, who shall in that event furnish Nation with a reconciliation of overages and shortages. Inventory adjustments to the Operating Account shall be made for overages and shortages. Any adjustment equivalent to A$ 50,000 or more shall be brought to the attention of the Operating Committee.
Periodic Inventories, Notice and Representation. At reasonable intervals, inventories shall be taken by Operator of the Joint Account Controllable Material. Written notice of intention to take inventory shall be given by Operator at least thirty (30) days before any inventory is to begin so that Non-Operators may be represented when any inventory is taken. Failure of Non-Operators to be represented at any inventory shall bind Non-Operators to accept the inventory taken by Operator.
Periodic Inventories, Notice and Representation. At reasonable intervals, but at least annually, inventories shall be taken by Operator of all Materials on which detailed accounting records are normally maintained. The expense of conducting periodic inventories shall be charged to the Joint Account. Operator shall give Non-Operators written notice at least thirty (30) Days in advance of its intention to take inventory, and Non-Operators, at their sole cost and expense, shall each be entitled to have a representative present. The failure of any Non-Operator to be represented at such inventory shall bind such Non-Operator to accept the inventory taken by Operator, who shall in that event furnish each Non-Operator with a reconciliation of overages and shortages. Inventory adjustments to the Joint Account shall be made for overages and shortages. Any adjustment equivalent to ten thousand Dollars ($10,000) or more shall be brought to the attention of the Operating Committee.
Periodic Inventories, Notice and Representation. At reasonable intervals, but at least annually, inventories shall be taken by Operator of all Material on which detailed accounting records are normally maintained. The expense of conducting periodic inventories shall be charged to the Joint Account. Operator shall give Non-Operators written notice at least thirty days (30) in advance of its intention to take inventory, and Non-Operators, at their sole cost and expense, shall each be entitled to have a representative present. The failure of any Non-Operator to be represented at such inventory shall bind such Non-Operator to accept the inventory taken by Operator, who shall in that event furnish each Non-Operator with a reconciliation of overages and shortages. Inventory adjustments to the Joint Account shall be made for overages and shortages. Any adjustment equivalent to twenty thousand U.S. Dollars (U.S.$20,000.00) or more shall be brought to the attention of the Operating Committee.
Periodic Inventories, Notice and Representation. At reasonable intervals as agreed upon by EGPC and CONTRACTOR inventories shall be taken by Operating Company of the operations materials, which shall include all such materials, physical assets and construction projects. Written notice of intention to take inventory shall be given by Operating Company to EGPC and CONTRACTOR at least thirty (30) days before any inventory is to begin so that EGPC and CONTRACTOR may be represented when any inventory is taken. Failure of EGPC and/or CONTRACTOR to be represented at an inventory shall bind them to accept the inventory taken by Operating Company, who shall in that event furnish the party not represented with a copy thereof.
Periodic Inventories, Notice and Representation. At reasonable intervals, but not more frequently than once per year, Operator will conduct an inventory of the Joint Account Controllable Material. Written notice of intention to take inventory shall be given by Operator at least thirty (30) days before any inventory is to begin so that System Owners may be represented when any inventory is taken. Failure of System Owners to be represented at an inventory shall bind System Owners to accept the inventory taken by Operator.
Periodic Inventories, Notice and Representation. At reasonable intervals as agreed with Georgian Oil, inventories shall be taken by Contractor of all Controllable Material, which shall include materials and physical assets. Written notice of intention to take inventory shall be given by Contractor to Georgian Oil; at least thirty (30) days before any inventory is to begin so that Georgian Oil may be represented when any inventory is taken. Failure of Georgian Oil to be represented at an inventory shall bind Georgian Oil to accept the inventory taken by Contractor who shall in that event furnish Georgian Oil with a copy thereof.
Periodic Inventories, Notice and Representation. At reasonable intervals as agreed upon by EGAS and CONTRACTOR inventories shall be taken by the Joint Venture Company of the operations materials, which shall include all such materials, physical assets and construction projects. Written notice of intention to take inventory shall be given by the Joint Venture Company to EGAS and CONTRACTOR at least thirty (30) days before any inventory is to begin so that EGAS and CONTRACTOR may be represented when any inventory is taken. Failure of EGAS and/or CONTRACTOR to be represented at an inventory shall bind the party who failed to accept the inventory taken by the Joint Venture Company, who shall in that event furnish the party not represented with a copy thereof.
Periodic Inventories, Notice and Representation. At reasonable intervals as agreed upon by the MINISTER and the CONTRACTOR inventories shall be taken by the CONTRACTOR or the operations material, which shall include all such material, physical assets and construction projects. Written notice of intention to take inventory shall be given by the CONTRACTOR to the MINISTER at least thirty (3) days before any inventory is to begin so that the DEPARTMENT may be represented when any inventory is take. Failure of the DEPARTMENT to be represented at an inventory shall bind it to accept the inventory taken by CONTRACTOR who shall, in the event, furnish the MINISTER with a copy.
Periodic Inventories, Notice and Representation. At reasonable intervals as agreed between Petrobangla and Contractor, but in any event at least once a year and on termination of this Contract, inventories shall be taken by Contractor of the operations material, which shall include all such material, physical assets and construction projects. Written notice of intention to take an inventory shall be given by Contractor to Petrobangla at least thirty (30) days before any inventory is to begin so that Petrobangla may be represented when any inventory is taken. Failure of Petrobangla to be represented at an inventory shall bind Petrobangla to accept the inventory taken by Contractor, who shall, in that event, furnish Petrobangla with a copy.
