Reporting Considerations Clause Samples
The "Reporting Considerations" clause outlines the requirements and procedures for providing information or updates between parties under the agreement. Typically, it specifies what types of reports must be delivered, the frequency or timing of such reports, and the format or content required. For example, a party may be obligated to submit quarterly financial statements or incident reports within a set timeframe. This clause ensures that all parties remain informed and accountable, thereby promoting transparency and enabling timely decision-making or compliance monitoring.
Reporting Considerations. Upon request, the Company will provide to the Municipality, along with payment of the franchise fee amount information on the total Delivery Tariff billed, the franchise fee percentage applied, and the derived franchise fee amount used by the Company to verify the payment of the franchise fee amount as calculated under this paragraph 5.
Reporting Considerations. Upon request, the Company shall provide to the Municipality along with payment of the franchise fee amount, the financial information used by the Company to verify the franchise fee amount as calculated under this Article.
Reporting Considerations. To verify the amount of the franchise fee payable under paragraphs 5)c) and 5)d) above, the Company, on the written request of the Municipality, shall provide to the Municipality, at the expense of the Company, on March 31 of each year of the Term for the previous calendar year a statement certified by the Company’s external auditors showing the Company’s actual total revenue derived from the delivery of Natural Gas to Consumers in the Municipal Service Area and the monthly volumetric consumption of Natural Gas, in gigajoules (GJ), to verify the payment of the franchise fee amount as calculated under paragraph 5)c) or 5)d).
Reporting Considerations. The Company agrees to provide a copy of its financial statements to the Municipality by May 31 of each year. Further, upon request, the Company shall provide to the Municipality along with payment of the franchise fee amount, the financial information used by the Company to verify the franchise fee amount as calculated under this Article.