Common use of The Interim Completion Statement Clause in Contracts

The Interim Completion Statement. and the Final Completion Statement will be prepared on the information available at the time of their preparation and shall be without prejudice to any further claims arising under Clauses 6, 7 and/or 12 after the time of the preparation of such statements. The Seller and the Purchaser shall liaise on the compilation and agreement of the Interim Completion Statement and the Final Completion Statement and the Seller shall provide to the Purchaser, as soon as reasonably practicable, all the Seller’s calculations (and supporting documents) in the preparation of the Adjustments for verification purposes including such explanations and methodology as the Purchaser shall reasonably require. Without prejudice to the generality of the foregoing, subject to and to the extent of any confidentiality obligations by which it is bound, the Seller shall provide the Purchaser with copies of all Operators’ reports, billing statements and correspondence and any other relevant documentation in its possession necessary to support the Interim Completion Statement and the Final Completion Statement. Where the Seller is unable to provide the Purchaser with such information due to confidentiality obligations by which it is bound it shall provide the same to an independent chartered accountant for the purposes of certifying the accuracy of such information to the Purchaser. Time -value adjustments

Appears in 1 contract

Sources: Sale and Purchase Agreement

The Interim Completion Statement. and the Final Completion Statement will be prepared on the information available at the time of their preparation and shall be without prejudice to any further claims arising under Clauses 6, 7 and/or 12 after the time of the preparation of such statements. The Seller and the Purchaser Buyer shall liaise on the compilation and agreement of the Interim Completion Statement and the Final Completion Statement and the Seller shall provide to the PurchaserBuyer, as soon as reasonably practicable, all the Seller’s calculations (and supporting documents) in the preparation of the Adjustments for verification purposes including such explanations and methodology as the Purchaser Buyer shall reasonably require. Without prejudice to the generality of the foregoing, subject to and to the extent of any confidentiality obligations by which it is bound, the Seller shall provide the Purchaser Buyer with copies of all Operators’ reports, billing statements and correspondence and any other relevant documentation in its possession necessary to support the Interim Completion Statement and the Final Completion Statement. Where the Seller is unable to provide the Purchaser Buyer with such information due to confidentiality obligations by which it is bound it shall provide the same to an independent chartered accountant for the purposes of certifying the accuracy of such information to the Purchaser. Time -value adjustmentsBuyer.

Appears in 1 contract

Sources: Call Option Agreement (Atp Oil & Gas Corp)

The Interim Completion Statement. and the Final Completion Statement will be prepared on the information available at the time of their preparation and shall be without prejudice to any further claims arising under Clauses 6, 7 and/or 12 after the time of the preparation of such statements. The Seller and the Purchaser shall liaise on the compilation and agreement of the Interim Completion Statement and the Final Completion Statement and the Seller shall provide to the Purchaser, as soon as reasonably practicable, all the Seller’s calculations (and supporting documents) in the preparation of the Adjustments for verification purposes including such explanations and methodology as the Purchaser shall reasonably require. Without prejudice to the generality of the foregoing, subject to and to the extent of any confidentiality obligations by which it is bound, the Seller shall provide the Purchaser with copies of all Operators’ reports, billing statements and correspondence and any other relevant documentation in its possession necessary to support the Interim Completion Statement and the Final Completion Statement. Where the Seller is unable to provide the Purchaser with such information due to confidentiality obligations by which it is bound it shall provide the same to an independent chartered accountant for the purposes of certifying the accuracy of such information to the Purchaser. Time -value adjustments.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Atp Oil & Gas Corp)