Common use of Validation Report Clause in Contracts

Validation Report. 3.4.1 The downstream Party shall prepare a report (the "Validation Report") of each validation carried out pursuant to this paragraph 3, setting out: (a) the methodology used for the validation; (b) the results of the validation; (c) the steps taken or which are to be taken in accordance with paragraph 3.5 for adjustment or replacement of Measurement Equipment as a result of such validation; and (d) [other?]any other matter required pursuant to the Validation Procedures. 3.4.2 The downstream Party shall provide the Validation Report to the upstream Party: (a) in the case of an NTS/LDZ Offtake: (i) no later than 14 days after the completion of any Routine Validation; and (ii) no later than 12 hours after the completion of any Exceptional Validation; and (b) in the case of an LDZ/LDZ Offtake: (i) if requested by the upstream Party, no later than 14 days after the later of such request and the completion of any Routine Validation; and (ii) no later than five days after the completion of any Exceptional Validation. 3.4.3 Unless disputed by the upstream Party in accordance with paragraph 6.1.1,6, the results of the Validation Report shall be binding on both Parties [(including for the purposes of paragraph 3.3.7)].

Validation Report. 3.4.1 The downstream Party shall prepare a report (the "Validation Report") of each validation carried out pursuant to this paragraph 3, setting out: (a) the methodology used for the validation; (b) the results of the validation; (c) the steps taken or which are to be taken in accordance with paragraph 3.5 for adjustment or replacement of Measurement Equipment as a result of such validation; and (d) [other?]any any other matter required pursuant to the Validation Procedures. 3.4.2 The downstream Party shall provide the Validation Report to the upstream Party: (a) in the case of an NTS/LDZ Offtake: (i) no later than 14 days after the completion of any Routine Validation; and (ii) no later than 12 hours after the completion of any Exceptional Validation; and (b) in the case of an LDZ/LDZ Offtake: (i) if requested by the upstream Party, no later than 14 days after the later of such request and the completion of any Routine Validation; and (ii) no later than five days after the completion of any Exceptional Validation. 3.4.3 Unless disputed by the upstream Party in accordance with paragraph 6.1.1,66, the results of the Validation Report shall be binding on both Parties [(including for the purposes of paragraph 3.3.7)].