Common use of Work Progress Reports Clause in Contracts

Work Progress Reports. On or before April 1 of each year of this Agreement, La Teko shall furnish to the University yearly progress reports showing the character and amount of work performed by La Teko on the Property during the preceding year and the place or places where work was performed and ore or material mined, and shall make available for the University's inspection, at the office where such records are kept, any other drill cuttings, cores, and other geological samples collected by La Teko under this Agreement, as well as provide for the University's inspection and reproduction all sample data and geological maps resulting from such work and all geologic reports supporting such progress reports. Any data, reports, or other information furnished to the University shall be the same as La Teko customarily prepares or obtains for its records. La Teko further agrees to supply the University with copies of all geological maps, cross-sections, drill logs, and other factual and/or interpretive or computer generated data or reports generated under the terms of this Agreement. The University shall keep confidential, as provided in Article 20, all information received from La Teko through such reports, samples, data and maps; and La Teko shall not be required to generate any reports or collect any data that it has not otherwise prepared or generated for its own use.

Appears in 1 contract

Sources: Exploration Agreement and Option to Lease (La Teko Resources LTD)

Work Progress Reports. On or before April 1 of each year of this Agreement, La Teko shall furnish to the University yearly progress reports showing the character and amount of work performed by La Teko on the Property during the preceding year and the place or places where work was performed and ore or material mined, performed. Such reports shall include an accounting of funds spent and shall include the volume of material removed from the Property for bulk sampling as allowed in Article 10. La Teko shall also make available for the University's inspection, inspection at the office where such records are kept, any other drill cuttings, cores, cores and other geological samples collected by La Teko under this Agreement, as well as and shall provide for the University's inspection and reproduction of all sample data and geological maps resulting from such work work, and all ail geologic reports supporting such progress reports. Any data, reports, or other information furnished to the University shall be the same as that La Teko customarily prepares or obtains for its own records. La Teko further agrees to supply the University with copies of all geological maps, cross-sections, drill logs, and other factual and/or interpretive or and computer generated data data, disks, or reports generated under the terms of this Agreement. The University shall keep confidential, as provided in Article 2022, all information received from La Teko through such reports, samples, data data, and maps; and La Teko shall not be required to generate any reports or collect any data that it has not otherwise prepared or generated for its own use.

Appears in 1 contract

Sources: Exploration Agreement and Option to Lease (La Teko Resources LTD)