Updated Statement definition

Updated Statement has the meaning set forth in Section 4.3(g).
Updated Statement means a statement given by the Contracting Party to the Collateral Agent pursuant to Clause 5.3 (Updated Statements) comprising a true, complete and accurate statement updating (in respect of the relevant calendar month), to the extent relevant, all information supplied previously in the Initial Statement and/or any other Updated Statement together with supporting information and materials in respect of any update illustrating in reasonable detail the matters specified. Contract 17-105A Schedule L 5 Rev A
Updated Statement shall have the meaning set forth in Section 3.5(d).

Examples of Updated Statement in a sentence

  • The BHP Billiton Parties will make available to Purchaser all information reasonably required for Purchaser to confirm the calculations in the Updated Statement of Effective Period Payment.

  • The Updated Statement of Effective Period Payment shall be prepared on the same basis as the Statement of Effective Period Payment and in the same format set out in Schedule 3.3(a), except that no updated calculation of working capital or estimate of current Taxes of BCDC accruing due shall be required.

  • Following the amendment of the Statement of Effective Period Payment or Updated Statement of Effective Period Payment, as applicable, references in this Agreement to the Statement of Effective Period Payment or Updated Statement of Effective Period Payment, as applicable, shall refer to the Statement of Effective Period Payment or Updated Statement of Effective Period Payment, as applicable, as so amended.

  • Purchaser shall provide, or cause to be provided, to the BHP Billiton Parties and their representatives full (but not exclusive) access to all relevant records reasonably required to prepare the Updated Statement of Effective Period Payment.

  • If Purchaser does not deliver an Objection Notice on or before the applicable Objection Date, then Purchaser shall be deemed to have accepted the Statement of Effective Period Payment or the Updated Statement of Effective Period Payment, as applicable.

  • After giving an Initial Statement the Contracting Party shall, within 5 Business Days of the end of each calendar month falling within the Step-In Decision Period, give the Collateral Agent an Updated Statement.