Board Determination. Adjusted Operating Cash Flow shall be based upon the audited annual financial statements of the Company for the preceding fiscal year, as have been approved by the Company’s board of directors.
Appears in 6 contracts
Sources: Token Purchase Agreement (INX LTD), Token Purchase Agreement (INX LTD), Token Purchase Agreement (INX LTD)
Board Determination. Adjusted Operating Cash Flow shall be determined by the Board of Directors in good faith based upon the audited annual financial statements of the Company for the preceding fiscal year, as have been approved by the Company’s board of directors.
Appears in 1 contract
Sources: Token Purchase Agreement (INX LTD)