Depreciation. The fixed assets of each Group Member covered in the Existing Financial Statements have been or shall be, as applicable, depreciated in accordance with US GAAP. The value of each Asset has been properly reflected in the Existing Financial Statements in all material respects.
Appears in 5 contracts
Sources: Waiver and Consent, Waiver and Consent (KKR & Co. L.P.), Convertible Note Purchase Agreement (China Cord Blood Corp)
Depreciation. The fixed assets of each Group Member Covered Entity covered in the Existing Financial Statements have been or shall be, as applicable, depreciated in accordance with US GAAP. The value of each Asset has been properly reflected in the Existing Financial Statements in all material respects.
Appears in 4 contracts
Sources: Note Subscription Agreement, Note Subscription Agreement (Cheng Zheng), Note Subscription Agreement (Cheng Zheng)
Depreciation. The fixed assets of each Group Member covered in the Existing Financial Statements have been or shall will be, as applicable, depreciated in accordance with US GAAP, PRC GAAP or IFRS, as applicable. The value of each Asset has been properly reflected in the Existing Financial Statements in all material respectsStatements.
Appears in 1 contract
Sources: Securities Purchase Agreement (China XD Plastics Co LTD)