2012 Audited Financial Statements definition

2012 Audited Financial Statements shall have the meaning set forth in Section 8.01(d).

2012 Audited Financial Statements means the annual consolidated financial statements of the Company for the 2012 fiscal year, audited by a “Big 4” accounting firm chosen by the Company.

2012 Audited Financial Statements means the audited statements of financial position, operations, comprehensive income, cash flows and changes in parent company equity of the Business as of and for the fiscal year ended December 31, 2012. 61

Examples of 2012 Audited Financial Statements in a sentence

• For details regarding remuneration of the Board of Directors see Note 37d of our 2012 Audited Financial Statements.

• These can be viewed in Note 37 of the Bank’s 2012 Audited Financial Statements.

• As promptly as reasonably practicable after the date of this Agreement (and in any event at least two (2) Business Days prior to the Closing Date), the Company shall deliver to Parent the 2012 Audited Financial Statements.

• The 2012 Audited Financial Statements and the 2013 Audited Financial Statements have been prepared in accordance with GAAP applied on a consistent basis for all the periods reflected therein.

• The 2012 Audited Financial Statements and the 2013 Audited Financial Statements present fairly in all material respects the financial position and results of operations of the Business as of the respective dates thereof and for the periods referred to therein, except that certain reasonable, good faith judgments and assumptions have been made regarding financial statement allocations of corporate expenses and the basis of presentation.

• The 2011 Audited Financial Statements and the 2012 Audited Financial Statements have been prepared in accordance with GAAP applied on a consistent basis for all the periods reflected therein.

• If the Compensation Committee determines that the amount of the Bonus calculated pursuant to the formula in Exhibit A after completion of the 2012 Audited Financial Statements is higher than the amount determined pursuant to Exhibit B, The Company will pay such Shortfall Bonus Amount to the Officer in 2013 within five (5) business days of the date of the Compensation Committee’s determination.

• Seller shall prepare a statement (the “Initial 2012 Audit Adjustment Statement”) setting forth (x) the 2012 Audited Income which shall be prepared in the same manner (including by using the same methodologies, principles, policies and procedures) as the 2012 Unaudited Income was prepared in Section 7.06 of the Seller Disclosure Letter, and (y) the Audit Adjustment Amount, and deliver such Initial 2012 Audit Adjustment Statement along with the 2012 Audited Financial Statements to Purchaser.

• The 2012 Audited Financial Statements will be prepared in accordance with GAAP.

• The 2012 Audited Financial Statements shall be prepared in accordance with GAAP applied on a consistent basis throughout the periods indicated.

More Definitions of 2012 Audited Financial Statements

2012 Audited Financial Statements has the meaning specified in Section 2.6(a).

2012 Audited Financial Statements has the meaning set forth in Section 6.19(a).