Audited Year definition

Audited Year initially means the 14-month period following the Closing Date (the “First Audited Year”), and subsequently means the 12-month period beginning on the 15th month after the Closing Date, and ending on the 26th month after the Closing Date (the “Second Audited Year”).
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Audited Year shall have the meaning given such term in Section 13.20.
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Audited Year shall have the meaning set forth in Section 19 herein.
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Examples of Audited Year in a sentence

  • The audit report shall be delivered no later than 75 days after the expiration of the most recent audit period (December 31 or March 31) for the Second Audited Year.

  • The audit report shall be delivered no later than 75 days after the expiration of the most recent audit period (December 31 or March 31) for the First Audited Year.

  • If the Net Profits of Jiangsu Guanzhilin reach the Operating Profit Index as defined herein and in the Operation and Management Agreement according to the audit report for the Second Audited Year, then within 10 days after the auditor completes its audit of Jiangsu Guanzhilin for the Second Audited Year (the calendar year 2010) and delivers its audit report, the Acquirer shall make a deposit in the amount of ****** of the Acquisition Consideration (RMB ******).

  • If the Annualized Net Profits of Newco reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year, then within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and delivers its audit report, the Acquirer shall make a deposit of ****** of the Acquisition Consideration (RMB ******).

  • The Seller acknowledges that it has been advised that if the purchaser is a Registered Company, the assignee is required to make certain filings with the Securities and Exchange Commission (the "SEC Filings") that related to the most recent pre-acquisition fiscal year (the "Audited Year") for the Property.

  • Within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Base, the Acquirer shall make a deposit of ****** of the Acquisition Consideration (RMB ******).

  • If the Net Profits of Newco reach the Operating Profit Index as defined herein and in the Operation and Management Agreement according to the audit report for the Second Audited Year, then within 10 days after the designated auditor completes its audit of Newco for the Second Audited Year and delivers its audit report, the Acquirer shall make a deposit in the amount of ****** of the Acquisition Consideration (RMB ******).

  • If the Annualized Net Profits of Newco reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year, then within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and delivers its audit report, the Acquirer shall make a deposit in the amount of ****** of the Acquisition Consideration (RMB ******).

  • Within 10 days after the designated auditor completes its audit of Newco for the Second Audited Year and issues its audit report determining that the Net Profits of Newco for such period reaches the Operating Profit Index as defined herein and in the Operation and Management Agreement, the Acquirer shall make a deposit of ****** of the Acquisition Consideration (RMB ******).

  • If the Annualized Net Profits of Jiangsu Guanzhilin reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year (from November 1, 2008 to December 31, 2009), then within 10 days after the auditor completes its audit of Jiangsu Guanzhilin for the First Audited Year and delivers its audit report, the Acquirer shall make a deposit in the amount of ****** of the Acquisition Consideration (RMB ******).


More Definitions of Audited Year

Audited Year shall have the meaning set forth in Section 7.4.
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Related to Audited Year

  • Reviewed Year has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Stub Period has the meaning set forth in Section 11.03.

  • Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2018, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower’s independent public accountants.

  • Stub means the detachable part of each ballot.

  • Quarterly Financial Statements is defined in Section 6.2(a).