Condition 3 definition

Condition 3 means the Company achieving not less than 1 million US Dollar in after-tax profits, as determined under US GAAP, for the fiscal year ending December 31, 2010.

Condition 3 means the Company and its subsidiaries achieving not less than 80% of US$10 million in after-tax net income as determined under US GAAP, for the six months period from January 1, 2011 ended June 30, 2011.

Condition 3 means the Companies and their subsidiaries achieving not less than after tax net income of US$ 3 million as determined under US GAAP for the fiscal year ended December 31, 2011.

Examples of Condition 3 in a sentence

• Where a notice is being delivered in accordance with Condition 3 (Early Redemption if there is an Early Preference Share Redemption Event), such notice shall specify the relevant Early Preference Share Valuation Date.

• If the Company determines that the Preference Shares shall be redeemed early, then the Company shall redeem all but not some only of the Preference Shares in accordance with Condition 3 (Early Redemption if there is an Early Preference Share Redemption Event).

• Condition 3 is included to ensure that the Ministry records are kept accurate and current with respect to the approved works and to ensure that subsequent owners of the Works are made aware of the Certificate and continue to operate the Works in compliance with it.

• Condition 3 is included to ensure that the Ministry records are kept accurate and current with respect to approved works and to ensure that subsequent owners of the works are made aware of the certificate and continue to operate the works in compliance with it.

• No specified emission to the atmosphere shall exceed the emission limit value set out in Schedule 1(i) Emissions to Atmosphere, subject to Condition 3 of this licence.

More Definitions of Condition 3

Condition 3 means the Company filing with the SEC its annual report on Form 10-K for the fiscal year ended May 31, 2010.

Condition 3 means in respect of a Component, CNYmat fixes above the relevant EKI, subject to the Target Redemption Feature and Conditions.

Condition 3 means the total gross revenue of Telstar and its subsidiaries for the fiscal year ended December 31, 2011 is not less than $7,000,000, as determined under US GAAP.

Condition 3 means FUYI achieving not less than $3,000,000 in after-tax profits, as determined under US GAAP for any consecutive 12 months during the period from April 1, 2012 through March 31, 2014.

Condition 3 means Armco and its Subsidiaries achieving not less than $4,000,000 in pre-tax profits, as determined under United States Generally Accepted Accounting Principles consistently applied (“US GAAP”) for the nine month period year ending September 30, 2008.

Condition 3 means the Company and its subsidiaries achieving not less than after tax net income of US$ 0.1 million as determined under US GAAP, for the period from January 1, 2011 to March 31, 2011.

Condition 3 means Henan Tonghai and its subsidiaries achieving not less than $3,000,000 in after-tax net income, as determined under United States Generally Accepted Accounting Principles consistently applied (“US GAAP”) for the six months ended June 30, 2008.