Condition 4 definition

Condition 4 means the Company achieving not less than 2 million US Dollar in after-tax profits, as determined under US GAAP, for the fiscal year ending December 31, 2011.
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Condition 4 means the Company filing with the SEC its annual report on Form 10-K for the fiscal year ended May 31, 2011.
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Condition 4 means the total gross revenue of Telstar and its subsidiaries for the six-month period ended June 30, 2012 is not less than $5,000,000, as determined under US GAAP.
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Examples of Condition 4 in a sentence

  • An amount equivalent to the Exercise Expenses will be deducted by the Issuer from the Cash Settlement Amount in accordance with Condition 4.

  • Every Warrant entitles each Warrantholder, upon due exercise and on compliance with Condition 4, to payment by the Issuer of the Cash Settlement Amount (as defined below) (if any) in the manner set out in Condition 4.

  • Notwithstanding the foregoing, the Warrantholders shall account to the Issuer on demand for any Exercise Expenses to the extent that they were not or could not be deducted from the Cash Settlement Amount prior to the date of payment of the Cash Settlement Amount to the Warrantholders in accordance with Condition 4.

  • Every Warrant entitles each Warrantholder, upon due exercise and on compliance with Condition 4, to payment by the Issuer of the Cash Settlement Amount (if any) in the manner set out in Condition 4.

  • The Issuer may, without the consent of the Holders, on giving notice to the Holders in accordance with General Condition 4 make such adjustments to the Conditions as the Issuer may determine to be appropriate to account for the effect of the third stage of European Economic and Monetary Union pursuant to the Treaty on the Conditions.


More Definitions of Condition 4

Condition 4 means in respect of a Component, CNYmat fixes at or below the relevant Barrier, subject to the Target Redemption Feature and Conditions.
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Condition 4 means Armco and its Subsidiaries achieving not less than $40,000,000 in Gross Revenues, as determined under US GAAP for the nine month period year ending September 30, 2008.
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Condition 4 means Henan Tonghai achieving not less than $7,232,500 in pre tax profits, as determined under US GAAP for the fiscal year ending December 31, 2008.
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Condition 4 means Tianren achieving not less than $4,000,000 in pre tax profits, as determined under US GAAP for the fiscal year ending December 31, 2008.
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Condition 4 means TechTeam achieving not less than $4,000,000 in pre tax profits, as determined under US GAAP for the six months ended December 31, 2008.
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Condition 4. Condition 5" means whichever of the Conditions is so numbered in that schedule;
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Condition 4 means the WFOE achieving not less than 2 million US Dollar in consolidated after-tax profits, as determined under US GAAP, for the fiscal year ending September 30, 2012.
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