Draft Earn-Out Accounts definition

Draft Earn-Out Accounts means, in respect of the Earn-Out Group, the unaudited balance sheet as at, and the unaudited profit and loss account for the 12 month period ended on, the last day of the Earn-Out Period, to be prepared in accordance with Part B of this Schedule 5 and on the basis of, and in accordance with, the Earn-Out Accounting Policies;
Draft Earn-Out Accounts means, in respect of each Earn-Out Period, the draft of the Earn-Out Accounts to be prepared by the Purchaser in accordance with paragraph 1 of Part B of this Schedule 5 (Deferred Consideration) (as approved by the board of directors);
Draft Earn-Out Accounts has the meaning given in Paragraph 3.1;

More Definitions of Draft Earn-Out Accounts

Draft Earn-Out Accounts means, in respect of each Earn-Out Period, the draft of the Earn-Out Accounts to be prepared by the Purchaser in accordance with paragraph 1 of Part B of this Schedule 5 ( Deferred Consideration ) (as approved by the board of directors);