HGB Financial Statements definition
HGB Financial Statements means financial statements in accordance with German GAAP as set out in Clause 1.3 of 105Schedule 10Terminated Profit Pooling Agreements; Profit Receiving Companies means the following entities: CEMO Fleisch GmbH and VION Food Hamburg GmbH, and Profit Receiving Company means one of those; Profit Transferring Companies means the following entities: BestHides GmbH, VION Ingredients Germany GmbH and ▇▇▇▇▇ Holding GmbH, and a Profit Transferring Company means one of those; Purchaser’s Relief means any Relief arising to any Group Company to the extent that it arises in respect of an Event, income, profit or gain occurring (or deemed to occur for the relevant Tax purpose), or period commencing, on or after the Effective Date;
HGB Financial Statements has the meaning specified in Section 6.16(c)(i).
Examples of HGB Financial Statements in a sentence
In case any comments or objections by the other Party are not accepted in such final HGB Financial Statements, the assessment of any such comments or objections shall be finally decided upon in accordance with Paragraph 4.3 of Schedule 4 (Leakage).
For the avoidance of doubt, for purposes of the Final Closing Statement, the HGB Financial Statements shall only be decisive for the determination of any Profit Transfer Amount or any Loss Compensation Amount (if any and as applicable); all other items to be reflected in the Final Closing Statement will be determined based on the Transaction Accounting Principles pursuant to Section 3.05.