PCAOB Audit definition

PCAOB Audit means the audit of the Company’s financial statements as of and for the year ended December 31, 2022 and (to the extent applicable) the year-ended December 31, 2021, conducted by an independent public accounting firm registered with the PCAOB that is reasonably acceptable to the Purchaser and the Company.”
PCAOB Audit in the Agreement is hereby deleted in its entirety and replaced with the following:
PCAOB Audit is hereby added to the Agreement:

Examples of PCAOB Audit in a sentence

  • Notwithstanding the immediately preceding sentence and in accordance with Section 6.15, the Purchaser shall be solely responsible for the cost of the PCAOB Audit.

  • The Company shall use commercially reasonable efforts to cause the PCAOB Audit to be completed by not later than September 30, 2022.

  • Notwithstanding the terms contained herein, the Surviving Corporation shall pay up to $150,000 in PCAOB Audit expenses associated with the Company’s PCAOB Audit, incurred by the Company at, or prior to, Closing (the “Audit Expense Cap”).

  • The PCAOB Audit will be provided to buyer as soon as it is completed and available for distribution.

  • Notwithstanding anything contained herein to the contrary, in the event that the total asset value as set forth on the PCAOB Audit is less than the total asset value as set forth on the Annual Statements and such difference is five percent (5%) or greater than the total asset value as set forth in the Annual Statements, the Consideration shall be reduced by such amount on a dollar for dollar basis (“Asset Consideration Adjustment”).

  • All Expenses incurred in connection with this Agreement, the Ancillary Documents and the Contribution and Exchange shall be paid by the Party incurring such Expenses, provided, however, that the Purchaser shall pay, as and when due, for the cost of the Third-Party Valuation Validation and the PCAOB Audit).

  • Section 4.1. Operation of the Business by the Company, Parent and Merger Sub 40 Section 4.2. Confidentiality; Access to Premises and Information 45 Section 4.3. Exclusivity 46 Section 4.4. Certain Financial Information 47 Section 4.5. PCAOB Audit of the Company’s Financial Statements 47 Section 4.6. Commercially Reasonable Efforts 47 Section 4.7. HSR Act 48 Section 4.8. PIPE Financing and Alternative PIPE Financing 48 Section 4.9. Parent Governing Documents 49 Section 4.10.

  • The Company shall use commercially reasonable efforts to provide, on a timely basis, the accounting firm retained to conduct the PCAOB Audit with all information reasonably available to the Company and requested by such firm such that the PCAOB Audit.

  • During the Extended Inspection Period, Buyer may terminate this Agreement and receive a full refund of the ▇▇▇▇▇▇▇ Money only if Buyer is dissatisfied with the PCAOB Audit.

  • The Company shall use its reasonable best efforts to provide, on a timely basis, the accounting firm retained to conduct the PCAOB Audit with all information reasonably available to the Company and requested by such firm and to cause the PCAOB Audit to be completed by not later than February 28, 2023.


More Definitions of PCAOB Audit

PCAOB Audit means a generally accepted accounting principles (“GAAP”) audit by a PCAOB audit firm covering the Purchased Assets and the assets acquired pursuant to the April Purchase Agreement.