Adjudication of the Net Profit Sample Clauses

Adjudication of the Net Profit. (i) The Net Profit, Accumulated Net Profit, Accumulated Guaranteed Net Profit, ending each Profit Guaranteed Year, Profit Shortfall Payback and Compensation Payback shall be agreed by both the First Seller and the Purchaser and the Purchaser shall issue a notice in writing to the Sellers and the Guarantors in relation to the amount of Net Profit on the basis of the consolidated audited accounts of (aa) the Group and (bb) the Managed Entity(ies), each of them produced by the Appointed Accountants within 30 days after such consolidated audited accounts of (aa) the Group and (bb) the Managed Entity(ies) for the year ending that Year is issued by the Appointed Accountants and in any event no later than four (4) months after that relevant Year. In the absence of fraud and manifest error, such determination shall be final and binding on the Sellers, the Purchaser, ECH and the Guarantors.
Sample 1
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Related to Adjudication of the Net Profit

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