Common use of Appraisal Base Day Clause in Contracts

Appraisal Base Day. The asset appraisal base day of this project is Sept. 30, 2007. In favor of guaranteeing appraisal result and effectively in the service of appraisal objectives, the appraisal base day has little effect on the appraisal result and is capable of correctly reflecting the up-to-date status of related assets. The day is decided by the entrustee after the joint negotiation and approaches the realization day of relevant economic activities as possible. The pricing standard adopted in this appraisal is the effective pricing standard on the appraisal base day.

Appears in 2 contracts

Samples: Equity Interest Transfer Contract (China Hydroelectric Corp), Equity Interest Transfer Contract (China Hydroelectric Corp)

AutoNDA by SimpleDocs

Appraisal Base Day. The asset appraisal base day of this project is Sept. September 30, 2007. In favor of guaranteeing appraisal result and effectively in the service of appraisal objectives, the appraisal base day has little effect on the appraisal result and is capable of correctly reflecting the up-to-date status of related assets. The day is decided by the entrustee after the joint negotiation and approaches the realization day of relevant economic activities as possible. The pricing standard adopted in this appraisal is the effective pricing standard on the appraisal base day.

Appears in 2 contracts

Samples: Equity Interest Transfer Contract (China Hydroelectric Corp), Equity Interest Transfer Contract (China Hydroelectric Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!