Fourth Installment. Within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Base, the Acquirer shall make a deposit of ****** of the Acquisition Consideration (RMB ******).
Appears in 3 contracts
Samples: Acquisition Framework Agreement (MK Arizona Corp.), Acquisition Framework Agreement (Middle Kingdom Alliance Corp.), Acquisition Framework Agreement (MK Arizona Corp.)
Fourth Installment. Within If the Annualized Net Profits of Newco reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year, then within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues delivers its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Basereport, the Acquirer shall make a deposit of ****** of the Acquisition Consideration (RMB ******).
Appears in 3 contracts
Samples: Acquisition Framework Agreement (MK Arizona Corp.), Acquisition Framework Agreement (Middle Kingdom Alliance Corp.), Acquisition Framework Agreement (MK Arizona Corp.)
Fourth Installment. Within If the Annualized Net Profits of Newco reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year, then within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues delivers its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Basereport, the Acquirer shall make a deposit in the amount of ****** of the Acquisition Consideration (RMB ******). The audit report shall be delivered no later than 75 days after the expiration of the most recent audit period (December 31 or March 31) for the First Audited Year.
Appears in 2 contracts
Samples: Acquisition Framework Agreement (MK Arizona Corp.), Acquisition Framework Agreement (Middle Kingdom Alliance Corp.)
Fourth Installment. Within If the Annualized Net Profits of Newco reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year, then within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues delivers its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Basereport, the Acquirer shall make a deposit of ****** 17.5% of the Acquisition Consideration (RMB ******55,335,000).
Appears in 1 contract
Samples: Acquisition Framework Agreement (Pypo China Holdings LTD)
Fourth Installment. Within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Base, the Acquirer shall make a deposit of ****** 22.5% of the Acquisition Consideration (RMB ******71,145,000).
Appears in 1 contract
Samples: Acquisition Framework Agreement (Pypo China Holdings LTD)
Fourth Installment. Within If the Annualized Net Profits of Newco reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year, then within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues delivers its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Basereport, the Acquirer shall make a deposit in the amount of ****** 10% of the Acquisition Consideration (RMB ******31,620,000). The audit report shall be delivered no later than 75 days after the expiration of the most recent audit period (December 31 or March 31) for the First Audited Year.
Appears in 1 contract
Samples: Acquisition Framework Agreement (Pypo China Holdings LTD)
