Examples of Audited Completion Accounts in a sentence
Within sixty (60) calendar days after the Completion Date, the Seller shall provide the Buyer and APG with the Audited Completion Accounts and all supporting schedules and relevant documents used for the preparation of the Audited Completion Accounts.
Upon the Audited Completion Accounts being made up, the Valuer should re-assess the market value of the Target Company as at the Completion Date (‘‘Market Value at Completion’’) and issue the Second Valuation Report addressing to the Vendor and the Purchaser.
The initial consideration for the Target HK Sale Shares for each Target HK Company would be adjusted upwards or downwards on a dollar for dollar basis by reference to the increase or (as the case may be) decrease of the net asset value (when disputed, the audited net asset value as stated in the Audited Completion Accounts) of that Target HK Company as at the Completion Date, when compared to their audited net asset value as of 30 June 2013, subject to a cap.
The initial consideration for the Sinotrans Sunnyexpress Loan is to be adjusted based on the actual amount stated in the Completion Accounts (when disputed, the amount as stated in the Audited Completion Accounts), subject to a cap.
The Warrantors shall cooperate with and provide (or otherwise procure) all information and documents reasonably requested by the said officer and/or Purchaser's Accountants in connection with the preparation of the Audited Completion Accounts.
For the avoidance of doubt, if relevant audit adjustment(s) have already been made to the Net Asset Values in the Audited Completion Accounts, no further deductions should be made to Initial Consideration.
The final Consideration shall be ascertained and adjusted based on the Audited Completion Accounts at Completion, which is based on the Market Value at Completion that: (a) if the Agreed Assets Value of Company as at Completion is less than or equal to HK$6,249,354, no adjustment shall be made to the Consideration; and (b) if the Agreed Assets Value of Company as at Completion is more than HK$6,249,354, the Consideration shall be upwardly adjusted by the excess in the Agreed Assets Value.
We also noted that the initial consideration for the Sale Shareholders Loans is to be adjusted to the actual amount stated in the Completion Accounts (when disputed, the amount as stated in the Audited Completion Accounts), subject to (where relevant) a cap.
The Vendor shall render all reasonable assistance to the Purchaser and the Company for the preparation of the Audited Completion Accounts.
The initial consideration for the Target HK Sale Shares for each Target HK Company would be adjusted upwards or downwards on a dollar for dollar basis by reference to the increase or (as the case maybe) decrease of the net asset value (when disputed, the audited net asset value as stated in the Audited Completion Accounts) of that Target HK Company as at the Completion Date, when compared to their audited net asset value as of 30 June 2013, subject to a cap.