Audited Financial Statements Date definition

Audited Financial Statements Date shall have the meaning assigned to it in Section 3.6.

Audited Financial Statements Date means January 31, 2010;

Audited Financial Statements Date means June 30, 2010;

Examples of Audited Financial Statements Date in a sentence

• Since the Audited Financial Statements Date, the Company has not experienced or suffered any Material Adverse Effect.

• Since the Audited Financial Statements Date, none of the Company or any of its subsidiaries has participated in any transaction material to the condition of the Company which is outside of the ordinary course of its business.

• Since the Audited Financial Statements Date, the Business has been carried on in the ordinary course consistent with past practice.

• Since the Audited Financial Statements Date, neither the Company nor any of its subsidiaries has incurred any liabilities, obligations, claims or losses (whether liquidated or unliquidated, secured or unsecured, absolute, accrued, contingent or otherwise) other than those incurred in the ordinary course of the Company’s or its subsidiaries respective businesses or which, individually or in the aggregate, are not reasonably likely to have a Material Adverse Effect.

• Except as expressly contemplated by this Agreement or as disclosed in Section 2.7 of the Disclosure Schedule, since the Audited Financial Statements Date and through the date of this Agreement, the Company and XXX Group Companies have conducted its business (including, without limitation, its cash management customs and practices (e.g., collection of receivables, payment of payables, and maintenance of credit practices)) only in the Ordinary Course of Business.

• Since the Audited Financial Statements Date, the Company has not experienced or suffered any Material Adverse Effect or any event that is reasonably likely, through the passage of time or otherwise, to result in a Material Adverse Effect.

• The Completion Accounts will comprise a consolidated balance sheet as at the Completion Accounts Date, and a consolidated profit and loss account for the period from the 2003 Audited Financial Statements Date until the Completion Accounts Date.

• Since the Borrower 2006 Audited Financial Statements Date, there have been no material changes in the assets, liabilities, or condition, financial or otherwise, of Borrower and the Subsidiaries taken as a whole, other than changes arising from transactions in the ordinary course of business.

• Except as set forth in Section 4.6 of the Disclosure Schedule, since the Borrower 2001 Audited Financial Statements Date, there have been no material changes in the assets, liabilities, or condition, financial or otherwise, of either Borrower or Subsidiary Bank other than changes arising from transactions in the ordinary course of business, and none of such changes has been materially adverse, whether in the ordinary course of business or otherwise.

• Since the Most Recent Audited Financial Statements Date, except for the marketing of the Company and/or the Business for sale and the Transactions, the Company has carried on its business in the ordinary course, consistent with past practice, and there has been no Company Material Adverse Effect.

More Definitions of Audited Financial Statements Date

Audited Financial Statements Date means December 31, 2003; LONGSTOP DATE means October 1, 2005, or such later date as the Parties may mutually agree; MATERIAL ADVERSE CHANGE means any event, circumstance, effect, occurrence or state of affairs or any combination thereof existing or occurring between the date of this Agreement and the Completion Date, or a breach or failure of any representations and warranties herein, which is, or is reasonably likely to be, materially adverse to the business, operations, assets, liabilities (including, without limitation, contingent liabilities), Assets or the business or financial condition, results or prospects of the Company; for the avoidance of doubt, (i) any change in interest rates, or other general economic conditions except for the exchange rate between RMB and US$, (ii) any change in the overall circumstances affecting auto components manufacturers in general, (iii) any change in law or accounting practices, or (iv) any adjustment made by the JV with regard to its product prices and business policies made in the ordinary course of business due to the foregoing, all of which have occurred after the date of signing of this Agreement, shall not individually be deemed as a Material Adverse Change; M&A PROVISIONAL RULES means the Provisional Rules on Mergers with and Acquisition of Domestic Enterprises by Foreign Investors promulgated by the Ministry of Foreign Trade and Economic Cooperation (the predecessor of MOFCOM), State Administration of Taxation, State Administration for Industry and Commerce and State Administration of Foreign Exchange on March 7, 2003 and went into force on April 12, 2003;