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 June 30, 2010;

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;

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, the Business has been carried on in the ordinary course consistent with past practice.

• 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, 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 set forth in Section 4.6 of the Disclosure Schedule, since the Borrower 2001 Audited Financial Statements Date, there has been no material and adverse change in the financial condition, business, properties or operations of Borrower or Subsidiary Bank.

• The Corporation is not committed to make any capital expenditures, nor have any capital expenditures been authorized by the Corporation at any time since the Audited Financial Statements Date, except for capital expenditures made in the ordinary course of the Business which, in the aggregate, do not exceed $25,000.

• 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.

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

• 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 SMC 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.