Auditor Report definition

Auditor Report has the meaning assigned to such term in Section 7.2(f).

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Auditor Report means a confirmation from the Issuer’s external auditor that the Eligible Costs, based on a sample of accounts of the Issuer (such sample to include the material expenditures of the Issuer), are in accordance with the Issuer’s accounting records and that the classification of costs is consistent with the classification in the Issuer’s audited financial statements and tax return for the preceding year, and with the methodology and allocation principles applied in the financial statements and tax return for the preceding year. The confirmation shall be performed in accordance with the Norwegian Auditing Standard SBT 4400 and be in form and substance acceptable to the Bond Trustee.

Auditor Report means the auditor report issued by Flynth Audit B.V. on October 27, 2020 in respect of the Merger;

Examples of Auditor Report in a sentence

The Auditor shall deliver the Auditor Report to Buyer and Seller within thirty (30) business days of the Closing Date (the "Audit Report Date").
Seller and Buyer understand and agree that, in resolving any dispute with respect to the Auditor Report, the Accounting Arbitrator shall apply GAAP and the standards set forth on Exhibit C.
Auditor shall prepare all individual, combining and entity wide Financial Statements, and issue the independent Auditor Report.
The sum of the Estimated Accounts Receivable Value and the Estimated Inventory Values shall be the "Estimated Value." If the Estimated Value exceeds $80,300,000, there will be no adjustment of the purchase price until the Auditor Report is available in accordance with Section 1.05.
For purposes of this Agreement and the Auditor Report, the aggregate Deposit/Prepayment Value shall not exceed $500,000.
The Auditor Report shall be prepared in accordance with the principles set forth on Exhibit C, and shall set forth the value of Accounts Receivable as of the Closing Date (the "Accounts Receivable Value") and the value of the Inventory as of the Closing Date (the "Inventory Value"), in each case in accordance with GAAP applied in accordance with Exhibit C.
Buyer and Seller shall share equally the cost of the Auditor Report.
Upon receipt of a Notice of Dispute, Buyer shall promptly consult with Seller with respect to such alternate calculation and points of disagreement in an effort to resolve such dispute (in connection with such effort to resolve disputes, and in connection with the Auditor's preparation of the Auditor Report, Buyer shall grant to Seller, its agents and the Auditors reasonable access to the books and records of Buyer pertaining to the Inventory and Accounts Receivable).
DURCHFÜHRUNG DES ZUSAMMENSCHLUSSES / IMPLEMENTATION OF COMBINATION A-6 2.1. Fusion / Merger A-6 2.2. Fusionsbilanz / Merger Balance Sheet A-7 2.3. Fusionsstichtag / Effective Date of Merger A-7 2.4. Fusionsbericht / Merger Report A-7 2.5. Prüfungsbericht / Auditor Report A-7 2.6. Besondere Vorteile / Special Advantages A-8 2.9. Keine Kapitalerhöhung / No Capital Increase A-9 2.10.
Each Party agrees to provide its Annual Auditor Report to the other Party following receipt of the same by its auditors.

More Definitions of Auditor Report

Auditor Report a report reviewed by the Borrower’s auditor of record (for purposes of clarity, such report shall not be audited and shall be in connection with the auditor’s review of the Borrower’s annual or quarterly financial statements required to be delivered pursuant to subsection 6.1) delivered to the Administrative Agent on or prior to the date that is 30 days after the end of the any fiscal quarter in which the Borrower and its Subsidiaries have received aggregate Net Sales of the Product of $[***] or greater.

Auditor Report shall have the meaning assigned to it in Section 6.19.