Closing Audit Report definition

Closing Audit Report the closing audit report prepared by an auditing agency appointed by the Purchaser to audit the financial status of the Target Company in the period from the Reference Date to the Closing Date in accordance with the Second Phase Share Purchase Agreement “Closing Date” the date of issuance as stated on the new business certificate of the Target Company upon the completion of the Registration Procedures “connected persons” has the same meaning ascribed to it under the Listing Rules “Consideration” the consideration for the Second Phase Disposal
Sample 1
Closing Audit Report means an audit report of the Auditors prepared in accordance with Section 2.4, in which the Auditors certify the Actual Working Capital and Actual Net Program Inventory in accordance with this Agreement, which certificate shall based on the Auditors' audit of the consolidated balance sheet of the Company as of the Closing Date, and include as an attachment the consolidated balance sheet of the Company (including related footnotes and disclosures) from which such Actual Working Capital and Actual Net Program Inventory have been determined;
Sample 1
Closing Audit Report means a report of the Auditors prepared in accordance with Clause 3.3 in which the Auditors certify without qualifications the Combined Balance Sheet of CET 21, CP 2000 and MAG MEDIA as of the Closing Commencement Date (which report shall include as attachments the audited balance sheets of CET 21, CP 2000 and MAG MEDIA);
Sample 1

Examples of Closing Audit Report in a sentence

  • Dividend resolutions of the Target Company shall be declared prior to the Closing Date (including the very date), and the amount of dividends shall be determined on the basis of the amount of distributable profits attributable to the target equity generated during the Transitional Period as specified in the Closing Audit Report.

  • Dividend resolutions of the Target Companies shall be declared prior to the Closing Date (including the very date), and the amount of dividends shall be determined on the basis of the amount of distributable profits attributable to the target equity generated during the Transitional Period as specified in the Closing Audit Report.

  • The JVC will prepare accounts based on the Closing Audit Report, compare them with the financial statements attached hereto as Appendix (A), calculate the differences between the value on the appraisal date and that on the Closing Date, and reconcile the accounts accordingly.

  • The Business Auditors shall deliver the Closing Audit Report to each of ABB and Purchaser no later than ninety (90) days after the Closing.

  • The actual loss as a result of the Second Phase Disposals to be recorded by the Group is subject to audit and will be reassessed based on the net asset value of the Target Companies as at the Closing Date in accordance with the Closing Audit Report.

  • The actual amount of profits and losses during the transition period paid shall be subject to the Closing Audit Report, and shall be paid no later than 10 business days from the issuance of the Closing Audit Report.

  • Everyone has a great time.A MOTION to adopt this Resolution as presented was made by Trustee Funchion, seconded by Trustee Jackson with all in favor.

  • Annex 1 hereto Is hereby confirmed by both parties as the final and binding resolution to the dispute between them over Purchaser's Objection Notice to the Closing Audit Report.

  • The Closing Audit Report shall be binding and conclusive upon Purchaser and Sellers absent manifest error (i.e. an error of calculation).

  • The cost of the preparation of the Closing Audit Report shall be borne equally between Sellers, on the one hand, and Purchaser, on the other hand.


More Definitions of Closing Audit Report

Closing Audit Report means an audit report of the Business Auditors in accordance with Section 2.5(a), in which the Business Auditors certify the Actual Equity and the Actual Working Capital in accordance with this Agreement, which certificate shall (i) be substantially in the form of SCHEDULE 1.1(4)(b) hereto, (ii) be based on the Business Auditors' audit of the combined balance sheet of the Business as of the Closing Date, and (iii) include as an attachment the combined balance sheet of the Business (including related footnotes and disclosures) from which such Actual Equity and Actual Working Capital have been determined.
Sample 1

Related to Closing Audit Report

  • Audit Report means a report summarising the testing completed and the actions arising following an Audit;

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • Conversion Valuation Appraisal Report Page: 1 - 3 ================================================================================

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Standard Time.

  • Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;

  • Reconciliation Report refers to the Reconciliation Report as referenced in s. 1 of Reg 200/21 under Connecting Care Act, 2019.

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 7, 2019 and effective December 31, 2018.

  • Evaluation Report means that document which becomes a part of the employee’s personnel file.

  • CMSA Historical Liquidation Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Historical Liquidation Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Credit report means any written, oral, or other communication of

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Verified Report means the report submitted by the Purchaser to the Head of the Purchaser setting forth its findings as to the existence of grounds or causes for termination and explicitly stating its recommendation for the issuance of a Notice to Terminate.

  • Acoustic Assessment Report means the report, prepared in accordance with Publication NPC-233 and Appendix A of the Basic Comprehensive User Guide,by HGC Engineering and dated August 22, 2008 submitted in support of the application, that documents all sources of noise emissions and Noise Control Measures present at the Facility and includes all up-dated Acoustic Assessment Reports as required by the Documentation Requirements conditions of this Certificate to demonstrate continued compliance with the Performance Limits following the implementation of any Modification.

  • Accountants’ Report means the report of a firm of nationally recognized Independent Accountants described in Section 4.11.

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Certification Practice Statement means a statement issued by a Certifying Authority to specify the practices that the Certifying Authority employs in issuing Digital Signature Certificates;

  • Appraisal report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.