2011 Financial Statements

Example Definitions of "2011 Financial Statements"
2011 Financial Statements. The Purchase Price shall be increased by the amount by which the retained profits (accumulated earnings less declared dividends) (Bilanzgewinn) of the Company for the fiscal year ended September 30, 2011 as determined by the Company's audited financial statements (Jahresabschluss) (the "2011 Financial Statements") prepared by accountants of Purchaser's choice, applying German GAAP (the "Retained Profits") exceed the amount of EUR 2,000,000.00 (in words: Euro two million).
2011 Financial Statements. The audited consolidated financial statements for the Earn-Out Period for the Company and its subsidiaries prepared in accordance with GAAP as consistently applied by the Company
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