Common use of Appointment of Auditor Clause in Contracts

Appointment of Auditor. 64.1 Subject to the Companies Act and provided that the Members have not waived the requirement to hold an annual general meeting or appoint an Auditor, at the annual general meeting or at a subsequent special general meeting in each year, an independent representative of the Members shall be appointed by them as Auditor of the accounts of the Company. 64.2 The Auditor may be a Member but no Director, Officer or employee of the Company shall, during his continuance in office, be eligible to act as an Auditor of the Company.

Appears in 4 contracts

Samples: Share Transfer and Exchange Agreement (IBEX Holdings LTD), Share Transfer and Exchange Agreement (IBEX Holdings LTD), Share Transfer and Exchange Agreement (IBEX Holdings LTD)

AutoNDA by SimpleDocs

Appointment of Auditor. 64.1 76.1 Subject to the Companies Act and provided that the Members have not waived the requirement to hold an annual general meeting or appoint an AuditorAct, at the annual general meeting or at a subsequent special general meeting in each year, an independent representative of the Members shall be appointed by them as Auditor of the accounts of the Company. 64.2 76.2 The Auditor may be a Member but no Director, Officer or employee of the Company shall, during his continuance in office, be eligible to act as an Auditor of the Company.

Appears in 2 contracts

Samples: Combination Agreement (Maiden Holdings, Ltd.), Combination Agreement (Maiden Holdings, Ltd.)

AutoNDA by SimpleDocs

Appointment of Auditor. 64.1 74.1 Subject to the Companies Act and provided that the Members have not waived the requirement to hold an annual general meeting or appoint an AuditorAct, at the annual general meeting or at a subsequent special general meeting in each year, an independent representative of the Members Shareholders shall be appointed by them as Auditor of the accounts of the Company. 64.2 74.2 The Auditor may be a Member Shareholder but no Director, Officer or employee of the Company shall, during his continuance in office, be eligible to act as an Auditor of the Company.

Appears in 2 contracts

Samples: Transaction Agreement (Apollo Global Management, Inc.), Transaction Agreement (Athene Holding LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!