Common use of Change of Auditors Clause in Contracts

Change of Auditors. The Auditors appointed by the Manager pursuant to Section 17.3 may not be changed unless: (a) the Independent Review Committee has approved the change of Auditors in accordance with NI 81-107; (b) the Disclosure Documents disclose that, although the approval of Unitholders will not be obtained before making the change, Unitholders will be sent a written notice at least 60 days before the effective date of the change; and (c) the notice to Unitholders referred to in Subsection 20.3(b) is sent 60 days before the effective date of the change.

Appears in 6 contracts

Samples: Trust Agreement (Sprott Physical Platinum & Palladium Trust), Trust Agreement (Sprott Physical Platinum & Palladium Trust), Trust Agreement (Sprott Physical Silver Trust)

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Change of Auditors. The Auditors appointed by the Manager pursuant to Section 17.3 may not be changed unless: (a) the Independent Review Committee has approved the change of Auditors in accordance with NI 81-107; (b) the Disclosure Documents disclose that, although the approval of Unitholders will not be obtained before making the change, Unitholders will be sent a written notice at least 60 days before the effective date of the change; and (c) the notice to Unitholders referred to in Subsection 20.3(b) is sent 60 days before the effective date of the change.

Appears in 5 contracts

Samples: Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust)

Change of Auditors. The Auditors appointed by the Manager pursuant to Section 17.3 may not be changed unless: (a) the Independent Review Committee has approved the change of Auditors in accordance with NI 81-107; (b) the Disclosure Documents disclose that, although the approval of Unitholders will not be obtained before making the change, Unitholders will be sent a written notice at least 60 days before the effective date of the change; and (c) the notice to Unitholders referred to in Subsection 20.3(b21.3(b) is sent 60 days before the effective date of the change.

Appears in 2 contracts

Samples: Trust Agreement (Sprott Physical Gold & Silver Trust), Arrangement Agreement (Central Fund of Canada LTD)

Change of Auditors. The Auditors appointed by the Manager pursuant to Section 17.3 may not be changed unless: : (a) the Independent Review Committee has approved the change of Auditors in accordance with NI 81-107; ; (b) the Disclosure Documents disclose that, although the approval of Unitholders will not be obtained before making the change, Unitholders will be sent a written notice at least 60 days before the effective date of the change; and and (c) the notice to Unitholders referred to in Subsection 20.3(b) is sent 60 days before the effective date of the change.

Appears in 2 contracts

Samples: Trust Agreement (Sprott Physical Silver Trust), Trust Agreement (Sprott Physical Gold Trust)

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Change of Auditors. The Auditors appointed by the Manager pursuant to Section 17.3 may not be changed unless: (a) the Independent Review Committee has approved the change of Auditors in accordance with NI 81-107; (b) the Disclosure Documents disclose that, although the approval of Unitholders will not be obtained before making the change, Unitholders will be sent a written notice at least 60 days before the effective date of the change; and (c) the notice to Unitholders referred to in Subsection subsection 20.3(b) is sent 60 days before the effective date of the change.

Appears in 1 contract

Samples: Trust Agreement (Sprott Physical Gold Trust)

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