External Auditors. The Recipient shall, no later than three (3) months after the Effective Date, appoint, in accordance with the provisions of Section III of this Schedule, external auditors, with qualifications, experience, and terms of reference satisfactory to the Association, for purposes of the carrying out of the audit referred to in Section II.B.3 of this Schedule.
External Auditors. 8.1 External Auditors shall be designated by the Board of Directors prior to the close of business in each fiscal year, who shall audit and examine the books of accounts of the Company and shall certify to the Board of Directors and Shareholders the annual balance of said books, which shall be prepared at the close of each fiscal year.
8.2 No Director or Officer of the Company, and no firm or corporation of which such Director or Officer is a member, shall be eligible to discharge the duties of the External Auditors.
8.3 The compensation of the External Auditors shall be fixed by the Board of Directors.
External Auditors. Dolphin shall cause EDENOR to have at all times one of the following firms: PriceWaterhouseCoopers, Ernst & Young, Deloitte & Touche and KPMG as its external auditor, unless none of such firms is available, in which case the Shareholders shall agree on which international firm shall be EDENOR’s external auditor. To the extent permitted by Argentine law, EDFI shall have the right through its directors in EDENOR to make inquiries to the statutory auditor. Upon request of EDFI to EDENOR, EDFI shall have the right through any of the directors appointed by it, to have access to EDENOR’s external auditor without the presence of management of Dolphin or EDENOR and may request to have access to all documents and communications in relation to internal audits, to the extent permitted, and in compliance with, Argentine law.
External Auditors. The Project Implementing Entity shall, no later than three (3) months after the Effective Date, appoint, in accordance with the provisions of Section III of this Schedule as applicable, external auditors, with qualifications, experience, and terms of reference satisfactory to the Association, for purposes of the carrying out of the audit referred to in Section II.B.3 of this Schedule.
External Auditors. 1. The External Auditors of the Community shall be appointed for a period of two years renewable for two other terms of two years each. They can be relieved of their posts by the Authority on the recommendation of the Council.
2. Subject to the provisions of the preceding paragraph, the Council shall determine the rules governing the selection procedure and establish the responsibilities of tile External Auditors.
External Auditors. 6.1 The Lessor shall, at the cost of the Lessee, appoint such External Auditors to undertake the auditing and certification of the Completion of the Proposed GFA, and the expenditure by the Lessee towards the Development Investment for the duration of the development of the IR, such auditing to be conducted on a progressive basis.
6.2 The External Auditors shall be entitled to engage all such professionals or consultants as they deem necessary to enable them to undertake the auditing and certification as stated in Clause 6.1. All costs and expenses incurred by the External Auditors in undertaking the auditing and certification, including the costs and expenses of engaging all such other professionals or consultants as may be deemed necessary by the External Auditors, shall be borne by the Lessee and paid on demand being made by the Lessor or the External Auditors. A letter from the Lessor certifying the costs and expenses incurred shall be final and conclusive.
External Auditors. 6.1 The Lessor shall, at the cost of the Lessee, appoint the External Auditors to undertake: (i) the auditing and certification of the Completion of the Proposed GFA; and (ii) the auditing and certification of the expenditure by the Lessee towards the Development Investment, such auditing to be conducted upon Completion of the Proposed GFA or eight (8) years from the Effective Date, whichever is earlier.
6.2 The External Auditors shall be entitled to engage all such professionals or consultants as they deem necessary to enable them to undertake the auditing and certification as stated in Clause 6.1. All costs and expenses incurred by the External Auditors in undertaking the auditing and certification, including the costs and expenses of engaging all such other professionals or consultants as may be deemed necessary by the External Auditors, shall be borne by the Lessee and paid on demand being made by the Lessor or the External Auditors. A letter from the Lessor certifying the costs and expenses incurred shall be final and conclusive.
6.3 Without prejudice to the Lessee’s obligations under Clause 11.1, any determination by the External Auditors as to whether a specified GFA or Net Floor Area in this Agreement has been built shall take into account any construction variance which is in line with industry practice from time to time prevailing but nothing in this Clause 6.3 shall be construed to permit the Lessee to increase the Permissible GFA without approval of the Lessor and/or the Competent Authorities.
External Auditors. CNPA may engage auditors of international standing to conduct on its behalf audits under this Article. The reasonable cost of such assistance shall be chargeable to Contractor and shall constitute a recoverable Petroleum Cost.
External Auditors. Clause 6.1 of the Principal Agreement shall be deleted in its entirety and substituted with the following new clause 6.1:
6.1 The Lessor shall, at the cost of the Lessee, appoint the External Auditors to undertake: (i) the auditing and certification of the Completion of the Proposed GFA; and (ii) the auditing and certification of the expenditure by the Lessee towards the Development Investment, such auditing to be conducted upon Completion of the Proposed GFA or ten (10) years from the Effective Date, whichever is earlier.”
External Auditors. Discuss the results from the most recent receivable confirmation procedures, as perform in connection with the fiscal year-end financial audit. If possible, quantify the extent of the coverage and specify the type of procedures used (negative/positive confirmations, subsequent cash receipts), noting any issues.
