External control Sample Clauses

External control. The Parties undertake to ensure that the Company appoints an auditor to exercise external control if. in the absence of a legal obligation to do so. the Institutional Shareholders or Private Investors representing together 20% (twenty percent) of the Company's share capital so request.
External control. The project shall be externally audited by independent firms acceptable to IFAD as it is adopted for the on-going projects/programmes.