Financial Committee. 1. The Committee shall represent States Parties that have supported the Commission financially during a reporting period.
Financial Committee. The Board of Director of the Company shall have established a financial committee (the “Financial Committee”), which shall consist of five (5) members, including one (1) director nominated by Flagship, one director nominated by SCGC or CIVC and three (3) directors nominated by the Founders. CIVC and Pitango may designate two observers, and TDR may designate one observer, to attend the meetings of the Financial Committee without voting rights. The Financial Committee shall be responsible for supervising the finance and accounting of the Company Group, including but not limited to budget, Related Party transactions, employee welfare planning and conducting internal audit provided however, that all actions of the Financial Committee relating to matters set out in Section 14.8 of the Shareholders Agreement shall require the affirmative vote of the director nominated by the Series B Investors. The Financial Committee shall meet on a regular basis at least once every quarter.
Financial Committee. 1. The Council of Members shall establish a Financial Committee comprising one delegate of each Member.
Financial Committee. The Board of Director of the Company shall have established a financial committee (the “Financial Committee”), which shall consist of 3 members, including 1 director nominated by the Series A Investor. The Financial Committee shall be responsible for supervising the finance and accounting of the Company Group, including but not limited to budget, Related Party transactions, employee welfare planning and conducting internal audit provided however, that all actions of the Financial Committee relating to matters set out in Section 14.10 of the Shareholders Agreement shall require the affirmative vote of the director nominated by the Series A Investor. The Financial Committee shall meet on a regular basis at least once every quarter.
Financial Committee. As soon as reasonably practicable following the date hereof, the Company will reconstitute its Audit Committee of the Board of Directors as a Finance and Audit Committee of the Board of Directors (the “Committee”) comprised of no more than four members. The officers of the Company will report to the Committee according to an agenda established and approved by the Committee and the Committee will monitor the Company’s expenses, budget and revenues. The Committee shall report to the Board of Directors and any regular board observers from time to time at regularly scheduled meetings of the Board of Directors.
Financial Committee. Effective as of August 19, 2002, there occurs, for any reason, any alteration of the composition, or reduction of the responsibilities, of the Financial Committee of Recoton's Board by action of the Board, undertaken without the prior written approval of the Administrative Agent.";
Financial Committee. Upon request, the Superintendent or his/her designee, agrees to hold a meeting each year with the negotiations representatives of the Association for the purpose of studying the financial situation of the district.
