Retention of Independent Verifier. The Adviser shall, no later than the Inception Date, retain, at the Adviser's expense, an accounting firm of nationally-recognized standing, as Independent Verifier. If the Independent Verifier selected in accordance with this Section 10.01 fails to perform its duties to the Insurer's reasonable satisfaction, then, upon the Insurer's request, the Adviser shall select another accounting firm of nationally-recognized standing to act as Independent Verifier and provide the Independent Verification Report.
Appears in 4 contracts
Samples: Financial Guarantee Agreement (Smith Barney Trust Ii), Financial Guarantee Agreement (Merrill Lynch Principal Protected Trust), Financial Guarantee Agreement (Smith Barney Trust Ii)
Retention of Independent Verifier. The Adviser shall, no later than the Inception Date, retain, at the Adviser's expense, an accounting firm of nationally-nationally recognized standing, as Independent Verifier. If the Independent Verifier selected in accordance with this Section 10.01 fails to perform its duties to the Insurer's reasonable satisfaction, then, upon the Insurer's request, the Adviser shall select another accounting firm of nationally-nationally recognized standing to act as Independent Verifier and provide the Independent Verification Report.
Appears in 1 contract
Samples: Financial Guarantee Agreement (Russell Frank Investment Co)
