Statutory Auditors. The Ordinary General Meeting of Shareholders shall appoint a statutory auditor and, where necessary, a deputy statutory auditor in order to carry out the audit required by the law and regulations. When the statutory conditions are met, the Company shall appoint at least two (2) statutory auditors.
Statutory Auditors. The Company shall have three (3) Statutory Auditors whom shall be nominated by Ariba. A Statutory Auditor may be removed for cause in accordance with applicable law. Ariba shall also have the right, exercisable in its sole discretion, to remove and replace a Statutory Auditor at any time, effective upon the delivery of written notice to the Statutory Auditor to be removed and the other Parties. Ariba shall also further have the right to appoint a successor Statutory Auditor in the event a vacancy arises for any reason.
Statutory Auditors. No Obligor shall change (and the Company shall ensure that no member of the Group changes) its statutory auditors to any person other than Ernst & Young, KPMG, Deloitte or PwC or firms associated with or affiliated to those firms in jurisdictions where those firms do not themselves have a presence.
Statutory Auditors. INSWEB JAPAN shall have at least three (3) statutory auditors (KANSA-YAKU), each of whom shall be appointed by SB Finance (one (1) of whom shall serve on a full-time basis). A statutory auditor may be removed for cause in accordance with the Commercial Code. SB Finance shall also have the right, exercisable in its sole discretion, to remove such statutory auditor at any time, effective upon delivery of written notice to INSWEB JAPAN, the statutory auditor to be removed and the other shareholders of INSWEB JAPAN. In the event of a vacancy in the office of a statutory auditor for any reason (including removal in accordance with the preceding sentence), the vacancy shall be filled by SB Finance.
Statutory Auditors. Except as required by applicable law, LAK shall ------------------ have two (2) statutory auditors. Liquid Audio shall nominate one (1) statutory auditor, and SKM shall nominate one (1) statutory auditor.
Statutory Auditors. Xxxxx Xxxxxxxx International shall be appointed as statutory auditors (commissaire aux comptes) of the Company and its Subsidiaries; provided, that Xxxxx Xxxxxxxx International shall be a co-statutory auditor (commissaire aux comptes) for each of the Company’s Subsidiaries until expiration of the mandated six-year term of the current statutory auditors (commissaire aux comptes) of the Company’s Subsidiaries. The alternate statutory auditor for the Company and its Subsidiaries shall be such Person as designated by Xxxxx Xxxxxxxx International. The by-laws (statuts) of the Company shall reflect such appointment.
Statutory Auditors. The Company in a general meeting shall appoint a reputed chartered accountancy firm registered in India that is recommended by APGL as the statutory auditors for the Company.
Statutory Auditors. The Parties agree that the Quota Holders’ Meeting shall appoint a statutory auditor of the Company which shall consist of one (1) effective member who shall serve for three years and shall be designated by the parties on a rotating bases. The first statutory auditor shall be designated by Pirelli.
Statutory Auditors. The Purchaser shall cause the Company to appoint as statutory auditors an audit firm of international reputation of its choice.
Statutory Auditors. The Company shall have at least one (1) Statutory Auditor. For so long as SFC shall have no less than ten percent (10%), it shall have the right to nominate one (1) Statutory Auditor for election at the General Meeting of Shareholders, and the other Party shall exercise its voting rights so that the nominee of such Party shall be elected as Statutory Auditor. Initially, the Company shall have two (2) Statutory Auditors and each of SunEdison Singapore and SFC shall be entitled to nominate one (1) Statutory Auditor. Each Party entitled to nominate a Statutory Auditor shall consult in good faith with the other Party prior to making such nomination. The provisions of Section 6.2(c), (d) and (e) shall apply to the Statutory Auditors, mutatis mutandis.”
(c) Section 7.3 of the Joint Venture Agreement is hereby amended and restated in its entirety to read as follows:
