Statutory Auditors Sample Clauses

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. 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. The Purchaser shall cause the Company to appoint as statutory auditors an audit firm of international reputation of its choice.

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. 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 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. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ International shall be appointed as statutory auditors (commissaire aux comptes) of the Company and its Subsidiaries; provided, that ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 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 ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ International. The by-laws (statuts) of the Company shall reflect such appointment.

Statutory Auditors. (a) The Company at all times shall have two (2) Statutory Auditors of whom one (1) shall be designated by Panasonic and one (1) shall be designated by Tower. The Statutory Auditor as of the Closing Date nominated by Tower shall be ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and the Statutory Auditor as of the Closing Date nominated by Panasonic shall be ▇▇▇▇▇ ▇▇▇▇▇▇. Each Shareholder shall submit to the other Shareholder its nominee to serve as Statutory Auditor at least thirty (30) days prior to each shareholders’ meeting where the Statutory Auditors will be elected. (b) If as a result of death, disability, retirement, resignation, removal (with or without cause), or other departure, any vacancy of the Statutory Auditor shall exist or arise, the Shareholders will designate another individual to serve as a statutory auditor.