Change of Auditors Clause Samples
The Change of Auditors clause outlines the procedures and requirements for replacing the company’s external auditors. Typically, it specifies the conditions under which a change can occur, such as board approval or shareholder notification, and may require prompt disclosure to relevant stakeholders or regulatory bodies. This clause ensures transparency and continuity in financial oversight, addressing potential concerns about the integrity of financial reporting when auditors are replaced.
Change of Auditors. Change its auditors other than to a nationally recognized accounting firm approved by the Holder acting reasonably.
Change of Auditors. The Auditors appointed by the Manager pursuant to Section 17.3 may not be changed unless:
(a) the Independent Review Committee has approved the change of Auditors in accordance with NI 81-107;
(b) the Disclosure Documents disclose that, although the approval of Unitholders will not be obtained before making the change, Unitholders will be sent a written notice at least 60 days before the effective date of the change; and
(c) the notice to Unitholders referred to in Subsection 20.3(b) is sent 60 days before the effective date of the change.
Change of Auditors. No Loan Party shall, without the prior written consent of the Administrative Agent (such consent not to be unreasonably withheld, conditioned or delayed), change its Independent Auditor.
Change of Auditors. The Auditors may at any time be removed by the Trustee with the approval of the Unitholders by means of an Ordinary Resolution at a meeting of Unitholders duly called for that purpose and, upon the resignation or the removal of Auditors as aforesaid, new auditors may be appointed by the Trustee with the approval of the Unitholders by means of an Ordinary Resolution at a meeting duly called for the purpose. A vacancy created by the removal of the Auditors as aforesaid may be filled at the meeting of Unitholders at which the Auditors are removed or, if not so filled, may be filled under Section 15.4.
Change of Auditors. Change its auditors other than to an accounting firm nationally recognized in the United States or Canada.
Change of Auditors. The Auditors may at any time be removed by the Trustee with the approval of a majority of the votes cast by Unitholders at a meeting of Unitholders duly called for the purpose and, upon the resignation or the removal of Auditors as aforesaid, new Auditors may be appointed by the Trustee with the approval of a majority of votes cast by Unitholders at a meeting duly called for the purpose.
Change of Auditors. BKRF will not, and will not permit any other RCF Loan Party to, without ▇▇▇▇▇’s prior written consent (such consent not to be unreasonably withheld, conditioned or delayed), change its Independent Auditor (as defined in the RCF Agreement).
Change of Auditors. The Company shall not, without the prior written consent of the Administrative Agent, change its Independent Auditor, including for the purpose of the audit of the consolidated financial statements of the Company and its Subsidiaries.
Change of Auditors. No Obligor shall change its auditors, unless an internationally recognized accounting firm is appointed.
Change of Auditors. Borrower shall not cause or permit any OpCo Loan Party to change the Independent Auditor, other than as permitted under the OpCo Senior Credit Agreement.