Audit Agent definition

Audit Agent means the selected Contractor.
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Audit Agent means an individual who is an employee or other agent of an accredited auditor/certification body who, although not individually accredited, is qualified to conduct food safety audits on behalf of an accredited auditor/certification body. An audit agent includes a contractor of the accredited auditor/certification body.
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Audit Agent means the Client’s internal and external auditors; the Client’s statutory or regulatory auditors; the Comptroller and Auditor General, their staff and/or any appointed representatives of the National Audit Office; HM Treasury or the Cabinet Office; any party formally appointed by the Client to carry out audit or similar review functions; and successors or assigns of any of the aforementioned.
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Examples of Audit Agent in a sentence

  • The Contractor shall, and shall procure that each Sub-Contractor shall, comply with the obligations of the Contractor under this Schedule 11 (Audit) and provide all further reasonable assistance to enable each Authority Audit Agent to exercise the Authority Audit Rights.

  • Following notification of an audit, the Contractor shall provide the Authority Audit Agents with such access (as set out in paragraph 5.1 (Audit Access) and for any of the purposes set out in paragraph 5.2.1 (Purpose of Audits)) as the Authority, relevant Related Organisation and/or Authority Audit Agent requests.

  • The Borrowers hereby acknowledge and agree that determinations with respect to (i) the adjustment of eligibility criteria or establishment of new eligibility criteria, (ii) the modification of advance rates against Eligible Accounts, and (iii) the establishment of reserves against Borrowing Availability is being made by both Agent and Audit Agent, and that both such parties are acting independently and have the right to make such determinations.

  • The Agent hereby appoints General Electric Capital Corporation as the Audit Agent.

  • Each Lender also acknowledges that it will, independently and without reliance upon the Agent, the Audit Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the other Financing Agreements.

  • Neither the Agent nor the Audit Agent shall have any implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder, except any action specifically provided by the Financing Agreements to be taken by the Agent or the Audit Agent, as applicable.

  • During any Audit, Agent may, with Borrower's consent (which will not be unreasonably withheld), discuss the financial condition and financial statements of Borrower and Collection Agent with Company’s Accountants and confer with Borrower’s management directly regarding Borrower’s business, operations and financial condition.

  • The Agent, the Audit Agent, and each Borrower hereby agree that if, as a result of any collateral audit conducted by the Audit Agent, the Audit Agent provides written recommendations to the Agent with respect to any of such determinations that have the cumulative effect of reducing Borrowing Availability by $1.5 million or less, such recommendations shall be binding, absent manifest error.

  • All such obligations of the Borrowers shall be and remain enforceable against, and only against, the Borrowers and shall not be enforceable against the Agent, the Audit Agent or any Lender.

  • If Lessee shall fail to so deliver any such Environmental Audit, Agent may obtain such an Environmental Audit and Lessee will pay all reasonable costs and expenses thereof.


More Definitions of Audit Agent

Audit Agent means an individual who is an employee or other agent of an accredited
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Audit Agent means for so long as it is a Lender under this Agreement, General Electric Capital Corporation, a New York corporation, in its capacity as audit agent for the Lenders and not in its individual capacity as a Lender, and any successor audit agent in such capacity appointed by the Lenders.
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