Audit qualification. 23.12.1 The Auditors of the Group qualify the audited annual consolidated financial statements of the Company. 23.12.2 The Auditors of a member of the Covenant Group qualify the audited annual financial statements of that member of the Covenant Group provided that the grounds for such qualification are material to the rights and obligations of the Finance Parties in the context of the Finance Documents.
Appears in 3 contracts
Sources: Facilities Agreement, Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)
Audit qualification. 23.12.1 24.12.1 The Auditors of the Group qualify the audited annual consolidated financial statements of the Company.
23.12.2 24.12.2 The Auditors of a member of the Covenant Group qualify the audited annual financial statements of that member of the Covenant Group provided that the grounds for such qualification are material to the rights and obligations of the Finance Parties in the context of the Finance Documents.
Appears in 2 contracts
Sources: Facilities Agreement (Powerfleet, Inc.), First Amendment and Restatement Agreement (Powerfleet, Inc.)
Audit qualification. 23.12.1 22.12.1 The Auditors of the Group qualify the audited annual consolidated financial statements of the CompanyBorrower.
23.12.2 22.12.2 The Auditors of a member of the Covenant Group qualify the audited annual financial statements of that member of the Covenant Group provided that the grounds for such qualification are material to the rights and obligations of the Finance Parties in the context of the Finance Documents.
Appears in 1 contract