Financial Controller Sample Clauses
The Financial Controller clause designates an individual or entity responsible for overseeing and managing the financial operations and reporting within an organization or under a specific agreement. Typically, this clause outlines the scope of the controller’s authority, such as approving budgets, monitoring expenditures, and ensuring compliance with financial policies. By clearly assigning these responsibilities, the clause helps maintain financial integrity, accountability, and transparency, thereby reducing the risk of mismanagement or financial discrepancies.
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Financial Controller. (a) Purchaser Shareholder shall be entitled to propose to the Board the candidate for appointment as the Financial Controller of the Group (the “Financial Controller”) (including, for the avoidance of doubt, any candidate to fill any subsequent vacancy in such office, however arising); provided that the appointment of the Financial Controller shall be subject to the final approval of the CEO, not to be unreasonably withheld, delayed or conditioned.
(b) The duties and responsibilities of the Financial Controller shall be those customarily performed by such an officer, it being understood that the CEO shall have direct responsibility for communications with the Russian authorities with respect to accounting and taxation matters and relationships with Russian banks, the Financial Controller being nevertheless kept fully informed by the CEO on all these matters.
(c) The CEO shall ensure that the Financial Controller has full and unrestricted access to all financial, tax and accounting records of the Company and the Group, and to the extent permitted by the Joint Venture Agreement, all such records of the Joint Venture, all on a permanent basis.
(d) The Financial Controller shall report to the CEO; provided that, to the extent permitted by applicable Requirements of Law, for purposes of ensuring CEDC’s compliance with its reporting obligations under applicable Requirements of Law, including, without limitation, the requirements of the Securities Exchange Act, CEDC may communicate directly with, and request information directly from, the Financial Controller; provided, further, that the CEO is copied on all such written communication (or furnished with a full, fair and accurate summary of any oral communications) and any responses thereto. The Parties agree that the Financial Controller, and not the CEO or the New Management Co, shall be responsible for ensuring that information is timely reported according to CEDC’s reporting standards, but this shall not relieve the CEO or New Management Co from preparing and maintaining accounting records for the Company and the Group, or from providing the Financial Controller full access to such records.
(e) Except as otherwise agreed by the CEO and the Purchaser Shareholder, and subject to Requirements of Law, the employment of the Financial Controller may only be terminated for Cause.
Financial Controller. Secondary Contact Email Secondary Contact Phone Secondary Contact Fax Secondary Contact Mobile 1 Administration Fee Contact Name
Financial Controller. (i) Prior to Payout, the Financial Controller shall be appointed by ATLAS and after Payout, he shall be appointed by SOGW.
(ii) The Financial Controller shall have the right to be directly involved and participate meaningfully in the functions and activities of the Financial Director. The Financial Controller shall at all times have access to the books and records relating to the Contract, this Agreement and the Contract Area and shall have the right to cause audits of such books and records to be performed from time to time as he shall deem necessary or appropriate.
Financial Controller. During the Earnout Period, each of Buyer and the Management Sellers agrees that it will cause the Company to engage a financial controller (the “Financial Controller”) designated by Buyer and approved by at least one of the Management-Appointed Directors. The Financial Controller shall have the powers and authorities as determined by the Board, including at least one of the Management-Appointed Directors.
Financial Controller. The Borrower shall, not later than December 31, 1989, establish a Range and Livestock Association Development Fund which shall be used for making: (a) grants for community development and infrastructure improvement including schools, buildings, pumps, ▇▇▇▇▇, and markets; and (b) loans for small productive enterprises in the Project Area.
Financial Controller. Secondary Contact Email Secondary Contact Phone 5 Secondary Contact Fax
Financial Controller. The financial controller shall be proposed by MHI and approved by the Board. The Parties will agree the scope of work of the Financial Controller. One of the relevant tasks of the Financial Controller will be to draft an internal report including all the transactions (expenses and/or fees) carried out between Sierra Parima and each of its related companies (sociedades vinculadas). This internal report will be released within thirty (30) Days after the end of each Year.
Financial Controller. Party A has the right to propose the candidate of the financial controller of the Company and its subsidiaries, which shall be appointed by the board of directors.
Financial Controller. Within thirty (30) days of Closing, Issuer shall have appointed a Financial Controller on customary terms reasonably satisfactory to Purchaser who shall be employed on site at the Mine on a full-time basis.