Fiscal Council Sample Clauses

Fiscal Council. The Parties hereby agree that, so long as the fiscal council is installed, it will be composed by three (3) members and their respective alternates, and the appointing of such members will be carried out as follows: (1) VDQ will have the exclusive right to appoint the majority of the members of the fiscal council and their respective alternates, as well as request their removal; and (2) SALIC will have the right to exert its voting rights in an independent manner in order to elect, as well as remove, the remaining members of the fiscal council and his/her respective alternate.
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Fiscal Council. Section 24. The Company shall have a Fiscal Council, which shall not function on a permanent basis. When installed, the Fiscal Council shall be composed of three sitting and three alternate members appointed by the General Meeting of shareholders, who shall fix their compensation. TEXT_SP 8915302v1 7474/36
Sample 1
Fiscal Council. The Parties hereto agree to vote (i) for the convening of a Fiscal Council; (ii) for NET to appoint one of the members of this Fiscal Council among professionals with acknowledged experience in the market, who is independent from Shareholders and chosen by a specialized headhunting company acknowledged in the market; (iii) for BTVC to appoint another member among professionals with acknowledged experience in the market, who is independent from Shareholders and chosen by a specialized headhunting company acknowledged in the market; and (iv) for minority shareholders to choose the other member. ATTACHMENT 3.1 To the Statement of Commitment to Ancillary Obligations CHAPTER V
Sample 1
Fiscal Council. The Fiscal Council of the Company and Xtal shall not be permanent. However, in case its installation is required at any time, FCI shall be entitled to appoint 2 (two) of the Fiscal Council members and Algar shall be entitled to appoint 1 (one) of the Fiscal Council members.
Sample 1
Fiscal Council. The Shareholders agree and establish that the Company will have a non-permanent fiscal council, composed of at least three (3) and at most five (5) members and an equal number of alternates. It will be established whenever so resolved by the Company’s general assembly, under the terms of the Companies Law.
Sample 1

Related to Fiscal Council

  • ADVISORY COUNCIL An Advisory Council consisting of the superintendent of each participating District, or his/her designee is hereby created. The purpose of such Advisory Council is to monitor the performance of this Agreement, amend this Agreement (with concurrence of all parties affected), and terminate this Agreement as provided in Section IX. Activities of the Advisory Council shall take place as needed, called by a majority of its members or by the Superintendent of the NWESD, or his/her designee. Decisions by the Advisory Council will be made by a vote of greater than fifty percent (50%) of a quorum. A quorum is defined as at least fifty percent (50%) of the representatives appointed to the Advisory Council. Participation may occur via technological participation, including email providing at least seven (7) calendar days prior written notice was provided to each District superintendent or designee.

  • Governing Board 1. The Centre shall be guided and overseen by a Governing Board renewed every 3 years and include:

  • Accounting and Fiscal Year Subject to Code Section 448, the books of the Partnership shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the General Partner. The fiscal year of the Partnership shall end on December 31 of each year, or on such other date permitted under the Code as the General Partner shall determine.

  • Board Oversight 1. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions.

  • Hospital-Association Committee (a) There shall be a Hospital-Association Committee comprised of representatives of the Hospital, one of whom shall be the Chief Nursing Officer or designate and of the Association, one of whom shall be the Bargaining Unit President or designate. The number of representatives is set out in the Appendix of Local Provisions and the membership of the Committee may be expanded by mutual agreement.

  • Professional Development Committee There shall be a Professional Development Committee composed of at least two (2) representatives of the Association and an equal number of representatives from the Hospital. Each party may have alternates to replace a member from time to time.

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions.

  • LABOR/MANAGEMENT COMMITTEES Section 1. Labor/Management Committees The parties recognize that the holding of periodic meetings for the exchange of views and information contributes to the effectiveness of the labor/management relationship. Therefore, the parties shall establish Labor/Management Committees (LMC), in accordance with the provisions in this Article, for the purpose of addressing matters of concern in the areas of personnel policies, practices, conditions of employment, and other matters affecting employees. Each LMC will be co-chaired by one member from labor and one member from management.

  • Union Committee The Union shall appoint and maintain a Committee comprising persons who are employees of the Employer, and/or the Senior Union Official, or her/his representative, which shall be known as the Union Committee. The Union at all times shall keep the Employer informed of the individual membership of the Committee.

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