Special Accountant. In the event that, in the opinion of the Lender, circumstances have arisen which gives reasonable cause for concern over the financial condition of the Borrower, the Borrower will, notwithstanding that an Event of Default or a potential Event of Default has not occurred, forthwith upon the Lender's request appoint a Special Accountant nominated by the Lender. The Lender may at its absolute discretion immediately after such request to appoint a Special Accountant make such appointment on the Borrower's behalf. The Special Accountant so appointed shall be the agent of the Borrower and the Borrower shall be solely responsible for his acts, defaults and remuneration; The Special Accountant shall have the following functions :-
Special Accountant. 32.1 The Borrower shall, at any time and from time to time notwithstanding that an Event of Default has not occurred, forthwith upon SIF’s request appoint a Special Accountant nominated by SIF. SIF may, at its absolute discretion, immediately after such request to appoint a Special Accountant, make such appointment on the Borrower’s behalf. The Special Accountant so appointed shall be the agent of the Borrower and the Borrower shall be solely responsible for his acts, defaults and remuneration. The Special Accountant shall have the following functions:-
Special Accountant. In the event that, in the opinion of the Bank , circumstances have arisen which give reasonable cause for concern over the financial condition of the Borrower and/or the Borrower’s ability to repay any part of the Facilities , the Borrower will, notwithstanding that an Event of Default has not occurred, forthwith upon the Bank’s request appoint a Special Accountant nominated by the Bank. The Bank may at its absolute discretion immediately after such request to appoint a Special Accountant make such appointment on the Borrower’s behalf. The Special Accountant so appointed shall be the agent of the Borrower and the Borrower shall be solely responsible for his acts, defaults and remuneration . The Special Accountant shall have the following functions :-
