Statutory Auditor. The Company will have one statutory auditor (kansayaku) (the “Statutory Auditor”), who will be designated by VIA. The Statutory Auditor may be removed at any time by VIA. lithe Statutory Auditor ceases acting as Statutory Auditor for any reason, the Representative Director may designate a replacement who is approved in writing by VIA. Each Shareholder shall take all necessary or desirable actions within its control to ensure the appointment of such replacement.
Statutory Auditor. The Corporation shall have a principal Statutory Auditor and a corresponding alternate who shall have the functions set forth in the Commercial Code. Both shall serve terms of three (3) years in their offices and their appointment or removal corresponds to the Shareholders’ Meeting. If not replaced upon expiration of the aforementioned term, the officers governed by this Article shall continue to perform their duties with all powers inherent to their office until the appointment of their respective replacements. The principal Statutory Auditor and his alternate who shall exercise their functions during the first statutory period are designated in Chapter XI of this Charter and By-laws.
Statutory Auditor. The Company shall have one statutory auditor who shall be elected at a general meeting of shareholders and the parties agree to cause vote their shares so as to elect such statutory auditor nominated by the Major Shareholders.
Statutory Auditor. In addition to the independent certified public accountant to be employed pursuant to Section 7.2 hereof, the Company shall have one (1) statutory auditor to be nominated by Teijin and to be elected by resolution of the General Shareholders' Meeting.
Statutory Auditor. The Parties shall cause the JVC to have one statutory auditor elected at a general meeting of shareholders of the JVC. VaxGen or other Parties shall be entitled to nominate the statutory auditor upon mutual agreement among the Parties.
Statutory Auditor. 14.1 In accordance with the provisions of Article L. 214-185 of the French Code monétaire et financier, the Management Company’s board of directors shall appoint a statutory auditor for a period of six (6) financial years. The appointment of the statutory auditor may be renewed pursuant to the same conditions.
Statutory Auditor. Subject to Article 11, the Company shall appoint one of the reputable Big Four Accountancy Firms, as the statutory auditors of the Company from the beginning of the Financial Year and shall continue their appointment at least till the next annual general meeting of the Company.
Statutory Auditor. 5.11.1. The Company, at all times, shall appoint and retain such reputed firm as may be acceptable to the Principal Investor Majority as the independent, external, statutory auditors of the Company (“Auditor”) in accordance with Applicable Law.
Statutory Auditor. The Company shall initially have one (1) Statutory Auditor who shall be appointed by mutual agreement of the Major Shareholders. Once the Company shall be classified as a dai-gaisha and required under Applicable Law to have at least three (3) Statutory Auditors, the number of Statutory Auditors * Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. shall be so increased. All Statutory Auditors shall be appointed by mutual agreement of the Major Shareholders. A Statutory Auditor may be removed for cause in accordance with Applicable Law. Notwithstanding anything else set forth in this Section 4.9, following the exercise of the Special Event of Default Option, the Major Shareholder who is not the Defaulting Party shall be entitled to appoint the Statutory Auditor(s).
Statutory Auditor. Except as required by applicable law, JVC shall have one statutory auditor. CBI shall nominate the statutory auditor, subject to SC's approval, which shall not be unreasonably withheld.
