Board Audit Committee definition

Board Audit Committee means the Board Audit Committee established under paragraph 21(1)(b);
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Board Audit Committee means the Board Audit Committee established under section 40;
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Board Audit Committee or “BAC” means the board committee of that name subject to the committee charter as amended from time to time.
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Examples of Board Audit Committee in a sentence

  • To review a Related Party Transaction, the Board/ Audit Committee will be provided with all the relevant information pertaining to the Related Party Transaction, including the terms of the transaction, the business purpose of the transaction, the benefits to the Company and any other matter, as may be required.

  • In connection with any review of a Related Party Transaction, the Board/ Audit Committee has authority to modify or waive any procedural requirements of this Policy.

  • In case the Board/ Audit Committee determines not to ratify a Related Party Transaction that has been commenced without approval, the Board/ Audit Committee, as appropriate, may direct additional actions including, but not limited to, immediate discontinuation or rescission of the transaction, or modification of the transaction to make it acceptable for ratification.

  • The Board Audit Committee approves the annual audit plan and also receives regular reports of the results of audit work.The Group’s policy is to maintain a strong capital base so as to maintain investor, creditor and market confidence and to sustain future business development.

  • In case the shareholders decide not to approve a Related Party Transaction, the Board/ Audit Committee, as appropriate, may direct additional actions including, but not limited to, immediate discontinuation or recession of the transaction, or modification of the transaction to make it acceptable to shareholders for approval.

  • The Board has five (5) standing committees, namely: Board Credit Committee, Board Finance & General Purpose Committee, Board Audit Committee, Board Risk Management Committee and Board Governance & Remuneration Committee.

  • Member HR Board Committee of PICIC Insurance Company, Chairman Board Investment Committee, and Member Board Audit Committee of PICIC Asset Management Company.

  • Mr. Aly Osman- Company Secretary/Head of Compliance & Internal Audit Mr. Aly Osman is the Head of Internal Audit & Compliance at UBL Fund Managers Limited reporting functionally to the Board Audit Committee (BAC).

  • The President shall be an ex-officio member of all Committees with the exception of the Board Audit Committee.

  • Board/ Audit Committee will determine whether the transaction does, in fact, constitute a Related Party Transaction requiring compliance with this policy.

Related to Board Audit Committee

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Independent Board Committee means the independent board committee of the Company

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Compensation Committee means the Compensation Committee of the Board.

  • Governance Committee means the Governance Committee of the Board.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Audit Committee or Committee means Committee of Board of Directors of the Company constituted under provisions of Listing agreement and Companies Act, 2013.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Audit Committee Financial Expert means a person who has the following attributes:

  • Board Committee means those individual Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article V and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Sub-Committee means a committee of a committee created by the Board.

  • Regional Committee means the regional committee on school

  • Finance Committee means the Finance Committee of the University;

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Supervisory Committee means the Comisión Fiscalizadora of the Company.

  • the Board means the board of directors of the Company;

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • Listing Committee the listing committee of the Stock Exchange;

  • Evaluation Committee means a body appointed to perform the evaluation of Offerors’ proposals.

  • Monitoring Committee means the committee established under clause 10 of this Award.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • P&T committee means a committee of the hospital composed of physicians, pharmacists, and other health professionals that evaluates the clinical use of drugs within the hospital, develops policies for managing drug use and administration in the hospital, and manages the hospital drug formulary system. “Physician” means a person who is currently licensed in Iowa to practice medicine and surgery, osteopathic medicine and surgery, or osteopathy. A physician who executes a written protocol with an authorized pharmacist shall supervise the pharmacist’s activities involved in the overall management of patients receiving medications or disease management services under the protocol. The physician may