Appointment of Financial Adviser to the Borrower Sample Clauses

Appointment of Financial Adviser to the Borrower. The Borrower shall, within two (2) Business Days of the Ninth Amendment Effective Date, enter into engagement letters with appropriate advisers (the “Advisor Engagements”), with the prior written approval of the Required Lenders, to conduct a strategic review of the business of the Issuer and its Subsidiaries and advise on available options, provided that the scope of work of any such advisers shall in each case be subject to the prior written approval of the Required Lenders. In connection with the foregoing engagements, the Borrower and the Issuer shall (and shall cause its respective Subsidiaries to, as applicable): (a) Instruct each of its advisors to send to the Lenders and the Collateral Agent copies of any material written correspondence, communications and reports delivered or furnished to the Borrower, the Issuer or any of their respective Subsidiaries in connection with the strategic review that are material to the strategic review, simultaneously when delivered, furnished or provided to the Borrower, the Issuer or any of their respective Subsidiaries; (b) invite the Lenders to participate in weekly or regularly scheduled meetings or conference calls or the like (whether in person, by telephone or by video) with any of its advisers to discuss the status or progress of such strategic review; (c) without limiting the generality of sub-clause (ii) above, arrange for conferences among the Borrower, each of its advisers and the Lenders to occur no less frequently than once per week following the engagement thereof; (d) use its commercially reasonable efforts to provide each of its advisers with support, information and materials as reasonably requested by such advisers in a prompt and timely manner having regard to the resources available to the Borrower, the Issuer and their respective Subsidiaries; (e) use its commercially reasonable efforts to adhere to any and all timetables and schedules agreed between the Borrower (or the Issuer or any of their respective Subsidiaries) and its advisers; and (f) with respect to each of its advisers, obtain prior written approval from the Required Lenders prior to making any changes to any of the terms, conditions or other provisions of the engagement letter therewith (including any agreed schedules, timelines and delivery dates).