Assistance with Syndication Clause Samples
Assistance with Syndication. The Loan Parties shall actively assist, and shall cause PBE to actively assist, Fortress in syndicating a portion of the Loans, which assistance shall include (i) direct contact between senior management and the prospective Lenders, (ii) the hosting, with Fortress, of one or more meetings of prospective Lenders and (iii) assistance in the preparation of materials to be used in connection with the syndication.
Assistance with Syndication. The Parent covenants with the Finance Parties that it will co-operate with the Finance Parties in relation to the syndication of the Facilities and will assist such syndication in such manner and to such extent as the Arranger may from time to time reasonably request including, without limitation, by:-
(i) assisting the Arranger in the preparation of any information memorandum prepared for the purposes of syndication of the Facilities (in relation to the business, trading, prospects, financial condition, assets and liabilities of the Group, the markets in which its operates and the terms of the Facilities);
(ii) instructing the preparation (or updating) of due diligence reports for the benefit of any proposed Lenders (at the cost of the Parent);
(iii) participating in presentations to potential Lenders concerning the activities of the Group and arranging site visits to the key operating sites of the Group (as identified by the Arranger); and
(iv) approving, executing and delivering any documents which the Arranger, on receiving legal advice from its foreign counsel, requires to be entered into by any member of the Group as a consequence of the syndication of the Facilities to amend or supplement any of the Finance Documents to protect the Finance Parties' rights intended to be afforded all or any of them under such Finance Documents.