Common use of Board of Directors Materials Clause in Contracts

Board of Directors Materials. Promptly, such materials and minutes prepared for and distributed in connection with meetings of or actions taken by the directors or managers of the Issuer or the Issuer that are related to the financial condition of the Issuer or any Indebtedness of the Issuer (other than any materials or information that are privileged or are governed by a confidentiality agreement prohibiting the sharing of such information with the Administrative Agent or the Holders, other than any materials or information that directly relate to the Note Purchase Agreement or the other Note Documents or any refinancing thereof, or to the extent that Issuer’s counsel has concluded in good faith that such materials or information could adversely affect the maintenance of the Issuer’s or any Note Party’s attorney client privilege);

Board of Directors Materials. Promptly, such materials and minutes prepared for and distributed in connection with meetings of or actions taken by the directors or managers of the Issuer Parent or the Issuer that are related to the financial condition of the Parent or the Issuer or any Indebtedness of the Parent or the Issuer (other than any materials or information that are privileged or are governed by a confidentiality agreement prohibiting the sharing of such information with the Administrative Agent or the Holders, other than any materials or information that directly relate to the Note Purchase Agreement or the other Note Documents or any refinancing thereof, or to the extent that Issuer’s counsel has concluded in good faith that such materials or information could adversely affect the maintenance of the Issuer’s or any Note Party’s attorney client privilege);