Industry Consultant Clause Samples
The 'Industry Consultant' clause defines the role, responsibilities, and engagement terms of a consultant with specialized expertise in a particular industry. Typically, this clause outlines the scope of services the consultant will provide, such as offering strategic advice, conducting market analysis, or facilitating industry-specific projects, and may specify deliverables, timelines, and compensation. Its core function is to clearly establish the expectations and boundaries of the consultant's involvement, ensuring both parties understand the consultant's contributions and reducing the risk of misunderstandings regarding their role.
Industry Consultant. The Borrower hereby agrees to pay and reimburse all reasonable and documented fees and expenses when due of one industry consultant with substantial experience and knowledge as to the operation of the cloud services and communication services retained by the Requisite Lenders.
Industry Consultant. The Company hereby acknowledges and agrees that the Administrative Agent shall not later than February 15, 2022, engage an industry consultant (the “Industry Consultant”) satisfactory to Administrative Agent, to consult with the Company and its Subsidiaries regarding, among other things, integration strategy, future acquisitions, operating performance, and various business issues. The Company agrees that it shall pay all costs, fees and expenses of such Industry Consultant from time to time.
Industry Consultant. Permit the Required Lenders to retain and appoint an industry consultant at any time at the sole cost and expense of the Loan Parties. At any time after the Required Lenders have retained and appointed such an industry consultant, the Loan Parties shall provide such industry consultant with unfettered access in order to, among other things, examine and make copies of and abstracts from their records and books of account, to visit and inspect their properties, to verify materials, leases, notes, accounts receivable, deposit accounts and their other assets, to conduct audits, physical counts, valuations, appraisals and to discuss their affairs, finances and accounts (and share observations and suggestions) with any of their directors, committees and sub-committees of the Board of Directors of the Parent, officers, managerial employees, independent accountants or any of their other representatives.”
(s) Section 7.01
