Presentations. (a) Once in every Financial Year, or more frequently if requested to do so by the Agent if an Event of Default is continuing or the annual Budget provided forecasts a breach of financial covenant (such forecast being made on the assumption of a full drawing of the Facility), the CFO (or if the CFO is not available, another member of senior management of the Group nominated by the Company) must, as soon as reasonably practicable and no later than 10 Business Days following a request to do so, give a presentation (which may be, at the election of the Company, by teleconference) to the Finance Parties about the on-going business and financial performance of the Group. (b) The Company will invite the Lenders to the quarterly and all other public calls held for holders of any of the Senior Secured Notes and give the Lenders reasonable notice of such calls provided that no Lender (or any other Financial Party) may speak during such calls other than to register their attendance.
Appears in 4 contracts
Samples: Amendment and Restatement Agreement (Nord Anglia Education, Inc.), Senior Revolving Facility Agreement (Nord Anglia Education, Inc.), Amendment and Restatement Agreement (Nord Anglia Education, Inc.)
Presentations. (a) Once in every Financial Year, or more frequently if requested to do so by the Agent if an Event of Default is continuing or the annual Budget provided forecasts a breach of financial covenant (such forecast being made on the assumption of a full drawing of the Facility), the CFO (or if the CFO is not available, another member of senior management of the Group nominated by the Company) must, as soon as reasonably practicable and no later than 10 Business Days following a request to do so, give a presentation (which may be, at the election of the Company, by teleconference) to the Finance Parties about the on-going business and financial performance of the Group.
(b) The Company will invite the Lenders to the quarterly and all other public calls held for holders of any of the Senior Secured Notes or the Lenders under (and as defined in) the SSRCF and give the Lenders reasonable notice of such calls provided that no Lender (or any other Financial Party) may speak during such calls other than to register their attendance.
Appears in 2 contracts
Samples: Revolving Facility Agreement (Nord Anglia Education, Inc.), Revolving Facility Agreement (Nord Anglia Education, Inc.)
