Quarterly Update Calls Clause Samples
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Quarterly Update Calls. The Company will, promptly following the delivery of Financial Statements under Section 4.05 (“Reporting”), participate in a meeting or conference call with the Trustee and the Holders; provided that the foregoing requirement may be satisfied by public earnings calls for all shareholders that are open to the Trustee and the Holders. At any time that the Company is not subject to the reporting requirements of Section 13 and 15(d) of the Exchange Act, any Person who attends such conference call with the Company will be required to represent to and agree with the Company (and by attending such conference call, such person will be deemed to have represented and agreed with the Company) to clauses (1) through (6) of Section 4.05(d).
Quarterly Update Calls. The Borrower shall have a periodic update call with the Administrative Agent and the Banks within 45 days after the last Business Day of each fiscal quarter of the Borrower (or at another time reasonably requested by the Administrative Agent) to discuss matters reasonably requested by the Administrative Agent and the Banks including but not limited to progress updates on the Borrower’s strategic alternatives.
(z) Section 5.20 of the Credit Agreement is hereby added in its entirety to read as follows:
Quarterly Update Calls. Within fifteen (15) Business Days following each release by Holdings of its quarterly earnings report, or more frequently as may be reasonably requested by Agent, Holdings shall host an update call with Agent and not less than three (3) Business Days prior to the scheduled date for each such call Holdings shall issue to Agent a comparison of actual results to the projections delivered to Agent pursuant to Section 10.1.2(h) for such period.
Quarterly Update Calls. The Borrower will, promptly following the delivery of financial statements under Section 5.2(a) or (b), participate in a meeting or conference call with the Administrative Agent and Lenders at such time as may be agreed to by the Borrower and the Administrative Agent; provided that the foregoing requirement may be satisfied by public earnings calls for all shareholders that are open to the Administrative Agent and the Lenders.
Quarterly Update Calls. The Company shall have a periodic update call with the Holders within 45 days after the last Business Day of each fiscal quarter of the Company (or at another time reasonably requested by the Required Holder(s)) to discuss matters reasonably requested by the Required Holder(s) including but not limited to progress updates on the Company’s strategic alternatives.”