Common use of Status Meetings Clause in Contracts

Status Meetings. In furtherance of the covenants set forth in this Agreement, representatives of each of Dynegy, IPC and Purchaser shall meet: (a) no less frequently than once each week, in person or by conference telephone: (i) to discuss all filings with Governmental Authorities made or to be made in connection herewith and undertakings, terms and conditions relating thereto; (ii) to discuss costs incurred or committed to be incurred, concessions made, undertakings required and other actions or tasks relating to the approvals and consents required hereunder; and (iii) to discuss regulatory and legislative plans and strategies; and (b) subject to applicable Law, upon the request of Dynegy or Purchaser for a meeting (for which reasonable advance notice will be provided), either in person or by conference telephone, to discuss (i) financial results (including budget to actual analysis); (ii) capital project progress; (iii) actions to be taken or not to be taken or considered in current or potential regulatory proceedings; (iv) integration coordination; and (v) actions to be taken or not to be taken or considered in furtherance of the provisions of this Agreement.

Status Meetings. In furtherance of the covenants set forth in this Agreement, representatives of each of Dynegy, IPC and Purchaser shall meet: (a) no less frequently than once each week, in person or by conference telephone: (i) to discuss all filings with Governmental Authorities made or to be made in connection herewith here- with and undertakings, terms and conditions relating thereto; (ii) to discuss costs incurred or committed to be incurred, concessions made, undertakings required and other actions or tasks relating to the approvals and consents required hereunder; and (iii) to discuss regulatory and legislative plans and strategies; and (b) subject to applicable Law, upon the request of Dynegy or Purchaser for a meeting (for which reasonable advance notice will be provided), either in person or by conference telephone, to discuss (i) financial results (including budget to actual analysis); (ii) capital project progress; (iii) actions to be taken or not to be taken or considered in current or potential poten- tial regulatory proceedings; (iv) integration coordination; and (v) actions to be taken or not to be taken or considered in furtherance of the provisions of this Agreement.