Common use of Up Reviews Clause in Contracts

Up Reviews. A follow-up review shall commence no later than one hundred and eighty (180) calendar days after the issuance of the first report (unless otherwise agreed by the Companies, the Monitor, the Fraud Section, and the Office). The Monitor shall issue a written follow-up (“second”) report within one hundred twenty (120) calendar days of commencing the second review, setting forth the Monitor’s assessment and, if necessary, making recommendations in the same fashion as set forth in Paragraph 12 with respect to the first review. After consultation with the Companies, the Monitor may extend the time period for issuance of the second report for a brief period of time with prior written approval of t the Fraud Section and the Office.

Up Reviews. A follow-up (“second”) review shall commence no later than one hundred and eighty (180) 180 calendar days after the issuance of the first report (unless otherwise agreed by the CompaniesDefendant, the Monitor, the Fraud Section, and the Office). The Monitor shall issue a written follow-up (“second”) second report within one hundred twenty (120) 120 calendar days of commencing the second review, setting forth the Monitor’s assessment and, if necessary, making recommendations in the same fashion as set forth in Paragraph 12 with respect to the first review. After consultation with the CompaniesDefendant, the Monitor may extend the time period for issuance of the second report for a brief period of time with prior written approval of t the Fraud Section and the Office.