Presentations. Once in every Financial Year, or more frequently if requested to do so by the Agent if a Lender reasonably suspects a Default is continuing or may have occurred or may occur, at least two directors of the Borrower (one of whom shall be the Chief Financial Officer of the Borrower) must give a presentation to the Finance Parties in London about the on-going business and financial performance of the Group.
Appears in 4 contracts
Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)
Presentations. Once in every Financial Yearfinancial year, or more frequently if requested to do so by the Agent if a Lender the Agent reasonably suspects a Default has occurred and is continuing or may have occurred or may occur, at least two directors of the Borrower (one of whom shall be the Chief Financial Officer of the Borrowerchief financial officer) must give a presentation to the Finance Parties in London about the on-going business and financial performance of the Group.about:
Appears in 3 contracts
Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Agreement (Navios Maritime Holdings Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)
Presentations. Once in every Financial Year, or more frequently if requested to do so by the Agent if a Lender the Agent reasonably suspects a an Event of Default is continuing or may have occurred or may could reasonably be expected to occur, at least two directors of the Borrower (one of whom shall be the Chief Financial Officer of the BorrowerOfficer) must give a presentation upon reasonable notice and at a reasonable time to the Finance Parties in London about the on-going business and financial performance of the Group.
Appears in 2 contracts
Samples: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)
