Annual Presentation. Once in every Financial Year commencing with the Financial Year ending 31 December 2006, Bidco will procure that at least two executive directors of Bidco (or Bidco and, prior to any Permitted Disposal of the LOI Furnaces Group, Newco Furnaces Germany) (one of whom shall be the financial officer) shall give a single presentation to the Senior Finance Parties, at a time and venue agreed with the Facility Agent, about the financial performance of the Group, provided that such annual presentation shall only address the financial performance of the Group with respect to the previous Financial Year and shall not deal with any future or projected financial performance of the Group.
Appears in 2 contracts
Sources: Loan Agreement (Elster Group SE), Loan Agreement (Elster Group SE)