Common use of Board Materials Clause in Contracts

Board Materials. Within five (5) Business Days after a meeting of Borrower Representative’s Board or any committee or subcommittee thereof or advisory board, copies of all materials that Borrower Representative provides to its Board or such committee or subcommittee or advisory board in connection with meetings thereof, including any reports with respect to Borrowers’ operations or performance, and promptly after such meeting, minutes of such meetings; provided, however, the foregoing may be subject to such exclusions and redactions as necessary in order to (A) preserve the confidentiality of highly sensitive proprietary information, or (B) prevent impairment of the attorney client privilege.

Board Materials. Within five (5) Business Days after a meeting it gives to the members of Borrower Representative’s Board or any committee or subcommittee thereof or advisory board, copies of all materials that Borrower Representative provides to its Board or such committee or subcommittee or advisory board in connection with meetings thereof, including any reports with respect to BorrowersLoan Parties’ operations or performance, and promptly when available after such meeting, minutes of such meetings; provided, however, the foregoing may be subject to such exclusions and redactions as necessary in order to (A) preserve the confidentiality of highly sensitive proprietary informationor personal information or highly sensitive information related to potential strategic transactions, or (B) prevent impairment of the attorney client privilegeprivilege with respect to pending or threatened litigation, or (C) in the event of a conflict of interest between a Loan Party and a Lender or the Administrative Agent.