Consultant for Chattanooga, Tennessee Sample Clauses

Consultant for Chattanooga, Tennessee. On or prior to June 30, 2015, the Borrower shall engage (at the Borrower’s expense) a third-party consultant acceptable to the Administrative Agent (the “Consultant”) to (x) inspect the Chattanooga Plant, (y) conduct an operational assessment of the Chattanooga Plant and (z) discuss the affairs, finances and business of the Chattanooga Plant with any officer or director of the Borrower and its Subsidiaries. The Borrower and its Subsidiaries may place reasonable limits on the Consultant’s access to information which is proprietary or constitutes trade secrets and need not disclose to the Consultant any information that would violate a confidentiality agreement entered into by the Borrower or such Subsidiary with any unrelated third-party on an arm’s length basis and in good faith. The engagement letter between the Borrower and the Consultant shall be in form and substance reasonably satisfactory to the Administrative Agent. The Borrower shall require the Consultant to prepare a written report which shall include (i) the results of such inspection and operational assessment of the Chattanooga Plant and (ii) the Consultant’s conclusions and recommendations in connection therewith. The Borrower shall authorize and direct the Consultant to disclose to the Administrative Agent and the Lenders such written report generated by the Consultant in connection with the foregoing.
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