Common use of Management Discussions Clause in Contracts

Management Discussions. The Company shall cause its senior management team, and use its commercially reasonable efforts to cause M▇▇▇▇▇ Buckfire & Co., LLC (“M▇▇▇▇▇ Buckfire”) and other appropriate legal advisors, to discuss (at the option of the Company, in person or telephonically), on a bi-weekly basis during regular business hours and for reasonable durational periods, with the Agent, its legal advisor and Moelis and Company (“Moelis”) and such other professional advisors retained from time to time by the Agent, and the Lenders identified to the Company as the steering committee (the “Steering Committee”), the ongoing financial performance, operations and liquidity of the Company.” (ii) amending and restating clause “(l)” thereof in its entirety to read as follows:

Appears in 1 contract

Sources: Forbearance Agreement (Simmons Co)

Management Discussions. The Company shall cause its senior management team, and use its commercially reasonable efforts to cause M▇▇▇▇▇ Buckfire & Co., LLC (“M▇▇▇▇▇ Buckfire”) and other appropriate legal advisors, to discuss (at the option of the Company, in person or telephonically), on a bi-weekly basis during regular business hours and for reasonable durational periods, with the Agent, its legal advisor and Moelis and Company (“Moelis”) and such other professional advisors retained from time to time by the Agent, and the Lenders identified to the Company as the steering committee (the “Steering Committee”), the ongoing financial performance, operations and liquidity of the Company.” (ii) amending and restating clause “(l)” thereof in its entirety to read as follows:

Appears in 1 contract

Sources: Forbearance Agreement; Credit and Guaranty Agreement; Pledge and Security Agreement (Simmons Co)