Common use of Update Calls Clause in Contracts

Update Calls. As and when requested by the Administrative Agent (but no more frequently than once per month) at such times as the Borrower and the Administrative Agent shall agree, the Borrower shall host a conference call (with a question and answer period) with the chief financial officer of the Borrower and such other members of senior management of the Borrower as the Borrower deems appropriate and the Administrative Agent and the Lenders and their respective representatives and advisors to discuss the performance of the business, strategic alternatives and other issues as the Administrative Agent may reasonably request.

Update Calls. As and when requested Promptly following the reasonable request by the Administrative Agent (but no more frequently than once per month) at such times as the Borrower and the Administrative Agent shall agreeagree (and at least once per calendar month), the Borrower shall host a conference call (with a question and answer period) with the chief financial officer of the Borrower and such other members of senior management of the Borrower as the Borrower deems and Administrative Agent deem appropriate and the Administrative Agent and the Lenders and their respective representatives and advisors to discuss the performance of the business, strategic alternatives and other issues as the Administrative Agent may reasonably request.