Weekly Calls Clause Samples

Weekly Calls. From and after the Effective Date, the Issuer shall hold, at the request of the Holders and the Holder Advisors, no less frequently than weekly conference calls, which calls shall be attended by the Issuer’s financial advisor and investment banker (and which may otherwise be, but is not required to be, attended by the Issuer’s management), to discuss the matters set forth in Section 3.01 and 3.06 and any updates with respect to any assets or other sale process.

Weekly Calls. Host a telephonic conference call for the Agent’s Advisors once per week during the Waiver Period, starting on May 1, 2023, to provide the Lenders with any material updates with respect to the progress of the prospective California Medicare Advantage Disposition.

Weekly Calls. PALMSOURCE and ASA shall participate in weekly calls to discuss the status of the SERVICES and to review the TARGET COMPLETION DATE.

Weekly Calls. Commencing after engagement of the Financial Advisor,Administrative Borrower shall cause the Financial Advisor to participate in weekly conference calls with Agent, Revolving Agent and any other advisors requested by either Agent or Revolving Agent during which the Financial Advisor shall deliver an update on the Loan Parties’ liquidity and operations. Such calls shall be held at a time acceptable to Agent, Revolving Agent and the Financial Advisor.

Weekly Calls. The Borrower and its advisors will continue to conduct weekly update calls with the Administrative Agent and its advisors at reasonable times to be mutually agreed.

Weekly Calls. (i) Starting on May 1, 2023, host a telephonic conference call for the Agent’s Advisors once per week from the Amended and Restated Waiver Effective Date through the date of this Waiver, to provide the Lenders with any material updates with respect to the progress of the California Medicare Advantage Disposition. (ii) Starting on July 1, 2023, host a telephonic conference call for the Agent’s Advisors once per week during the remainder of the Waiver Period to provide the Lenders with updates with respect to (1) any material updates with respect to the progress of the California Medicare Advantage Disposition, (2) any discussions or agreements with regulators or any other regulatory actions and (3) any other strategic alternatives the Company is pursuing.

Weekly Calls. If requested by the Lenders, appropriate members of management of the Borrower will participate in weekly conference calls upon reasonable advance notice and at mutually agreed times pursuant to which management will deliver updates and reports including but not limited to (a) the Loan Parties' liquidity, (b) the Loan Parties' most recent 26-week cash flow forecast and variance analysis, including risks to the forecast and updates on the status of significant accounts receivable, (c) current accounts receivable and payable agings of the Loan Parties including top 20 consolidated accounts and a report on inventory balances by business and, (d) Loan Parties' operations, including management’s plans for operational rationalization, on-going strategic alternatives processes and the financial performance of each business unit, (e) the contract procurement status of the Loan Parties’ key customers and (f) updates on the implementation and the effectiveness and results of the Transformation Plan. In addition, if requested by the Lenders, the Borrower agrees to keep the Lenders reasonably informed of the status of any calls provided to the lenders pursuant to Section 5.21 of the Senior Credit Agreement.

Weekly Calls. Borrower shall cause one of its Responsible Officers to participate in (x) weekly conference calls starting after the date hereofThird Amendment Effective Date with Administrative Agent, ABL Lender and any other advisors (including, after its engagement, the Financial Advisor) requested by either Administrative Agent or the ABL Lender during which the Borrower shall deliver an update on the Borrower’s liquidity and operations and (y) bi-weekly conference calls starting after November 1, 2024 with Administrative Agent, ABL Lender, the Financial Advisor and any other advisors requested by either Administrative Agent or the ABL Lender during which the Borrower shall deliver an update on the Borrower’s liquidity and operationsReplacement Transaction. Such calls shall be held at a time acceptable to Borrower, Administrative Agent, the ABL Lender, the Financial Advisor and such other advisors; provided, that if Borrower uses commercially reasonable efforts to schedule a call but Administrative Agent, the ABL Lender, the Financial Advisor or such other advisors are not available, such period shall automatically be extended until Administrative Agent, the ABL Lender, Borrower, the Financial Advisor and such other advisors are available.

Weekly Calls. Administrative Borrower shall cause the Financial Advisor to participate in weekly conference calls with Administrative Borrower, Agent, Revolving Agent and any other advisors requested by either Agent or Revolving Agent during which the Financial Advisor and management of the Administrative Borrower shall deliver updates and reports including but not limited to (a) the Loan Parties' liquidity, (b) the Loan Parties' most recent 26-week cash flow forecast and variance analysis, including risks to the forecast and updates on the status of significant accounts receivable, (c) current accounts receivable and payable agings of the Loan Parties including top 20 consolidated accounts and a report on inventory balances by business and, (d) Loan Parties' operations, including management’s plans for operational rationalization, on-going strategic alternatives processes and the financial performance of each business unit, (e) the contract procurement status of the Loan Parties' key customers and (f) updates on the implementation and the effectiveness and results of the Transformation Plan. Such calls shall be held at a time acceptable to Agent, Revolving Agent and the Financial Advisor.