Follow-Up Notice. If the Payments Administrator is not requested to conduct the delivery of certain payment related materials to the Securityholders as contemplated by Section 4(a) above, Buyer shall, or shall cause the Company to, provide to the Payments Administrator and the Representative a list of mailings to the Securityholders that were sent by Buyer or the Company or their respective attorneys or agents and that have been returned as undeliverable. On or about the date that is three months following the date of this Agreement, the Payments Administrator shall provide to the Representative a list of all Securityholders who have not yet become a Tendering Securityholder in accordance with the requirements herein. The Representative will use its good faith efforts, with such cooperation from the Payments Administrator and Buyer as may reasonably be requested, to attempt to locate such Securityholders. With respect to any Securityholders that are so located, the Payments Administrator shall attempt to deliver a follow-up notice (including the same materials as contemplated in Section 4(a) above) to each such located Securityholder at the updated contact information provided by the Representative. With respect to any Securityholders that are not Tendering Securityholders as of the date that is nine (9) months following the Effective Date, the Payments Administrator shall use its standard processes to attempt to locate such Securityholders.
Follow-Up Notice. Forty-Five (45) days after Settlement Notice Date, the Settlement Administrator will: (1) email the Claims-Made Class Follow-Up Email Notice to each person on the Claims-Made Class List who has not yet returned a Claim Form and whose email address is identified in the Class List Contact Information; and (2) send the Claims-Made Class Follow-Up Text Notice to each person on the Claims-Made Class List who has not yet returned a Claim Form and whose phone number is identified in the Class List Contact Information.
Follow-Up Notice. For the purpose of the Buyer’s monitoring of the conduct of Redentor’s business, the Sellers are required to submit, upon written request by the Buyer and within 15 (fifteen) days from the receipt of the Buyer’s request by the Sellers, information on the following: (i) the number of students enrolled per unit per academic year; (ii) the individual gross revenue and net revenue of Redentor and SER, in the latter case after completion of the Reorganization; and (iii) Claims or audits in progress at the time of the notice provided for herein. The Parties hereby agree that, notwithstanding the provisions of this Clause, the Buyer shall have no power of intervention or administration at Redentor during the Transition Period, and that Buyer’s access to Redentor’s information and documents shall be within the limit strictly necessary to negotiate the operation covered by this Agreement. The Parties acknowledge that they will not exchange sensitive information and that the Buyer, on the one side, and the Sellers and Redentor, on the other, shall remain fully independent. The Buyer will not directly or indirectly exercise any influence over Redentor’s business management until the Closing Date.
