Common use of PROVISION OF ADVICE Clause in Contracts

PROVISION OF ADVICE. Each Proposer will upon request of the Issuer provide to the Issuer financial advisory services in relation to the Issuer's business and in particular will: (a) as and when so requested by the Issuer, advise the Issuer of opportunities for the purchase of assets and the sale of Obligations and the making of swap transactions with particular regard to interest rates, currency exposures and currency fluctuations and such other investment factors which the Proposer may consider relevant; (b) as and when so requested by the Issuer, provide general advice and information on interest rates and rates of currency exchange and movements in securities markets and on such other matters as may from time to time be of assistance to the Issuer; and (c) as and when requested by the Issuer use its reasonable endeavours to arrange for a responsible officer of the Proposer to attend at a meeting with representatives of the Issuer to report on services provided by the Proposer pursuant to this Agreement, provided that such Proposer shall not be obliged to provide any advice hereunder unless (a) it is advice of a kind that the Proposer commonly provides to their other clients and (b) the Proposer and the Issuer have agreed in advance on the fee to be paid by the Issuer for such advice.

Appears in 1 contract

Sources: Amendment and Restatement Agreement

PROVISION OF ADVICE. β€Œ Each Proposer will upon request of the Issuer provide to the Issuer financial advisory services in relation to the Issuer's business and in particular will: (a) as and when so requested by the Issuer, advise the Issuer of opportunities for the purchase of assets and the sale of Obligations and the making of swap transactions with particular regard to interest rates, currency exposures and currency fluctuations and such other investment factors which the Proposer may consider relevant; (b) as and when so requested by the Issuer, provide general advice and information on interest rates and rates of currency exchange and movements in securities markets and on such other matters as may from time to time be of assistance to the Issuer; and (c) as and when requested by the Issuer use its reasonable endeavours to arrange for a responsible officer of the Proposer to attend at a meeting with representatives of the Issuer to report on services provided by the Proposer pursuant to this Agreement, provided that such Proposer shall not be obliged to provide any advice hereunder unless (a) it is advice of a kind that the Proposer commonly provides to their other clients and and (b) the Proposer and the Issuer have agreed in advance on the fee to be paid by the Issuer for such advice.

Appears in 1 contract

Sources: Amendment and Restatement Agreement