Common use of Review of Operations Clause in Contracts

Review of Operations. At least quarterly, meet or confer with Lender to fully review Borrower's operations, budgets and strategic plans, to provide Lender with advance notice (i) if, in any given fiscal year, legal fees of the Borrower expected to exceed $500,000.00, (ii) the occurrence of any event involving the Borrower, which has occurred outside of the Borrower's ordinary course of business, including, by way of example and not limitation, any extraordinary or material events.