Identification of Qualified Investment Opportunities; Due Diligence Clause Samples
The 'Identification of Qualified Investment Opportunities; Due Diligence' clause defines the process by which potential investments are selected and evaluated for suitability. It typically outlines the criteria that must be met for an investment to be considered 'qualified,' such as financial stability, compliance with regulations, or alignment with investment objectives, and describes the due diligence procedures required, like background checks, financial analysis, or legal review. This clause ensures that only vetted and appropriate opportunities are pursued, thereby reducing risk and promoting informed decision-making for all parties involved.
Identification of Qualified Investment Opportunities; Due Diligence. (a) From the Effective Date through the Termination Date, Servicing will use commercially reasonable efforts to identify and present to Värde Qualified Investment Opportunities.
(b) With respect to Qualified Investment Opportunities that are subject to an accepted Transaction Notice, Servicing agrees to conduct due diligence with respect to the subject Qualified Investment Opportunity for the benefit of FC Diversified, Värde (but subject to Section 2.2(b)) and the respective Acquisition Entity in a diligent manner. Such due diligence duty shall include such responsible investigation as FC Diversified and Värde shall deem appropriate to satisfy the investment objectives of FC Diversified and Värde, as shall be expressed from time to time. Servicing shall make available sufficient personnel having appropriate training, skill and experience to conduct and direct all such due diligence on Qualified Investment Opportunities. Servicing shall cause any material information available to Servicing with respect to such Qualified Investment Opportunities to be made available to the other Parties on a timely basis and each Party shall make any due diligence findings by such Party with respect to such Qualified Investment Opportunities available to the other Parties on a timely basis.