Common use of IFC Policy Reporting Covenants Clause in Contracts

IFC Policy Reporting Covenants. (a) The Company shall promptly notify IFC upon becoming aware of any: (i) litigation or investigations or proceedings against the Company or any of its Subsidiaries which have or may reasonably be expected to have a Material Adverse Effect; or (ii) any criminal investigations or proceedings against the Company or any director or officer of the Company, and any such notification shall specify the nature of the action or proceeding and any steps that the Company proposes to take in response to the same.

IFC Policy Reporting Covenants. (a) The Company shall promptly notify IFC upon becoming aware of any: (i) litigation or investigations or proceedings against the Company or any of its Subsidiaries which have or may reasonably be expected to have a Material Adverse Effect; or (ii) any criminal investigations or proceedings against the Company or any director or officer Affiliate of the Company, and any such notification shall specify the nature of the action or proceeding and any steps that the Company proposes to take in response to the same.

IFC Policy Reporting Covenants. (a) The Company shall promptly notify IFC upon becoming aware of any: (i) litigation or investigations or proceedings against the Company or any of its Subsidiaries which have or may reasonably be expected to have a Material Adverse Effect; or (ii) any criminal investigations or proceedings against the Company or any director or officer of the CompanyRelated Party, and any such notification shall specify the nature of the action or proceeding and any steps that the Company proposes to take in response to the same.

IFC Policy Reporting Covenants. (ai) The Company shall promptly notify IFC upon becoming aware of any: (iA) litigation or investigations or proceedings against the Company or any of its Subsidiaries which have or may reasonably be expected to have a Material Adverse Effect; or (iiB) any criminal investigations or proceedings against the Company Company, or any director Key Subsidiary or officer of the Companyany Related Party, and any such notification shall specify the nature of the action or proceeding and any steps that the Company proposes to take in response to the same.