Information about the Borrower. The Borrower is not required to provide the Lender with information about its business or the identity and status of employees and others acting on its behalf with whom the Lender will have contact.
Information about the Borrower. The Borrower is a company incorporated under the laws of the British Virgin Islands and a wholly-owned subsidiary of Yota. It is principally engaged in the licensing of intellectual property rights for use in developing any connectivity devices and ancillary products. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, save for the fact that the Borrower is a wholly-owned subsidiary of Yota, which is an associated company of the Company, the Borrower and its ultimate beneficial owner are independent third parties and not connected with the Company or connected persons of the Company.
Information about the Borrower. 11.1 As long as the borrower is indebted in any way to the lender, the borrower shall furnish the lender with all audited financial statements of the borrower and/or with such other management accounts or information in respect of the borrower as may be required by the lender from time to time.
