Common use of Investor Right to Investigate an Event of Default Clause in Contracts

Investor Right to Investigate an Event of Default. If in the reasonable opinion of the Requisite Holder, an Event of Default has occurred, or is or may be continuing: (a) the Requisite Holder may notify the Company that it wishes to investigate such purported Event of Default; (b) the Company shall cooperate with the Requisite Holder in such investigation; (c) the Company shall comply with all reasonable requests made by the Requisite Holder to the Company in connection with any investigation by the Requisite Holder and shall (i) provide all information requested by the Requisite Holder in relation to the Event of Default to the Requisite Holder; provided that the Requisite Holder agrees that any materially price sensitive information and/or non-public information will be subject to confidentiality, and (ii) provide all such requested information within three (3) Business Days of such request.; and (d) the Company shall pay all reasonable costs incurred by the Requisite Holder in connection with any such investigation.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Nature's Miracle Holding Inc.), Securities Purchase Agreement (Crown LNG Holdings LTD), Securities Purchase Agreement (Catcha Investment Corp)

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Investor Right to Investigate an Event of Default. If in the reasonable opinion of the Requisite Holder, an Event of Default has occurred, or is or may be continuing: (a) the Requisite Holder may notify the Company that it wishes to investigate such purported Event of Default; (b) the Company shall cooperate with the Requisite Holder in such investigation; (c) the Company shall comply with all reasonable requests made by the Requisite Holder to the Company in connection with any investigation by the Requisite Holder and shall (i) provide all information requested by the Requisite Holder in relation to the Event of Default to the Requisite Holder; provided that the Requisite Holder agrees that any materially price sensitive information and/or non-public information will be subject to confidentiality, and (ii) provide all such requested information within three (3) Business Days of such request.; and (d) the Company shall pay all reasonable out-of-pocket costs incurred by the Requisite Holder in connection with any such investigation.

Appears in 2 contracts

Samples: Securities Purchase Agreement (OneMedNet Corp), Securities Purchase Agreement (OneMedNet Corp)

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Investor Right to Investigate an Event of Default. If in the reasonable opinion of the Requisite HolderHolders, an Event of Default has occurred, or is or may be continuing: (a) the Requisite Holder Holders may notify the Company that it wishes they wish to investigate such purported Event of Default; (b) the Company shall cooperate with the Requisite Holder Holders in such investigation; (c) the Company shall comply with all reasonable requests made by the Requisite Holder Holders to the Company in connection with any investigation by the Requisite Holder Holders and shall (i) provide all information requested by the Requisite Holder Holders in relation to the Event of Default to the Requisite HolderHolders; provided that the Requisite Holder agrees Holders agree that any materially price sensitive information and/or non-public information will be subject to confidentiality, and (ii) provide all such requested information within three (3) Business Days of such request.; and (d) the Company shall pay all reasonable costs incurred by the Requisite Holder Holders in connection with any such investigation.

Appears in 1 contract

Samples: Securities Purchase Agreement (Indonesia Energy Corp LTD)

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