Visits by the Bank. Each Borrower shall allow persons designated by the Bank, as well as persons designated by other institutions or bodies of the European Union when so required by the relevant mandatory provisions of European Union law,
(a) to visit the sites, installations and works comprising the Project,
(b) to interview representatives of that Borrower, and not obstruct contacts with any other person involved in or affected by the Project; and
(c) to review that Borrower’s books and records in relation to the execution of the Project and to be able to take copies of related documents to the extent permitted by the law. Each Borrower shall provide the Bank, or ensure that the Bank is provided, with all necessary assistance for the purposes described in this Article. Each Borrower acknowledges that the Bank may be obliged to communicate information relating to any of the Borrowers and the Project to any competent institution or body of the European Union in accordance with the relevant mandatory provisions of European Union law.
Visits by the Bank. (a) The Borrower shall allow persons designated by the Bank and, when either required by the relevant mandatory provisions of EU law or pursuant to the EFSI Regulation, the competent EU institutions including the European Court of Auditors, the Commission, the European Anti-Fraud Office, as well as persons designated by the foregoing:
(i) to visit the sites, installations and works comprising the Investment;
(ii) to interview representatives of the Borrower, and not obstruct contacts with any other person involved in or affected by the Investment; and
(iii) to conduct such on the spot audits and checks as they may wish and review the Borrower's books and records in relation to the execution of the Investment and to be able to take copies of related documents to the extent not prohibited by the law.
(b) The Borrower shall provide the Bank, or ensure that the Bank is provided, with all necessary assistance for the purposes described in this Article. \\1076678 0000-0000-0000 v7 Hogan Lovells
(c) In the case of a genuine allegation, complaint or information with regard to Illegal Activities related to the Loan and/or the Investment, the Borrower shall consult with the Bank in good faith regarding appropriate actions. In particular, if it is proven that a third party committed Illegal Activities in connection with the Loan and/or the Investment with the result that the Loan or the EFSI financing were misapplied, the Bank may, without prejudice to the other provisions of this Contract, inform the Borrower if, in its view, the Borrower should take appropriate recovery measures against such third party. In any such case, the Borrower shall in good faith consider the Bank's views and keep the Bank informed.
Visits by the Bank. (a) The Borrower shall allow persons designated by the Bank and, when either required by the relevant mandatory provisions of EU law or pursuant to the EFSI Regulation, the competent EU institutions including the European Court of Auditors, the Commission, the European Anti-Fraud Office, as well as persons designated by the foregoing: (i) to visit the sites, installations and works comprising the Investment; (ii) to interview representatives of the Borrower, and not obstruct contacts with any other person involved in or affected by the Investment; and (iii) to conduct such on the spot audits and checks as they may wish and review the Borrower's books and records in relation to the execution of the Investment and to be able to take copies of related documents to the extent not prohibited by the law.
Visits by the Bank. (a) The Borrower shall allow persons designated by the Bank, as well as persons designated by other institutions or bodies of the European Union when so required by the relevant mandatory provisions of European Union law or pursuant to the Horizon 2020 Legal Basis, other competent EU institutions including the European Court of Auditors, the Commission, the European Anti-Fraud Office, the European Public Prosecutor’s Office as well as persons designated by the foregoing;
(i) to visit the Property, sites, installations and works comprising the Investment;
(ii) to interview representatives of the Borrower and each of its Subsidiaries that is an Obligor, and not obstruct contacts with any other person involved in or affected by the Investment; and
(iii) to conduct such investigations, inspections, on the spot audits and checks as they may wish and review the books and records of the Borrower and each of its Subsidiaries that is an Obligor in relation to the execution of the Investment and to be able to take copies of related documents to the extent not prohibited by the law.
(b) The Borrower shall, and shall ensure that each of its Subsidiaries which is an Obligor shall, provide the Bank, or ensure that the Bank is provided, with all necessary assistance for the purposes described in this Paragraph 3 (Visits by the Bank).
(c) In the case of a genuine allegation, complaint or information with regard to Criminal Offences related to the Loan and/or the Investment, the Borrower shall consult with the Bank in good faith regarding appropriate actions. In particular, if it is proven that a third party committed Criminal Offences in connection with the Loan and/or the Investment with the result that the Loan or the financing under the Horizon 2020 Framework EU Programme were misapplied, the Bank may, without prejudice to the other provisions of this Contract, inform the Borrower if, in its view, the Borrower should take appropriate recovery measures against such third party. In any such case, the Borrower shall in good faith consider the Bank’s views and keep the Bank informed.
Visits by the Bank. The Guarantor shall allow the Bank and, when either required by the relevant mandatory provisions of EU law or pursuant to the EFSI Regulation, the competent European Union institutions including the European Court of Auditors, the Commission, the European Anti-Fraud Office, as well as persons designated by the foregoing:
(a) to visit the sites, installations and works comprising the Project;
(b) to interview representatives of the Guarantor, and not obstruct contacts with any other person involved in or affected by the Project; and
(c) to conduct on the spot audits and checks as they may wish and to review the Guarantor’s books and records in relation to the execution of the Project and to be able to take copies of related documents to the extent permitted by the law. The Guarantor shall provide the Bank, or ensure that the Bank is provided, with all necessary assistance and information for the purposes described in this Article. In the case of a genuine allegation, complaint or information with regard to Illegal Activities related to the Loan and/or the Project, the Guarantor shall consult with the Bank in good faith regarding appropriate actions. In particular, if it is proven that a third party committed Illegal Activities in connection with the Loan and/or the Project with the result that the Loan or the EFSI financing were misapplied, the Bank may, without prejudice to the other provisions of this Guarantee, inform the Guarantor if, in its view, the Guarantor should take appropriate recovery measures against such third party. In any such case, the Guarantor shall in good faith consider the Bank’s views and keep the Bank informed.
Visits by the Bank. Each Borrower shall, and shall procure that each of the Subsidiaries carrying out any part of the Project will, allow persons designated by the Bank, as well as persons designated by other EU institutions or bodies when so required by the relevant mandatory provisions of EU law, to visit the sites, installations and works comprising the Project and to conduct such checks as they may wish, and shall provide them, or ensure that they are provided, with all necessary assistance for this purpose. Each Borrower acknowledges that the Bank may be obliged to divulge such information relating to it as Borrower and the Project to any competent EU institution or body in accordance with the relevant mandatory provisions of EU law.
Visits by the Bank. The Borrower shall allow persons designated by the Bank to visit the sites, installations and works comprising the Project and to conduct such checks as they may wish, and shall provide them, or ensure that they are provided, with all necessary assistance for this purpose. The Borrower shall allow persons designated by the Bank, as well as persons designated by other European Community institutions or bodies when so required by the relevant mandatory provisions of European Community law, to visit the sites, installations and works comprising the Project and to conduct such checks as they may wish, and shall provide them, or ensure that they are provided, with all necessary assistance for this purpose. The Borrower acknowledges that the Bank may be obliged to divulge such information relating to the Borrower and the Project to any competent European Community institution or body in accordance with the relevant mandatory provisions of European Community law.
Visits by the Bank. The Borrower shall allow, and shall procure that the Final Beneficiaries allow, persons designated by the Bank, as well as persons designated by other institutions or bodies of the European Union when so required by the relevant mandatory provisions of European Union law:
(a) to visit the sites, installations and works comprising the Project;
(b) to interview representatives of the Borrower and/or the Final Beneficiary, and not obstruct contacts with any other person involved in or affected by the Project; and
(c) to review the Borrower’s and/or the Final Beneficiary’s books and records in relation to the execution of the Project and to be able to take copies of related documents to the extent permitted by law. The Borrower shall provide the Bank, or ensure that the Bank is provided, with all necessary assistance for the purposes described in this Article. The Borrower acknowledges that the Bank may be obliged to communicate information relating to the Borrower, the Final Beneficiaries and the Project to any competent institution or body of the European Union in accordance with the relevant mandatory provisions of European Union law.
Visits by the Bank. (a) The Guarantor shall, and shall procure that each Obligor shall, allow the Bank and, when either required by the relevant mandatory provisions of EU law or pursuant to the InvestEU Regulation the competent EU institutions including the European Court of Auditors, the European Commission, the European Anti-Fraud Office, the European Public Prosecutor’s Office as well as persons designated by the foregoing (each a “Relevant Party”):
(i) to visit the sites, installations and works controlled by the Obligors comprising the Investment;
(ii) to interview executive representatives of each Obligor, and not obstruct contacts with any other person involved in or affected by the Investment; and
(iii) to conduct such investigations, inspections, on the spot audits and checks as they may wish and review the Obligors’ books and records in relation to the execution of the Investment and to be able to take copies of related documents to the extent not prohibited by the law.
(b) The Guarantor shall, and shall procure that each Obligor shall, provide the Bank and any Relevant Party is provided, with all necessary assistance for the purposes described in this Clause 9.2, including access to information, facilities and documentation for the purposes described in this Clause 9.2.
(c) In the case of a genuine allegation, complaint or information with regard to Illegal Activities related to the Group, Loan and/or the Investment, the Guarantor shall, and shall procure that each Obligor shall, consult with the Bank in good faith regarding appropriate actions. In particular, if it is proven that a third party committed Illegal Activities in connection with the Loan and/or the Investment with the result that the Loan was misapplied, the Bank may, without prejudice to the other provisions of the Finance Documents, inform the Guarantor if, in its view, the Guarantor should take appropriate recovery measures against such third party. In any such case, the Guarantor shall in good faith consider the Bank’s views and keep the Bank informed.
Visits by the Bank. (a) Each Obligor shall allow the Bank and, when either required by the relevant mandatory provisions of EU law or pursuant to the H2020 Legal Basis, as applicable, the European Court of Auditors, the Commission, the European Anti-Fraud Office, and the European Public Prosecutor’s Office, as well as persons designated by the foregoing: [****] This symbol identifies certain confidential information contained in this document that has been omitted because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed.
(i) to visit the sites, installations and works comprising the Investment;
(ii) to interview representatives of each Obligor, and not obstruct contacts with any other person involved in or affected by the Investment; and
(iii) to conduct such investigations, inspections, on the spot audits and checks as they may wish and review the Obligors’ books and records in relation to the execution of the Investment and to be able to take copies of related documents to the extent not prohibited by the law.
(b) Each Obligor shall provide the Bank, or ensure that the Bank is provided, with all necessary assistance for the purposes described in this Paragraph 3 (Visits by the Bank).
(c) In the case of a genuine allegation, complaint or information with regard to a Criminal Offence related to the Loan and/or the Investment, the Borrower shall consult with the Bank in good faith regarding appropriate actions. In particular, if it is proven that a third party committed a Criminal Offence in connection with the Loan and/or the Investment with the result that the Loan was misapplied, the Bank may, without prejudice to the other provisions of this Contract, inform the Borrower if, in its reasonable view, the Borrower should take appropriate recovery measures against such third party. In any such case, the Borrower shall in good faith consider the Bank’s views and keep the Bank informed.
