Common use of Investigations and information Clause in Contracts

Investigations and information. The Borrower and the Agent undertake: (a) any investigations concerning the integrity of the members of the Borrower’s or Agent’s managing board or other administrative body or managers; (b) to the extent permitted by law, any material litigation, arbitration, administrative proceedings or investigation carried out by as court, administration or similar public authority, which, to the best of its knowledge and belief, is current, imminent or pending against the Borrower, the Agent or members of the Borrower’s or Agent’s management bodies in connection with Criminal Offences related to the Loan; (c) to take such action as the Bank shall reasonably request to investigate and/or terminate any alleged or suspected act of the nature described in Article 6.05; (d) to inform the Bank of the measures taken to seek damages from the persons responsible for any loss resulting from any such act; and (e) to facilitate any investigation that the Bank may make concerning any such act.

Investigations and information. The Borrower and the Agent undertake: (a) any investigations concerning the integrity of the members of the Borrower’s or Agent’s managing board or other administrative body or managers; (b) to the extent permitted by law, any material litigation, arbitration, administrative proceedings or investigation carried out by as court, administration or similar public authority, which, to the best of its knowledge and belief, is current, imminent or pending against the Borrower, the Agent or members of the Borrower’s or Agent’s management bodies in connection with Criminal Offences related to the Loan; (c) to take such action as the Bank shall reasonably request to investigate and/or terminate any alleged or suspected act of the nature described in Article 6.056.07; (d) to inform the Bank of the measures taken to seek damages from the persons responsible for any loss resulting from any such act; and (e) to facilitate any investigation that the Bank may make concerning any such act.