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22.one The Borrower warrants and represents for the Financial institution that it is in whole compliance with all applicable rules, laws and tactics referring to the defense of your surroundings and its social accountability applicable to it in Every single jurisdiction by which the Borrower conducts company (its "Environmental & Social Accountability") and hereby undertake to carry on to do so for so long as the Borrower is indebted to or owes any obligations for the Lender.
hold and method, by Computer system or usually, any data obtained with regards to the Borrower for a consequence of the Facilities contemplated Within this Letter;
Default in respect of another financial obligation or shall render the Borrower default. Default Within this context shall involve, although not be restricted to, any irregular perform of an account, non-compliance Using the authorized and regulatory requirements of Nigeria or violation of its company governance rules.
These kinds of adjustments might be communicated both straight to the Borrower or through a common discover to all Borrowers with the Financial institution. If your Bank elects to advise these types of adjust(s) straight to the Borrower, the Lender s guidance will go ahead and take type of a letter or SMS
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The Borrower acknowledges and agrees that, notwithstanding the terms of some other agreement amongst the Borrower as well as Bank, a disclosure of knowledge because of the Lender while in the conditions contemplated by this clause will not violate any obligation owed for the Borrower possibly in prevalent legislation or pursuant to any agreement in between the Bank plus the Borrower or within the regular system of banking business and the customs, usage and practice relevant thereto and even more that disclosure as aforesaid could be produced devoid of reference to or even further authority in the Borrower and without inquiry with the Lender as to the justification for or validity of such disclosure.
permit other corporations in the Financial institution s group to use own info and some other information it holds with regard to the Borrower to carry to its notice services which may be of curiosity into the Borrower.