Common use of Antisocial Forces Clause in Contracts

Antisocial Forces. The Borrower shall not engage, directly or indirectly, in any of the following activities: (i) any demand or claim under the threat of or with violence; (ii) any unreasonable demand or claim under the threat of actions that are not legally permissible; or (iii) any blackmail or assault, physical or oral; or (iv) any obstructive activities, including but not limited to disseminating false information or fraudulent activities for the purpose of harming the creditworthiness of the Finance Parties or impeding business of the Finance Parties; or (v) any activities that are similar to those described above. Upon receiving information which provides reasonable certainty that any violation of this covenant has occurred, the Borrower shall immediately: (i) advise the Agent of the occurrence; and (ii) take all actions reasonably necessary to mitigate, correct and report such occurrence, under law or otherwise (such steps may include termination or severance of the individual(s) involved).

Antisocial Forces. The Borrower shall not engage, directly or indirectly, in any of the following activities: (ia) any demand or claim under the threat of or with violence; (iib) any unreasonable demand or claim under the threat of actions that are not legally permissible; or (iiic) any blackmail or assault, physical or oral; or (ivd) any obstructive activities, including but not limited to disseminating false information or fraudulent activities for the purpose of harming the creditworthiness of the Finance Parties or impeding business of the Finance Parties; or (ve) any activities that are similar to those described above. Upon receiving information which provides reasonable certainty that any violation of this covenant has occurred, the Borrower shall immediately: (i) advise the Agent of the occurrence; and (ii) take all actions reasonably necessary to mitigate, correct and report such occurrence, under law or otherwise (such steps may include termination of employment or severance of employment of the individual(s) involved).