Common use of Governance and Anticorruption Clause in Contracts

Governance and Anticorruption. 3. The Borrower and HPG, through HPDOT and XNCD, shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (b) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.

Governance and Anticorruption. 320. The Borrower Borrower, the State and HPG, through HPDOT and XNCD, HPPCL shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (b) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.

Governance and Anticorruption. 311. The Borrower Borrower, EVN, and HPG, through HPDOT and XNCD, CTTP shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (b) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.

Governance and Anticorruption. 314. The Borrower Borrower, HPC and HPG, through HPDOT and XNCD, the IA shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (b) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.

Governance and Anticorruption. 320. The Borrower Borrower, MPPW and HPG, through HPDOT and XNCD, KUKL shall (ai) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (bii) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.

Governance and Anticorruption. 316. The Borrower and HPG, through HPDOT and XNCD, PFIs shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (b) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.