Common use of OBSTRUCTIVE PRACTICES Clause in Contracts

OBSTRUCTIVE PRACTICES. An “Obstructive Practice” is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFC’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice.

Appears in 14 contracts

Sources: Global Health Agreement, Global Health Agreement, Global Health Agreement (AN2 Therapeutics, Inc.)

OBSTRUCTIVE PRACTICES. An “Obstructive Practice” is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts an act intended to materially impede the exercise of IFC’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice.

Appears in 12 contracts

Sources: Shareholder Agreement (AiHuiShou International Co. Ltd.), Shareholder Agreement (Full Truck Alliance Co. Ltd.), Policy Agreement (Zhangmen Education Inc.)

OBSTRUCTIVE PRACTICES. An “Obstructive Practice” is is: (ia) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corruptCorrupt, fraudulentFraudulent, coercive Coercive or collusive practiceCollusive Practice, and/or threatening, harassing or intimidating any party person to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, ; or (iib) acts intended to materially impede the exercise of IFCMIGA’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corruptCorrupt, fraudulentFraudulent, coercive Coercive or collusive practiceCollusive Practice.

Appears in 5 contracts

Sources: Contract of Guarantee for Equity Investments, Contract of Guarantee for Non Shareholder Loans, Contract of Guarantee for Equity Investments

OBSTRUCTIVE PRACTICES. An "Obstructive Practice" is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts an act intended to materially impede the exercise of IFC’s 's access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice.

Appears in 5 contracts

Sources: Policy Rights Agreement, Debenture Trust Deed, Policy Agreement (Itau Unibanco Holding S.A.)

OBSTRUCTIVE PRACTICES. An “Obstructive Practice” is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFC’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practicepractice .

Appears in 4 contracts

Sources: Credit Agreement (Transatlantic Petroleum Ltd.), Loan Agreement (Chindex International Inc), Mortgage Loan Agreement (Sunpower Corp)

OBSTRUCTIVE PRACTICES. An "Obstructive Practice" is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFCthe World Bank’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement

OBSTRUCTIVE PRACTICES. An “Obstructive Practice” is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFCthe World Bank’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice.

Appears in 2 contracts

Sources: Host Country Agreement, Indemnity Agreement

OBSTRUCTIVE PRACTICES. An “Obstructive Practice” is is: (ia) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corruptCorrupt, fraudulentFraudulent, coercive Coercive or collusive practiceCollusive Practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, ; or (iib) acts intended to materially impede the exercise of IFCMIGA’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corruptCorrupt, fraudulentFraudulent, coercive Coercive or collusive practiceCollusive Practice.

Appears in 2 contracts

Sources: Contract of Guarantee, Contract of Guarantee

OBSTRUCTIVE PRACTICES. An "Obstructive Practice" is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corruptCorrupt, fraudulentFraudulent, coercive Coercive or collusive practiceCollusive Practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFC’s the World Bank Group entity's access to contractually required information in connection with a World Bank Group investigation into allegations of a corruptCorrupt, fraudulentFraudulent, coercive Coercive or collusive practiceCollusive Practice.

Appears in 2 contracts

Sources: Indemnity Agreement, Indemnity Agreement

OBSTRUCTIVE PRACTICES. An "Obstructive Practice" is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFC’s 's access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice.

Appears in 1 contract

Sources: Airport Infrastructure Access and Use Agreement

OBSTRUCTIVE PRACTICES. An “Obstructive Practice” is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFC’s access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice.practice . ​

Appears in 1 contract

Sources: Loan Agreement (Telecom Argentina Sa)

OBSTRUCTIVE PRACTICES. An "Obstructive Practice" is (i) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making of false statements to investigators, in order to materially impede a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practice, and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation, or (ii) acts intended to materially impede the exercise of IFC’s 's access to contractually required information in connection with a World Bank Group investigation into allegations of a corrupt, fraudulent, coercive or collusive practicepractice .

Appears in 1 contract

Sources: Loan Agreement (Ultrapetrol Bahamas LTD)