Common use of Report and Investigation Clause in Contracts

Report and Investigation. If the Bank requests the customer to provide information or report on matters as deemed to be necessary for the preservation of claims, the customer shall immediately satisfy such request.

Report and Investigation. 1. If the Bank requests the customer to provide information or report on matters as deemed to be necessary for the preservation of claims, the customer shall immediately satisfy such request. 2. If there occurs any material change regarding a customer’s credit status or there is a possibility of such occurrence, the customer shall immediately report such matter to the Bank even if no request has been made by the Bank.