Adherence to State and Federal Laws and Regulations. (a) Lender shall comply with all applicable federal, state, and local laws in the performance of Lender’s obligations under this Enhancement Agreement, as long as Lender has any obligation to Development under this Enhancement Agreement. Without limiting the generality of such obligation, Lender shall pay or cause to be paid all unemployment compensation, insurance premiums, workers’ compensation premiums, income tax withholding, social security withhold, and any and all other taxes or payroll deductions required for all employees engaged by Lender in connection with the Collateral Enhancement Program. (b) In accordance with Executive Order 2011-03K, Lender, by its signature on this document, certifies: (1) it has reviewed and understands Executive Order 2011-03K, (2) has reviewed and understands the Ohio ethics and conflict of interest laws including, without limitation, Ohio Revised Code §§ 102.01 et seq., §§ 2921.01, 2921.42, 2921.421 and 2921.43, and §§ 3517.13(I) and (J), and (3) will take no action inconsistent with those laws and the order, as any of them may be amended or supplemented from time to time. Lender understands that failure to comply with the Ohio ethics and conflict of interest laws, is in itself, grounds for termination of this Enhancement Agreement and the grant of funds made pursuant to this Enhancement Agreement and may result in the loss of other contracts or grants with the State of Ohio. (c) No personnel of Lender, contractor of Lender or personnel of any such contractor, and no public official who exercises any functions or responsibilities in connection with the review or approval of any work completed under this Enhancement Agreement, shall, prior to the completion of such work, voluntarily or involuntarily acquire any personal interest, direct or indirect, which is incompatible or in conflict with the discharge or fulfillment of his or her functions or responsibilities with respect to the completion of the work contemplated under this Enhancement Agreement. Lender shall immediately disclose in writing to Development any such person who, prior to or after the execution of this Enhancement Agreement, acquires any personal interest, voluntarily or involuntarily. Lender shall cause any such person who, prior to or after the execution of this Enhancement Agreement, acquires any personal interest, voluntarily or involuntarily, to immediately disclose such interest to Development in writing. Thereafter, such person shall not participate in any action affecting the work under this Enhancement Agreement unless Development determines that, in light of the personal interest disclosed, his or her participation in any such action would not be contrary to the public interest. (d) Lender represents and warrants to Development that Lender does not owe: (1) any delinquent taxes to the State of Ohio or a political subdivision of the State of Ohio; (2) any moneys to the State of Ohio or a state agency for the administration or enforcement of any environmental laws of the State of Ohio; and (3) any other moneys to the State of Ohio, a state agency or a political subdivision of the State of Ohio that are past due, whether or not the amounts owed are being contested in a court of law. (e) Lender represents and warrants to Development that Lender has made no false statements to Development or any of its employees or agents in the process of obtaining this Enhancement Agreement. Lender acknowledges that any person who knowingly makes a false statement to obtain an award of financial assistance may be required under Ohio Revised Code § 9.66(C) to repay such financial assistance and shall be ineligible for any future economic development assistance from the State of Ohio, any state agency or a political subdivision. In addition, any person who provides a false statement to secure economic development assistance may be guilty of falsification, a misdemeanor of the first degree, pursuant to Ohio Revised Code § 2921.13(F)(1). (f) If applicable, Lender must certify compliance with Section 2909.33 of the O.R.C., the Declaration Regarding Material Assistance/Non-assistance to a Terrorist Organization.
Appears in 3 contracts
Samples: Collateral Enhancement Agreement, Collateral Enhancement Agreement, Collateral Enhancement Agreement
Adherence to State and Federal Laws and Regulations. (a) Lender shall materially comply with all applicable federal, state, and local laws in the performance of Lender’s obligations under this Enhancement Agreement, as long as Lender has any obligation to Development under this Enhancement Agreement. Without limiting the generality of such obligation, Lender shall pay or cause to be paid all unemployment compensation, insurance premiums, workers’ compensation premiums, income tax withholding, social security withhold, and any and all other taxes or payroll deductions required for all employees engaged by Lender in connection with the Collateral Enhancement Program.
(b) In accordance with Executive Order 2011-03K, Lender, by its signature on this document, certifies: (1) it has reviewed and understands Executive Order 2011-03K, (2) has reviewed and understands the Ohio ethics and conflict of interest laws including, without limitation, Ohio Revised Code §§ 102.01 et seq., §§ 2921.01, 2921.42, 2921.421 and 2921.43, and §§ 3517.13(I) and (J), and (3) will take no action inconsistent with those laws and the order, as any of them may be amended or supplemented from time to time. Lender understands that failure to comply with the Ohio ethics and conflict of interest laws, is in itself, grounds for termination of this Enhancement Agreement and the grant of funds made pursuant to this Enhancement Agreement and may result in the loss of other contracts or grants with the State of Ohio.
(c) No personnel of Lender, contractor of Lender or personnel of any such contractor, and no public official who exercises any functions or responsibilities in connection with the review or approval of any work completed under this Enhancement Agreement, shall, prior to the completion of such work, voluntarily or involuntarily acquire any personal interest, direct or indirect, which is incompatible or in conflict with the discharge or fulfillment of his or her functions or responsibilities with respect to the completion of the work contemplated under this Enhancement Agreement. Lender shall immediately disclose in writing to Development any such person who, prior to or after the execution of this Enhancement Agreement, acquires any personal interest, voluntarily or involuntarily. Lender shall cause any such person who, prior to or after the execution of this Enhancement Agreement, acquires any personal interest, voluntarily or involuntarily, to immediately disclose such interest to Development in writing. Thereafter, such person shall not participate in any action affecting the work under this Enhancement Agreement unless Development determines that, in light of the personal interest disclosed, his or her participation in any such action would not be contrary to the public interest.
(d) Lender represents and warrants to Development that Lender does not owe: (1) any delinquent taxes to the State of Ohio or a political subdivision of the State of Ohio; (2) any moneys to the State of Ohio or a state agency for the administration or enforcement of any environmental laws of the State of Ohio; and (3) any other moneys to the State of Ohio, a state agency or a political subdivision of the State of Ohio that are past due, whether or not the amounts owed are being contested in a court of law.
(e) Lender represents and warrants to Development that Lender has made no false statements to Development or any of its employees or agents in the process of obtaining this Enhancement Agreement. Lender acknowledges that any person who knowingly makes a false statement to obtain an award of financial assistance may be required under Ohio Revised Code § 9.66(C) to repay such financial assistance and shall be ineligible for any future economic development assistance from the State of Ohio, any state agency or a political subdivision. In addition, any person who provides a false statement to secure economic development assistance may be guilty of falsification, a misdemeanor of the first degree, pursuant to Ohio Revised Code § 2921.13(F)(1).
(f) If applicable, Lender must certify compliance with Section 2909.33 of the O.R.C., the Declaration Regarding Material Assistance/Non-assistance to a Terrorist Organization.
Appears in 1 contract
Samples: Cash Collateral Deposit Agreement
Adherence to State and Federal Laws and Regulations. (a) Lender shall comply with all applicable federal, state, and local laws in the performance of Lender’s obligations under this Enhancement Agreement, as long as Lender has any obligation to Development under this Enhancement Agreement. Without limiting the generality of such obligation, Lender shall pay or cause to be paid all unemployment compensation, insurance premiums, workers’ compensation premiums, income tax withholding, social security withhold, and any and all other taxes or payroll deductions required for all employees engaged by Lender in connection with the Collateral Enhancement Program.
(b) In accordance with Executive Order 2011-03K, Lender, by its signature on this document, certifies: (1) it has reviewed and understands Executive Order 2011-03K, (2) has reviewed and understands the Ohio ethics and conflict of interest laws including, without limitation, Ohio Revised Code §§ 102.01 et seq., §§ 2921.01, 2921.42, 2921.421 and 2921.43, and §§ 3517.13(I) and (J), and (3) will take no action inconsistent with those laws and the order, as any of them may be amended or supplemented from time to time. Lender understands that failure to comply with the Ohio ethics and conflict of interest laws, is in itself, grounds for termination of this Enhancement Agreement and the grant of funds made pursuant to this Enhancement Agreement and may result in the loss of other contracts or grants with the State of Ohio.
(c) No personnel of Lender, contractor of Lender or personnel of any such contractor, and no public official who exercises any functions or responsibilities in connection with the review or approval of any work completed under this Enhancement Agreement, shall, prior to the completion of such work, voluntarily or involuntarily acquire any personal interest, direct or indirect, which is incompatible or in conflict with the discharge or fulfillment of his or her functions or responsibilities with respect to the completion of the work contemplated under this Enhancement Agreement. Lender shall immediately disclose in writing to Development any such person who, prior to or after the execution of this Enhancement Agreement, acquires any personal interest, voluntarily or involuntarily. Lender shall cause any such person who, prior to or after the execution of this Enhancement Agreement, acquires any personal interest, voluntarily or involuntarily, to immediately disclose such interest to Development in writing. Thereafter, such person shall not participate in any action affecting the work under this Enhancement Agreement unless Development determines that, in light of the personal interest disclosed, his or her participation in any such action would not be contrary to the public interest.
(d) Lender represents and warrants to Development that Lender does not owe: (1) any delinquent taxes to the State of Ohio or a political subdivision of the State of Ohio; (2) any moneys to the State of Ohio or a state agency for the administration or enforcement of any environmental laws of the State of Ohio; and (3) any other moneys to the State of Ohio, a state agency or a political subdivision of the State of Ohio that are past due, whether or not the amounts owed are being contested in a court of law.
(e) Lender represents and warrants to Development that Lender has made no false statements to Development or any of its employees or agents in the process of obtaining this Enhancement Agreement. Lender acknowledges that any person who knowingly makes a false statement to obtain an award of financial assistance may be required under Ohio Revised Code § 9.66(C) to repay such financial assistance and shall be ineligible for any future economic development assistance from the State of Ohio, any state agency or a political subdivision. In addition, any person who provides a false statement to secure economic development assistance may be guilty of falsification, a misdemeanor of the first degree, pursuant to Ohio Revised Code § 2921.13(F)(1).
(f) If applicable, Lender must certify compliance with Section 2909.33 of the O.R.C., the Declaration Regarding Material Assistance/Non-assistance to a Terrorist Organization.
Appears in 1 contract
Samples: Collateral Enhancement Agreement