Common use of AML Laws; Anti-Corruption Laws and Sanctions Clause in Contracts

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrower, its subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) the Borrower, any subsidiary or any of their respective directors or officers, or, to the knowledge of the Borrower, any of their respective employees or Affiliates, or (b) to the knowledge of the Borrower, any agent of the Borrower or any subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No Loans, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower represents that, except as disclosed to each Agent and the Loan Participants prior to the date hereof, neither it nor any of its subsidiaries, nor its parent company, or, to the knowledge of the Borrower, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country.

Appears in 2 contracts

Samples: Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.)

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AML Laws; Anti-Corruption Laws and Sanctions. The Borrower Such Loan Party has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrowersuch Loan Party, its subsidiaries Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) the Borrowersuch Loan Party, any subsidiary Subsidiary or any of their respective directors or officers, or, to the knowledge of the Borrowersuch Loan Party, any of their respective employees or Affiliates, or (b) to the knowledge of the Borrowersuch Loan Party, any agent of the Borrower such Loan Party, or any subsidiary Subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No LoansBorrowing or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower Such Loan Party represents that, except as disclosed to each the Administrative Agent and the Loan Participants Lenders prior to the date hereofof this Agreement, neither it nor any of its subsidiariesSubsidiaries, nor its parent company, or, to the knowledge of the Borrowersuch Loan Party, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country.

Appears in 2 contracts

Samples: Credit Agreement (Keysight Technologies, Inc.), Credit Agreement (Agilent Technologies Inc)

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower Company has implemented and maintains in effect policies and procedures designed to ensure compliance by the BorrowerCompany, its subsidiaries Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws, Anti-Corruption Laws and applicable Sanctions. None of (a) the BorrowerCompany, any subsidiary Subsidiary or any of their respective directors or officers, or, to the knowledge of the BorrowerCompany, any of their respective employees or Affiliates, or (b) to the knowledge of the BorrowerCompany, any agent of the Borrower Company, or any subsidiary Subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No LoansBorrowing or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person Person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower Company represents that, except as disclosed to each the Administrative Agent and the Loan Participants Lenders prior to the date hereofof this Agreement, neither it nor any of its subsidiariesSubsidiaries, nor its parent company, or, to the knowledge of the BorrowerCompany, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country, unless otherwise licensed by the Office of Foreign Assets Control of the U.S. Department of Treasury or the U.S. Department of State or otherwise authorized under applicable law. No Borrowing or Letter of Credit relates, directly or indirectly, to any activities or business of or with a Sanctioned Person or with or in a Sanctioned Country.

Appears in 2 contracts

Samples: Credit Agreement (Agilent Technologies, Inc.), Credit Agreement (Agilent Technologies Inc)

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower Company has implemented and maintains in effect policies and procedures designed to ensure compliance by the BorrowerCompany, its subsidiaries Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws, Anti-Corruption Laws and applicable Sanctions. None of (a) the BorrowerCompany, any subsidiary Subsidiary or any of their respective directors or officers, or, to the knowledge of the BorrowerCompany, any of their respective employees or Affiliates, or (b) to the knowledge of the BorrowerCompany, any agent of the Borrower Company, or any subsidiary Subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No LoansBorrowing, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person Person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower Company represents that, except as disclosed to each the Administrative Agent and the Loan Participants Lenders prior to the date hereofof this Agreement, neither it nor any of its subsidiariesSubsidiaries, nor its parent company, or, to the knowledge of the BorrowerCompany, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country, unless otherwise licensed by the Office of Foreign Assets Control of the U.S. Department of Treasury or the U.S. Department of State or otherwise authorized under applicable law. No Borrowing relates, directly or indirectly, to any activities or business of or with a Sanctioned Person or with or in a Sanctioned Country.

Appears in 1 contract

Samples: Term Loan Agreement (Agilent Technologies, Inc.)

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower Company has implemented and maintains in effect policies and procedures designed to ensure compliance by the BorrowerCompany, its subsidiaries Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) the BorrowerCompany, any subsidiary Subsidiary or any of their respective directors or officers, or, to the knowledge of the BorrowerCompany, any of their respective employees or Affiliates, or (b) to the knowledge of the BorrowerCompany, any agent of the Borrower Company, or any subsidiary Subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No LoansBorrowing or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower Company represents that, except as disclosed to each the Administrative Agent and the Loan Participants Lenders prior to the date hereofof this Agreement, neither it nor any of its subsidiariesSubsidiaries, nor its parent company, or, to the knowledge of the BorrowerCompany, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country.

Appears in 1 contract

Samples: Credit Agreement (Agilent Technologies Inc)

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrower, its subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) the Borrower, any subsidiary or any of their respective directors or officers, or, to the knowledge of the Borrower, any of their respective employees or Affiliates, or (b) to the knowledge of the Borrower, any agent of the Borrower or any subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No Loans, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower represents that, except as disclosed to each the Administrative Agent and the Loan Participants prior to the date hereof, neither it nor any of its subsidiaries, nor its parent company, or, to the knowledge of the Borrower, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country.

Appears in 1 contract

Samples: Facility Agreement (Virgin America Inc.)

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower Company has implemented and maintains in effect policies and procedures designed to ensure compliance by the BorrowerCompany, its subsidiaries Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws, Anti-Corruption Laws and applicable Sanctions. None of (a) the BorrowerCompany, any subsidiary Subsidiary or any of their respective directors or officers, or, to the knowledge of the BorrowerCompany, any of their respective employees or Affiliates, or (b) to the knowledge of the BorrowerCompany, any agent of the Borrower Company, or any subsidiary Subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No LoansBorrowing or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person Person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower Company represents that, except as disclosed to each Agent and the Loan Participants prior to the date hereof, that neither it nor any of its subsidiariesSubsidiaries, nor its parent company, or, to the knowledge of the BorrowerCompany, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country, unless otherwise licensed by the Office of Foreign Assets Control of the U.S. Department of Treasury or the U.S. Department of State or otherwise authorized under applicable law. No Borrowing or Letter of Credit relates, directly or indirectly, to any activities or business of or with a Sanctioned Person or with or in a Sanctioned Country.

Appears in 1 contract

Samples: Credit Agreement (Agilent Technologies, Inc.)

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AML Laws; Anti-Corruption Laws and Sanctions. The Borrower Company has implemented and maintains in effect policies and procedures designed to ensure compliance by the BorrowerCompany, its subsidiaries Subsidiaries and their respective directors, officers, employees Affiliates and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) the Borrower, Company or any subsidiary Subsidiary or any of their respective directors or officers, or, to the knowledge of the BorrowerCompany, any of their respective employees or Affiliates, or (b) to the knowledge of the BorrowerCompany, any agent of the Borrower Company or any subsidiary Subsidiary or other Affiliate of the Company or such Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No Loansborrowing of a Loan, use of proceeds of a Loan, or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person Person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower Company represents that, except as disclosed to each Agent and the Loan Participants Lender prior to the date hereofof this Agreement, neither it nor any of its subsidiaries, nor its parent companySubsidiaries, or, to the knowledge of the BorrowerCompany, any other Affiliate of the Company or such Subsidiary has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country.

Appears in 1 contract

Samples: Definitive Agreement (SOUTH STATE Corp)

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrower, its subsidiaries Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) the Borrower, any subsidiary or any of their respective directors or officers, Subsidiary or, to the knowledge of the Borrower, any of their respective directors, officers, employees or Affiliates, or (b) to the knowledge of the Borrower, any agent of the Borrower or any subsidiary Subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, Person or (ii) is in material violation of AML Laws, Anti-Corruption Laws, or Sanctions. No LoansBorrowing or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person Person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower represents that, except as disclosed to each the Administrative Agent and the Loan Participants Lenders prior to the date hereofof this Agreement, neither it nor any of its subsidiariesSubsidiaries, nor its parent company, or, to the knowledge of the Borrower, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country.

Appears in 1 contract

Samples: Amended and Restated Credit Agreement (Keysight Technologies, Inc.)

AML Laws; Anti-Corruption Laws and Sanctions. The Borrower has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrower, its subsidiaries Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) the Borrower, any subsidiary or any of their respective directors or officersSubsidiary, or, to the knowledge of the Borrower, any of their respective directors, officers, employees or Affiliates, or (b) to the knowledge of the Borrower, any agent of the Borrower Borrower, or any subsidiary Subsidiary or other Affiliate that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person, Person or (ii) is in material violation of AML Laws, Anti-Corruption Laws, or Sanctions. No LoansBorrowing, use of proceeds or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person Person participating in the transactions contemplated by this Agreement, whether as lender, borrower, guarantor, agent, or otherwise. The Borrower represents that, except as disclosed to each the Administrative Agent and the Loan Participants Lenders prior to the date hereofof this Agreement, neither it nor any of its subsidiariesSubsidiaries, nor its parent company, or, to the knowledge of the Borrower, any other Affiliate has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country.

Appears in 1 contract

Samples: Term Credit Agreement (Keysight Technologies, Inc.)

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