Common use of Anti-Boycott Verification Clause in Contracts

Anti-Boycott Verification. The Dissemination Agent hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, does not boycott Israel and, to the extent this Disclosure Agreement is a contract for goods or services, will not boycott Israel during the term of this Disclosure Agreement. The foregoing verification is made solely to comply with Section 2270.002, Texas Government Code, and to the extent such Section does not contravene applicable Federal law. As used in the foregoing verification, ‘boycott Israel’ means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes. The Dissemination Agent understands ‘affiliate’ to mean an entity that controls, is controlled by, or is under common control with the Dissemination Agent and exists to make a profit.

Appears in 2 contracts

Samples: Continuing Disclosure Agreement, Continuing Disclosure Agreement

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Anti-Boycott Verification. The Dissemination Escrow Agent hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, does do not boycott Israel and, to the extent this Disclosure Agreement is a contract for goods or services, will not boycott Israel during the term of this Disclosure Agreement. The foregoing verification is made solely to comply with Section 2270.0022271.002, Texas Government Code, and to the extent such Section does not contravene applicable Federal law. As used in the foregoing verification, ‘boycott Israel’ means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes. The Dissemination Escrow Agent understands ‘affiliate’ to mean an entity that controls, is controlled by, or is under common control with the Dissemination Escrow Agent and exists to make a profit.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Anti-Boycott Verification. The Dissemination Agent Owner hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, does do not boycott Israel and, to the extent this Disclosure Reimbursement Agreement is a contract for goods or services, will not boycott Israel during the term of this Disclosure Reimbursement Agreement. The foregoing verification is made solely to comply with Section 2270.0022271.002, Texas Government Code, and to the extent such Section does not contravene applicable Federal law. As used in the foregoing verification, ‘boycott Israel’ means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes. The Dissemination Agent Owner understands ‘affiliate’ to mean an entity that controls, is controlled by, or is under common control with the Dissemination Agent Owner within the meaning of SEC Rule 405, 17 C.F.R. § 230.405 and exists to make a profit.

Appears in 1 contract

Samples: Acquisition and Reimbursement Agreement

Anti-Boycott Verification. The Dissemination Agent and Administrator hereby verifies verify that it the Dissemination Agent, the Administrator and its any parent company, wholly- or majority-owned subsidiaries, and other affiliatesaffiliates of the Dissemination Agent and Administrator, if any, does do not boycott Israel and, to the extent this Disclosure Agreement is a contract for goods or services, will not boycott Israel during the term of this Disclosure Agreement. The foregoing verification is made solely to comply with Section 2270.0022271.002, Texas Government Code, and to the extent such Section does not contravene applicable Federal or State law. As used in the foregoing verification, boycott Israelmeans refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes. The Dissemination Agent understands ‘and the Administrator understand “affiliateto mean an entity that controls, is controlled by, or is under common control with the Dissemination Agent or the Administrator and exists to make a profit.

Appears in 1 contract

Samples: Continuing Disclosure Agreement

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Anti-Boycott Verification. The Dissemination Agent Owner hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, does do not boycott Israel and, to the extent this Disclosure Reimbursement Agreement is a contract for goods or services, will not boycott Israel during the term of this Disclosure Reimbursement Agreement. The foregoing verification is made solely to comply with Section 2270.002, Texas Government Code, and to the extent such Section does not contravene applicable Federal law. As used in the foregoing verification, ‘boycott Israel’ means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes. The Dissemination Agent Owner understands ‘affiliate’ to mean an entity that controls, is controlled by, or is under common control with the Dissemination Agent Owner and exists to make a profit.

Appears in 1 contract

Samples: Whisper Valley Public Improvement District Financing Agreement

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