Common use of Anti-Boycott Verification Clause in Contracts

Anti-Boycott Verification. The Underwriter 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 Indenture is a contract for goods or services, will not boycott Israel during the term of this Indenture. 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 Underwriter understands ‘affiliate’ to mean an entity that controls, is controlled by, or is under common control with the Underwriter and exists to make a profit.

Appears in 2 contracts

Samples: Bond Purchase Agreement, Bond Purchase Agreement

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Anti-Boycott Verification. The Underwriter 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 Indenture Purchase Agreement is a contract for goods or services, will not boycott Israel during the term of this IndenturePurchase 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 Underwriter understands affiliateto mean an entity that controls, is controlled by, or is under common control with the respective Underwriter and exists to make a profit.

Appears in 1 contract

Samples: Bond Purchase Agreement

Anti-Boycott Verification. The Underwriter 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 Indenture Agreement is a contract for goods or services, will not boycott Israel during the term of this IndentureAgreement. 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 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 Underwriter understands affiliateto mean an entity that controls, is controlled by, or is under common control with the Underwriter and exists to make a profit.. DRAFT

Appears in 1 contract

Samples: Bond Purchase Agreement

Anti-Boycott Verification. The Underwriter Trustee 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 Indenture is a contract for goods or services, will not boycott Israel during the term of this Indenture. 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 Underwriter Trustee understands ‘affiliate’ to mean an entity that controls, is controlled by, or is under common control with the Underwriter Trustee and exists to make a profit.

Appears in 1 contract

Samples: Master Indenture

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Anti-Boycott Verification. The Underwriter 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 Indenture Agreement is a contract for goods or services, will not boycott Israel during the term of this IndentureAgreement. 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 State or federal 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 Underwriter understands affiliateto mean an entity that controls, is controlled by, or is under common control with the Underwriter and exists to make a profit.

Appears in 1 contract

Samples: Bond Purchase Agreement

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