Common use of Anti-Bribery, Anti-Corruption, Anti-Money Laundering and Sanctions Clause in Contracts

Anti-Bribery, Anti-Corruption, Anti-Money Laundering and Sanctions. Each Group Company and other Warrantors and their Affiliates and their respective directors, officers, managers, employees, independent contractors, representatives, agents and other Persons acting on their behalf (collectively, “Company Representatives”) are and have been in compliance with all applicable laws relating to anti-bribery, anti-corruption, anti-money laundering, record keeping and internal control laws (collectively, the “Compliance Laws”). Without limiting the foregoing, neither any Group Company nor, any Company Representative has, directly or indirectly, offered, authorized, promised, condoned, participated in, consummated, or received notice of any allegation of, (a) the making of any gift or payment of anything of value to any Public Official by any Person to obtain any improper advantage, affect or influence any act or decision of any such Public Official, or assist any Group Company in obtaining or retaining business for, or with, or directing business to, any Person; (b) the taking of any action by any Person which (i) would violate the FCPA, if taken by an entity subject to the FCPA, (ii) would violate the U.K. Bribery Act, if taken by an entity subject to the U.K. Bribery Act, or (iii) could reasonably be expected to constitute a violation of any applicable Compliance Law; (c) the making of any false or fictitious entries in the books or records of any Group Company by any Person; or (d) the using of any assets of any Group Company for the establishment of any unlawful or unrecorded fund of monies or other assets, or the making of any unlawful or undisclosed payment.

Appears in 2 contracts

Samples: Preferred Share Purchase Agreement (Yunji Inc.), Preferred Share Purchase Agreement (Yunji Inc.)

AutoNDA by SimpleDocs

Anti-Bribery, Anti-Corruption, Anti-Money Laundering and Sanctions. (a) Each of the Group Company Companies and other Warrantors and their Affiliates the Founder and their respective Affiliates, including the Affiliates’ respective directors, officers, managers, officers and employees, independent contractors, representatives, agents and other Persons acting on their behalf (collectively, the Company Representatives”) are ), is and have has been in compliance with all applicable laws Laws relating to anti-bribery, anti-corruption, anti-money laundering, corruption-related record keeping and internal control laws Laws (collectively, the “Compliance ABAC Laws”). Without limiting the foregoing, neither any none of the Group Company norCompanies, any Company Representative the Founder and their Representatives has, : directly or indirectly, offered, authorized, promised, condoned, participated in, consummated, or received notice of any allegation or request for information of, or has information that indicates a likelihood of (a1) the making of any gift or payment of anything of value to any Public Official public official by any Person to obtain any improper advantage, affect or influence any act or decision of any such Public Officialpublic official, or assist any Group Company in obtaining or retaining business for, or with, or directing business to, any Person; (b2) the taking of any action by any Person which (iA) would violate the United States Foreign Corrupt Practices Act of 1977, as amended (“FCPA”), if taken by an entity subject to the FCPA, (iiB) would violate the U.K. Bribery ActAct 2010, if taken by an entity subject to the U.K. Bribery ActAct 2010, or (iiiC) could reasonably be expected to constitute a violation of any applicable Compliance ABAC Law; (c3) the making of any false or fictitious entries in the books or records of any Group Company by any PersonCompany; or (d4) the using of any assets of the Founder or any Group Company for the establishment of any unlawful or unrecorded fund of monies or other assets, or the making of any unlawful or undisclosed payment. The Group Companies have established or is subject to adequate internal controls and procedures intended to ensure compliance with the ABAC Laws.

Appears in 1 contract

Samples: Share Purchase Agreement (NaaS Technology Inc.)

AutoNDA by SimpleDocs

Anti-Bribery, Anti-Corruption, Anti-Money Laundering and Sanctions. Each Group Company and other Warrantors and their Affiliates and their respective directors, officers, managers, employees, independent contractors, representatives, agents and other Persons acting on their behalf (collectively, the Company Representatives”) are and have been in compliance with all applicable laws relating to anti-bribery, anti-corruption, anti-money laundering, record keeping and internal control laws (collectively, the “Compliance Laws”). Without limiting the foregoing, neither any Group Company nor, any Company Representative has, directly or indirectly, offered, authorized, promised, condoned, participated in, consummated, or received notice of any allegation of, (a) the making of any gift or payment of anything of value to any Public Official public official by any Person to obtain any improper advantage, affect or influence any act or decision of any such Public Officialpublic official, or assist any Group Company in obtaining or retaining business for, or with, or directing business to, any Person; (b) the taking of any action by any Person which (i) would violate the U.S. Foreign Corrupt Practices Act, as amended (the “FCPA”), if taken by an entity subject to the FCPA, (ii) would violate the U.K. Bribery Act, if taken by an entity subject to the U.K. Bribery Act, or (iii) could reasonably be expected to constitute a violation of any applicable Compliance Law; (c) the making of any false or fictitious entries in the books or records of any Group Company by any Person; or (d) the using of any assets of any Group Company for the establishment of any unlawful or unrecorded fund of monies or other assets, or the making of any unlawful or undisclosed payment.

Appears in 1 contract

Samples: Series C Preferred Share Purchase Agreement (Yatsen Holding LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.