Common use of Anti-Corruption and Anti-Money Laundering Laws Clause in Contracts

Anti-Corruption and Anti-Money Laundering Laws. (a) Neither the Parent nor any of its Subsidiaries, or, to the Knowledge of Parent, any Representative acting for or on behalf of the Parent or any of its Subsidiaries, (i) is the target of any Sanctions, (ii) is or is owned or controlled by a Sanctioned Person, (iii) is located, organized or resident in a Sanctioned Country, or (iv) engages in (or during the past three (3) years has engaged in) any dealings or transactions, or is (or during the past three (3) years has been) otherwise associated, with any such Sanctioned Person or Sanctioned Country in violation of any Sanctions. (b) The Parent and each of its Subsidiaries and, to the Knowledge of Parent, any Representative acting for or on behalf of Parent or any of its Subsidiaries, is (and for the past three (3) years have been) in compliance in all material respects with all Anti-Corruption Laws and Anti-Money Laundering Laws applicable to such Persons. (c) To the Knowledge of Parent, neither the Parent nor any of its Subsidiaries is the subject of any investigation, inquiry or enforcement proceedings by any Governmental Authority regarding any offense or alleged offense under any anti-terrorism Laws, Anti-Corruption Laws or Anti-Money Laundering Laws or Sanctions, and no such investigation, inquiry or proceeding is pending or, to the Knowledge of Parent, has been threatened in writing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Nisource Inc.)

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Anti-Corruption and Anti-Money Laundering Laws. (a) Neither the Parent Company nor any of its Subsidiaries, or, to the Knowledge knowledge of Parentthe Company, any Representative acting for or on behalf of the Parent Company or any of its Subsidiaries, (i) is the target of any Sanctions, (ii) is or is owned or controlled by a Sanctioned Person, (iii) is located, organized or resident in a Sanctioned Country, or (iv) engages in (or during the past 17 three (3) years has engaged in) any dealings or transactions, or is (or during the past three (3) years has been) otherwise associated, with any such Sanctioned Person or Sanctioned Country in violation of any Sanctions. (b) The Parent Company and each of its Subsidiaries and, to the Knowledge knowledge of Parentthe Company, any Representative acting for or on behalf of Parent the Company or any of its Subsidiaries, is (and for the past three (3) years have been) in compliance in all material respects with all Anti-Corruption Laws and Anti-Money Laundering Laws applicable to such Persons. (c) To the Knowledge knowledge of Parentthe Company, neither the Parent Company nor any of its Subsidiaries Affiliates is the subject of any investigation, inquiry or enforcement proceedings by any Governmental Authority Body regarding any offense or alleged offense under any anti-terrorism Laws, Anti-Corruption Laws or Laws, Anti-Money Laundering Laws or Sanctions, and no such investigation, inquiry or proceeding is pending or, to the Knowledge knowledge of Parentthe Company, has been threatened in writing. (d) The Company and each of its Subsidiaries are subject to, and in compliance with in all material respects, policies and procedures instituted and maintained by an Affiliate thereof that are designed in accordance with applicable Laws to promote and achieve compliance by such Persons, and any Representatives acting on their behalf, with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Firstenergy Corp)

Anti-Corruption and Anti-Money Laundering Laws. (a) Neither the Parent Company nor any of its Subsidiaries, or, to the Knowledge knowledge of Parentthe Company, any Representative acting for or on behalf of the Parent Company or any of its Subsidiaries, (i) is the target of any Sanctions, (ii) is or is owned or controlled by a Sanctioned PersonPerson or Sanctioned Entity, (iii) is located, organized or resident in a country or territory that is, or whose government is, a Sanctioned CountryEntity, or (iv) engages in (or during the past three (3) years has engaged in) any dealings or transactions, or is (or during the past three (3) years has been) otherwise associated, with any such Sanctioned Person or Sanctioned Country Entity in violation of any Sanctions. (b) The Parent Company and each of its Subsidiaries and, to the Knowledge knowledge of Parentthe Company, any Representative acting for or on behalf of Parent the Company or any of its Subsidiaries, is (and for the past three (3) years have been) in compliance in all material respects with all Anti-Corruption Laws and Anti-Money Laundering Laws applicable to such Persons. (c) To the Knowledge knowledge of Parentthe Company, neither the Parent Company nor any of its Subsidiaries Affiliates is the subject of any investigation, inquiry or enforcement proceedings by any Governmental Authority Body regarding any offense or alleged offense under any anti-terrorism Laws, Anti-Corruption Laws or Anti-Money Laundering Laws or Sanctions, and no such investigation, inquiry or proceeding is pending or, to the Knowledge knowledge of Parentthe Company, has been threatened in writing. (d) The Company and each of its Subsidiaries are subject to, and in compliance with in all material respects, policies and procedures instituted and maintained by an Affiliate thereof that are designed in accordance with applicable Laws to promote and achieve compliance by such Persons, and any Representatives acting on their behalf, with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Firstenergy Corp)

Anti-Corruption and Anti-Money Laundering Laws. (a) Neither the Parent Company nor any of its Subsidiaries, or, to the Knowledge of ParentCompany, any Representative acting for or on behalf of the Parent Company or any of its Subsidiaries, (i) is the target of any Sanctions, (ii) is or is owned or controlled by a Sanctioned Person, (iii) is located, organized or resident in a Sanctioned Country, or (iv) engages in (or during the past three (3) years has engaged in) any dealings or transactions, or is (or during the past three (3) years has been) otherwise associated, with any such Sanctioned Person or Sanctioned Country in violation of any Sanctions. (b) The Parent Company and each of its Subsidiaries and, to the Knowledge of ParentCompany, any Representative acting for or on behalf of Parent the Company or any of its Subsidiaries, is (and for the past three (3) years have been) in compliance in all material respects with all Anti-Corruption Laws and Anti-Money Laundering Laws applicable to such Persons. (c) To the Knowledge of ParentCompany, neither the Parent Company nor any of its Subsidiaries is the subject of any investigation, inquiry or enforcement proceedings by any Governmental Authority regarding any offense or alleged offense under any anti-terrorism Laws, Anti-Corruption Laws or Anti-Money Laundering Laws or Sanctions, and no such investigation, inquiry or proceeding is pending or, to the Knowledge of ParentCompany, has been threatened in writing. (d) The Company and each of its Subsidiaries are subject to, and in compliance with in all material respects, policies and procedures instituted and maintained by an Affiliate thereof that are designed in accordance with applicable Laws to promote and achieve compliance by such Persons, and any Representatives acting on their behalf, with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Nisource Inc.)

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Anti-Corruption and Anti-Money Laundering Laws. (a) Neither the Parent nor any None of its Subsidiaries, or, to the Knowledge of Parent, any Representative acting for or on behalf of the Parent or any of its SubsidiariesAffiliates, nor any of their respective officers, directors, or employees, (i) is the target of any Sanctions, (ii) is or is owned or controlled by a Sanctioned PersonPerson or Sanctioned Entity, (iii) is located, organized or resident in a country or territory that is, or the government of which is, a Sanctioned CountryEntity, or (iv) engages in (or during the past three (3) years has engaged in) any dealings or transactions, or is (or during the past three (3) years has been) otherwise associated, with any such Sanctioned Person or Sanctioned Country Entity in violation of any Sanctions. (b) The Parent and each of its Subsidiaries and, to the Knowledge of Parent, any Representative acting for or on behalf of Parent or any of its Subsidiaries, is Affiliates are (and for the past three (3) years have been) in compliance in all material respects with all Anti-Corruption Laws and Anti-Money Laundering Laws applicable to such Persons. (c) To the Knowledge knowledge of Parent, neither the Parent nor any of its Subsidiaries Affiliates is the subject of any investigation, inquiry or enforcement proceedings by any Governmental Authority Body regarding any offense or alleged offense under any anti-terrorism Laws, or Anti-Corruption Laws or Anti-Money Laundering Laws or Sanctions, and no such investigation, inquiry or proceeding is pending or, to the Knowledge knowledge of Parent, has been threatened in writing. (d) Parent and its Affiliates have been and are in compliance with, and shall comply in all respects with, all relevant terms of the DPA. The execution, delivery and performance by Parent of this Agreement is not intended to, and will not, circumvent or frustrate the enforcement purposes of the DPA.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Firstenergy Corp)

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