Anti-corruption law. Each of the Security Parties and each Affiliate of any of them has conducted its businesses in compliance with applicable anti-corruption laws and has instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.
Appears in 3 contracts
Samples: Loan Agreement (Diana Containerships Inc.), Loan Agreement (Scorpio Tankers Inc.), Scorpio Bulkers Inc.
Anti-corruption law. Each of the Security Parties and each Affiliate of any of them has conducted its businesses in compliance with applicable anti-corruption laws and has instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.
Appears in 2 contracts
Samples: Amending and Restating Agreement (DHT Holdings, Inc.), Loan Agreement (DHT Holdings, Inc.)
Anti-corruption law. Each of the Security Parties Obligors and each Affiliate of any of them has conducted its businesses in compliance with applicable anti-corruption laws in all material respects and has instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.
Appears in 1 contract