Anti-Corruption Laws and Anti-Money Laundering Laws. Each Borrower and its Subsidiaries are in compliance in all material respects with the United States Foreign Corrupt Practices Act of 1977, the UK Xxxxxxx Xxx 0000, and other similar anti-corruption legislation in other jurisdictions in which the Borrowers or any of their Subsidiaries conduct business and with all applicable Anti-Money Laundering Laws. Each Borrower and its Subsidiaries have instituted and maintain policies and procedures designed to promote and achieve compliance with all applicable anti-corruption laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. The Seller, each Person directly or indirectly controlling the Seller, each Person directly or indirectly controlled by the Seller shall, in all material respects, (i) comply with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws; (ii) maintain policies and procedures reasonably designed to promote compliance with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws; and (iii) not use any portion of the Purchase Price paid hereunder in violation of any Anti-Corruption Laws or Anti-Money Laundering Laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. (i) The Loan Parties, their Subsidiaries and their respective directors and officers, and, to the knowledge of the Loan Parties, their employees, representatives, and agents are, and at all times have been, in compliance in all material respects with Anti-Money Laundering Laws.
(ii) The Loan Parties, their Subsidiaries and their respective directors and officers, and, to the knowledge of the Loan Parties, their employees, representatives, and agents are, and have at all times been, in compliance in all material respects with Anti-Corruption Laws.
(iii) No Loan Party, Subsidiary nor any of their respective directors and officers, or, to the knowledge of the Loan Parties, their employees, representatives, or agents have directly or indirectly: (i) used any corporate funds for any unlawful contributions, gifts, entertainment or other unlawful expenses relating to any political activity; or (ii) made, offered to make, promised to make or otherwise authorized the payment or giving of, directly or indirectly, any bribe, rebate, payoff, influence payment, kickback or other payment or gift of money or anything of value to any officer, employee or ceremonial office holder of any government or instrumentality thereof, any political party or supra-national organization or to any other Person in order to obtain, retain or direct business or obtain any improper advantage ((i)-(ii), an "Improper Payment").
(iv) No Loan Party, Subsidiary or any of their respective directors and officers, and, to the knowledge of the Loan Parties, employees is the subject of, or party to, any Adverse Proceeding relating to any Improper Payment or actual or alleged violation of Anti-Corruption Laws or Anti-Money Laundering Laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. The Borrower shall, and the Borrower shall ensure that each Person directly or indirectly owning or controlling the Borrower and each Person directly or indirectly owned or controlled by the Borrower and, to the Borrower’s knowledge, any director, officer or employee of the foregoing shall: (i) comply with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws in all material respects, and shall maintain policies and procedures reasonably designed to promote compliance with such Anti-Money Laundering Laws and Anti-Corruption Laws; (ii) conduct any due diligence in connection with the transactions contemplated herein required to comply with such Anti-Money Laundering Laws; (iii) not, directly or knowingly indirectly, use any of the credit to fund, finance or facilitate any activities, business or transactions that are in violation of any such Anti-Corruption Laws or Anti-Money Laundering Laws; and (iv) not fund any repayment of the Obligations with proceeds that are directly or knowingly indirectly derived from any transaction or activity that is prohibited by any such Anti-Corruption Laws or Anti-Money Laundering Laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. The Borrower, any Person directly or indirectly owning or controlling the Borrower (to the Borrower’s knowledge), any Person directly or indirectly owned or controlled by the Borrower, and any director, officer or employee of any the Borrower or such Person (i) has policies, procedures and controls reasonably designed to promote compliance with applicable Anti-Money Laundering Laws and Anti-Corruption Laws and (ii) are not, to the Borrower’s knowledge, under investigation for an alleged violation of Anti-Money Laundering Laws or Anti-Corruption Laws in any material respect by a Governmental Authority that enforces such laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. (a) The Borrowers will and shall cause each of their Subsidiaries to maintain policies and procedures that are designed to ensure compliance by each Borrower Party, its Subsidiaries and their respective directors, officers, employees and agents with all Anti-Corruption Laws and Anti-Money Laundering Laws.
(b) The Borrowers will and shall cause each of their Subsidiaries to comply with all applicable Anti-Corruption Laws and Anti-Money Laundering Laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. The Borrower will maintain in effect policies designed to promote compliance by the Borrower, its Subsidiaries, and their respective directors, officers, employees, and agents with the FCPA and any other applicable Anti-Corruption Laws and Anti-Money Laundering Laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. The Seller will not, directly or indirectly, use any proceeds of a Purchase or Letter of Credit for any purpose which would result in a violation of Anti-Corruption Laws or Anti-Money Laundering Laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. None of the Borrowers will, nor xxxx Xxxxx permit any of its Consolidated Subsidiaries to, directly or indirectly, knowingly use any Credit Extension, or the proceeds of any Credit Extension, for any purpose which would breach (a) the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010, the Corruption of Foreign Public Officials Act (Canada), and other similar anti-corruption legislation in other jurisdictions, or (b) any Anti-Money Laundering Laws.
Anti-Corruption Laws and Anti-Money Laundering Laws. (a) The Borrower shall not directly or indirectly use the proceeds of the Facility for any purpose which would breach any Anti-Corruption Laws or Anti-Money Laundering Laws.
(b) The Borrower shall:
(i) comply with Anti-Corruption Laws and Anti-Money Laundering Laws;
(ii) maintain policies and procedures designed to promote and achieve compliance with such laws; and
(iii) take all reasonable and prudent steps to ensure that each of its Senior Officials comply with such laws.
