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

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.

Appears in 5 contracts

Samples: Receivable Purchase Agreement (Rite Aid Corp), Receivable Purchase Agreement (Rite Aid Corp), Receivable Purchase Agreement (Rite Aid Corp)

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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.

Appears in 1 contract

Samples: Receivable Purchase Agreement (Rite Aid Corp)

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