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

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.

Appears in 5 contracts

Samples: Amendment No. 2 to Facility Documents (Blue Owl Technology Income Corp.), Credit and Security Agreement (Blue Owl Credit Income Corp.), Credit and Security Agreement (Blue Owl Technology Income Corp.)

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