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

Anti-Corruption Laws; Anti-Money Laundering Laws. The Company will maintain in effect and enforce policies and procedures reasonably designed to promote compliance by the Company and its Subsidiaries with applicable Anti-Corruption and Anti Money Laundering Laws, rules and regulations. The Company will not, nor will the Company permit any of its Subsidiaries to, use the proceeds of any Credit Extension (including any indirect use intended by the Company or such Subsidiary) for any purpose which would result in a violation by the Company or such Subsidiary of any Anti-Corruption Law or Anti-Money Laundering Law.

Appears in 3 contracts

Samples: Credit Agreement (LyondellBasell Industries N.V.), Credit Agreement (LyondellBasell Industries N.V.), Credit Agreement (LyondellBasell Industries N.V.)

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