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

Anti-Corruption Laws; Anti-Money Laundering Laws. (a) None of the members of the Group nor any director, officer, employee, or agent associated with or acting on behalf of any of the foregoing shall (i) use any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity, (ii) offer, pay, give, promise to pay, authorize the payment of, or take any action in furtherance of the payment of anything of value directly or indirectly to a Government Official or any other person to improperly influence the recipient’s action or otherwise to obtain or retain business or to secure an improper business advantage or (iii), by act or omission, violate any Anti-Corruption Laws.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)

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Anti-Corruption Laws; Anti-Money Laundering Laws. (a) None of the members of the Group nor or any director, officer, employee, or agent associated with or acting on behalf of any a member of the foregoing shall Group (i) use has used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity, ; (ii) offeroffered, paypaid, givegiven, promise promised to pay, authorize authorized the payment of, or take taken any action in furtherance of the payment of anything of value directly or indirectly to a Government Official or any other person to improperly influence the recipient’s action or otherwise to obtain or retain business or to secure an improper business advantage advantage; or (iii), by act ) violated or omission, violate is in violation of any provision of any Anti-Corruption Laws.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)

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