Common use of Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions Clause in Contracts

Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions. Each Originator shall not use, and each Originator shall procure that its Subsidiaries and its or their respective directors, officers, employees and agents shall not use, proceeds of the Sale Price of any Transferred Receivables (A) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws or Anti-Terrorism Laws, (B) for the purpose of funding or financing any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, in each case to the extent doing so would violate any Sanctions, or (C) in any other manner that would result in liability to any party hereto under any applicable Sanctions or the violation of any Sanctions by any such Person.

Appears in 5 contracts

Samples: Receivables Funding and Administration Agreement (Td Synnex Corp), Receivables Funding and Administration Agreement (Td Synnex Corp), Receivables Funding and Administration Agreement (Td Synnex Corp)

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Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions. Each Originator shall The Servicer will not userequest any Purchase, and each Originator shall procure that its Subsidiaries and its or their respective directors, officers, employees employees, and agents shall not use, the proceeds of the Sale Price of any Transferred Receivables Purchase (A) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws Laws, or Anti-Terrorism Laws, (B) for the purpose of funding or financing any activities, business business, or transaction of of, or with any Sanctioned Person, or in any Sanctioned Country, in each case to the extent doing so would violate any Sanctions,, or (C) in any other manner that would result in liability to any party hereto under any applicable Sanctions or result in the violation of any Sanctions by any such PersonAnti-Corruption Laws, Anti-Terrorism Laws, or Sanctions.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp)

Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions. Each Originator Such Seller shall not use, and each Originator shall procure that use or permit its Subsidiaries and or its or their respective directors, officers, employees and or agents shall not to use, the proceeds of any Transaction entered into pursuant to the Sale Price of any Transferred Receivables Transaction Agreements (A) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws or Anti-Terrorism Laws, (B) for the purpose of funding or financing any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, in each case to the extent doing so would violate any Sanctions, or (C) in any other manner that would result in liability to any party hereto Person under any applicable Sanctions or result in the violation of any Sanctions by any such PersonAnti-Corruption Laws, Anti-Terrorism Laws or Sanctions.

Appears in 1 contract

Samples: Master Framework Agreement (Hill-Rom Holdings, Inc.)

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Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions. Each Originator shall not use, and each Originator shall procure that its Subsidiaries and its or their respective directors, officers, employees and agents shall not use, proceeds of the Sale Price of any Transferred Receivables (A) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws or Anti-Terrorism Laws, (B) for the purpose of funding or financing any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, in each case to the extent doing so would violate any Sanctions, or (C) in any other manner that would result in liability to any party hereto under any applicable Sanctions or the violation of any Sanctions by any such Person.. 745039911 21696099 24

Appears in 1 contract

Samples: Receivables Sale and Servicing Agreement (Td Synnex Corp)

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