Anti-Corruption Laws, Etc Sample Clauses
The 'Anti-Corruption Laws, Etc' clause requires parties to comply with all applicable anti-corruption and anti-bribery laws in connection with their activities under the agreement. Typically, this means that neither party may offer, give, solicit, or accept bribes or improper payments, and they must implement reasonable procedures to prevent corrupt practices. The core function of this clause is to ensure legal compliance and ethical conduct, thereby reducing the risk of legal penalties and reputational harm arising from corrupt activities.
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Anti-Corruption Laws, Etc. No Loan Party, any of its Restricted Subsidiaries or, to the knowledge of the Borrowers, any of their respective Affiliates or any officer, director, or employee, or agent, representative, sales intermediary of such Person, in each case, acting on behalf of any Loan Party or any of its Restricted Subsidiaries in violation of any applicable Anti-Corruption Law. None of the Loan Parties, any of their Restricted Subsidiaries or any of their Affiliates has been convicted of violating any Anti-Corruption Laws or subjected to any investigation by a Governmental Authority for violation of any applicable Anti-Corruption Laws. There is no material suit, litigation, arbitration, claim, audit, action, proceeding or investigation pending or, to the knowledge of any executive officer of the Borrowers, threatened against or affecting the Loan Parties, their Restricted Subsidiaries or any of their Affiliates related to any applicable Anti-Corruption Law, before or by any Governmental Authority. None of the Loan Parties nor any of their respective Restricted Subsidiaries has conducted or initiated any internal investigation or made a voluntary, directed, or involuntary disclosure to any Governmental Authority with respect to any alleged act or omission arising under or relating to any noncompliance with any Anti-Corruption Law. In the three (3) years prior to the Closing Date, none of the Loan Parties nor any of their respective Restricted Subsidiaries has received any written notice, request or citation for any actual or potential noncompliance with any of the foregoing.
Anti-Corruption Laws, Etc. (i) Since the Closing Date, there has been no action taken by any Credit Party or any of its Subsidiaries or, to the knowledge of Holdings and the Borrower, any officer, director, or employee, or any agent, representative, sales intermediary, or other third party of any Credit Party or any of its Subsidiaries, in each case, acting on behalf of any Credit Party or any of its Subsidiaries in violation of any applicable Anti-Corruption Law. Since the Closing Date, none of the Credit Parties or any of their Subsidiaries has been convicted of violating any Anti-Corruption Laws or, to the knowledge of Holdings and the Borrower, subjected to any investigation by a Governmental Authority for violation of any applicable Anti-Corruption Laws. There is no material suit, litigation, arbitration, claim, audit, action, proceeding or investigation pending or, to the knowledge of any Executive Officer of the Borrower, threatened against or affecting the Credit Parties or any of their Subsidiaries related to any applicable Anti-Corruption Law, before or by any Governmental Authority. Since the Closing Date, none of the Credit Parties nor any of their respective Subsidiaries has conducted or initiated any internal investigation or made a voluntary, directed, or involuntary disclosure to any Governmental Authority with respect to any alleged act or omission arising under or relating to any noncompliance with any Anti-Corruption Law. Since the Closing Date, none of the Credit Parties nor any of their respective Subsidiaries has received any written notice, request or citation for any actual or potential noncompliance in any material respect with any of the foregoing.
(ii) To the actual knowledge of the Credit Parties and their Subsidiaries after making due inquiry, none of the Credit Parties nor any of their Subsidiaries has, since the Closing Date, directly or indirectly offered, promised, given, paid or authorized the offer, promise, giving or payment of anything of value to a Governmental Official or a commercial counterparty for the purposes of: (1) influencing any act, decision or failure to act by such Governmental Official in his or her official capacity or such commercial counterparty, (2) inducing a Governmental Official to do or omit to do any act in violation of the Governmental Official’s lawful duty, or (3) inducing a Governmental Official or a commercial counterparty to use his or her influence with a government or instrumentality to affect any act or decision o...
Anti-Corruption Laws, Etc. Since five (5) years prior to the Closing Date, to the knowledge of the Responsible Officers, there has been no action taken by any Credit Party or any of its Controlled Entities or any officer, director, or employee thereof in violation of applicable Anti-Corruption Laws in any material respect. None of the Credit Parties or any of their Controlled Entities has been convicted of violating any Anti-Corruption Laws. As of the Closing Date, there is no material suit, litigation, arbitration, claim, audit, action, proceeding or investigation pending or, to the knowledge of any Executive Officer of the Borrower, threatened against or affecting the Credit Parties or any of their Controlled Entities related to any applicable Anti-Corruption Laws, before or by any Governmental Entity. In the five (5) years prior to the Closing Date, none of the Credit Parties or any of their respective Subsidiaries or Unrestricted Subsidiaries has received any written notice, request or citation for any actual or potential noncompliance with any of the foregoing.
Anti-Corruption Laws, Etc. Directly or indirectly use the proceeds of any Credit Extension for any purpose which would breach the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010, applicable anti-money laundering laws and other anti-corruption and anti-money laundering legislation in other jurisdictions.
Anti-Corruption Laws, Etc. During the five (5) years prior to the Closing Date, there has been no action taken, directly or indirectly, by any Credit Party or any of its Controlled Entities or any officer, director, or employee of any Credit Party or any of its Controlled Entities when they are acting on behalf of any Credit Party or any of its Controlled Entities, in violation of the FCPA or in material violation of any other applicable Anti-Corruption Laws. In the five (5) years prior to the Closing Date, to the knowledge of the Responsible Officers, (i) none of the Credit Parties or any of their Controlled Entities has been subjected to any investigation by a Governmental Entity for violation of any applicable Anti-Corruption Laws, (ii) there has been no material suit, litigation, arbitration, claim, audit, action, investigation, or proceeding pending or threatened against the Credit Parties or any of their Controlled Entities related to any applicable Anti-Corruption Laws, before or by any Governmental Entity, and (iii) none of the Credit Parties or any of their respective Subsidiaries has received any written notice, request or citation regarding any actual or potential noncompliance with any of the foregoing. In the five (5) years prior to the Closing Date, none of the Credit Parties or any of their respective Subsidiaries has made a voluntary, directed, or involuntary disclosure to any Governmental Entity with respect to any alleged act or omission arising under or relating to any noncompliance with any Anti-Corruption Laws.
Anti-Corruption Laws, Etc. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with the United States Foreign Corrupt Practices Act of 1977, the UK ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, applicable anti-money laundering laws, and other applicable anti-corruption and anti-money laundering legislation in other jurisdictions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.
Anti-Corruption Laws, Etc. The Borrower will maintain in effect and enforce policies and procedures designed to promote and achieve compliance by the Borrower, its Subsidiaries and their respective directors, officers, employees and agents with the Beneficial Ownership Regulation, applicable Anti-Terrorism Laws, the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq. (and any foreign counterpart thereto) or any other applicable anti-corruption law and applicable Sanctions.
Anti-Corruption Laws, Etc. Each Covered Entity has (a) conducted its business in compliance with all Anti-Corruption Laws and all applicable Sanctions and (b) has instituted and maintains policies and procedures designed to ensure compliance with such Laws and such Sanctions.
Anti-Corruption Laws, Etc. The Company shall not knowingly use or permit any of its Affiliates to use, directly or indirectly, the proceeds of credit extensions hereunder (a) for any purpose which would breach the U.K. ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions, (b) to fund, finance or facilitate any activities, business or transaction in violation of Sanctions, as such Sanctions Lists or Sanctions are in effect from time to time (deeming, for purposes of this clause (c), any Sanctions applicable to the Company to be applicable to any Borrowing Subsidiary), or (d) in any other manner that will result in the violation of any applicable Sanctions by any Lender. The Company shall not knowingly use or permit any of its Affiliates to use funds or assets obtained directly or indirectly from transactions in violation of Sanctions, as such Sanctions Lists or Sanctions are in effect from time to time, to pay or repay any amount owing to any Lender under any Loan Document. The Company shall use its best efforts to ensure that the Company and each of its Affiliates will conduct its business in compliance with Anti-Corruption Laws. The Company shall ensure that the Company and each of its Affiliates will (a) maintain policies and procedures designed to promote and achieve compliance with Anti-Corruption Laws and (b) have appropriate controls and safeguards in place designed to prevent any proceeds from any extension of credit hereunder from being used contrary to the representations and undertakings of the Company set forth herein.
Anti-Corruption Laws, Etc. No Obligor or, to the knowledge of the Borrowers, any of their respective Affiliates or any officer, director, or employee, or agent, representative, sales intermediary of such Person, in each case, acting on behalf of any Obligor or any of its Restricted Subsidiaries in violation of any applicable Anti-Corruption Law. None of the Obligors or any of their Affiliates has been convicted of violating any Anti-Corruption Laws or subjected to any investigation by a Governmental Authority for violation of any applicable Anti-Corruption Laws. There is no material suit, litigation, arbitration, claim, audit, action, proceeding or investigation pending or, to the knowledge of any executive officer of the Borrowers, threatened (in writing) against or affecting the Obligors or any of their Affiliates related to any applicable Anti-Corruption Law, before or by any Governmental Authority. None of the Obligors has conducted or initiated any internal investigation or made a voluntary, directed, or involuntary disclosure to any Governmental Authority with respect to any alleged act or omission arising under or relating to any noncompliance with any Anti-Corruption Law. In the three (3) years prior to the Closing Date, none of the Obligors has received any written notice, request or citation for any actual or potential noncompliance with any of the foregoing.
