Common use of Anti-Corruption Laws, OFAC, PATRIOT Act Compliance Clause in Contracts

Anti-Corruption Laws, OFAC, PATRIOT Act Compliance. (a) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, knowingly use the proceeds of any Loan or Letter of Credit: (i) for any purpose which would violate the Anti-Corruption Laws; (ii) to fund, finance or facilitate any activity, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions; or (iii) in any other manner that would result in a material violation of any applicable Sanctions by any Agent, Issuing Lender or Lender. (b) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, use funds or assets obtained from transactions with or otherwise relating to (i) Designated Persons or (ii) any Sanctioned Country, to pay or repay any Obligation. (c) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will: (i) conduct its business in compliance with the Anti-Corruption Laws; (ii) maintain policies and procedures designed to promote and achieve compliance with the Anti-Corruption Laws; and (iii) have appropriate controls and safeguards in place designed to prevent any proceeds of any extension of credit made hereunder from being used contrary to the representations and undertakings set forth herein. (d) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will, comply in all material respects with all foreign and domestic laws, rules and regulations (including the Patriot Act, foreign exchange control regulations, foreign asset control regulations and other trade-related regulations).

Appears in 1 contract

Samples: Credit Agreement (Intercontinental Exchange, Inc.)

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Anti-Corruption Laws, OFAC, PATRIOT Act Compliance. (a) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, knowingly use the proceeds of any Loan or Letter of Credit: (i) for any purpose which would violate the Anti-Corruption Laws; (ii) to fund, finance or facilitate any activity, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions; or (iii) in any other manner that would result in a material violation of any applicable Sanctions by any Agent, Issuing Lender or Lender. (b) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, use funds or assets obtained from transactions with or otherwise relating to (i) Designated Persons or (ii) any Sanctioned Country, to pay or repay any Obligation. (c) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will: (i) conduct its business in compliance with the Anti-Corruption Laws; (ii) maintain policies and procedures designed to promote and achieve compliance with the Anti-Corruption Laws; and (iii) have appropriate controls and safeguards in place designed to prevent any proceeds of any extension of credit made hereunder from being used contrary to the representations and undertakings set forth herein. (d) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will, comply in all material respects with all foreign and domestic laws, rules and regulations (including the Patriot Act, foreign exchange control regulations, foreign asset control regulations and other trade-related regulations).

Appears in 1 contract

Samples: Credit Agreement (IntercontinentalExchange Group, Inc.)

Anti-Corruption Laws, OFAC, PATRIOT Act Compliance. (a) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, knowingly use the proceeds of any Loan or Letter of CreditLoan: (i) for any purpose which would violate the Anti-Corruption Laws; (ii) to fund, finance or facilitate any activity, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions; or (iii) in any other manner that would result in a material violation of any applicable Sanctions by the Administrative Agent or any Agent, Issuing Lender or Lender. (b) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, use funds or assets obtained from transactions with or otherwise relating to (i) Designated Persons or (ii) any Sanctioned Country, to pay or repay any Obligation. (c) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will: (i) conduct its business in compliance with the Anti-Corruption Laws; (ii) maintain policies and procedures designed to promote and achieve compliance with the Anti-Corruption Laws; and (iii) have appropriate controls and safeguards in place designed to prevent any proceeds of any extension of credit made hereunder from being used contrary to the representations and undertakings set forth herein. (d) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will, comply in all material respects with all foreign and domestic laws, rules and regulations (including the Patriot PATRIOT Act, foreign exchange control regulations, foreign asset control regulations and other trade-related regulations).

Appears in 1 contract

Samples: Term Loan Credit Agreement (Intercontinental Exchange, Inc.)

Anti-Corruption Laws, OFAC, PATRIOT Act Compliance. (a) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, knowingly use the proceeds of any Loan or Letter of Credit: (i) for any purpose which would violate the Anti-Corruption Laws; (ii) to fund, finance or facilitate any activity, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions; or (iii) in any other manner that would result in a material violation of any applicable Sanctions by any Agent, Issuing Lender or Lender. (b) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, use funds or assets obtained from transactions with or otherwise relating to (i) Designated Persons or (ii) any Sanctioned Country, to pay or repay any Obligation. (c) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will: (i) conduct its business in compliance with the Anti-Corruption Laws; (ii) maintain policies and procedures designed to promote and achieve compliance with the Anti-Corruption Laws; and (iii) have appropriate controls and safeguards in place designed to prevent any proceeds of any extension of credit made hereunder from being used contrary to the representations and undertakings set forth herein. (d) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will, comply in all material respects with all foreign and domestic laws, rules and regulations (including the Patriot Act, foreign exchange control regulations, foreign asset control regulations and other trade-related regulations).

Appears in 1 contract

Samples: Credit Agreement (Intercontinental Exchange, Inc.)

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Anti-Corruption Laws, OFAC, PATRIOT Act Compliance. (a) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, knowingly use the proceeds of any Loan or Letter of Credit: (i) for any purpose which would violate the Anti-Corruption Laws; (ii) to fund, finance or facilitate any activity, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions; or (iii) in any other manner that would result in a material violation of any applicable Sanctions by any Agent, Issuing Lender or Lender. (b) The Parent Borrower shall not, and shall ensure that none of its Subsidiaries will, use funds or assets obtained from transactions with or otherwise relating to (i) Designated Persons or (ii) any Sanctioned Country, to pay or repay any Obligation. (c) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will: (i) conduct its business in compliance with the Anti-Corruption Laws; (ii) maintain policies and procedures designed to promote and achieve compliance with the Anti-Corruption Laws; and (iii) have appropriate controls and safeguards in place designed to prevent any proceeds of any extension of credit made hereunder from being used contrary to the representations and undertakings set forth herein. (d) The Parent Borrower shall, and shall ensure that each of its Subsidiaries will, comply in all material respects with all foreign and domestic laws, rules and regulations (including the Patriot Act, foreign exchange control regulations, foreign asset control regulations and other trade-related regulations).

Appears in 1 contract

Samples: Credit Agreement (Intercontinental Exchange, Inc.)

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