Common use of Anti-Corruption; Sanctions Clause in Contracts

Anti-Corruption; Sanctions. Each Credit Party shall comply with and cause its Subsidiaries to comply with, and maintain in effect and enforce, policies and procedures designed to ensure compliance by each Credit Party, their Subsidiaries, and their respective directors, officers, employees and agents with Anti-Corruption Laws and Sanctions. Each Credit Party will not use the proceeds of any Loan, and will not allow such proceeds to be used (to such Credit Party’s knowledge after due care and inquiry) in any way that will violate any Anti-Corruption Laws or Sanctions.

Appears in 4 contracts

Samples: Credit Agreement (NGL Energy Partners LP), Credit Agreement (NGL Energy Partners LP), Credit Agreement (NGL Energy Partners LP)

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Anti-Corruption; Sanctions. Each Credit Party shall comply with and cause its Subsidiaries to comply with, and maintain in effect and enforceeffect, policies and procedures designed to ensure compliance by each Credit Party, their Subsidiaries, and their respective directors, officers, employees and agents with Anti-Corruption Laws and Sanctions. Each Credit Party will not use the proceeds of any Loan, and will not allow such proceeds to be used (to such Credit Party’s knowledge after due care and inquiry) in any way that will violate any Anti-Corruption Laws or Sanctions.

Appears in 3 contracts

Samples: Credit Agreement (KLX Energy Services Holdings, Inc.), Credit Agreement (KLX Energy Services Holdings, Inc.), Credit Agreement (KLX Energy Services Holdings, Inc.)

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Anti-Corruption; Sanctions. Each Credit Party shall comply with and cause its Subsidiaries to comply withshall, and shall cause each of its Restricted Subsidiaries to, maintain in effect and enforce, policies and procedures designed to ensure promote compliance by each Credit Party, their Subsidiaries, Party and their respective directors, officers, employees employees, and agents with all applicable Anti-Corruption Laws and Sanctions. Each Credit Party will not use the proceeds of any Loan, and will not allow such proceeds to be used (to such Credit Party’s knowledge after due care and inquiry) in any way that will violate any Anti-Corruption Laws or applicable Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Forum Energy Technologies, Inc.)

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