Common use of Anti-Money Laundering and Anti-Boycott Matters Clause in Contracts

Anti-Money Laundering and Anti-Boycott Matters. The Subscriber acknowledges that the Partnership seeks to comply with all applicable anti-money laundering and anti-boycott laws and regulations. In furtherance of these efforts, the Subscriber represents, warrants and agrees that: (i) no part of the funds used by the Subscriber to acquire the Interests or to satisfy its capital commitment or contribution obligations with respect thereto has been, or shall be, directly or indirectly derived from, or related to, any activity that may contravene United States federal or state or non-United States laws or regulations, including anti-money laundering laws and regulations, (ii) no capital commitment, contribution or payment to the Partnership by the Subscriber and no distribution to the Subscriber shall cause the Partnership or the General Partner to be in violation of any applicable anti-money laundering laws or regulations including, without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) regulations and (iii) all capital contributions or payments to the Partnership by the Subscriber will be made through an account located in a jurisdiction that does not appear on the list of boycotting countries published by the United States Department of Treasury pursuant to Section 999(a)(3) of the Code, in effect at the time of such contribution or payment. The Subscriber acknowledges and agrees that, notwithstanding anything to the contrary contained in the Partnership Agreement, any side letter or any other agreement, to the extent required by any anti-money laundering law or regulation or by OFAC, the Partnership and the General Partner may prohibit additional capital contributions, restrict distributions or take any other reasonably necessary or advisable action with respect to the Interests, and the Subscriber shall have no claim, and shall not pursue any claim, against the Partnership, the General Partner or any other Person in connection therewith.

Appears in 3 contracts

Samples: Subscription Agreement (Canada Pension Plan Investment Board), Subscription Agreement (Energy Capital Partners Iii, Lp), Subscription Agreement (BlackRock Inc.)

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Anti-Money Laundering and Anti-Boycott Matters. The Subscriber Such Partner acknowledges that the Partnership seeks to comply with all applicable anti-money laundering and anti-boycott laws and regulations. In furtherance of these efforts, the Subscriber such Partner represents, warrants and agrees that: (i) no part of the funds used by the Subscriber such Partner to acquire the Interests or and/or to satisfy its capital commitment or contribution Capital Contribution obligations with respect thereto has been, or shall be, directly or indirectly derived from, or related to, from any activity that may contravene United States federal or state or non-United States laws or regulations, including anti-money laundering laws and regulations, (ii) no capital commitment, contribution Capital Contribution or payment to the Partnership by the Subscriber such Partner and no distribution to the Subscriber such Partner shall cause the Partnership or the General Partner to be in violation of any applicable anti-money laundering laws or regulations including, without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the United States U.S. Department of the Treasury Office of Foreign Assets Control (“OFAC”) regulations and (iii) all capital contributions Capital Contributions or payments to the Partnership by the Subscriber such Partner will be made through an account located in a jurisdiction that does not appear on the list of boycotting countries published by the United States U.S. Department of Treasury pursuant to Section Code §999(a)(3) of the Code), in effect at the time of such contribution or payment. The Subscriber Such Partner acknowledges and agrees that, notwithstanding anything to the contrary contained in the Partnership this Agreement, any side letter or any other agreement, to the extent required by any anti-money laundering law or regulation or by OFAC, the Partnership and the General Partner may prohibit additional capital contributions, restrict distributions or take any other reasonably necessary or advisable action with respect to the Interests, and the Subscriber such Partner shall have no claim, and shall not pursue any claim, against the Partnership, the General Partner or any other Person in connection therewith.

Appears in 3 contracts

Samples: Industrial Property Trust Inc., Industrial Property Trust Inc., Industrial Property Trust Inc.

Anti-Money Laundering and Anti-Boycott Matters. The Subscriber Such Member acknowledges that the Partnership Company seeks to comply with all applicable anti-money laundering and anti-boycott laws and regulations. In furtherance of these efforts, the Subscriber represents, warrants and agrees that: (i) no No part of the funds used by the Subscriber such Member to acquire the Interests or to satisfy its capital commitment or contribution obligations with respect thereto Interest has been, or shall be, directly or indirectly indirectly, derived from, or related to, from any activity that may contravene United States federal or state or non-United States laws or regulations, including anti-money laundering laws and regulations, (ii) no capital commitment, contribution or payment to the Partnership Company by the Subscriber such Member and no distribution to the Subscriber such Member shall cause the Partnership Company or the General Partner Managing Member to be in violation of any applicable anti-money laundering laws or regulations includingregulations, without limitation, including the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) regulations regulations, and (iii) all capital contributions Capital Contributions or payments to the Partnership Company by the Subscriber will such Member shall be made through an account located in a jurisdiction that does not appear on the list of boycotting countries published by the United States Department of Treasury pursuant to Code Section 999(a)(3) of the Code), as in effect at the time of such contribution or payment. The Subscriber Such Member acknowledges and agrees that, notwithstanding anything to the contrary contained in the Partnership this Agreement, any side letter or any other agreement, to the extent required by any anti-money laundering law laws or regulation regulations or by OFAC, the Partnership Company and the General Partner Managing Member may prohibit additional capital contributionsCapital Contributions, restrict distributions or take any other reasonably necessary or advisable action with respect to the Interestsinterests in the Company, and the Subscriber such Member shall have no claim, and shall not pursue any claim, against the PartnershipCompany, the General Partner Managing Member or any other Person in connection therewith.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (General Growth Properties, Inc.), Limited Liability Company Agreement (General Growth Properties, Inc.)

Anti-Money Laundering and Anti-Boycott Matters. The Subscriber Each Limited Partner acknowledges that the Partnership seeks to comply with all applicable anti-money laundering and anti-boycott laws and regulations. In furtherance of these efforts, the Subscriber each Limited Partner represents, warrants and agrees that: (i) no part of the funds used by the Subscriber such Limited Partner to acquire the Interests or and/or to satisfy its capital commitment or contribution Capital Contribution obligations with respect thereto has been, or shall be, directly or indirectly derived from, or related to, from any activity that may contravene United States federal or state or non-United States laws or regulations, including anti-money laundering laws and regulations, (ii) no capital commitment, contribution Capital Contribution or payment to the Partnership by the Subscriber such Limited Partner and no distribution to the Subscriber such Limited Partner shall cause the Partnership or the General Partner to be in violation of any applicable anti-money laundering laws or regulations including, without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the United States U.S. Department of the Treasury Office of Foreign Assets Control (“OFAC”) regulations and (iii) all capital contributions Capital Contributions or payments to the Partnership by the Subscriber such Limited Partner will be made through an account located in a jurisdiction that does not appear on the list of boycotting countries published by the United States U.S. Department of Treasury pursuant to Section Code §999(a)(3) of the Code), in effect at the time of such contribution or payment. The Subscriber Each Limited Partner acknowledges and agrees that, notwithstanding anything to the contrary contained in the Partnership this Agreement, any side letter or any other agreement, to the extent required by any anti-money laundering law or regulation or by OFAC, the Partnership and the General Partner may prohibit additional capital contributions, restrict distributions or take any other reasonably necessary or advisable action with respect to the Interests, and the Subscriber such Limited Partner shall have no claim, and shall not pursue any claim, against the Partnership, the General Partner or any other Person in connection therewith.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Industrial Property Trust Inc.), Industrial Property Trust Inc.

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Anti-Money Laundering and Anti-Boycott Matters. The Subscriber acknowledges that the Partnership seeks to comply with all applicable anti-money laundering and anti-boycott laws and regulations. In furtherance of these efforts, the Subscriber represents, warrants and agrees that: (i) no part of the funds used by the Subscriber to acquire the Interests or to satisfy its capital commitment or contribution obligations with respect thereto has been, or shall be, directly or indirectly derived from, or related to, any activity that may contravene United States federal or state or non-United States laws or regulations, including anti-anti- money laundering laws and regulations, (ii) no capital commitment, contribution or payment to the Partnership by the Subscriber and no distribution to the Subscriber shall cause the Partnership or the General Partner to be in violation of any applicable anti-money laundering laws or regulations including, without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the United States U.S. Department of the Treasury Office of Foreign Assets Control (“OFAC”) regulations and (iii) all capital contributions or payments to the Partnership by the Subscriber will be made through an account located in a jurisdiction that does not appear on the list of boycotting countries published by the United States U.S. Department of Treasury pursuant to Section Code §999(a)(3) of the Code), in effect at the time of such contribution or payment. The Subscriber acknowledges and agrees that, notwithstanding anything to the contrary contained in the Partnership Agreement, any side letter or any other agreement, to the extent required by any anti-money laundering law or regulation or by OFAC, the Partnership and the General Partner may prohibit additional capital contributions, restrict distributions or take any other reasonably necessary or advisable action with respect to the Interests, and the Subscriber shall have no claim, and shall not pursue any claim, against the Partnership, the General Partner or any other Person in connection therewith.

Appears in 1 contract

Samples: jsg.legis.state.pa.us

Anti-Money Laundering and Anti-Boycott Matters. The Subscriber Such Member acknowledges that the Partnership Company seeks to comply with all applicable anti-money laundering and anti-boycott laws and regulations. In furtherance of these efforts, the Subscriber represents, warrants and agrees that: (i) no No part of the funds used by the Subscriber such Member to acquire the Interests or to satisfy its capital commitment or contribution obligations with respect thereto Interest has been, or shall be, directly or indirectly indirectly, derived from, or related to, from any activity that may contravene United States federal or state or non-United States laws or regulations, including anti-money laundering laws and regulations, (ii) no capital commitment, contribution or payment to the Partnership Company by the Subscriber such Member and no distribution to the Subscriber such Member shall cause the Partnership Company or the General Partner Managing Member to be in violation of any applicable anti-money laundering laws or regulations includingregulations, without limitation, including the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) regulations regulations, and (iii) all capital contributions Capital Contributions or payments to the Partnership Company by the Subscriber will such Member shall be made through an account located in a jurisdiction that does not appear on the list of boycotting countries published by the United States Department of Treasury pursuant to Code Section 999(a)(3) of the Code), as in effect at the time of such contribution or payment. The Subscriber Such Member acknowledges and agrees that, notwithstanding anything to the contrary contained in the Partnership this Agreement, any side letter or any other agreement, to the extent required by any anti-money laundering law laws or regulation regulations or by OFAC, the Partnership Company and the General Partner Managing Member may prohibit additional capital contributionsCapital Contributions, restrict distributions or take any other reasonably necessary or advisable action with respect to the Interestsinterests in the Company, and the Subscriber such Member shall have no claim, and shall not pursue any claim, against the PartnershipCompany, the General Partner Managing Member or any other Person in connection therewith.. 9.12 No Plan Assets. Such Member does not hold Plan Assets and shall not fund any Capital Contribution with Plan Assets. Without limitation of the foregoing, such Member is not a “foreign person” within the meaning of Section 1445 of the Code; such party is not an “employee benefit plan”, as defined in Section 3(3) of ERISA, or a “plan”, as defined in Section 4975(e) of the Code, and the assets of such party have not been deemed “plan assets” or one or more such plans for purposes of Title I of ERISA or Section 4975 of the Code; such party is not a “governmental plan” within the meaning of Section 3(32) of ERISA, and no transaction by or with such party is subject to or in violation of any state statutes applicable to regulation of investments of and fiduciary obligations with respect to governmental plans. ARTICLE 10

Appears in 1 contract

Samples: Limited Liability Company Agreement

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