Common use of Anti-Money Laundering and Sanctions Clause in Contracts

Anti-Money Laundering and Sanctions. (a) Notwithstanding any other provision of a Finance Document to the contrary, a Finance Party is not obliged to do or omit to do anything if it would, or might in its reasonable opinion, constitute a breach of any AML/CTF Law or economic or trade sanctions laws or regulations applicable to that Finance Party, including without limitation the Charter of the United Nations Act 1945 (Cth), the Charter of the United Nations (Dealing with Assets) Regulations 2008 (Cth), the Banking (Foreign Exchange) Regulations 1959 (Cth), the Autonomous Sanctions Regulations 2011 (Cth) and any other applicable sanctions legislation.

Appears in 4 contracts

Samples: Certain Confidential Information (Metals Acquisition LTD), Certain Confidential Information (Metals Acquisition Corp), Agreement (Metals Acquisition LTD)

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