Common use of Anti-Money Laundering/International Trade Law Compliance Clause in Contracts

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Law; (C) the funds used to pay the Servicer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer covenants and agrees that it shall immediately notify the Servicer in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date Payment Date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; , (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; , (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; Law or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; , (B) the proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Law; , (C) the funds used to pay the Servicer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer covenants and agrees that it shall immediately notify the Servicer in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As Each Credit Party represents and warrants to the Agent, as of the date of this Agreement, the date of each Remittance Date Advance, the date of any renewal, extension or payment date under Section 3.02 or Section 3.03modification of this Agreement, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in fullTermination Date, that: (Aa) no Covered Entity (1i) is a Sanctioned Person; (2ii) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism LawPerson; or (3iii) does business in or with, or derives any of its operating income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; law, regulation, order or (4) engages in any dealings or transactions prohibited directive enforced by any Anti-Terrorism LawCompliance Authority; (Bb) the proceeds of this Agreement Advances will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw, regulation, order or directive enforced by any Compliance Authority; (Cc) the funds used to pay repay the Servicer Obligations are not derived from any unlawful activity; and (Dd) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer covenants Credit Parties covenant and agrees agree that it they shall immediately notify the Servicer Agent in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Law; (C) the funds used to pay the Master Servicer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer Owner covenants and agrees that it shall immediately notify the Master Servicer in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the this Agreement has been terminated and all amounts Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement any Program Document will not be used to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw; (C) the funds used to pay the Servicer or Buyer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any LawsRequirements of Law, including but not limited to any Anti-Terrorism Laws. The Issuer Seller covenants and agrees that it shall immediately notify the Servicer Buyer in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As Each Loan Party represents and warrants to Agent, as of the date of this Agreement, the date of each Remittance Date Advance, the date of any renewal, extension or payment date under Section 3.02 or Section 3.03modification of this Agreement, and at all times until the this Agreement has been terminated and all amounts hereunder Obligations have been indefeasibly paid in full, that: (Aa) no Covered Entity (1i) is a Sanctioned Person; (2ii) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism LawPerson; or (3iii) does business in or with, or derives any of its operating income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited Law enforced by any Anti-Terrorism LawCompliance Authority; (Bb) the proceeds of this Agreement Advances will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any LawAnti-Terrorism Law enforced by any Compliance Authority; (Cc) the funds used to pay repay the Servicer Obligations are not derived from any unlawful activity; and (Dd) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer Each Loan Party covenants and agrees that it shall immediately notify the Servicer Agent in writing upon obtaining knowledge of the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no No Covered Entity (1) is will become a Sanctioned Person; . No Covered Entity, either in its own right or through any third party, will (2a) has have any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3b) does do business in or with, or derives derive any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4c) engages engage in any dealings or transactions prohibited by any Anti-Terrorism Law; Law or (Bd) use the Loan proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; (C) the . The funds used to pay repay the Servicer are Indebtedness will not be derived from any unlawful activity; and (D) each . Each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any shall comply with all Anti-Terrorism Laws. The Issuer covenants and agrees that it Borrower shall immediately promptly notify the Servicer Lender in writing upon the occurrence of a Reportable Compliance Event.” (k) Subsection 8.1(l) of the Loan Agreement is hereby deleted by its entirety and replaced with the following: (l) Notwithstanding the provisions of Section 8.1(e) above, any representation or warranty contained in Section 4.31 hereof becomes false or misleading at any time;”

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the this Agreement has been terminated and all amounts Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement any Program Document will not be used to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw; (C) the funds used to pay the Servicer or Buyer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any LawsRequirements of Law, including but not limited to any Anti-Terrorism Laws. The Issuer Seller covenants and agrees that it shall immediately promptly notify the Servicer Buyer in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the this Agreement has been terminated and all amounts Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism LawLaw applicable to it; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism LawLaw applicable to it; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism LawLaw applicable to it; (B) the proceeds of this Agreement any Program Document will not be used by any Covered Entity to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw applicable to it; (C) the funds used to pay the Servicer or Buyer are not derived by any Seller or any affiliate from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in in, and to the best of each Seller’s knowledge, no director, officer, agent, employee, affiliate or other person acting on behalf of Xxxxxxxxxx Asset Management Corporation or its subsidiaries engages in, any dealings or transactions prohibited by, any Laws, including but not limited to by any Anti-Terrorism LawsLaws applicable to it. The Issuer Each Seller covenants and agrees that it shall immediately notify the Servicer Buyer in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the this Agreement has been terminated and all amounts Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement any Program Document will not be used to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw; (C) the funds used to pay the Servicer Borrower or Lender are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any LawsRequirements of Law, including but not limited to any Anti-Terrorism Laws. The Issuer Borrower covenants and agrees that it shall immediately notify the Servicer Lender in writing upon the occurrence of a Reportable Compliance Event. (c) Section 7.01 of the Agreement is hereby amended by adding new Section 7.01(dd) to the end thereof as follows:

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the this Agreement has been terminated and all amounts Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement any Program Document will not be used to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw; (C) the funds used to pay the Servicer any Borrower or Lender are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any LawsRequirements of Law, including but not limited to any Anti-Terrorism Laws. The Issuer Each Borrower covenants and agrees that it shall immediately notify the Servicer Lender in writing upon the occurrence of a Reportable Compliance Event.a

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Law; (C) the funds used to pay the Master Servicer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer PennyMac Loan Servicer covenants and agrees that it shall immediately notify the Master Servicer in writing upon the occurrence of a Reportable Compliance Event. (c) The Owner hereby makes the following representations and warranties to the Master Servicer and each of the Special Servicers:

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at At all times until the this Repurchase Agreement has been terminated and all amounts Repurchase Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement any Repurchase Document will not be used to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw; (C) the funds used to pay the Servicer or the Buyer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any LawsRequirements of Law, including but not limited to any Anti-Terrorism Laws. The Issuer Seller covenants and agrees that it shall immediately notify the Servicer Buyer in writing upon the occurrence of a Reportable Compliance Event. (g) Section 7.14 of the Agreement is hereby amended to read in its entirety as follows:

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date Payment Date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Anti- Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Law; (C) the funds used to pay the Servicer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer covenants and agrees that it shall immediately notify the Servicer in writing upon the occurrence of a Reportable Compliance Event.

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Law; (C) the funds used to pay the Servicer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer covenants and agrees that it shall immediately notify the Servicer in writing upon the occurrence of a Reportable Compliance Event.Master Servicer

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at all times until the this Agreement has been terminated and all amounts Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement any Program Document will not be used to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw; (C) the funds used to pay the Servicer or Buyer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any LawsRequirements of Law, including but not limited to any Anti-Terrorism Laws. The Issuer Each of Seller and Guarantor covenants and agrees that it shall immediately notify the Servicer Buyer in writing upon the occurrence of a Reportable Compliance Event. (g) Section 13(h) of the Agreement is hereby amended by deleting Section 13(h) in its entirety and replacing it with the following:

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date under Section 3.02 or Section 3.03, and at At all times until the this Repurchase Agreement has been terminated and all amounts Repurchase Obligations hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement any Repurchase Document will not be used to fund any operations in, finance any investments or activities in, or, or make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Lawlaw; (C) the funds used to pay the Servicer or the Buyer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any LawsRequirements of Law, including but not limited to any Anti-Terrorism Laws. The Issuer Seller covenants and agrees that it shall immediately notify the Servicer Buyer in writing upon the occurrence of a Reportable Compliance Event. (e) Section 7 of the Agreement is hereby amended by deleting Section 7.22 in its entirety and replacing it with the following:

Anti-Money Laundering/International Trade Law Compliance. As of the date of this Agreement, each Remittance Date or payment date Payment Date under Section 3.02 or Section 3.03, and at all times until the Agreement has been terminated and all amounts hereunder have been paid in full, that: (A) no Covered Entity (1) is a Sanctioned Person; (2) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (3) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (4) engages in any dealings or transactions prohibited by any Anti-Terrorism Law; (B) the proceeds of this Agreement will not be used to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Law; (C) the funds used to pay the Servicer are not derived from any unlawful activity; and (D) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any Laws, including but not limited to any Anti-Terrorism Laws. The Issuer covenants and agrees that it shall immediately notify the Servicer in writing upon the occurrence of a Reportable Compliance Event.