Anti-Money Laundering Laws; Anti-Corruption Laws Sample Clauses

Anti-Money Laundering Laws; Anti-Corruption Laws. (a) Neither the Borrower, nor any of its Subsidiaries, nor, to the knowledge of the Borrower and its Subsidiaries, any Related Party thereof (i) has violated or is in violation of any applicable anti-money laundering law or (ii) has engaged or engages in any transaction, investment, undertaking or activity that conceals the identity, source or destination of the proceeds from any category of offenses designated in any applicable law, regulation or other binding measure implementing the “Forty Recommendations” and “Nine Special Recommendations” published by the Organisation for Economic Cooperation and Development’s Financial Action Task Force on Money Laundering. (b) The Companies and their respective Subsidiaries have conducted their businesses in compliance with applicable anti-corruption laws and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.
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Anti-Money Laundering Laws; Anti-Corruption Laws. Conduct its business in compliance in all material respects with the United States Foreign Corrupt Practices Act of 1977, the UK Xxxxxxx Xxx 0000 and other applicable anti-corruption legislation in other jurisdictions in which the Company or any such Material Subsidiary is domiciled or conducts business and with all applicable Sanctions in such jurisdictions, and maintain policies and procedures reasonably designed to promote and achieve compliance with such laws and Sanctions.
Anti-Money Laundering Laws; Anti-Corruption Laws. The Company shall not, nor shall it permit any Subsidiary to: (a) directly, or, to the Company’s knowledge after due investigation, indirectly, use any Credit Extension or the proceeds of any Credit Extension, or lend, contribute or otherwise make available such Credit Extension or the proceeds of any Credit Extension to any Person, to fund any activities of or business with any Person, that, at the time of such funding, is the subject of Sanctions, or in any other manner that will result in a violation by any Person that is a party to this Agreement (including any Person participating in this transaction, whether as Lender, Arranger, Administrative Agent, L/C Issuer, Swing Line Lender, or otherwise) or Subsidiaries of the Company of Sanctions; or (b) directly, or, to the Company’s knowledge after due investigation, indirectly, use any Credit Extension or the proceeds of any Credit Extension for any purpose which would breach the United States Foreign Corrupt Practices Act of 1977, the UK Xxxxxxx Xxx 0000 and other similar anti-corruption legislation in other jurisdictions in which the Company or any such Subsidiary is domiciled or conducts business. It is acknowledged and agreed that the representations, covenants and undertakings (as applicable) set out in Sections 5.20, 6.19 and 7.16 are only sought and given with respect to any natural or legal person resident or incorporated in the European Union to the extent permissible pursuant to (i) any provision of Council Regulation (EC) No. 2271/1996 of 22 November 1996 (or any law or regulation implementing such
Anti-Money Laundering Laws; Anti-Corruption Laws. (a) Conduct its business in compliance with (i) Anti-Money Laundering Laws and other similar anti-money laundering Laws and legislation in other jurisdictions in which the Company or any such Material Subsidiary is domiciled or conducts business and (ii) Anti-Corruption Laws and other similar anti‑corruption Laws and legislation in other jurisdictions in which the Company or any such Material Subsidiary is domiciled or conducts business, and (b) maintain policies and procedures designed to promote and achieve compliance with such Laws and legislation. (q) Section 7.03 of the Credit Agreement is hereby amended to (i) delete “and” at the end of clause (m) thereof, (ii) replace “.” at the end of subsection (n) thereof and substitute “; and” in lieu thereof and (iii) renumber the following subsection (n) as subsection (o). (r) Section 7.18 of the Credit Agreement is hereby amended to read as follows:
Anti-Money Laundering Laws; Anti-Corruption Laws. The Company shall not, nor shall it permit any Subsidiary to, directly or indirectly use any Credit Extension or the proceeds of any Credit Extension for any purpose which would breach any (a) Anti‑Money Laundering Laws and other similar anti‑money laundering Laws and legislation in other jurisdictions in which the Company or any such Subsidiary is domiciled or conducts business and (b) Anti‑Corruption Laws and other similar anti-corruption Laws and legislation in other jurisdictions in which the Company or any such Subsidiary is domiciled or conducts business. (s) Amendment to Restate Schedule 1.01(a). Schedule 1.01(a) to the Credit Agreement is hereby amended in its entirety and replaced with the document attached hereto as Schedule 1.01(a).
Anti-Money Laundering Laws; Anti-Corruption Laws. Neither the Parent nor the Borrower, nor any of their respective Subsidiaries, nor, to the knowledge of the Parent or the Borrower, any Related Party thereof (i) has violated in the last five years or is currently in violation of any applicable anti-money laundering law or (ii) has engaged in the last five years or currently engages in any transaction, investment, undertaking or activity that conceals the identity, source or destination of the proceeds from any category of offenses designated in any applicable law, regulation or other binding measure implementing the "Forty Recommendations" and "Nine Special Recommendations" published by the Organisation for Economic Cooperation and Development's Financial Action Task Force on Money Laundering.
Anti-Money Laundering Laws; Anti-Corruption Laws. (a) Neither the Parent nor the Borrower, nor any of their respective Subsidiaries, nor, to the knowledge of the Parent or the Borrower, any Related Party thereof (i) has violated in the last five years or is currently in violation of any applicable anti-money laundering law or (ii) has engaged in the last five years or currently engages in any transaction, investment, undertaking or activity that conceals the identity, source or destination of the proceeds from any category of offenses designated in any applicable law, regulation or other binding measure implementing the “Forty Recommendations” and “Nine Special Recommendations” published by the Organisation for Economic Cooperation and Development’s Financial Action Task Force on Money Laundering. (b) In the last five years, the Parent, the Borrower and their respective Subsidiaries have conducted their businesses in compliance in all material respects with applicable Anti-Corruption Laws and have instituted and maintained policies and procedures reasonably designed to promote and achieve compliance with such laws.
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Anti-Money Laundering Laws; Anti-Corruption Laws. (a) No Loan Party or its Subsidiaries, nor, to the knowledge of senior management of each Loan Party, none of its Affiliates and none of the respective officers, directors, brokers or agents of any Loan Party (i) has violated or is in violation of any applicable Anti-Money Laundering Laws or (ii) has engaged or engages in any transaction, investment, undertaking or activity that conceals the identity, source or destination of the proceeds from any category of offenses designated in any applicable law, regulation or other binding measure implementing the “Forty Recommendations” and “Nine Special Recommendations” published by the Organisation for Economic Cooperation and Development’s Financial Action Task Force on Money Laundering. (b) The Loan Parties and their Subsidiaries have conducted their businesses in compliance with the United States Foreign Corrupt Practices Act of 1977 and, to the extent applicable to the Loan Parties and their Subsidiaries, the UK Bribery Act 2010, and other applicable anti-corruption legislation in other jurisdictions, and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.
Anti-Money Laundering Laws; Anti-Corruption Laws. Sanctions) until the earlier of (i) the date when such Person ceases to be a Shareholder and (ii) the date when all Obligations are discharged in full and all Commitments have been cancelled, and (b) with all other covenants that follow, until the earlier of (i) the date when such Person ceases to be a Shareholder and (ii) the Shareholder Satisfaction Date. For the avoidance of doubt, a Person shall cease to be a Shareholder hereunder if it has transferred all of its directly or indirectly held Equity Interest in the Borrower to a Person in accordance with the terms of this Agreement.
Anti-Money Laundering Laws; Anti-Corruption Laws. (a) Neither the Borrower, nor any of its Subsidiaries, nor, to the knowledge of the Borrower and its Subsidiaries, any Related Party thereof (i) has violated or is in violation of any applicable anti-money laundering law or (ii) has engaged or engages in any transaction, investment, undertaking or activity that conceals the identity, source or destination of the proceeds from any category of offenses designated in any applicable law, regulation or other binding measure implementing the "Forty Recommendations" and "Nine Special Recommendations" published by the Organisation for Economic Cooperation and Development's Financial Action Task Force on Money Laundering. (b) The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with applicable Anti-Corruption Laws and have instituted and maintained policies and procedures reasonably designed to promote and achieve compliance with such laws.
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