Common use of Anti-Social Forces Clause in Contracts

Anti-Social Forces. The Borrower shall, and shall cause any of its Subsidiaries to, maintain that neither the Borrower nor any of its Subsidiaries: (A) has a relationship with any Anti-Social Force in such a way that its management is controlled by such Anti-Social Force; (B) has a relationship with any Anti-Social Force in such a way that such Anti-Social Force is substantially involved in its management; (C) has a relationship with any Anti-Social Force in such a way that such it unduly uses such Anti-Social Force for the purpose of unfair benefit for itself, its own company or any third party or for the purpose of causing damage to any third party; (D) has a relationship with any Anti-Social Force in such a way as to provide funds to or extend credit for such Anti-Social Force; or (E) has a relationship with any Anti-Social Force in such a way that any of its officers or any other Person substantially involved in its management has any socially repugnant relationship with such Anti-Social Force.

Appears in 2 contracts

Samples: Loan Agreement (Sumitomo Chemical Co., Ltd.), Loan Agreement (Urovant Sciences Ltd.)

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Anti-Social Forces. The Borrower Parent shall, and shall cause any of its Subsidiaries to, maintain that neither none of the Borrower nor any of Parent or its Subsidiaries: (A) has a relationship with any Anti-Social Force in such a way that its management is controlled by such Anti-Social Force; (B) has a relationship with any Anti-Social Force in such a way that such Anti-Social Force is substantially involved in its management; (C) has a relationship with any Anti-Social Force in such a way that such it unduly uses such Anti-Social Force for the purpose of unfair benefit for itself, its own company or any third party or for the purpose of causing damage to any third party; (D) has a relationship with any Anti-Social Force in such a way as to provide funds to or extend credit for such Anti-Social Force; or (E) has a relationship with any Anti-Social Force in such a way that any of its officers or any other Person substantially involved in its management has any socially repugnant relationship with such Anti-Social Force.

Appears in 2 contracts

Samples: Loan Agreement (Myovant Sciences Ltd.), Loan Agreement (Sumitomo Chemical Co., Ltd.)

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