Common use of Anti-Terrorism and Anti-Money Laundering Laws Clause in Contracts

Anti-Terrorism and Anti-Money Laundering Laws. (a) None of Borrower, its Subsidiaries and, to the knowledge of Borrower, its Affiliates and none of the respective officers, directors, brokers or agents of Borrower or such Subsidiaries (i) has violated or is in violation in any material respect of Anti-Terrorism Laws or Anti-Money Laundering Laws or (ii) has been convicted of, has been charged with, or is under investigation by, a Governmental Authority for violations of Anti-Terrorism Laws or Anti-Money Laundering Laws. (b) The funds used by the Borrower to make payments hereunder to the Administrative Agent, or the Lenders will, to the knowledge of Borrower, not be derived from activities by the Borrower that violate Anti-Terrorism Laws or Anti-Money Laundering. (c) None of Borrower, its Subsidiaries and, to the knowledge of Borrower, its Affiliates and the respective officers, directors, brokers or agents of Borrower or such Subsidiary is acting or benefiting in any capacity in connection with the Loan is an Embargoed Person, is a shell bank or is subject to special measures because of money laundering concerns under Section 311 of the USA PATRIOT Act and its implementing regulations. (d) None of Borrower, its Subsidiaries and, to the knowledge of Borrower, its Affiliates and none of the respective officers, directors, brokers or agents of Borrower or such Subsidiaries acting or benefiting in any capacity in connection with the Loan (i) directly conducts any business or engages in making or receiving any contribution of funds, goods or services to any Embargoed Person, (ii) deals in, or otherwise engages in any transaction involving, any property or interests in property blocked pursuant to any Anti-Terrorism Law or (iii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any Anti-Terrorism Law.

Appears in 2 contracts

Samples: Credit Agreement (Northstar Realty Finance Corp.), Facility Agreement (Northstar Realty Finance Corp.)

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Anti-Terrorism and Anti-Money Laundering Laws. (a) None of Borrowersuch Loan Party, its Subsidiaries and, to the knowledge of Borrowersuch Loan Party, its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party or such Subsidiaries (i) has violated or is in violation in any material respect of Anti-Terrorism Laws or Anti-Money Laundering Laws or (ii) has been convicted of, has been charged with, or is under investigation by, a Governmental Authority for violations of Anti-Terrorism Laws or Anti-Money Laundering Laws. (b) The funds used by the Borrower such Loan Party to make payments hereunder to the Administrative Agent, or the Lenders will, to the knowledge of Borrowersuch Loan Party, not be derived from activities by the Borrower such Loan Party that violate Anti-Terrorism Laws or Anti-Money Laundering. (c) None of Borrower, such Loan Party its Subsidiaries and, to the knowledge of Borrower, such Loan Party its Affiliates and the respective officers, directors, brokers or agents of Borrower such Loan Party or such Subsidiary is acting or benefiting in any capacity in connection with the Loan is an Embargoed Person, is a shell bank or is subject to special measures because of money laundering concerns under Section 311 of the USA PATRIOT Act and its implementing regulations. (d) None of Borrowersuch Loan Party, its Subsidiaries and, to the knowledge of Borrowersuch Loan Party, its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party or such Subsidiaries acting or benefiting in any capacity in connection with the Loan (i) directly conducts any business or engages in making or receiving any contribution of funds, goods or services to any Embargoed Person, (ii) deals in, or otherwise engages in any transaction involving, any property or interests in property blocked pursuant to any Anti-Terrorism Law or (iii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any Anti-Terrorism Law.

Appears in 1 contract

Samples: Credit Agreement (Northstar Realty Finance Corp.)

Anti-Terrorism and Anti-Money Laundering Laws. (a) None No Loan Party, none of Borrower, its Subsidiaries and, to the knowledge of Borrowereach Loan Party, none of its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party, such Subsidiary or such Subsidiaries Affiliate (i) has violated or is in violation in any material respect of Anti-Terrorism Laws or Anti-Money Laundering Laws or (ii) has been convicted of, has been charged with, or is under investigation by, a Governmental Authority for violations of Anti-Terrorism Laws or Laws, Anti-Money Laundering LawsLaws or any other Requirements of Law. (b) The Loan Parties maintain, and will continue to maintain, an export control and trade sanctions compliance program that includes appropriate measures to monitor compliance with applicable export control, trade sanctions, and corrupt practices statutes and regulations sufficient to provide reasonable assurances that the funds used by the Borrower Loan Parties to make payments hereunder to the Administrative AgentAgents, the Issuing Bank or the Lenders will, to the knowledge of Borrower, will not be derived from activities by the Borrower that violate Anti-Terrorism Laws or Laws, Anti-Money LaunderingLaundering or any other Requirements of Law and shall not constitute property of, or be beneficially owned directly or indirectly by, an Embargoed Person. (c) None No Loan Party, none of Borrower, its Subsidiaries and, to the knowledge of Borrowereach Loan Party, none of its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party, such Subsidiary or such Subsidiary Affiliate is acting or benefiting in any capacity in connection with the Loan Loans is an Embargoed Person, is a shell bank or is subject to special measures because of money laundering concerns under Section 311 of the USA PATRIOT Act and its implementing regulations. (d) None No Loan Party, none of Borrower, its Subsidiaries and, to the knowledge of Borrowereach Loan Party, none of its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party, such Subsidiary or such Subsidiaries Affiliate acting or benefiting in any capacity in connection with the Loan Loans (i) directly has in the past five (5) years conducted or currently conducts any business or has in the past five (5) years engaged in or currently engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Embargoed Person, (ii) deals in, or otherwise engages in any transaction involvingrelated to, any property or interests in property blocked pursuant to any Anti-Terrorism Law or (iii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any Anti-Terrorism Law.

Appears in 1 contract

Samples: Credit Agreement (Ducommun Inc /De/)

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Anti-Terrorism and Anti-Money Laundering Laws. (a) None No Loan Party, none of Borrower, its Subsidiaries and, to the knowledge of Borrowereach Loan Party after reasonable due diligence, none of its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party, such Subsidiary or such Subsidiaries Affiliate (i) has violated or is in violation in any material respect of Anti-Terrorism Laws or Anti-Money Laundering Laws or (ii) has been convicted of, has been charged with, or is under investigation by, a Governmental Authority for violations of Anti-Terrorism Laws or Laws, Anti-Money Laundering LawsLaws or any other Requirements of Law. (b) The funds used by the Borrower Loan Parties to make payments hereunder to the Administrative Agent, Agents or the Lenders will, to the knowledge of Borrowersuch Loan Parties after reasonable due diligence, not be derived from activities by the Borrower that violate Anti-Terrorism Laws or Anti -Terrorism Laws, Anti-Money LaunderingLaundering or any other Requirements of Law. (c) None No Loan Party, none of Borrower, its Subsidiaries and, to the knowledge of Borrowereach Loan Party after reasonable due diligence, none of its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party, such Subsidiary or such Subsidiary Affiliate is acting or benefiting in any capacity in connection with the Loan Term Loans is an Embargoed Person, is a shell bank or is subject to special measures because of money laundering concerns under Section 311 of the USA PATRIOT Act and its implementing regulations. (d) None No Loan Party, none of Borrower, its Subsidiaries and, to the knowledge of Borrowereach Loan Party after reasonable due diligence, none of its Affiliates and none of the respective officers, directors, brokers or agents of Borrower such Loan Party, such Subsidiary or such Subsidiaries Affiliate acting or benefiting in any capacity in connection with the Loan Term Loans (i) directly conducts any business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Embargoed Person, (ii) deals in, or otherwise engages in any transaction involvingrelated to, any property or interests in property blocked pursuant to any Anti-Terrorism Law or (iii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any Anti-Terrorism Law.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Ivanhoe Energy Inc)

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