Common use of Anti-Terrorism; Anti-Money Laundering Clause in Contracts

Anti-Terrorism; Anti-Money Laundering. No Credit Party nor any of its Subsidiaries (i) is an “enemy” or an “ally of the enemy” within the meaning of Section 2 of the Trading with the Enemy Act of the United States (50 U.S.C. App. §§ 1 et seq.), (ii) is in violation of (A) the Trading with the Enemy Act, (B) any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V) or any enabling legislation or executive order relating thereto or (C) the PATRIOT Act or (iii) is a Sanctioned Person. No part of the proceeds of any Extension of Credit hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 8 contracts

Samples: Credit Agreement (Corrections Corp of America), Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc)

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Anti-Terrorism; Anti-Money Laundering. No Credit Loan Party nor any of its Subsidiaries (ia) is an “enemy” or an “ally of the enemy” within the meaning of Section 2 of the Trading with the Enemy Act of the United States (50 U.S.C. App. §§ 1 et seq.), (iib) is in violation of (Ai) the Trading with the Enemy Act, (Bii) any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V) or any enabling legislation or executive order relating thereto or (Ciii) the USA PATRIOT Act or (iiic) is a Sanctioned Person. No part of the proceeds of any Credit Extension of Credit hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 1 contract

Samples: Credit Agreement (Piedmont Natural Gas Co Inc)

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