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

Anti-Terrorism Law; Anti-Money Laundering. (a) Directly or indirectly (i) conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws, (ii) deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions Laws, or (iii) engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the Companies’ compliance with this Section 8.18). (b) Cause or permit any of the funds of such Credit Party that are used to repay the Borrowings to be derived from any unlawful activity with the result that the making of the Borrowings would be in violation of Legal Requirements.

Appears in 2 contracts

Samples: Credit Agreement (Diamond S Shipping Inc.), Credit Agreement (Diamond S Shipping Inc.)

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Anti-Terrorism Law; Anti-Money Laundering. No Loan Party shall, nor shall it permit any of its Subsidiaries to, directly or indirectly, (a) Directly or indirectly (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws6.26, (iib) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iiic) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the CompaniesLoan Parties’ compliance with this Section 8.188.16). (b) Cause or permit any of the funds of such Credit Party that are used to repay the Borrowings to be derived from any unlawful activity with the result that the making of the Borrowings would be in violation of Legal Requirements.

Appears in 2 contracts

Samples: Credit Agreement (HealthSpring, Inc.), Credit Agreement (HealthSpring, Inc.)

Anti-Terrorism Law; Anti-Money Laundering. No Loan Party will, nor will it permit any Subsidiary to: (a) Directly or indirectly indirectly, (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described Person described, in Section 6.20 that would result in a violation of Sanctions Laws3.21, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the CompaniesLoan Parties’ compliance with this Section 8.186.14). (b) Cause or permit any of the funds of such Credit Loan Party that are used to repay the Borrowings Loans to be derived from any unlawful activity with the result that the making of the Borrowings Loans would be in violation of Legal Requirementsany Requirement of Law.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc), Senior Secured Credit Agreement (Lifetime Brands, Inc)

Anti-Terrorism Law; Anti-Money Laundering. (a) Directly or indirectly indirectly, in violation of any applicable Requirement of Law, (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws3.22, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders Agents any certification or other evidence requested from time to time by the Agents or on the reasonable request of any Lender in its reasonable discretionLender, confirming the CompaniesLoan Parties’ compliance with this Section 8.186.18). (b) Cause or permit any of the funds of such Credit Loan Party that are used to repay the Borrowings Loans to be derived from any unlawful activity with the result that the making of the Borrowings Loans would be in violation of Legal Requirementsany Requirement of Law.

Appears in 2 contracts

Samples: Credit Agreement (Hercules Offshore, Inc.), Credit Agreement (Hercules Offshore, Inc.)

Anti-Terrorism Law; Anti-Money Laundering. (a) Directly None of the Group Companies will directly or indirectly indirectly, (i) conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws5.22 without lawful authorization, (ii) deal in, or otherwise engage in any transaction relating to, any property or interests in property property, blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iii) engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders Administrative Agent any certification or other evidence requested from time to time by any Lender the Administrative Agent in its reasonable discretion, confirming the Group Companies’ compliance with this Section 8.187.16). (b) Cause None of the Group Companies will directly or indirectly, cause or permit any of the funds of such Credit Party Group Company that are used to repay the Borrowings Loans to be derived from any unlawful activity with the result that the making of the Borrowings Loans would be in violation of Legal Requirementsapplicable Law.

Appears in 1 contract

Samples: Credit Agreement (Amag Pharmaceuticals Inc.)

Anti-Terrorism Law; Anti-Money Laundering. (a) Directly No Loan Party shall, or shall permit any of its Subsidiaries to, directly or indirectly (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person Person described in Section 6.20 that would result in a violation of Sanctions Laws6.22, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the CompaniesLoan Parties’ compliance with this Section 8.187.29). (b) Cause No Loan Party shall knowingly cause or permit any of the funds of such Credit Loan Party that are used to repay the Borrowings any Loans to be derived from any unlawful activity with the result that the making of the Borrowings any Loans would be in violation of Legal Requirementsany applicable law.

Appears in 1 contract

Samples: Revolving Credit Agreement (Foamex International Inc)

Anti-Terrorism Law; Anti-Money Laundering. None of Parent or any of its Subsidiaries shall: (a) Directly directly or indirectly indirectly, (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws8.21, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions Laws, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the CompaniesCredit Parties’ compliance with this Section 8.189.29).; or (b) Cause cause or permit any of the funds of such Credit Party that are used to repay the Borrowings Secured Obligations to be derived from any unlawful activity with the result that the making of the Borrowings Loans would be in violation of Legal Requirementslaw.

Appears in 1 contract

Samples: Loan and Security Agreement (Clean Harbors Inc)

Anti-Terrorism Law; Anti-Money Laundering. Shall not, and shall not permit any other Loan Party or Subsidiary to: (a) Directly directly or indirectly indirectly, (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person Person described in Section 6.20 that would result in a violation of Sanctions Laws5.21, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the CompaniesLoan Parties’ compliance with this Section 8.187.16).; or (b) Cause knowingly cause or permit any of the funds of such Credit Loan Party that are used to repay the Borrowings Loans to be derived from any unlawful activity with the result that the making of the Borrowings Loans would be in violation of Legal Requirementsany applicable law.

Appears in 1 contract

Samples: Second Lien Term Credit Agreement (Foamex International Inc)

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Anti-Terrorism Law; Anti-Money Laundering. (a) Directly No Loan Party shall, or shall permit any of its Subsidiaries to, directly or indirectly (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person Person described in Section 6.20 that would result in a violation of Sanctions Laws6.22, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders any certification or other HOUSTON\2261364 evidence requested from time to time by any Lender in its reasonable discretion, confirming the Companies’ Loan Parties' compliance with this Section 8.187.29). (b) Cause No Loan Party shall knowingly cause or permit any of the funds of such Credit Loan Party that are used to repay the Borrowings any Loans to be derived from any unlawful activity with the result that the making of the Borrowings any Loans would be in violation of Legal Requirementsany applicable law.

Appears in 1 contract

Samples: Debt Agreement (Foamex International Inc.)

Anti-Terrorism Law; Anti-Money Laundering. Neither the Borrower nor any Consolidated Subsidiary shall (a) Directly directly or indirectly indirectly, (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws5.19, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Parties Borrower shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the Companies’ Borrower’s compliance with this Section 8.18). 6.15 or (b) Cause cause or permit any of the funds of such Credit Party the Borrower that are used to repay the Borrowings Loans to be derived from any unlawful activity with the result that the making of the Borrowings Loans would be in violation of Legal Requirementsany Requirement of Law.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Illinois Tool Works Inc)

Anti-Terrorism Law; Anti-Money Laundering. (a) Directly or indirectly indirectly, (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws3.24, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other law relating to terrorism or money laundering (“Anti-Terrorism Law in violation of Sanctions Laws, ”) or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Loan Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the CompaniesLoan Parties’ compliance with this Section 8.186.14). (b) Cause or permit any of the funds of such Credit Loan Party that are used to repay the Borrowings Loans to be derived from any unlawful activity with the result that the making of the Borrowings Loans would be in violation of Legal Requirementslaw.

Appears in 1 contract

Samples: Credit Agreement (Knoll Inc)

Anti-Terrorism Law; Anti-Money Laundering. No Credit Party shall, nor shall it permit any of its Subsidiaries to, directly or indirectly, (a) Directly or indirectly (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 6.20 that would result in a violation of Sanctions Laws4.26, (iib) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law in violation of Sanctions LawsLaw, or (iiic) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Credit Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the CompaniesCredit Parties’ compliance with this Section 8.186.16). (b) Cause or permit any of the funds of such Credit Party that are used to repay the Borrowings to be derived from any unlawful activity with the result that the making of the Borrowings would be in violation of Legal Requirements.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (HealthSpring, Inc.)

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