Anti-Terrorism; OFAC; Anti-Corruption. (i) The Borrower shall not, directly or indirectly, use the proceeds of the Advances, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person, (A) for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of applicable anti-corruption and anti-bribery laws, including the United States Foreign Corrupt Practices Act of 1977, as amended; (B) to fund or facilitate any money laundering or terrorist financing activities or business, or in any other manner that would result in a violation by the Borrower of applicable Anti-Money Laundering Laws; or (C) to fund any activities or business (1) of or with any Person, that, at the time of such funding, is the subject or target of Sanctions, (2) in any country or territory that, at the time of such funding, is, or whose government is, the subject or target of comprehensive Sanctions broadly prohibiting dealings in such country or territory or (3) in any other manner that would result in a violation by any party hereto of any Sanctions. (ii) The Borrower shall not be a foreign shell bank. USActive 00000000.5 123
Appears in 1 contract
Samples: Loan and Servicing Agreement (BlackRock TCP Capital Corp.)
Anti-Terrorism; OFAC; Anti-Corruption. (i) The Borrower shall not, directly or indirectly, use the proceeds of the Advances, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person, (A) for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of applicable anti-corruption and anti-bribery laws, including the United States Foreign Corrupt Practices Act of 1977, as amended; (B) to fund or facilitate any money laundering or terrorist financing activities or business, or in any other manner that would result in a violation by the Borrower of applicable Anti-Money Laundering Laws; or (C) to fund any activities or business (1) of or with any Person, that, at the time of such funding, is the subject or target of Sanctions, (2) in any country or territory that, at the time of such funding, is, or whose government is, the subject or target of comprehensive Sanctions broadly prohibiting dealings in such country or territory or (3) in any other manner that would result in a violation by any party hereto of any Sanctions.
(ii) The Borrower shall not be a foreign shell bank. USActive 00000000.5 123.
Appears in 1 contract
Samples: Loan and Servicing Agreement (BlackRock TCP Capital Corp.)
Anti-Terrorism; OFAC; Anti-Corruption. (i) The Borrower Servicer shall not, directly or indirectly, use the proceeds of the Advances, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person, (A) for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of applicable anti-corruption and anti-bribery laws, including the United States Foreign Corrupt Practices Act of 1977, as amended; (B) to fund or facilitate any money laundering or terrorist financing activities or business, or in any other manner that would result in a violation by the Borrower Servicer of applicable Anti-Money Laundering Laws; or (C) to fund any activities or business (1) of or with any Person, that, at the time of such funding, is the subject or target of Sanctions, (2) in any country or territory that, at the time of such funding, is, or whose government is, the subject or target of comprehensive Sanctions broadly prohibiting dealings in such country or territory or (3) in any other manner that would result in a violation by any party hereto of any Sanctions.
(ii) The Borrower Servicer shall not be a foreign shell bank. USActive 00000000.5 123.
Appears in 1 contract
Samples: Loan and Servicing Agreement (BlackRock TCP Capital Corp.)
Anti-Terrorism; OFAC; Anti-Corruption. (i) The Borrower Servicer shall not, directly or indirectly, use the proceeds of the Advances, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person, (A) for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of applicable anti-corruption and anti-bribery laws, including the United States Foreign Corrupt Practices Act of 1977, as amended; (B) to fund or facilitate any money laundering or terrorist financing activities or business, or in any other manner that would result in a violation by the Borrower Servicer of applicable Anti-Money Laundering Laws; or (C) to fund any activities or business (1) of USActive 55323723.3 or with any Person, that, at the time of such funding, is the subject or target of Sanctions, (2) in any country or territory that, at the time of such funding, is, or whose government is, the subject or target of comprehensive Sanctions broadly prohibiting dealings in such country or territory or (3) in any other manner that would result in a violation by any party hereto of any Sanctions.
(ii) The Borrower Servicer shall not be a foreign shell bank. USActive 00000000.5 123.
Appears in 1 contract
Samples: Loan and Servicing Agreement (BlackRock TCP Capital Corp.)