Common use of Anti-Terrorism; Sanctions; Anti-Corruption Clause in Contracts

Anti-Terrorism; Sanctions; Anti-Corruption. (a) Comply in all material respects with all applicable Sanctions, Anti-Corruption Laws and Anti-Terrorism Laws; (b) Not use the proceeds of the Loans to fund any activities or business of or with any Sanctioned Person or in any Sanctioned Country in any manner that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit; and (i) Not repay the Loans, or make any other payment to any Lender, using funds or properties of Holdings, the Borrower or any Restricted Subsidiaries that are, to the knowledge of the Borrower, the property of any Person that is the subject or target of applicable Sanctions or that are, to the knowledge of the Borrower, beneficially owned, directly or indirectly, by any Person that is the subject or target of applicable Sanctions, in each case, that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit or (ii) to the knowledge of Borrower, not permit any Person that is the subject of Sanctions to have any direct or indirect interest, in Holdings, the Borrower or any of the Subsidiaries, with the result that the investment in Holdings, the Borrower or any of the Subsidiaries (whether directly or indirectly) or the Loans made by the Lenders would be in violation of any applicable Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Shoals Technologies Group, Inc.)

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Anti-Terrorism; Sanctions; Anti-Corruption. (a) Comply in all material respects with all applicable Sanctions, Anti-Corruption Laws and Anti-Terrorism Laws; (b) Not use the proceeds of the Loans to fund any activities or business of or with any Sanctioned Person or in any Sanctioned Country in any manner that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit; and (i) Not repay the Loans, or make any other payment to any Lender, using funds or properties of Holdings, the Borrower or any Restricted Subsidiaries that are, to the knowledge of the Borrower, the property of any Person that is the subject or target of applicable Sanctions or that are, to the knowledge of the Borrower, beneficially owned, directly or indirectly, by any Person that is the subject or target of applicable Sanctions, in each case, that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement Requirement of Law by any Person participating in the Loans or Letters of Credit Credit, or (ii) to the knowledge of Borrower, not permit any Person that is the subject of Sanctions to have any direct or indirect interest, in Holdings, the Borrower or any of the Subsidiaries, with the result that the investment in Holdings, the Borrower or any of the Subsidiaries (whether directly or indirectly) or the Loans made by the Lenders would be in violation of any applicable Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Array Technologies, Inc.)

Anti-Terrorism; Sanctions; Anti-Corruption. (a) Comply in all material respects with all applicable Sanctions, Anti-Corruption Laws and Anti-Terrorism Laws; (b) Not use the proceeds of the Loans to fund any activities or business of or with any Sanctioned Person or in any Sanctioned Country in any manner that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit; and (i) Not repay the Loans, or make any other payment to any Lender, using funds or properties of Holdings, the Borrower or any Restricted Subsidiaries that are, to the knowledge of the Borrower, the property of any Person that is the subject or target of applicable Sanctions or that are, to the knowledge of the Borrower, beneficially owned, directly or indirectly, by any Person that is the subject or target of applicable Sanctions, in each case, that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit or (ii) to the knowledge of Borrower, not permit any Person that is the subject of Sanctions to have any direct or indirect interest, in Holdings, the Borrower or any of the Subsidiaries, with the result that the investment in Holdings, the Borrower or any of the Subsidiaries (whether directly or indirectly) or the Loans made by the Lenders would be in violation of any applicable Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Shoals Technologies Group, Inc.)

Anti-Terrorism; Sanctions; Anti-Corruption. (a) Comply in all material respects with all applicable Sanctions, Anti-Corruption Laws and Anti-Terrorism Laws; (b) Not use the proceeds of the Loans to fund any activities or business of or with any Sanctioned Person or in any Sanctioned Country in any manner that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit; and (iLaws;(i) Not repay the Loans, or make any other payment to any Lender, using funds or properties of Holdings, the Borrower or any Restricted Subsidiaries that are, to the knowledge of the Borrower, the property of any Person that is the subject or target of applicable Sanctions or that are, to the knowledge of the Borrower, beneficially owned, directly or indirectly, by any Person that is the subject or target of applicable Sanctions, in each case, that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement Requirement of Law by any Person participating in the Loans or Letters of Credit Credit, or (ii) to the knowledge of Borrower, not permit any Person that is the subject of Sanctions to have any direct or indirect interest, in Holdings, the Borrower or any of the Subsidiaries, with the result that the investment in Holdings, the Borrower or any of the Subsidiaries (whether directly or indirectly) or the Loans made by the Lenders would be in violation of any applicable Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Array Technologies, Inc.)

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Anti-Terrorism; Sanctions; Anti-Corruption. (a) Comply in all material respects with all applicable Sanctions, Anti-Corruption Laws and Anti-Terrorism Laws; (b) Not use the proceeds of the Loans to fund any activities or business of or with any Sanctioned Person or in any Sanctioned Country in any manner that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit; and (iLaws;(i) Not repay the Loans, or make any other payment to any Lender, using funds or properties of Holdings, the Borrower or any Restricted Subsidiaries that are, to the knowledge of the Borrower, the property of any Person that is the subject or target of applicable Sanctions or that are, to the knowledge of the Borrower, beneficially owned, directly or indirectly, by any Person that is the subject or target of applicable Sanctions, in each case, that would cause a violation of Anti-Terrorism Laws or applicable Sanctions or any other applicable requirement of Law by any Person participating in the Loans or Letters of Credit or (ii) to the knowledge of Borrower, not permit any Person that is the subject of Sanctions to have any direct or indirect interest, in Holdings, the Borrower or any of the Subsidiaries, with the result that the investment in Holdings, the Borrower or any of the Subsidiaries (whether directly or indirectly) or the Loans made by the Lenders would be in violation of any applicable Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Shoals Technologies Group, Inc.)

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