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Asset Control Sample Clauses

Asset Control. Each of the Borrowers shall to the best of its knowledge and ability ensure that: (i) it is not owned or controlled by, or acting directly or indirectly on behalf of or for the benefit of, a Prohibited Person and does not own or control a Prohibited Person; and (ii) no proceeds of the Advance shall be made available, directly or indirectly, to or for the benefit of a Prohibited Person or otherwise shall be, directly or indirectly, applied in a manner or for a purpose prohibited by Sanctions.
Asset Control. For purposes of this Subsection, the term
Asset Control. In the event Supplier Personnel has access to information, information assets, supplies or other property, including property owned by third parties but provided to Supplier Personnel by Buyer ("BUYER ASSETS"), Supplier Personnel: 1. will not remove Buyer Assets from Buyer's or Buyer's Customer's premises without Buyer's authorization; 2. will use Buyer Assets only for purposes of this Agreement and reimburse Buyer for any unauthorized use; 3. will only connect with, interact with or use programs, tools or routines that Buyer agrees are needed to provide Services; 4. will not share or disclose user identifiers, passwords, cipher keys or computer dial port telephone numbers; and 5. in the event the Buyer Assets are confidential, will not copy, disclose or leave such assets unsecured or unattended. Buyer may periodically audit Supplier's data residing on Buyer Assets.
Asset Control. None of the Obligors is a “national” of any “designated foreign country”, within the meaning of the Foreign Assets Control Regulations or the Cuban Asset Control Regulations of the U.S. Treasury Department, 31 C.F.R., Subtitle B, Chapter V, as amended, or a “specially designated national” listed by the Office of Foreign Assets Control (“OFAC”), the U.S. Department of the Treasury, or any regulations or rulings issued thereunder. Neither the making of the Advance nor the use of the proceeds thereof nor the performance by the Obligors of their obligations under any of the Finance Documents to which it is a party violates any statute, regulation or executive order restricting loans to, investments in, or the export of assets to, foreign countries or entities doing business there.
Asset ControlIn order to ensure the protection of equipment or applications processing Data, the Supplier shall take reasonable steps to implement and maintain the following measures: 8.1. Ensure that procedures and tools are in place to identify and track all equipment and media used in the processing Data. 8.2. Assign responsibility for all equipment and media to one or more custodians. 8.3. Perform full review and signoff of the asset inventory for accuracy and to identify missing equipment and media on an annual, or more frequent, basis.
Asset Control. (a) No Borrower is a Prohibited Person, no Borrower is owned or controlled by, or acting directly or indirectly on behalf of or for the benefit of, a Prohibited Person and no Borrower owns or controls a Prohibited Person; and (b) No proceeds of any Advance shall be made available, directly or indirectly, to or for the benefit of a Prohibited Person or otherwise shall be, directly or indirectly, applied in a manner or for a purpose prohibited by Sanctions.
Asset Control. (a) Each of the Borrowers is not located in a country or territory that is the subject of Sanctions, is not a Prohibited Person, is not owned or controlled by, or acting directly or indirectly on behalf of or for the benefit of, a Prohibited Person and does not own or control a Prohibited Person and to the best of its knowledge no director, officer, employee, agent, affiliate or representative of the Borrower is currently the subject of Sanctions; (b) No proceeds of the Advance shall be made available, directly or indirectly, to or for the benefit of a Prohibited Person or otherwise shall be, directly or indirectly, applied in a manner or for a purpose prohibited by Sanctions.
Asset Control. (a) The Borrower is not a Prohibited Person, is not controlled by, or, to the best of its knowledge, acting directly or indirectly on behalf of or for the benefit of, a Prohibited Person and does not own or control a Prohibited Person; (b) No proceeds of any Advance shall be made available, directly or, to the best of the Borrower’s knowledge, indirectly, to or for the benefit of a Prohibited Person or otherwise shall be, directly or, to the best of the Borrower’s knowledge, indirectly, applied in a manner or for a purpose prohibited by Sanctions.
Asset ControlThe Guarantor shall to the best of its knowledge and ability ensure that it is not owned or controlled by, or acting directly or indirectly on behalf of or for the benefit of, a Restricted Party and does not own or control a Restricted Party.
Asset ControlIn the event Supplier Personnel has access to information, information assets, supplies or other property, including property owned by third parties but provided to Supplier Personnel by Buyer ("Buyer Assets"), Supplier Personnel will: 1. not remove Buyer Assets from Buyer's or Customer's premises without Buyer's authorization;