Common use of Certain Governmental Regulations Clause in Contracts

Certain Governmental Regulations. (a) Be or become subject at any time to any law, regulation, or list of any government agency (including the OFAC list) that prohibits or limits any Lending Party from making any loans or extensions of credit to any Loan Party or from otherwise conducting business with any Loan Party, or (b) fail to provide documentary and other evidence of any Loan Party’s identity as may be requested by any Lending Party at any time to enable such Lending Party to verify any Loan Party’s identity or to comply with any applicable Laws, including Section 326 of the Patriot Act.

Appears in 3 contracts

Samples: Loan and Security Agreement (Live Oak Acquisition Corp), Loan and Security Agreement (Live Oak Acquisition Corp), Loan and Security Agreement (Intercloud Systems, Inc.)

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Certain Governmental Regulations. (a) Be or become subject at any time to any law, regulation, or list of any government agency (including the OFAC list) that prohibits or limits any Lending Party Lender from making any loans Loan or extensions of credit to any Loan Party or from otherwise conducting business with any Loan Party, or (b) fail to provide documentary and other evidence of any Loan Party’s identity as may be requested by any Lending Party Lender at any time to enable such Lending Party Lender to verify any Loan Party’s identity or to comply with any applicable Laws, including Section 326 of the Patriot Act.

Appears in 1 contract

Samples: Loan and Security Agreement (Attis Industries Inc.)

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