Compliance with Certain Acts. ACE and each of its Subsidiaries is in compliance in all material respects with the Patriot Act. No part of any payment under any LOC will be used, directly or indirectly, 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 the United States Foreign Corrupt Practices Act of 1977.
Appears in 7 contracts
Samples: Credit Agreement, Letter of Credit Facility Agreement, Facility Agreement (ACE LTD)
