Common use of Compliance with Governmental Prohibitions Clause in Contracts

Compliance with Governmental Prohibitions. No portion of the Loan proceeds will be used, disbursed or distributed by Borrower or any Principal for any purpose, or to any person, in violation of any Law (as defined in Section 16 (h)) including, without limitation, any of the Terrorism Laws (as defined in Section 16 (h)). Borrower shall provide Lender with immediate written notice (a) of any failure of any of the representations and warranties set forth in Section 16(h) of this Agreement to be true, correct and complete in all material respects at any time, or (b) if Borrower obtains knowledge that Borrower, Principal, or any holder at any time of any direct or indirect equitable, legal or beneficial interest in Borrower or Principal is the subject of any of the Terrorism Laws. Borrower shall immediately and diligently take, or cause to be immediately and diligently taken, all necessary action to comply with all Terrorism Laws and to cause the representations and warranties set forth in Section 16(h) to be true, correct and complete in all material respects.

Compliance with Governmental Prohibitions. No portion of the Loan proceeds will be used, disbursed or distributed by Borrower or any Principal Borrowers for any purpose, or to any person, in violation of any Law (as defined in Section 16 (h16(h)) including, without limitation, any of the Terrorism Laws (as defined in Section 16 (h16(h)). Borrower Borrowers shall provide Lender with immediate written notice (a) of any failure of any of the representations and warranties set forth in Section 16(h) of this Agreement to be true, correct and complete in all material respects at any time, or (b) if Borrower obtains Borrowers obtain knowledge that BorrowerBorrowers, Principal, or any holder at any time of any direct or indirect equitable, legal or beneficial interest in Borrower Borrowers or Principal is the subject of has violated any of the Terrorism Laws. Borrower Borrowers shall immediately and diligently take, or cause to be immediately and diligently taken, all necessary action to comply with all Terrorism Laws and to cause the representations and warranties set forth in Section 16(h) to be true, correct and complete in all material respects.

Compliance with Governmental Prohibitions. No portion of the Loan proceeds will be used, disbursed or distributed by Borrower or any Principal Sole Member for any purpose, or to any person, in violation of any Law (as defined in Section 16 15 (hl)) including, without limitation, any of the Terrorism Laws (as defined in Section 16 15 (hl)). Borrower shall provide Lender Agent with immediate written notice (a) of any failure of any of the representations and warranties set forth in Section 16(h15(l) of this Agreement to be true, correct and complete in all material respects at any time, or (b) if Borrower obtains knowledge that Borrower, PrincipalSole Member, or any holder at any time of any direct or indirect equitable, legal or beneficial interest in Borrower or Principal Sole Member is the subject of any of the Terrorism Laws. Borrower shall immediately and diligently take, or cause to be immediately and diligently taken, all necessary action to comply with all Terrorism Laws and to cause the representations and warranties set forth in Section 16(h15(l) to be true, correct and complete in all material respects.

Compliance with Governmental Prohibitions. No portion of the Loan proceeds will be used, disbursed or distributed by Borrower or any Principal its Sole Member for any purpose, or to any person, in violation of any Law (as defined in Section 16 15 (hl)) including, without limitation, any of the Terrorism Laws (as defined in Section 16 15 (hl)). Borrower shall provide Lender Agent with immediate written notice (a) of any failure of any of the representations and warranties set forth in Section 16(h15(l) of this Agreement to be true, correct and complete in all material respects at any time, or (b) if Borrower obtains knowledge that Borrower, Principalits Sole Member, or any holder at any time of any direct or indirect equitable, legal or beneficial interest in Borrower or Principal its Sole Member is the subject of any of the Terrorism Laws. Borrower shall immediately and diligently take, or cause to be immediately and diligently taken, all necessary action to comply with all Terrorism Laws and to cause the representations and warranties set forth in Section 16(h15(l) to be true, correct and complete in all material respects.

Compliance with Governmental Prohibitions. No portion of the Loan proceeds will be used, disbursed or distributed by Borrower or any Principal Borrower Manager for any purpose, or to any person, in violation of any Law (as defined in Section 16 15 (hl)) including, without limitation, any of the Terrorism Laws (as defined in Section 16 15 (hl)). Borrower shall provide Lender with immediate written notice (a) of any failure of any of the representations and warranties set forth in Section 16(h15(l) of this Agreement to be true, correct and complete in all material respects at any time, or (b) if Borrower obtains knowledge that Borrower, PrincipalBorrower Manager, or any holder at any time of any direct or indirect equitable, legal or beneficial interest in Borrower or Principal its Borrower Manager is the subject of any of the Terrorism Laws. Borrower shall immediately and diligently take, or cause to be immediately and diligently taken, all necessary action to comply with all Terrorism Laws and to cause the representations and warranties set forth in Section 16(h15(l) to be true, correct and complete in all material respects.

Compliance with Governmental Prohibitions. No portion of the Loan proceeds will be used, disbursed or distributed by Borrower or any Principal for any purpose, or to any person, in violation of any Law (as defined in Section 16 (hi)) including, without limitation, any of the Terrorism Laws (as defined in Section 16 (hi)). Borrower shall provide Lender with immediate written notice (a) of any failure of any of the representations and warranties set forth in Section 16(h16(i) of this Agreement to be true, correct and complete in all material respects at any time, or (b) if Borrower obtains knowledge that Borrower, Principal, Borrower or any holder at any time of any direct or indirect equitable, legal or beneficial interest in Borrower (other than Lender or Principal an affiliate or designee of Lender) is the subject of any of the Terrorism Laws. Borrower shall immediately and diligently take, or cause to be immediately and diligently taken, all necessary action to comply with all Terrorism Laws and to cause the representations and warranties set forth in Section 16(h16(i) to be true, correct and complete in all material respects.