Common use of Compliance with OFAC Sanctions Programs Clause in Contracts

Compliance with OFAC Sanctions Programs. (a) The Borrower shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 12 contracts

Samples: Credit Agreement (Monmouth Real Estate Investment Corp), Credit Agreement (CTS Corp), Credit Agreement (LTC Properties Inc)

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Compliance with OFAC Sanctions Programs. (a) The Borrower Company shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower Company and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary, except in any such case as would not have a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Sanderson Farms Inc), Credit Agreement (Sanderson Farms Inc), Credit Agreement (Sanderson Farms Inc)

Compliance with OFAC Sanctions Programs. (a) The Borrower shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 5 contracts

Samples: Credit Agreement (Twin Disc Inc), Senior Subordinated Credit Agreement (Quadrant 4 System Corp), Credit Agreement (Air T Inc)

Compliance with OFAC Sanctions Programs. (a) The Each Borrower and each Guarantor shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the such Borrower or such Guarantor and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 4 contracts

Samples: Credit Agreement (Delek Logistics Partners, LP), Credit Agreement (Delek US Holdings, Inc.), Credit Agreement (Delek Logistics Partners, LP)

Compliance with OFAC Sanctions Programs. (a) The Borrower shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary. The Borrower will not directly or indirectly use the proceeds of the Loans or otherwise make available such proceeds to any Person, for the purpose of financing the activities of any Person subject to any sanctions administered by OFAC.

Appears in 2 contracts

Samples: Multicurrency Credit Agreement, Multicurrency Credit Agreement (Jones Lang Lasalle Inc)

Compliance with OFAC Sanctions Programs. (a) The Each of Holdings and the Borrower shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to Holdings or the Borrower and shall cause each of its the Borrower Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Borrower Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Intl Fcstone Inc.), Credit Agreement (International Assets Holding Corp)

Compliance with OFAC Sanctions Programs. (a) The Borrower and Seller shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower or Seller and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (American Railcar Industries, Inc.), Credit Agreement (American Railcar Industries, Inc.)

Compliance with OFAC Sanctions Programs. (a) The Borrower shall at all times comply in all material respects with the requirements of all OFAC Sanctions Programs applicable to the Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Consolidated Tomoka Land Co)

Compliance with OFAC Sanctions Programs. (a) The Borrower Company shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower Company and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary, in each case, the non-compliance with which could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Multicurrency Credit Agreement, Multicurrency Credit Agreement (Gallagher Arthur J & Co)

Compliance with OFAC Sanctions Programs. (a) The Borrower Borrowers shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower Borrowers and shall cause each of its the Restricted Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Restricted Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Emcor Group Inc)

Compliance with OFAC Sanctions Programs. (a) The a)The Borrower shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Cynergistek, Inc)

Compliance with OFAC Sanctions Programs. (a) The Borrower shall at all times comply in all material respects with the requirements of all OFAC Sanctions Programs applicable to the Borrower and shall cause each of its Subsidiaries to comply in all material respects with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (BGC Partners, Inc.)

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Compliance with OFAC Sanctions Programs. (a) The Each of the Borrower and HAI shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower or HAI and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary, non-compliance with which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Hewitt Associates Inc)

Compliance with OFAC Sanctions Programs. (a) The Each of Holdings, the Parent, the Borrower shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to Holdings, the Parent, the Borrower and shall cause each of its the Borrower Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Borrower Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (International Assets Holding Corp)

Compliance with OFAC Sanctions Programs. (a) The Each Borrower shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the such Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Reliv International Inc)

Compliance with OFAC Sanctions Programs. (a) The Each Borrower shall at all times comply in all material respects with the requirements of all OFAC Sanctions Programs applicable to the Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary. No Borrower shall, nor shall any Borrower permit any of its Subsidiaries to, use or permit the use of any proceeds of Loans in any way that will violate the OFAC Sanctions Programs.

Appears in 1 contract

Samples: Credit Agreement (Hub Group Inc)

Compliance with OFAC Sanctions Programs. (a) The Each Borrower shall at all times comply in all material respects with the requirements of all OFAC Sanctions Programs applicable to the such Borrower and shall cause each of its Subsidiaries to comply in all material respects with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Amcol International Corp)

Compliance with OFAC Sanctions Programs. (a) The Borrower Company shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower Company and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such SubsidiarySubsidiary non-compliance with which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Gallagher Arthur J & Co)

Compliance with OFAC Sanctions Programs. (a) The Borrower and each Guarantor shall at all times comply with the requirements of all OFAC Sanctions Programs applicable to the Borrower or such Guarantor and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (American CyberSystems Inc)

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