Common use of Corrupt Practices Laws Clause in Contracts

Corrupt Practices Laws. (i) Each Project Entity, the Sponsor and each of its Affiliates, and each of their respective Principal Persons, employees and agents have complied with all applicable Corrupt Practices Laws in obtaining any consents, licenses, approvals, authorizations, rights, or privileges with respect to the Project. (ii) Each Project Entity, the Sponsor and each of its Affiliates, and each of their respective Principal Persons, employees and agents are conducting the Project and the Project Company’s business in compliance with all applicable Corrupt Practices Laws. (iii) The internal management and accounting practices and controls of each Project Entity, the Sponsor and each of its Affiliates, are adequate to ensure compliance with all Corrupt Practices Laws.