Common use of Economic Sanctions, Etc Clause in Contracts

Economic Sanctions, Etc. The Company will not, and will not permit any Controlled Entity to (a) become (including by virtue of being owned or controlled by a Blocked Person), own or control a Blocked Person or (b) directly or indirectly have any investment in or engage in any dealing or transaction (including any investment, dealing or transaction involving the proceeds of the MRP Shares) with any Person if such investment, dealing or transaction (i) would cause any Purchaser or holder or any affiliate of such Purchaser or holder to be in violation of, or subject to sanctions under, any law or regulation applicable to such Purchaser or holder, or

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement

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Economic Sanctions, Etc. The Company will shall not, and will shall not permit any Controlled Entity to (a) become (including by virtue of being owned or controlled by a Blocked Person), own or control a Blocked Person or (b) directly or indirectly have any investment in or engage in any dealing or transaction (including any investmentactivity, dealing or transaction involving the proceeds of the MRP Shares) with any Person if such investment, dealing or transaction (i) involves a Blocked Person or Sanctioned Country, or (ii) would cause result in a violation under any Purchaser Economic Sanctions Laws, Anti-Corruption Laws or holder Anti-Money Laundering Laws by the Company, any Controlled Entity, the Paying Agent, or any affiliate of such Purchaser or holder to be in violation of, or subject to sanctions under, any law or regulation applicable to such Purchaser or holder, orHolder.

Appears in 2 contracts

Samples: Kingstone Companies, Inc., Kingstone Companies, Inc.

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