Common use of Foreign Assets Control Regulations and Anti-Money Laundering Clause in Contracts

Foreign Assets Control Regulations and Anti-Money Laundering. Each Credit Party and each Subsidiary of each Credit Party is and will remain in compliance in all material respects with all applicable United States, Bahamian and Australian economic sanctions laws, Decrees and implementing regulations as promulgated by the US Treasury Department’s Office of Foreign Assets Control, and all applicable anti-money laundering and counter-terrorism laws including (i) financing provisions of the Bank Secrecy Act and (ii) Part 4 of the Australian Charter of the United Nations Xxx 0000 (Cth), and all regulations issued pursuant to any of the foregoing. No Credit Party and no Subsidiary or Affiliate of a Credit Party (i) is a Person designated by the United States government on the list of the Specially Designated Nationals and Blocked Persons (the “SDN List”) with which a United States Person cannot deal with in business transactions, (ii) is a Person who is otherwise the target of United States, Bahamian or Australian economic sanctions laws such that a United States Person, Bahamian Person or Australian Person cannot deal in business transactions with such Person or (iii) is controlled by (including without limitation by virtue of such person being a director or owning voting shares or interests), or acts, directly or indirectly, for or on behalf of, any person or entity on the SDN List or a foreign government that is the target of United States, Bahamian or Australian economic sanctions prohibitions such that the entry into, or performance under, this Agreement or any other Credit Document would be prohibited under United States, Bahamian or Australian law. Further, each Credit Party and each Subsidiary of each Credit Party is and will remain in compliance in all material respects with all Dutch economic sanction laws and regulations and all applicable Dutch anti-money laundering and Dutch counter-terrorism laws, including, but not limited to, the law for the prevention of money laundering and terrorist financing (Wet ter voorkoming van witwassen en financieren van terrorisme) to the extent applicable to it.

Foreign Assets Control Regulations and Anti-Money Laundering. (a) Each Credit Loan Party and each Subsidiary of each Credit Loan Party is and will remain in compliance in all material respects with all applicable United States, Bahamian Bahamian, Dutch and Australian economic and trade sanctions laws, Decrees decrees and implementing regulations as promulgated by the US U.S. Treasury Department’s Office of Foreign Assets Control, and all applicable anti-money laundering and counter-terrorism laws including (i) financing provisions of the Bank Secrecy Act and Act; (ii) Part 4 of the Australian Charter of the United Nations Xxx 0000 (Cth); (iii) the Xxxxxxxxxx Xxxxxxxxx Xxx 0000 (Cth) and (iv) the Anti-Money Laundering and Counter-Terrorism Financing Xxx 0000 (Cth), and all regulations issued pursuant to any of the foregoing. . (b) No Credit Loan Party and no Subsidiary or Affiliate of a Credit Loan Party (i) is a Person designated by the United States government on the list of the Specially Designated Nationals and Blocked Persons (the “SDN List”) with which a United States Person cannot deal with in business transactions, (ii) is a Person who is otherwise the target of United States, Bahamian Bahamian, Dutch or Australian economic and trade sanctions laws such that a United States Person, Bahamian Person, Dutch Person or Australian Person cannot deal in business transactions with such Person or (iii) is controlled by (including without limitation by virtue of such person Person being a director or owning voting shares or interests), or acts, directly or indirectly, for or on behalf of, any person Person or entity on the SDN List or a foreign government that is the target of United States, Bahamian or Australian economic and trade sanctions prohibitions such that the entry into, or performance under, this Agreement or any other Credit Loan Document would be prohibited under United States, Bahamian Bahamian, Dutch or Australian law. Further, each Credit Loan Party and each Subsidiary of each Credit Loan Party is and will remain in compliance in all material respects with all Dutch economic sanction laws and regulations and all applicable Dutch anti-money laundering and Dutch counter-terrorism laws, including, but not limited to, the law for the prevention of money laundering and terrorist financing (Wet ter voorkoming van witwassen en financieren van terrorisme) and the rules and regulations promulgated therefrom, in each case, to the extent applicable to it.

Foreign Assets Control Regulations and Anti-Money Laundering. Each Credit Party Borrower, each Guarantor and each Subsidiary of each Credit Party their respective Subsidiaries, has for the past five (5) years been, and currently is and will remain in compliance in all material respects with all applicable United States, Bahamian and Australian U.S. economic sanctions laws, Decrees executive orders and implementing regulations as promulgated by the US U.S. Treasury Department’s Office of Foreign Assets ControlControl (“OFAC”), and all applicable anti-money laundering and counter-terrorism laws including (i) financing provisions of the Bank Secrecy Act and (ii31 U.S.C. Sections 5301 et seq.) Part 4 of the Australian Charter of the United Nations Xxx 0000 (Cth), and all regulations issued pursuant to any of the foregoingit. No Credit Each Loan Party and no any Subsidiary or Affiliate of a Credit such Loan Party is currently not and has not, for the past five (5) years been, (i) is a Person designated by the United States U.S. government on the list of the Specially Designated Nationals and Blocked Persons (the “SDN List”) with which a United States U.S. Person cannot deal with or otherwise engage in business transactions, (ii) is a Person who is otherwise the target of U.S., United StatesKingdom, Bahamian or Australian United Nations economic sanctions laws such that a United States Personor restrictions, Bahamian Person or Australian Person cannot deal in business transactions with such Person or (iii) is controlled by (including without limitation by virtue of such person Person being a director or owning voting shares or interests), or acts, directly or indirectly, for or on behalf of, any person Person or entity on the SDN List or a foreign government that is the target of United States, Bahamian or Australian U.S. economic sanctions prohibitions or (iv) is not located, organized or resident in a country or territory that is the subject or target of U.S. comprehensive economic sanctions. Each Loan Party has implemented and maintains in effect policies and procedures reasonably designed to promote compliance by such that the entry intoLoan Party, or performance underits respective Subsidiaries and their respective directors, this Agreement or any other Credit Document would be prohibited under United Statesofficers, Bahamian or Australian law. Furtheremployees and agents with OFAC, each Credit Party and each Subsidiary of each Credit Party is and will remain in compliance in all material respects with all Dutch economic sanction laws and regulations and all applicable Dutch anti-money laundering and Dutch counter-terrorism laws, including, but not limited to, financing provisions of the law for the prevention of money laundering Bank Secrecy Act (31 U.S.C. Sections 5301 et seq.) and terrorist financing (Wet ter voorkoming van witwassen en financieren van terrorisme) to the extent applicable all regulations issued pursuant to it.

Foreign Assets Control Regulations and Anti-Money Laundering. (a) Each Credit Loan Party and each Subsidiary of each Credit Loan Party is and will remain in compliance in all material respects with all applicable United States, Bahamian Bahamian, Dutch and Australian economic sanctions laws, Decrees and implementing regulations as promulgated by the US U.S. Treasury Department’s Office of Foreign Assets Control, and all applicable anti-money laundering and counter-terrorism laws including (i) financing provisions of the Bank Secrecy Act Act; and (ii) Part 4 of the Australian Charter of the United Nations Xxx 0000 (Cth), and all regulations issued pursuant to any of the foregoing. . (b) No Credit Loan Party and no Subsidiary or Affiliate of a Credit Loan Party (i) is a Person designated by the United States government on the list of the Specially Designated Nationals and Blocked Persons (the “SDN List”) with which a United States Person cannot deal with in business transactions, (ii) is a Person who is otherwise the target of United States, Bahamian Bahamian, Dutch or Australian economic sanctions laws such that a United States Person, Bahamian Person, Dutch Person or Australian Person cannot deal in business transactions with such Person or (iii) is controlled by (including without limitation by virtue of such person Person being a director or owning voting shares or interests), or acts, directly or indirectly, for or on behalf of, any person Person or entity on the SDN List or a foreign government that is the target of United States, Bahamian or Australian economic sanctions prohibitions such that the entry into, or performance under, this Agreement or any other Credit Loan Document would be prohibited under United States, Bahamian Bahamian, Dutch or Australian law. Further, each Credit Loan Party and each Subsidiary of each Credit Loan Party is and will remain in compliance in all material respects with all Dutch economic sanction laws and regulations and all applicable Dutch anti-money laundering and Dutch counter-terrorism laws, including, but not limited to, the law for the prevention of money laundering and terrorist financing (Wet ter voorkoming van witwassen en financieren van terrorisme) and the rules and regulations promulgated therefrom, in each case, to the extent applicable to it.