Common use of No Conflict with OFAC Laws Clause in Contracts

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating Partnership, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will directly or indirectly use the proceeds from the sale of the Shares, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither of the Company Transaction Entities nor any of its their subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, trustee, officer, agent, employee or affiliate of the Company Transaction Entities or any of its their subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries Transaction Entities will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating Partnership, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will directly or indirectly use the proceeds from the sale of the SharesSecurities, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agentagent (while acting on behalf of the Company), employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”) or any other relevant sanctions authority (collectively, “Sanctions”); and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.Sanctions;

No Conflict with OFAC Laws. Neither None of the Company nor any of its subsidiaries Company, the Partnership or the Subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries the Company, the Partnership or the Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company Company, the Partnership or any of its subsidiaries the Subsidiaries will directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company nor Company, the Guarantors or any of its subsidiaries the Company’s Significant Subsidiaries nor, to the knowledge of the Company and or the Operating PartnershipGuarantors, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries the Guarantors is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company nor Company, any of its subsidiaries noror, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or controlled affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury Department (“OFAC”); , and none of the Company or any of its subsidiaries will not knowingly, directly or indirectly indirectly, use the proceeds from the sale of the Sharesoffering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company Companies, the Guarantors nor any of its their respective subsidiaries nor, to the knowledge of the Company and Companies or the Operating PartnershipGuarantors, any director, officer, agent, agent or employee or affiliate of the Company Companies, the Guarantors or any of its their respective subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries Companies will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company nor Company, any of its subsidiaries noror, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or controlled affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury Department (“OFAC”); , and none of the Company or any of its subsidiaries will not, directly or indirectly knowingly indirectly, use the proceeds from the sale of the Sharesoffering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating Partnership, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will directly or indirectly use the proceeds proceeds, if any, it receives from the sale of the Company Shares or Confirmation Shares, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company nor Company, any of its subsidiaries noror, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or controlled affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not knowingly, directly or indirectly indirectly, use the proceeds from the sale of the Sharesoffering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee employee, affiliate or affiliate other person acting on behalf of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not, directly or indirectly indirectly, use the proceeds from the sale of the SharesNotes, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not, directly or indirectly indirectly, use the proceeds from the issuance and sale of the SharesSecurities, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company nor Company, any of its subsidiaries noror, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is an individual or entity (“Person”) currently subject to any U.S. sanctions (“Sanctions”) administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from of the sale of the SharesSecurities, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiarysubsidiaries, joint venture partner partners or other person or entityPerson, for the purpose of financing funding the activities of any person currently Person that, at the time of such funding, is the subject to any U.S. sanctions administered by OFACof Sanctions.

No Conflict with OFAC Laws. Neither of the Company Transaction Entities nor any of its their subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any trustee, director, officer, agent, employee or affiliate of the Company Transaction Entities or any of its their subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries Transaction Entities will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“"OFAC”"), except, in each case, as would not, individually or in the aggregate, have a Material Adverse Effect; and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFACOFAC to the extent prohibited by OFAC regulations.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating Partnership, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will directly or indirectly use the proceeds from the sale of the Shares or Confirmation Shares, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agentagent (while acting on behalf of the Company), employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.; and

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating PartnershipGuarantors, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from the sale of the Sharesoffering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company Inergy Parties nor any of its their subsidiaries nor, to the knowledge of any of the Company and the Operating PartnershipInergy Parties, any director, officer, agent, employee or affiliate of any of the Company Inergy Parties or any of its their subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none each of the Company or any of its subsidiaries Inergy Parties will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company nor any of its Company, the Acquired Businesses or their respective subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or affiliate of the Company Company, the Acquired Businesses or any of its their respective subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or affiliate (as defined in the Exchange Act) of the Company or any of its subsidiaries subsidiaries, is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will not directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

No Conflict with OFAC Laws. Neither None of the Company nor any of its subsidiaries Subsidiary nor, to the knowledge of the Company and the Operating PartnershipCompany, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”) or other relevant sanctions authority (collectively, “Sanctions”); and none of the . The Company or any of its subsidiaries will not, directly or indirectly indirectly, use the proceeds from the sale of the SharesShares under this Agreement or the Forward Sales Agreements, or lend, contribute or otherwise make available such proceeds, proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFACSanctions.

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company and the Operating Partnership, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and none of the Company or any of its subsidiaries will directly or indirectly use the proceeds from the sale of the Sharesoffering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.