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 or any Guarantor, 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 the Company will not directly or indirectly use the proceeds of the offering, 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.

Appears in 3 contracts

Samples: Purchase Agreement (Stewart Enterprises Inc), Alaska Communications Systems Group Inc, Alaska Communications Systems Group Inc

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No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries Subsidiaries nor, to the knowledge of the Company or any GuarantorSpecified Responsible Officer of any Borrower, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries Subsidiaries has received a notice that it is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Company will not no Borrower will, directly or indirectly indirectly, knowingly use any part of the proceeds of the offeringLoans, or lend, contribute or otherwise make available such proceeds proceeds, to any subsidiarySubsidiary, joint venture partner or other person or entityPerson, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

Appears in 3 contracts

Samples: Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.)

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries Subsidiaries nor, to the knowledge of the Company or any GuarantorCompany, any director, officer, agent, employee or affiliate 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 the Company will not knowingly directly or indirectly use the proceeds of the offering, 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.

Appears in 2 contracts

Samples: Underwriting Agreement (Quest Diagnostics Inc), Underwriting Agreement (Quest Diagnostics Inc)

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company or any Guarantorand 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 the Company will not directly or indirectly use the proceeds of the offering, 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.

Appears in 2 contracts

Samples: Underwriting Agreement (Kilroy Realty Corp), Underwriting Agreement (Kilroy Realty Corp)

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No Conflict with OFAC Laws. Neither the Company nor Company, any of its subsidiaries nor, to the knowledge of the Company or any GuarantorCompany, any director, officer, agent, employee or affiliate 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 each of the Company and its subsidiaries will not directly or indirectly use the proceeds of the offering, 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.

Appears in 2 contracts

Samples: Underwriting Agreement (DG FastChannel, Inc), Underwriting Agreement (Cybex International Inc)

No Conflict with OFAC Laws. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company or any GuarantorCompany, any director, officer, agent, employee or affiliate 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 the Company will not to its knowledge, directly or indirectly use the proceeds of the offering, 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.

Appears in 1 contract

Samples: Purchase Agreement (Speedway Motorsports Inc)

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