Common use of No money laundering Clause in Contracts

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European Communities) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each The Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each The Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each The Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each The Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each The Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each The Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.18.

No money laundering. Each Borrower: (a) will not, and will procure that neither no Security Party (other than the Approved Manager nor a Security PartyOther Manager), to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.18.

No money laundering. Each The Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each The Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each The Borrower will promptly inform the Facility Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Facility Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each The Borrower: (a) will not, and will procure that neither the Approved Manager nor a any Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European Communities) and comparable United States Federal and state laws. Each The Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each The Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European Communities) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über uber das Aufspüren Aufspuren von Gewinnen aus schweren Straftaten (GeldwäschegesetzGeldwaschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.16.

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.16.

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.18.

No money laundering. (a) Each Borrower: (ai) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene contravene, or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European CommunitiesUnion of 20 May 2015) and any comparable United States Federal US federal and state laws. Each Borrower ; and (ii) shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and. (b) confirms Each Borrower: (i) shall confirm to the Agent that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That Agreement (that is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower ); and (ii) will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. . (c) The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17sub-paragraph (b)(ii) above.

No money laundering. Each The Borrower: (a) will not, and will procure that neither the Approved Manager nor a Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European Communities) and comparable United States Federal and state laws. Each The Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each The Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.17 (No Money laundering).

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. (a) Each Borrower: : (ai) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene contravene, or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European CommunitiesUnion of 20 May 2015) and any comparable United States Federal US federal and state laws. Each Borrower ; and (ii) shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and. (b) confirms Each Borrower: (i) shall confirm to the Agent that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That Agreement (that is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower ); and (ii) will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. . (c) The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17sub-paragraph (b)(ii) above.

No money laundering. Each The Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and 2015/849/EC of the Council of the European CommunitiesUnion of 26 October 2005Communities) and comparable United States Federal and state laws. Each The Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each The Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each Borrower(a) The Guarantor: (ai) will not, and will procure that neither the Approved Manager Borrower nor a any Security Party, to the extent applicable, will, in connection with this Agreement Guarantee or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European CommunitiesUnion of May 2015) and any comparable United States US Federal and state laws. Each Borrower ; and (ii) shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and. (b) The Guarantor: (i) confirms that it the Borrower is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this the Loan Agreement. That is to say, it the Borrower acts for its own account and not for or on behalf of anyone else. Each Borrower ; and (ii) will promptly inform the Agent by written notice, if it the Borrower is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über iiber das Aufspüren AufspUren von Gewinnen aus schweren Straftaten (GeldwäschegesetzGeldwaschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.17.

No money laundering. Each (a) The Borrower: (ai) will not, and will procure that neither the no Approved Manager nor a Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European Communities) and comparable United States Federal and state laws. Each The Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (bii) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That Agreement (that is to say, it acts for its own account and not for or on behalf of anyone else. Each ). (b) The Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. . (c) The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.17 (No Money laundering).

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.18.

No money laundering. Each (a) The Borrower: (ai) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene contravene, or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/849/EC of the European Parliament and of the Council of the European CommunitiesUnion of 20 May 2015) and any comparable United States Federal US federal and state laws. Each Borrower ; and (ii) shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and. (b) confirms The Borrower: (i) shall confirm to the Agent that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That Agreement (that is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower ); and (ii) will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. . (c) The Agent shall promptly notify the Lenders of any written notice it receives under this sub-paragraph (ii) of paragraph (b) of Clause 10.1711.22 above.

No money laundering. Each Borrower: (a) will not, and will procure that neither the Approved Manager nor a no Security Party, to the extent applicable, will, in connection with this Agreement or any of the other Finance Documents, contravene or permit any subsidiary to contravene, any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive 2015/8492005/60/EC of the European Parliament and of the Council of the European CommunitiesUnion of 26 October 2005) and comparable United States Federal and state laws. , Each Borrower shall further submit any documents and declarations on request, if such documents or declarations are required by any Creditor Party to comply with its domestic money laundering and/or legal identification requirements; and (b) confirms that it is the beneficiary within the meaning of the German Anti Money Laundering Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten (Geldwäschegesetz)), acting for its own account and not for or on behalf of any other person for each part of the Loan made or to be made available to it under this Agreement. That is to say, it acts for its own account and not for or on behalf of anyone else. Each Borrower will promptly inform the Agent by written notice, if it is not or ceases to be the beneficiary and will provide in writing the name and address of the beneficiary. The Agent shall promptly notify the Lenders of any written notice it receives under this Clause 10.1710.16.