Common use of No money laundering Clause in Contracts

No money laundering. In relation to the borrowing by the Borrower of the Loans, the performance and discharge of its obligations and liabilities under this Agreement or any of the Security Documents and the transactions and other arrangements effected or contemplated by this Agreement or any of the Security Documents to which the Borrower is a party, it is acting for its own account and the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure which has been implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community) and which is applicable to the Borrower.

No money laundering. In relation to the borrowing by the Borrower of the LoansLoan, the performance and discharge of its obligations and liabilities under this Agreement or any of the Security Documents and the transactions and other arrangements effected or contemplated by this Agreement or any of the Security Documents to which the Borrower is a party, it is acting for its own account and the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure which has been implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community) and which is applicable to the Borrower.

No money laundering. In relation to the borrowing by the Borrower of the LoansAdvances or any of them, the performance and discharge of its obligations and liabilities under this Agreement or any of and the Security other Finance Documents and the transactions and other arrangements effected affected or contemplated by this Agreement or any of and the Security Documents to which other Finance Documents, the Borrower is a party, confirms that it is acting for its own account and that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure which has been implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community) and which is applicable to the BorrowerCommunities).

No money laundering. In in relation to the borrowing utilisation by the each Borrower of the Loansfacilities granted to it hereunder, the performance and discharge of its obligations and liabilities under this Agreement or any of the Security Documents to which it is a party, and the transactions and other arrangements effected or contemplated by this Agreement or any of the Security Documents to which the Borrower it is a party, each Borrower confirms that it is acting for its own account and that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure which has been implemented to combat “"money laundering” " (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community) and which is applicable to the BorrowerCommunities).

No money laundering. In in relation to the borrowing by the Borrower of the LoansLoan, the performance and discharge of its obligations and liabilities under this Agreement or any of the Security Documents Transaction Documents, and the transactions and other arrangements effected or contemplated by this Agreement or any of the Security Transaction Documents to which the Borrower is a party, the Borrower confirms that it is acting for its own account and that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure which has been implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community) and which is applicable to the BorrowerCommunities).

No money laundering. In relation to the borrowing by the Borrower of the Loanseach Advance, the performance and discharge of its obligations and liabilities under this Agreement or any of the Security Finance Documents and the transactions and other arrangements effected or contemplated by this Agreement or any of the Security Finance Documents to which the Borrower is a party, it the Borrower is acting for its own account and that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure which has been implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community) and which is applicable to the Borrower).

No money laundering. In relation to the borrowing by the Borrower Borrowers of the LoansLoan, the performance and discharge of its obligations and liabilities under this Agreement or any of the Security Documents Finance Documents, and the transactions and other arrangements effected or contemplated by this Agreement or any of the Security Finance Documents to which the Borrower it is a party, the Borrowers confirm to the Lender that it is acting for its own account and that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure which has been implemented to combat “"money laundering” " (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community) and which is applicable to the BorrowerCommunities).