Common use of No Prohibited Persons Clause in Contracts

No Prohibited Persons. No Borrower nor any of its respective Affiliates, officers, directors, partners or members is a person (or to any Borrower Party’s knowledge, owned or controlled by a person): (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any person listed above (any and all persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).

Appears in 3 contracts

Samples: Loan and Security Agreement (Front Yard Residential Corp), Loan and Security Agreement (Altisource Residential Corp), Loan and Security Agreement (Altisource Residential Corp)

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No Prohibited Persons. No Borrower Neither any Loan Party nor any of its their respective Affiliates, officers, directors, partners partners, members, Affiliates or, to the knowledge of the Loan Parties, shareholders is an entity or members is a person (or to any Borrower Party’s knowledge, owned or controlled by a person): : (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).

Appears in 2 contracts

Samples: Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)

No Prohibited Persons. No Borrower Seller Party nor Guarantor, or, to the knowledge of any Seller Party or Guarantor, no director or officer of its respective Affiliates, officers, directors, partners a Seller Party or members Guarantor is a person (an entity or to any Borrower Party’s knowledge, owned or controlled by a person): Person (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).

Appears in 2 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

No Prohibited Persons. No Borrower Neither Seller nor any of its respective Affiliates, officers, directors, partners or members is a members, an entity or person (or to any Borrower PartySeller’s knowledge, owned or controlled by a an entity or person): (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).

Appears in 1 contract

Samples: Master Repurchase Agreement (KBS Real Estate Investment Trust, Inc.)

No Prohibited Persons. No Borrower Neither Seller nor any of its respective Affiliates, officers, officers or directors, partners is an entity or members is a person (or to any Borrower PartySeller’s knowledge, owned or controlled by a an entity or person): (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

No Prohibited Persons. No Neither any Borrower Party nor any of its their respective Affiliates, officers, directors, partners partners, members, Affiliates or, to the knowledge of the Borrowers, shareholders is an entity or members is a person (or to any Borrower Party’s knowledge, owned or controlled by a person): : (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 ("EO13224"); (ii) whose name appears on the United States Treasury Department’s 's Office of Foreign Assets Control ("OFAC") most current list of "Specifically Designated National and Blocked Persons" (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports "terrorism", as that term is defined in EO13224EO 13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”"PROHIBITED PERSON")....................................................................................... 47

Appears in 1 contract

Samples: Loan and Security Agreement (Lodgian Inc)

No Prohibited Persons. No Neither any Borrower Party nor any of its their respective Affiliates, officers, directors, partners partners, members, Affiliates or, to the knowledge of the Borrower, shareholders is an entity or members is a person (or to any Borrower Party’s knowledge, owned or controlled by a person): : (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 ("EO13224"); (ii) whose name appears on the United States Treasury Department’s 's Office of Foreign Assets Control ("OFAC") most current list of "Specifically Designated National and Blocked Persons" (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxxwww.treas.gov/xxxxofac/x00xxx.xxxt11sdn.pdf); (iii) who commits, threatens to commit or supports “terrorism”coxxxx xx xxxxxxxx "xxxxxxxxx", as that term is defined in EO13224EO 13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”"PROHIBITED PERSON").

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Lodgian Inc)

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No Prohibited Persons. No Borrower Neither Seller nor any of its respective Affiliates, officers, directors, partners or members members, is a person Person (or to any Borrower Party’s Seller’ knowledge, owned or controlled by a personPerson): (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any person Person listed above (any and all persons Persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).

Appears in 1 contract

Samples: Master Repurchase Agreement

No Prohibited Persons. No Borrower Neither Seller nor any of its respective Affiliates, officers, directors, partners or members is a members, an entity or person (or to any Borrower PartySeller’s knowledge, owned or controlled by a an entity or person): (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).. EXHIBIT B

Appears in 1 contract

Samples: Master Repurchase Agreement

No Prohibited Persons. No Borrower Neither any Loan Party nor any of its their respective Affiliates, officers, directors, partners partners, members, Affiliates or, to the knowledge of the Loan Parties, shareholders is an entity or members is a person (or to any Borrower Party’s knowledge, owned or controlled by a person): : (i) that is listed in the Annex to, or is otherwise subject to the provisions of Executive Order 13224 issued on September 24, 2001 (“EO13224”); (ii) whose name appears on the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”) most current list of “Specifically Designated National and Blocked Persons” (which list may be published from time to time in various mediums including including, but not limited to, the OFAC website, http:xxx.xxxxx.xxxwxx.xxxxx.xxx/xxxx/x00xxx.xxx); (iii) who commits, threatens to commit or supports “terrorism”, as that term is defined in EO13224; or (iv) who is otherwise affiliated with any entity or person listed above (any and all parties or persons described in clauses (i) through (iv) above are herein referred to as a “Prohibited Person”).

Appears in 1 contract

Samples: Credit Agreement (Campus Crest Communities, Inc.)

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