Common use of OFAC and Anti-Corruption Clause in Contracts

OFAC and Anti-Corruption. (a) Directly or indirectly use the proceeds of the Loans (i) for any purpose which would breach the U.K. Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions, (ii) to fund, finance or facilitate any activities, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions, as such Sanctions Lists or Sanctions are in effect from time to time, or (iii) in any other manner that will result in the violation of any applicable Sanctions by any Lender or Agent.

Appears in 3 contracts

Samples: Credit Agreement (Willbros Group, Inc.\NEW\), Credit Agreement (Willbros Group, Inc.\NEW\), Credit Agreement (Willbros Group, Inc.\NEW\)

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OFAC and Anti-Corruption. (a) Directly or indirectly use the proceeds of the Loans (i) for any purpose which would breach the U.K. X.X Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions, (ii) to fund, finance or facilitate any activities, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions, as such Sanctions Lists or Sanctions are in effect from time to time, or (iii) in any other manner that will result in the violation of any applicable Sanctions by any Lender or Agent.

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

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OFAC and Anti-Corruption. (a) Directly or indirectly use the proceeds of the Loans (i) for any purpose which would breach the U.K. Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions, (ii) to fund, finance or facilitate any activities, business or transaction of or with any Designated Person or in any Sanctioned Country, or otherwise in violation of Sanctions, as such Sanctions Lists or Sanctions are in effect from time to time, or (iii) in any other manner that will result in the violation of any applicable Sanctions by any Lender or Agent.. 110

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

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