Common use of OFAC; Anti-Corruption Laws Clause in Contracts

OFAC; Anti-Corruption Laws. Neither the Borrower, nor any of its Subsidiaries, nor, to the knowledge of the Borrower and its Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity currently the subject of any Sanctions, nor is the Borrower or any Subsidiary located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance with applicable anti-corruption laws and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.

Appears in 5 contracts

Samples: Credit Agreement (Williams Sonoma Inc), Credit Agreement (Williams Sonoma Inc), Day Credit Agreement (Williams Sonoma Inc)

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OFAC; Anti-Corruption Laws. Neither the BorrowerBorrowers, nor any of its their Subsidiaries, nor, to the knowledge of the Borrower Borrowers and its their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity currently the subject of any Sanctions, nor is are the Borrower Borrowers or any Subsidiary of their Subsidiaries located, organized or resident in a Designated Jurisdiction. The Borrower Borrowers and its their Subsidiaries have conducted their businesses in compliance with applicable anti-corruption laws and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.

Appears in 3 contracts

Samples: Reimbursement Agreement (Williams Sonoma Inc), Reimbursement Agreement (Williams Sonoma Inc), Reimbursement Agreement (Williams Sonoma Inc)

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