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

OFAC; Anti-Terrorism Laws. (a) No Credit Party or any Affiliate of any Credit Party (i) is a Sanctioned Person, (ii) has more than 15% of its assets in Sanctioned Countries, or (iii) derives more than 15% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 10 contracts

Samples: Credit Agreement, Credit Agreement (Intercontinentalexchange Inc), Credit Agreement (Intercontinentalexchange Inc)

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OFAC; Anti-Terrorism Laws. (a) No Credit Party or any Affiliate of any Credit Party Borrower (i) is not a Sanctioned Person, (ii) has no more than 1510% of its assets in Sanctioned Countries, or and (iii) derives does not derive more than 1510% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 5 contracts

Samples: Loan Agreement (Laclede Group Inc), Loan Agreement (Laclede Gas Co), Loan Agreement (Laclede Gas Co)

OFAC; Anti-Terrorism Laws. (a) No Credit Party or any Affiliate of any Credit Party (i) is a Sanctioned Person, (ii) has more than 1510% of its assets in Sanctioned Countries, or (iii) derives more than 1510% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 4 contracts

Samples: Credit Agreement (Swisher Hygiene Inc.), Credit Agreement (Swisher Hygiene Inc.), Credit Agreement (Swisher Hygiene Inc.)

OFAC; Anti-Terrorism Laws. (a) No Credit Company Party or any Affiliate of any Credit Company Party (i) is a Sanctioned Person, (ii) has more than 1510% of its assets in Sanctioned Countries, or (iii) derives more than 1510% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 1 contract

Samples: Credit Agreement (Krispy Kreme Doughnuts Inc)

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OFAC; Anti-Terrorism Laws. (a) No Credit Party or any Affiliate of any Credit Party (i) is a Sanctioned Person, (ii) has more than 15% of its assets in Sanctioned Countries, or (iii) derives more than 15% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Loan of the Notes issued hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 1 contract

Samples: Investment Agreement (Intersearch Group Inc)

OFAC; Anti-Terrorism Laws. (a) No Credit Loan Party or any Affiliate of any Credit Party their respective Affiliates (i) is a Sanctioned Person, (ii) has more than 1510% of its assets in Sanctioned Countries, Countries or (iii) derives more than 1510% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Appears in 1 contract

Samples: Credit Agreement (Halozyme Therapeutics Inc)

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