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

OFAC; Anti-Terrorism Laws. (a) None of the Borrower or its Subsidiaries is a Sanctioned Person or does business in a Sanctioned Country or with a Sanctioned Person in violation of the economic sanctions of the United States administered by OFAC.

Appears in 4 contracts

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

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OFAC; Anti-Terrorism Laws. (a) None Neither the Borrower nor any Subsidiary (i) is a Sanctioned Person, (ii) has assets in Sanctioned Countries, or (iii) derives any operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the Borrower proceeds of any Loan hereunder will be used directly or its Subsidiaries is indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or does business in a Sanctioned Country or with a Sanctioned Person in violation of the economic sanctions of the United States administered by OFACCountry.

Appears in 3 contracts

Samples: First Amendment Agreement (QC Holdings, Inc.), Credit Agreement (Cerner Corp /Mo/), Credit Agreement (Orchids Paper Products CO /DE)

OFAC; Anti-Terrorism Laws. (a) None Neither Borrower, nor any Affiliate of the Borrower or its Subsidiaries Borrower, is a Sanctioned Person or does business in a Sanctioned Country or with a Sanctioned Person in violation of the economic sanctions of the United States administered by OFAC.

Appears in 3 contracts

Samples: Loan and Security Agreement (Castellum, Inc.), Loan and Security Agreement (Castellum, Inc.), Term Loan and Security Agreement (Castellum, Inc.)

OFAC; Anti-Terrorism Laws. (a) None of the No Borrower or its Subsidiaries is a Sanctioned Person or does business in a Sanctioned Country or with a Sanctioned Person Person, in each case in violation of the economic sanctions of the United States administered by OFAC.

Appears in 3 contracts

Samples: Credit Agreement (Carpenter Technology Corp), Credit Agreement (Carpenter Technology Corp), Credit Agreement (Carpenter Technology Corp)

OFAC; Anti-Terrorism Laws. (a) None of the Borrower or its Subsidiaries is not a Sanctioned Person or and does not do business in a Sanctioned Country or with a Sanctioned Person Person, in each case in violation of the economic sanctions of the United States administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Tri-State Generation & Transmission Association, Inc.)

OFAC; Anti-Terrorism Laws. (a) None of the Borrower Borrower, HB Service or its their respective Subsidiaries is a Sanctioned Person or does business in a Sanctioned Country or with a Sanctioned Person in violation of the economic sanctions of the United States administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Swisher Hygiene Inc.)

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OFAC; Anti-Terrorism Laws. (a) None a. No Credit Party or any of the Borrower or its Subsidiaries their subsidiaries is a Sanctioned Person or does business in a Sanctioned Country or with a Sanctioned Person in violation of the economic sanctions of the United States administered by OFAC.

Appears in 1 contract

Samples: Dealer Floor Plan and Security Agreement (Fountain Powerboat Industries Inc)

OFAC; Anti-Terrorism Laws. (ai) None of Neither the Borrower or nor any of its Subsidiaries is a Sanctioned Person or does business in a Sanctioned Country or with a Sanctioned Person in violation of the economic sanctions of the United States administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

OFAC; Anti-Terrorism Laws. (a) None of the Borrower or Borrower, any of its Subsidiaries nor, to the knowledge of the Borrower, any director, officer, employee, agent, affiliate or representative thereof, is a Sanctioned Person or does conducts any business in a Sanctioned Country or with a Sanctioned Person in violation of the economic sanctions of the United States administered by OFACPerson.

Appears in 1 contract

Samples: Credit Agreement (Tri-State Generation & Transmission Association, Inc.)

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