OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower (i) is a Sanctioned Person, (ii) has more than 10% of its assets in Sanctioned Countries or (iii) derives more than 10% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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 2 contracts
Samples: Note Purchase Agreement (Depomed Inc), Note Purchase Agreement (Depomed Inc)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower its Subsidiaries (i) is a Sanctioned Person, (ii) has more than 1015% of its assets in Sanctioned Countries Countries, or (iii) derives more than 1015% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note Loan hereunder will knowingly 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 2 contracts
Samples: Credit Agreement (Selective Insurance Group Inc), Credit Agreement (Selective Insurance Group Inc)
OFAC; Anti-Terrorism Laws. (ai) Neither the Borrower nor any Affiliate of the Borrower (ia) is a Sanctioned Person, (iib) has more than 10% of its assets in Sanctioned Countries Countries, or (iiic) derives more than 10% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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 2 contracts
Samples: Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower its Subsidiaries (i) is a Sanctioned Person, (ii) has more than 1015% of its assets in Sanctioned Countries Countries, or (iii) derives more than 1015% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note Loan hereunder will knowingly 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 2 contracts
Samples: Credit Agreement (Selective Insurance Group Inc), Credit Agreement (Selective Insurance Group Inc)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower Subsidiary (i) is a Sanctioned Person, (ii) has more than 1015% of its assets in Sanctioned Countries Countries, or (iii) derives more than 1015% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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 2 contracts
Samples: Credit Agreement (Grainger W W Inc), Credit Agreement (Grainger W W Inc)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower its Subsidiaries (i) is a Sanctioned Person, (ii) has more than 1015% of its assets in Sanctioned Countries Countries, or (iii) derives more than 1015% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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 2 contracts
Samples: Credit Agreement (Old Dominion Freight Line Inc/Va), Credit Agreement (Old Dominion Freight Line Inc/Va)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower it Subsidiaries (i) is a Sanctioned Person, (ii) has more than 10% of its assets in Sanctioned Countries Countries, or (iii) derives more than 10% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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 2 contracts
Samples: Credit Agreement (WGL Holdings Inc), Credit Agreement (WGL Holdings Inc)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower its Subsidiaries (i) is a Sanctioned Person, (ii) has more than 10% of its assets in Sanctioned Countries Countries, or (iii) derives more than 10% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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 (WGL Holdings Inc)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor any Affiliate of the Borrower (i) is a Sanctioned Person, (ii) has more than 10% of its assets in Sanctioned Countries Countries, or (iii) derives more than 10% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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 (Computer Software Innovations, Inc.)
OFAC; Anti-Terrorism Laws. (a) Neither the Borrower nor or any Affiliate of the Borrower (i) is a Sanctioned Person, (ii) has more than 10% of its assets in Sanctioned Countries Countries, or (iii) derives more than 10% of its operating income from investments in, or transactions with, Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Note 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