Common use of Office of Foreign Assets Control, Department of the Treasury Clause in Contracts

Office of Foreign Assets Control, Department of the Treasury. (“OFAC”): (a) Manager hereby acknowledges and agrees that it will be performing OFAC searches/checks on each potential tenant (including renewals) that may be leasing space in the Properties. Manager is required to keep verification of the OFAC check in the tenant file. Manager also agrees that a tenant shall not be permitted to sublet its space to a new tenant without Manager performing an OFAC search/check on the potential sublessee. (b) Manager hereby acknowledges and agrees that it will be performing OFAC (defined below) searches/checks on each potential vendor (including renewals) that may be performing work in or around the Properties. Manager is required to keep verification of the OFAC check in the vendor file. (c) OFAC searches/checks may be done online using the Bridger Insight Free Name Check web site at the following link: xxx.xxxxxxxxxxxxxx.xxxxxxxxxxx.xxx, or any of the other free name check services that may also be available on the web. (d) All leases, lease renewals and contracts including all construction contracts, purchase orders and service agreements and renewals thereof shall include OFAC language.