Common use of Office of Foreign Assets Control Sanctions Representations Clause in Contracts

Office of Foreign Assets Control Sanctions Representations. The Company hereby covenants and represents that neither it, nor any of its Subsidiaries, nor, to its knowledge, its Affiliates, directors or officers, are the target or subject of any sanctions enforced by the United States Government (including the Office of Foreign Assets Control of the United States Department of the Treasury), the United Nations Security Council, the European Union, HM Treasury, or other relevant sanctions authority (collectively, “Sanctions”). The Company covenants and represents that neither it nor any of its Affiliates, Subsidiaries, directors or officers will use any payments made pursuant to this Indenture, or commit any action, or cause the Trustee to commit any action, under this Indenture that has the effect of: (i) funding or facilitating any activities of or business with any person who, at the time of such funding or facilitation, is the subject or target of Sanctions, (ii) funding or facilitating any activities of or business with any country or territory that is the target or subject of Sanctions, or (iii) in any other manner, violating Sanctions by any person.

Appears in 4 contracts

Samples: Indenture (CMS Energy Corp), Indenture (Firstenergy Corp), Indenture (Duke Energy CORP)

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Office of Foreign Assets Control Sanctions Representations. (a) The Company hereby covenants and represents that neither itit nor, nor to the Company’s knowledge, any of its Subsidiariesaffiliates, nor, to its knowledge, its Affiliatessubsidiaries, directors or officers, officers are the target or subject of any sanctions enforced by the United States U.S. Government (including including, without limitation, the Office of Foreign Assets Control of the United States U.S. Department of the TreasuryTreasury or the U.S. Department of State), the United Nations Security Council, the European Union, HM His Majesty’s Treasury, or other relevant sanctions authority (collectively, collectively “Sanctions”). ; (b) The Company covenants and represents that neither it nor any of will not, and, to the Company’s knowledge, its Affiliates, Subsidiariessubsidiaries, directors or officers will not, directly or indirectly use any payments made pursuant to this Indenture, or commit any action, or cause the Trustee to commit any action, under this Indenture that has the effect of: (i) funding to fund or facilitating facilitate any activities of or business with any person who, at the time of such funding or facilitation, is the subject or target of Sanctions, (ii) funding to fund or facilitating facilitate any activities of or business with any country or territory that is the target or subject of Sanctions, or (iii) in any other manner, violating manner that will result in a violation of Sanctions by any person.

Appears in 3 contracts

Samples: Indenture (Accenture PLC), Indenture (Accenture Global Capital DAC), Indenture (Accenture Global Capital DAC)

Office of Foreign Assets Control Sanctions Representations. The Company hereby covenants and represents that neither it, nor any of its Subsidiaries, nor, to its knowledge, its Affiliates, directors or officers, are the target or subject of any sanctions enforced by the United States Government government (including the Office of Foreign Assets Control of the United States Department of the Treasury), the United Nations Security Council, the European Union, HM Treasury, or other relevant sanctions authority (collectively, “Sanctions”). The Company covenants and represents that neither it nor any of its Affiliates, Subsidiaries, directors or officers will use any payments made pursuant to this Indenture, or commit any action, or cause the Trustee to commit any action, under this Indenture that has the effect of: (i) funding or facilitating any activities of or business with any person who, at the time of such funding or facilitation, is the subject or target of Sanctions, (ii) funding or facilitating any activities of or business with any country or territory that is the target or subject of Sanctions, or (iii) in any other manner, violating facilitating the violation of Sanctions by any personPerson.

Appears in 1 contract

Samples: Indenture (Meritage Homes CORP)

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Office of Foreign Assets Control Sanctions Representations. (a) The Company hereby covenants and represents that neither itit nor, nor to the knowledge of the Company, any of its Subsidiariesaffiliates, nor, to its knowledge, its Affiliatessubsidiaries, directors or officers, officers are the target or subject of any sanctions enforced by the United States U.S. Government (including including, without limitation, the Office of Foreign Assets Control of the United States U.S. Department of the TreasuryTreasury (“OFAC”) or the U.S. Department of State), the United Nations Security Council, the European Union, HM His Majesty’s Treasury, or other relevant sanctions authority (collectively, collectively “Sanctions”). ; and (b) The Company covenants and represents that neither it nor any of its Affiliatesaffiliates, Subsidiariessubsidiaries, directors or officers will directly or indirectly use any payments made pursuant to this Indenture, or commit any action, or cause the Trustee to commit any action, under this Indenture that has the effect ofagreement: (i) funding to fund or facilitating facilitate any activities of or business with any person who, at the time of such funding or facilitation, is the subject or target of Sanctions, (ii) funding to fund or facilitating facilitate any activities of or business with any country or territory that is the target or subject of Sanctions, or (iii) in any other manner, violating manner that will result in a violation of Sanctions by any person.

Appears in 1 contract

Samples: Twelfth Supplemental Indenture (Synchrony Financial)

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