Common use of Sanction Laws and Regulations Clause in Contracts

Sanction Laws and Regulations. (i) The Borrower shall not, directly or indirectly, use the proceeds of the facility evidenced by this Agreement, to lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations , or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Sanction Laws and Regulations. (i) The Borrower Borrowers shall not, directly or indirectly, not knowingly use the proceeds of the facility evidenced by this Agreement, to or knowingly lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, joint venture partner or other person or entity (ia) to to, directly or indirectly, fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations Regulations, or (iib) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Sanction Laws and Regulations. (ia) The Borrower Borrowers shall not, directly or indirectly, use the proceeds of any of the facility evidenced by this AgreementFacilities, to or lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, joint venture partner or other person or entity Person (ia) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Sanction Laws and Regulations. (ia) The Borrower Borrowers shall not, directly or indirectly, use the proceeds of the facility evidenced by this AgreementLoans, to or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations , or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.