Common use of Sanctioned Persons Clause in Contracts

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any person, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

Appears in 12 contracts

Samples: Term Loan Credit Agreement (TMS International Corp.), Assignment and Assumption (TMS International Corp.), Abl Credit Agreement (TMS International Corp.)

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Sanctioned Persons. None of Holdings, the Borrower Loan Parties or any Subsidiary of their Subsidiaries nor, to the knowledge of the any Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower any Loan Party or any Subsidiary of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the no Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 6 contracts

Samples: Credit Agreement (ACCO BRANDS Corp), Credit Agreement (ACCO BRANDS Corp), Credit Agreement (ACCO BRANDS Corp)

Sanctioned Persons. None of Holdings, the Borrower Loan Parties or any Subsidiary their respective Subsidiaries nor, to the knowledge of Holdings or the Borrower, any director, officer, agent, employee or Affiliate of Holdings, any of the Borrower Loan Parties or any Subsidiary of their respective Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 5 contracts

Samples: Warrant Purchase Agreement (Blackline, Inc.), Credit Agreement (Blackline, Inc.), Credit Agreement (Blackline, Inc.)

Sanctioned Persons. None of Holdings, the Borrower or any Restricted Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Restricted Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Reliant Software, Inc.), Revolving Credit Agreement (Community Choice Financial Inc.), Credit Agreement (Warner Music Group Corp.)

Sanctioned Persons. None of Holdings, the Borrower Loan Parties or any Subsidiary of their Subsidiaries nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower any Loan Party or any Subsidiary of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Post Holdings, Inc.), Credit Agreement (Diamond Foods Inc)

Sanctioned Persons. None of Holdings, Neither the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department ("OFAC"); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson or entity, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 3 contracts

Samples: Credit Agreement (Pyramid Oil Co), Credit Agreement (Pyramid Delaware Merger Subsidiary, Inc.), Credit Agreement (Vanguard Natural Resources, LLC)

Sanctioned Persons. None of HoldingsAmerican Capital, LLC, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any directordirector or officer of American Capital, officer, agent, employee or Affiliate of HoldingsLLC, the Borrower or any Subsidiary is currently the subject to of any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower no Loan Party nor American Capital, LLC will not to its actual knowledge directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any person, Person for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 3 contracts

Samples: Credit Agreement (American Capital, LTD), Secured Revolving Credit Agreement (American Capital, LTD), Senior Secured Term Loan Credit Agreement (American Capital, LTD)

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Jda Software Group Inc), Credit Agreement (Rentech Inc /Co/), Credit Agreement (Rentech Inc /Co/)

Sanctioned Persons. None of Holdings, the Borrower Loan Parties or any Subsidiary of their Subsidiaries nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, any of the Borrower Loan Parties or any Subsidiary of their Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not knowingly directly or indirectly use the proceeds of the Loans any Advance or the Letters any Letter of Credit or otherwise make available such proceeds to any person, Person for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 2 contracts

Samples: Credit Agreement (Lumos Networks Corp.), Credit Agreement (Lumos Networks Corp.)

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary of its Subsidiaries nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not knowingly directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any person, Person for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 2 contracts

Samples: Credit Agreement (Ntelos Holdings Corp), Credit Agreement (Ntelos Holdings Corp)

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will does not intend to directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 2 contracts

Samples: Security Agreement and Financing Statement (Fairway Group Holdings Corp), Credit Agreement (Fairway Group Holdings Corp)

Sanctioned Persons. None of Holdings, the Borrower or any Restricted Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, officer or employee or Affiliate of Holdings, the Borrower or any Restricted Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly directly, or to its knowledge, indirectly use the proceeds of the Initial Term Loans or the Letters of Credit or otherwise make available such proceeds to any person, Tranche B Term Loans for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 2 contracts

Samples: Credit Agreement (Warner Music Group Corp.), Credit Agreement (Warner Music Group Corp.)

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Term Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 2 contracts

Samples: Credit Agreement (Spectrum Brands, Inc.), Credit Agreement (Spectrum Brands, Inc.)

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdingsthe Parent, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson or entity, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (InfrastruX Group, Inc.)

Sanctioned Persons. None of HoldingsNo Loan Party or Restricted Subsidiary, the Borrower or any Subsidiary nor, nor to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower any Loan Party or any Restricted Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or or, to the knowledge of the Borrower, indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any person, Person for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Supervalu Inc)

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Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department ("OFAC"); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any person, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Abl Credit Agreement (Amscan Holdings Inc)

Sanctioned Persons. None of Holdings, Neither the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson or entity, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Natural Resources, LLC)

Sanctioned Persons. None of Holdings, the Borrower Loan Parties or any Subsidiary of their Subsidiaries nor, to the knowledge of the BorrowerHoldings and Borrowers, any director, officer, agent, employee or Affiliate of Holdings, the Borrower any Loan Party or any Subsidiary of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower Loan Parties will not directly or indirectly use the proceeds of the Term Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Term Loan Agreement (EveryWare Global, Inc.)

Sanctioned Persons. None of Holdingsthe Parent, the Borrower or any Subsidiary noror, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdingsthe Parent, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department ("OFAC"); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson or entity, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Term Loan Agreement (Vanguard Natural Resources, LLC)

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary nor, to the knowledge of the Borrower, any director, officer, agent, or employee or Affiliate of Holdings, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not knowingly directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any person, for the purpose of financing the activities of any person that is currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (King Pharmaceuticals Inc)

Sanctioned Persons. None of Holdings, the Borrower or any Subsidiary of its Subsidiaries nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdings, the Borrower or any Subsidiary of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower will not knowingly directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any person, Person for the purpose of financing the activities of any person currently Person subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Ntelos Holdings Corp)

Sanctioned Persons. None of Holdingsthe Parent, the Borrower or any Subsidiary noror, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of Holdingsthe Parent, the Borrower or any Subsidiary is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department ("OFAC"); and the Borrower will not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson or entity, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Natural Resources, LLC)

Sanctioned Persons. None of Holdings, the Borrower Company or any Subsidiary of their respective Subsidiaries nor, to the knowledge of the BorrowerCompany, any director, officer, agent, employee or Affiliate of Holdings, the Borrower Company or any Subsidiary of their respective Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower Company will not not, to its knowledge, directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries International Inc)

Sanctioned Persons. None of Holdings, the Borrower Company or any Subsidiary of their respective Subsidiaries nor, to the knowledge of the BorrowerCompany, any director, officer, agent, employee or Affiliate of Holdings, the Borrower Company or any Subsidiary of their respective Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Borrower Company will not not, to its knowledge, directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any personPerson, for the purpose of financing the activities of any person Person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries International Inc)

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