Common use of Sanctions and Anti-Corruption Laws Clause in Contracts

Sanctions and Anti-Corruption Laws. (a) The Borrower will not, and will not permit any Subsidiary or Unrestricted Subsidiary to, request any Loan or Letter of Credit or, directly or indirectly, use the proceeds of any Loan and/or any Letter of Credit, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person (i) to fund, any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is , or whose government is, the subject of Sanctions, or (ii) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the transaction, whether as an Arranger, the Administrative Agent, any Lender or the Issuing Bank or otherwise).

Appears in 4 contracts

Samples: Credit Agreement (Tengasco Inc), Credit Agreement (Tengasco Inc), Credit Agreement (Riley Exploration - Permian, LLC)

AutoNDA by SimpleDocs

Sanctions and Anti-Corruption Laws. (a) The Holdings and the Borrower will not, and will not permit any Subsidiary or Unrestricted Subsidiary to, request any Term Loan or Letter of Credit or, directly or indirectly, use the proceeds of any Loan and/or any Letter of CreditTerm Loan, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person (i) to fund, fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is is, or whose government is, the subject of Sanctions, or (ii) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the transactionTerm Loans, whether as an Arranger, the Administrative Agent, any Lender or the Issuing Bank Lender, underwriter, advisor, investor or otherwise), or (iii) in furtherance of an offer, payment, promise to pay or authorization of the payment or giving of money or anything else of value to any Person in violation of applicable Anti-Corruption Laws.

Appears in 3 contracts

Samples: Term Loan Agreement (Root, Inc.), Term Loan Agreement (Root Stockholdings, Inc.), Term Loan Agreement (Root, Inc.)

Sanctions and Anti-Corruption Laws. (a) The Borrower will not, and will not permit any Subsidiary or Unrestricted Subsidiary to, request any Loan or Letter of Credit or, directly or indirectly, use the proceeds of any Loan and/or any Letter of Credit, or lendlend , contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person (i) to fund, any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is , or whose government is, the subject of Sanctions, or (ii) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the transaction, whether as an Arranger, the Administrative Agent, any Lender or the Issuing Bank or otherwise).

Appears in 2 contracts

Samples: Credit Agreement (Tengasco Inc), Credit Agreement (Riley Exploration - Permian, LLC)

Sanctions and Anti-Corruption Laws. (a) The Borrower will not, and will not permit any Subsidiary or Unrestricted Subsidiary Credit Party to, request any Loan or Letter of Credit or, directly or indirectly, use the proceeds of any Loan and/or or any Letter of Credit, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person (i) to fund, fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is is, or whose government is, the subject of Sanctions, or (ii) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the transactionLoans, whether as an Arranger, the Administrative Agent, any Lender or the Issuing Bank (including a Swingline Lender), any Fronting Lender, underwriter, advisor, investor or otherwise), or (iii) in furtherance of an offer, payment, promise to pay or authorization of the payment or giving of money or anything else of value to any Person in violation of applicable Anti-Corruption Laws.

Appears in 2 contracts

Samples: Credit and Security Agreement, Credit and Security Agreement (Kratos Defense & Security Solutions, Inc.)

AutoNDA by SimpleDocs

Sanctions and Anti-Corruption Laws. (a) The Borrower will not, and will not permit any Subsidiary or Unrestricted Subsidiary to, request any Loan or Letter of Credit or, directly or indirectly, use the proceeds of any Loan and/or or any Letter of Credit, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person (i) to fund, fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is , or whose government is, the subject of Sanctions, or (ii) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the transactionLoans or Letters of Credit, whether as an Arranger, the Administrative Agent, any Lender or Lender, the Issuing Bank Bank, underwriter, advisor, investor or otherwise), or (iii) in furtherance of an offer, payment, promise to pay or authorization of the payment or giving of money or anything else of value to any Person in violation of applicable Anti-Corruption Laws.

Appears in 1 contract

Samples: Credit Agreement (Ring Energy, Inc.)

Sanctions and Anti-Corruption Laws. (a) The Borrower will not, and will not permit any Subsidiary or Unrestricted Subsidiary to, request any Loan or Letter of Credit or, directly or indirectly, use the proceeds of any Loan and/or or any Letter of Credit, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person (i) to fund, fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is , or whose government is, the subject of Sanctions, or (ii) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the transactionLoans or Letters of Credit, whether as an Arranger, the Administrative Agent, any Lender or the Lender, any Issuing Bank Bank, underwriter, advisor, investor or otherwise), or (iii) in furtherance of an offer, payment, promise to pay or authorization of the payment or giving of money or anything else of value to any Person in violation of applicable Anti-Corruption Laws.

Appears in 1 contract

Samples: Credit Agreement (Ring Energy, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.