Common use of Sanctions and Anti-Corruption Clause in Contracts

Sanctions and Anti-Corruption. 20.1.1 By entering into this Agreement, each Party, represents and covenants that: (a) it has not violated any Sanctions Laws applicable to it on or before the date of this Agreement; (b) in connection with the business conducted under this Agreement, it is, and will be, compliant with all Sanctions Laws applicable to it; (c) neither it, nor, to its knowledge, any director, officer, agent, employee of it is the subject of any Sanctions Laws and it is not owned or controlled, in whole or in part, directly or indirectly, by any party subject to any Sanctions Laws; (d) it shall comply with all Sanctions Laws; (e) it is not a Sanctions Restricted Person; and (f) it shall promptly notify the other Party in writing of any changes to any of the representations, covenants and undertakings made above; 20.1.2 Each Party shall ensure that all obligations under this Clause 20.1 are passed on to any third party that it or any of its Affiliates contracts or uses in its performance of this Agreement or that takes over any obligation, or part thereof. 20.1.3 In the event (i) a Party fails to comply with the provisions of this Clause 20.1, (ii) a Party becomes the subject of any Sanctions Laws or (iii) the performance by a Party of any obligation resulting from this Agreement is otherwise blocked by Sanctions Laws applicable to it, the other Party may terminate or suspend this Agreement with immediate effect and/or take any action as it deems necessary to assure that it remains in compliance with all applicable Sanctions Laws, without having any further obligation or liability of any kind towards the other Party or related Persons.

Sanctions and Anti-Corruption. 20.1.1 21.1.1 By entering into this Agreement, each Party, represents and covenants that: (a) it has not violated any Sanctions Laws applicable to it on or before the date of this Agreement; (b) in connection with the business conducted under this Agreement, it is, and will be, compliant with all Sanctions Laws applicable to it; (c) neither it, nor, to its knowledge, any director, officer, agent, employee of it is the subject of any Sanctions Laws and it is not owned or controlled, in whole or in part, directly or indirectly, by any party subject to any Sanctions Laws; (d) it shall comply with all Sanctions Laws; (e) it is not a Sanctions Restricted Person; and (f) it shall promptly notify the other Party in writing of any changes to any of the representations, covenants and undertakings made above; 20.1.2 21.1.2 Each Party shall ensure that all obligations under this Clause 20.1 21.1 are passed imposed on to any third party that it or any of its Affiliates contracts or uses in its performance of this Agreement or that takes over any obligation, or part thereof. 20.1.3 21.1.3 In the event event: (i) a Party fails to comply with the provisions of this Clause 20.1, 21.1; (ii) a Party becomes the subject of any Sanctions Laws Laws; or (iii) the performance by a Party of any obligation resulting from this Agreement is otherwise blocked by Sanctions Laws applicable to it, the other Party may terminate or suspend this Agreement with immediate effect and/or take any action as it deems necessary to assure that it remains in compliance with all applicable Sanctions Laws, without having any further obligation or liability of any kind towards the other Party or related Persons.

Sanctions and Anti-Corruption. 20.1.1 21.1.1 By entering into this Agreement, each Party, represents and covenants that: (a) it has not violated any Sanctions Laws applicable to it on or before the date of this Agreement; (b) in connection with the business conducted under this Agreement, it is, and will be, compliant with all Sanctions Laws applicable to it; (c) neither it, nor, to its knowledge, any director, officer, agent, employee of it is the subject of any Sanctions Laws and it is not owned or controlled, in whole or in part, directly or indirectly, by any party subject to any Sanctions Laws; (d) it shall comply with all Sanctions Laws; (e) it is not a Sanctions Restricted Person; and (f) it shall promptly notify the other Party in writing of any changes to any of the representations, covenants and undertakings made above; 20.1.2 21.1.2 Each Party shall ensure that all obligations under this Clause 20.1 21.1 are passed imposed on to any third party that it or any of its Affiliates contracts or uses in its performance of this Agreement or that takes over any obligation, or part thereof. 20.1.3 21.1.3 In the event (i) a Party fails to comply with the provisions of this Clause 20.121.1, (ii) a Party becomes the subject of any Sanctions Laws or (iii) the performance by a Party of any obligation resulting from this Agreement is otherwise blocked by Sanctions Laws applicable to it, the other Party may terminate or suspend this Agreement with immediate effect and/or take any action as it deems necessary to assure that it remains in compliance with all applicable Sanctions Laws, without having any further obligation or liability of any kind towards the other Party or related Persons.

Sanctions and Anti-Corruption. 20.1.1 ‌ 21.1.1 By entering into this Agreement, each Party, represents and covenants that: (a) it has not violated any Sanctions Laws applicable to it on or before the date of this Agreement; (b) in connection with the business conducted under this Agreement, it is, and will be, compliant with all Sanctions Laws applicable to it; (c) neither it, nor, to its knowledge, any director, officer, agent, employee of it is the subject of any Sanctions Laws and it is not owned or controlled, in whole or in part, directly or indirectly, by any party subject to any Sanctions Laws; (d) it shall comply with all Sanctions Laws; (e) it is not a Sanctions Restricted Person; and (f) it shall promptly notify the other Party in writing of any changes to any of the representations, covenants and undertakings made above; 20.1.2 21.1.2 Each Party shall ensure that all obligations under this Clause 20.1 21.1 are passed imposed on to any third party that it or any of its Affiliates contracts or uses in its performance of this Agreement or that takes over any obligation, or part thereof. 20.1.3 21.1.3 In the event event: (i) a Party fails to comply with the provisions of this Clause 20.1, 21.1; (ii) a Party becomes the subject of any Sanctions Laws Laws; or (iii) the performance by a Party of any obligation resulting from this Agreement is otherwise blocked by Sanctions Laws applicable to it, the other Party may terminate or suspend this Agreement with immediate effect and/or take any action as it deems necessary to assure that it remains in compliance with all applicable Sanctions Laws, without having any further obligation or liability of any kind towards the other Party or related Persons.