Common use of Sanctions and other Anti-Terrorism Laws Clause in Contracts

Sanctions and other Anti-Terrorism Laws. No (a) Covered Entity or (x) any of its officers, directors or, to the knowledge of each Borrower, affiliates, consultants, brokers or agents acting on a Covered Entity’s behalf in connection with this Agreement, or (y) to the knowledge of each Borrower, any of its employees: (i) is a Sanctioned Person; (ii) directly, or indirectly through any third party, is engaged in any transactions or other dealings with or for the benefit of any Sanctioned Person or Sanctioned Jurisdiction, or any transactions or other dealings that otherwise are prohibited by any Ant-Terrorism Laws; (b)

Appears in 2 contracts

Samples: Loan and Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De)

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Sanctions and other Anti-Terrorism Laws. No (a) Covered Entity or (x) any of its officers, directors or, to the knowledge of each Borrower, affiliates, consultants, brokers or agents acting on a Covered Entity’s behalf in connection with this Agreement, or (y) to the knowledge of each Borrower, any of its employees: (i) is a Sanctioned Person; (ii) directly, or indirectly through any third party, is engaged in any transactions or other dealings with or for the benefit of any Sanctioned Person or Sanctioned Jurisdiction, or any transactions or other dealings that otherwise are prohibited by any Ant-Terrorism Laws; (b)) Collateral is Embargoed Property.

Appears in 2 contracts

Samples: Loan and Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De)

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Sanctions and other Anti-Terrorism Laws. No (a) Covered Entity or (x) any of its officers, directors or, to the knowledge of each BorrowerLoan Party, affiliates, consultants, brokers or agents acting on a Covered Entity’s behalf in connection with this Agreement, or (y) to the knowledge of each BorrowerLoan Party, any of its employees: (i) is a Sanctioned Person; (ii) directly, or indirectly through any third party, is engaged in any transactions or other dealings with or for the benefit of any Sanctioned Person or Sanctioned Jurisdiction, or any transactions or other dealings that otherwise are prohibited by any Ant-Terrorism Laws; (b)) Collateral is Embargoed Property.

Appears in 2 contracts

Samples: Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

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