Common use of Sanctions, Anti-Corruption Laws and USA Patriot Act Clause in Contracts

Sanctions, Anti-Corruption Laws and USA Patriot Act. The use of the proceeds of the Loans does not violate, and will not cause a violation by any person of, any Applicable Anti-Corruption Laws, Anti- Terrorism and Money Laundering Laws, or Sanctions, and none of the Obligors, the Sponsor or any of their respective Affiliates, nor, to the Knowledge of the Obligors, any of their respective directors, officers or employees, is: (i) the target of Sanctions administered by the United States, including by OFAC and by the US Department of State, the European Union, any EU member state, or His Majesty’s Treasury of the United Kingdom; (ii) a Person listed in any Sanctions-related list of sanctioned Persons maintained by the United States, including by OFAC and the U.S. Department of State, by the United Nations Security Council, the European Union, any EU member state, or the His Majesty’s Treasury of the United Kingdom; (iii) a Person located, organized or resident in a country, territory, or region that is, or whose government is, the target of Sanctions under OFAC or by the US Department of State, the European Union, any EU member state, or His Majesty’s Treasury or the United Kingdom (as of the date of this Agreement, Cuba, Iran, North Korea, Syria, the Crimea region of Ukraine, the so-called Donetsk People’s Republic and the so-called Luhansk People’s Republic, and the non- government controlled areas of Ukraine in the oblasts of Zaporizhzhia and Kherson); (iv) a Person owned or controlled by a Person or Persons, country, territory, or region in (i) through (iii) (each such person in (i) through (iv), a “Sanctioned Person”); or (v) the subject of any action or investigation by any Governmental Authority with respect to any actual or alleged violation of any Applicable Anti-Corruption Laws, Anti-Terrorism and Money Laundering Laws, or Sanctions. The Obligors and the Sponsor, and, to the Knowledge of the Obligors, their respective Affiliates, directors, officers and employees, are in material compliance with Applicable Anti-Corruption Laws, Anti-Terrorism and Money Laundering Laws, and Sanctions. The Obligors and the Sponsor and, to the Knowledge of the Obligors, their respective Affiliates have instituted and maintain policies and procedures reasonably designed to promote compliance with Applicable Anti- Corruption Laws, Anti-Terrorism and Money Laundering Laws, and Sanctions.

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

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Sanctions, Anti-Corruption Laws and USA Patriot Act. The use of the proceeds of the Loans does not violate, and will not cause a violation by any person of, any Applicable Anti-Corruption Laws, Anti- Anti-Terrorism and Money Laundering Laws, or Sanctions, and none of the Obligors, the Sponsor or any of their respective Affiliates, nor, to the Knowledge of the Obligors, any of their respective directors, officers or employees, is: (i) the target of Sanctions administered by the United States, including by OFAC and by the US Department of State, the European Union, any EU member state, or His Her Majesty’s Treasury of the United Kingdom; (ii) a Person listed in any Sanctions-related list of sanctioned Persons maintained by the United States, including by OFAC and the U.S. Department of State, by the United Nations Security Council, the European Union, any EU member state, or the His Her Majesty’s Treasury of the United Kingdom; (iii) a Person located, organized or resident in a country, territory, or region that is, or whose government is, the target of Sanctions under OFAC or by the US Department of State, the European Union, any EU member state, or His Her Majesty’s Treasury or the United Kingdom (as of Kingdom, , including, without limitation, currently the date of this AgreementCrimea region, Cuba, Iran, North Korea, and Syria, the Crimea region of Ukraine, the so-called Donetsk People’s Republic and the so-called Luhansk People’s Republic, and the non- government controlled areas of Ukraine in the oblasts of Zaporizhzhia and Kherson); (iv) a Person owned or controlled by a Person or PersonsPerson, country, territory, or region in (i) through (iii) (each such person in (i) through (iv), a “Sanctioned Person”); or (v) the subject of any action or investigation by any Governmental Authority with respect to any actual or alleged violation of any Applicable Anti-Corruption Laws, Anti-Terrorism and Money Laundering Laws, or Sanctions. The Obligors and the Sponsor, and, to the Knowledge of the Obligors, their respective Affiliates, directors, officers and employees, are in material compliance with Applicable Anti-Corruption Laws, Anti-Terrorism and Money Laundering Laws, and Sanctions. The Obligors and the Sponsor and, to the Knowledge of the Obligors, their respective Affiliates have instituted and maintain policies and procedures reasonably designed to promote compliance with Applicable Anti- Anti-Corruption Laws, Anti-Terrorism and Money Laundering Laws, and Sanctions.

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

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