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

Sanctions; Anti-Money Laundering Laws and Anti-Corruption Laws. Each of the Loan Parties shall comply with all applicable Sanctions and in all material respects with Anti-Money Laundering Laws and Anti-Corruption Laws and shall maintain all of the necessary Permits required pursuant to any applicable Sanctions, Anti-Money Laundering Laws and Anti-Corruption Laws in order for such Loan Party to continue the conduct of its business as currently conducted, and will maintain policies procedures, and internal controls designed to promote and achieve compliance with such applicable laws and with the terms and conditions of this Agreement.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (Team Inc), Credit Agreement (Team Inc), Term Loan Credit Agreement (Team Inc)

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