Sanctions; Anti-Terrorism Laws. No Lessee Party shall, directly or indirectly, nor shall any Lessee Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any Funding, or lend, contribute or otherwise make available such proceeds to any Subsidiary, (i) to fund, finance or facilitate any activities of or business with any individual or entity, or in any Sanctioned Country, that, at the time of such funding, is the subject of Sanctions except (A) as otherwise permitted pursuant to a license granted by the Office of Foreign Assets Control of the U.S. Department of the Treasury or (B) otherwise to the extent permissible for a Person required to comply with Sanctions, or (ii) in any other manner that will result in a violation of Sanctions by any party hereto. No Lessee Party shall, directly or indirectly, nor shall any Lessee Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any Funding for any purpose which would breach any Anti-Terrorism Laws applicable to any Lessee Party or Subsidiary, including the United States Foreign Corrupt Practices Act of 1977, the Corruption of Foreign Public Officials Act (Canada), the UK Bribery Act 2010, and other similar anti-corruption legislation in any jurisdiction in which any Lessee Party or any of its Subsidiaries is located or is doing material business.
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Samples: Participation Agreement (Big Lots Inc), Participation Agreement (Big Lots Inc)
Sanctions; Anti-Terrorism Laws. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any FundingLoans, or lend, contribute or otherwise make available such proceeds to any Subsidiary, (i) to fund, finance or facilitate any activities of or business with any individual or entity, or in any Sanctioned Country, that, at the time of such funding, is the subject of Sanctions except (A) as otherwise permitted pursuant to a license granted by the Office of Foreign Assets Control of the U.S. Department of the Treasury or (B) otherwise to the extent permissible for a Person required to comply with Sanctions, or (ii) in any other manner that will result in a violation of Sanctions by any party hereto. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or 7860103.21 indirectly, use the Leased Property or the proceeds of any Funding Loans for any purpose which would breach any Anti-Terrorism Laws applicable to any Lessee Loan Party or Subsidiary, including the United States Foreign Corrupt Practices Act of 1977, the Corruption of Foreign Public Officials Act (Canada), the UK Bribery Act 2010, and other similar anti-corruption legislation in any jurisdiction in which any Lessee Loan Party or any of its Subsidiaries is located or is doing material business.
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Sanctions; Anti-Terrorism Laws. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any FundingLoans, or lend, contribute or otherwise make available such proceeds to any Subsidiary, (i) to fund, finance or facilitate any activities of or business with any individual or entity, or in any Sanctioned Country, that, at the time of such funding, is the subject of Sanctions except (A) as otherwise permitted pursuant to a license granted by the Office of Foreign Assets Control of the U.S. Department of the Treasury or (B) otherwise to the extent permissible for a Person required to comply with Sanctions, or (ii) in any other manner that will result in a violation of Sanctions by any party hereto. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any Funding Loans for any purpose which would breach any Anti-Terrorism Laws applicable to any Lessee Loan Party or Subsidiary, including the United States Foreign Corrupt Practices Act of 1977, the Corruption of Foreign Public Officials Act (Canada), the UK Bribery Act 2010, and other similar anti-corruption legislation in any jurisdiction in which any Lessee Loan Party or any of its Subsidiaries is located or is doing material business. SECTION 12.10 [Reserved] SECTION 12.11 [Reserved].
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Sanctions; Anti-Terrorism Laws. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any FundingLoans or Letters of Credit, or lend, contribute or otherwise make available such proceeds to any Subsidiary, (i) to fund, finance or facilitate any activities of or business with any individual or entity, or in any Sanctioned Country, that, at the time of such funding, is the subject of Sanctions except (A) as otherwise permitted pursuant to a license granted by the Office of Foreign Assets Control of the U.S. Department of the Treasury or (B) otherwise to the extent permissible for a Person required to comply with Sanctions, or (ii) in any other manner that will result in a violation of Sanctions by any party hereto. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any Funding Loans or Letters of Credit for any purpose which would breach any Anti-Terrorism Laws applicable to any Lessee Loan Party or Subsidiary, including the United States Foreign Corrupt Practices Act of 1977, the Corruption of Foreign Public Officials Act (Canada), the UK Bribery Act 2010Xxxxxxx Xxx 0000, and other similar anti-corruption legislation in any jurisdiction in which any Lessee Loan Party or any of its Subsidiaries is located or is doing material business.
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Sanctions; Anti-Terrorism Laws. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any FundingLoans or Letters of Credit, or lend, contribute or otherwise make available such proceeds to any Subsidiary, (i) to fund, finance or facilitate any activities of or business with any individual or entity, or in any Sanctioned Country, that, at the time of such funding, is the subject of Sanctions except (A) as otherwise permitted pursuant to a license granted by the Office of Foreign Assets Control of the U.S. Department of the Treasury or (B) otherwise to the extent permissible for a Person required to comply with Sanctions, or (ii) in any other manner that will result in a violation of Sanctions by any party hereto. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any Funding Loans or Letters of Credit for any purpose which would breach any Anti-Terrorism Laws applicable to any Lessee Loan Party or Subsidiary, including the United States Foreign Corrupt Practices Act of 1977, the Corruption of Foreign Public Officials Act (Canada), the UK Bribery Act 2010Xxxxxxx Xxx 0000, and other similar anti-corruption legislation in any jurisdiction in which any Lessee Loan Party or any of its Subsidiaries is located or is doing material business.. SECTION 6.10 [Reserved] SECTION 6.11 [Reserved] SECTION
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Sanctions; Anti-Terrorism Laws. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any FundingLoans or Letters of Credit, or lend, contribute or otherwise make available such proceeds to any Subsidiary, (i) to fund, finance or facilitate any activities of or business with any individual or entity, or in any Sanctioned Country, that, at the time of such funding, is the subject of Sanctions except (A) as otherwise permitted pursuant to a license granted by the Office of Foreign Assets Control of the U.S. Department of the Treasury or (B) otherwise to the extent permissible for a Person required to comply with Sanctions, or (ii) in any other manner that will result in a violation of Sanctions by any party hereto. No Lessee Loan Party shall, directly or indirectly, nor shall any Lessee Loan Party permit any Subsidiary to directly or indirectly, use the Leased Property or the proceeds of any Funding Loans or Letters of Credit for any purpose which would breach any Anti-Terrorism Laws applicable to any Lessee Loan Party or Subsidiary, including the United States Foreign Corrupt Practices Act of 1977, the Corruption of Foreign Public Officials Act (Canada), the UK Bribery Act 2010, and other similar antiAnti-corruption legislation in any jurisdiction in which any Lessee Party or any of its Subsidiaries is located or is doing material business.Corruption Laws in
Appears in 1 contract