Common use of Sanctions Concerns Clause in Contracts

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the Loan Parties and their Subsidiaries, any director or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Sanctions Concerns. No Neither the Loan PartyParties, nor any Subsidiary, nor, to the knowledge of the Loan Parties and their Subsidiaries, nor any director director, officer or representative employee thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or Nationals, HMT’s Consolidated List of Financial Sanctions TargetsTargets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority as applicable to the Borrower or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the Loan Parties and their SubsidiariesParties, any director director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or Nationals, HMT’s Consolidated List of Financial Sanctions TargetsTargets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Sanctions Concerns. No Neither the Loan PartyParties, nor any Subsidiary, nor, to the knowledge of the Loan Parties and their Subsidiaries, nor any director director, officer or representative employee thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or Nationals, HMT’s Consolidated List of Financial Sanctions TargetsTargets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority as applicable to the Borrower or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.