Common use of Sanctions Concerns Clause in Contracts

Sanctions Concerns. No Borrower, nor any Subsidiary of any Borrower, nor, to the knowledge of any Responsible Officer of any of the Borrowers and their respective Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is: (i) currently the subject or target of any Sanctions; (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets 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 so as to result in a violation of Sanctions.

Appears in 3 contracts

Samples: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement (Connecticut Light & Power Co), Credit Agreement

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Sanctions Concerns. No BorrowerNote Party, nor any Subsidiary of any BorrowerSubsidiary, nor, to the knowledge of any Responsible Officer of any of the Borrowers and their respective SubsidiariesNote Party, any director, officer, employee, agent, affiliate Affiliate or representative thereof, is an individual or entity that is, or is owned (at a 50% or greater level individually or in the aggregate) or controlled by any individual or entity that is: is (i) currently the subject or target of any Sanctions; , (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority; authority or (iii) located, organized or resident in a Designated Jurisdiction so as to result in a violation of SanctionsJurisdiction.

Appears in 3 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (OptiNose, Inc.), Note Purchase Agreement (OptiNose, Inc.)

Sanctions Concerns. No None of the Borrower, nor any Subsidiary of any Borrowerits Subsidiaries, nor, to the knowledge of any Responsible Officer of any of the Borrowers Borrower and their respective its Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is: is (i) currently the subject or target of any Sanctions; , (ii) included on OFAC’s List of Specially Designated Nationals, the Canadian Sanctions List, HMT’s Consolidated List of Financial Sanctions Targets and or the Investment Ban List, or any similar list enforced by any other relevant sanctions authority; authority or (iii) located, organized or resident in a Designated Jurisdiction so as to result in a violation of SanctionsJurisdiction.

Appears in 2 contracts

Samples: Revolving Credit Facility (Nordstrom Inc), Revolving Credit Facility (Nordstrom Inc)

Sanctions Concerns. No None of the Borrower, nor any Subsidiary of any Borrowerits Subsidiaries, nor, to the knowledge of any Responsible Officer of any of the Borrowers Borrower and their respective its Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is: is (i) currently the subject or target of any Sanctions; , (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority; authority or (iii) located, organized or resident in a Designated Jurisdiction so as to result in a violation of SanctionsJurisdiction.

Appears in 2 contracts

Samples: Revolving Credit Facility (Nordstrom Inc), Revolving Credit Facility (Nordstrom Inc)

Sanctions Concerns. No Borrower, Neither the Borrower nor any Subsidiary of any the Borrower, nor, to the knowledge of any Responsible Officer of any of the Borrowers Borrower and their respective its Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is: is (i) currently the subject or target of any Sanctions; , (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority; authority or (iii) located, organized or resident in a Designated Jurisdiction so as to result in a violation of Sanctions.

Appears in 2 contracts

Samples: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement (Connecticut Light & Power Co)

Sanctions Concerns. No BorrowerBorrower or Guarantor, nor any Subsidiary of any BorrowerSubsidiary, nor, to the knowledge of any Responsible Officer of any of the Borrowers Borrowers, the Guarantors and their respective Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual one or entity more individuals or entities that is: are (i) currently the subject or target of any Sanctions; , (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority; authority or (iii) located, organized or resident in a Designated Jurisdiction so as Jurisdiction. The Borrowers, Guarantors and their Subsidiaries have conducted their businesses in compliance with all applicable Sanctions and have instituted and maintained policies and procedures reasonably designed to result in a violation of promote and achieve compliance with such Sanctions.

Appears in 2 contracts

Samples: Credit Agreement (Unifirst Corp), Credit Agreement (Unifirst Corp)

Sanctions Concerns. No Borrower, nor any Subsidiary of any Borrower, nor, to the knowledge of any Responsible Officer of any of the Borrowers and their respective Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is: is (i) currently the subject or target of any Sanctions; , (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority; authority or (iii) located, organized or resident in a Designated Jurisdiction so as to result in a violation of Sanctions.

Appears in 2 contracts

Samples: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement (Connecticut Light & Power Co)

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Sanctions Concerns. No BorrowerBorrower or Guarantor, nor any Subsidiary of any BorrowerSubsidiary, nor, to the knowledge of any Responsible Officer of any of the Borrowers Borrowers, the Guarantors and their respective Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is: is (i) currently the subject or target of any Sanctions; , (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority; authority or (iii) located, organized or resident in a Designated Jurisdiction so as to result in a violation of SanctionsJurisdiction.

Appears in 1 contract

Samples: Credit Agreement (Unifirst Corp)

Sanctions Concerns. No BorrowerCredit Party, nor any Subsidiary of any BorrowerSubsidiary, nor, to the knowledge of any Responsible Officer of the Guarantor or any of the Borrowers and its Subsidiaries based on their respective Subsidiariesreasonable diligence, any director, officer, employee, agent, affiliate Affiliate or representative of any thereof, is an individual or entity that is, or is owned or controlled by any individual one or entity more individuals or entities that is: are (ia) currently the subject or target of any Sanctions; , (iib) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, List or any similar list enforced by any other relevant sanctions authority; authority or (iiic) located, organized or resident in a Designated Jurisdiction so as to result in a violation of SanctionsJurisdiction.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Ventas, Inc.)

Sanctions Concerns. No Borrower, Neither the Borrower nor any Subsidiary of any Borrowerits Subsidiaries, nor, to the knowledge of any Responsible Officer of any of the Borrowers Borrower and their respective its Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is: (i) currently the subject or target of any Sanctions; (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets 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 so as to result in a violation of Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Connecticut Light & Power Co)

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