Sanctions Laws and Regulations and Anti-Corruption Laws Sample Clauses

Sanctions Laws and Regulations and Anti-Corruption Laws. (a) Each of the Parents, the Borrower and the Restricted Subsidiaries is in compliance, in all material respects, with the Sanctions Laws and Regulations and applicable anti-corruption laws (including, without limitation, the FCPA). No Borrowing or use of proceeds of any Borrowing will violate or result in the violation of any Sanctions Laws and Regulations applicable to any party hereto.
AutoNDA by SimpleDocs
Sanctions Laws and Regulations and Anti-Corruption Laws. (a) Each of the Loan Parties and their Subsidiaries is in compliance, in all material respects, with (i) applicable Sanctions Laws and Regulations and (ii) Anti-Corruption Laws, Applicable Canadian Regulations and AML Laws. No Borrowing or use of proceeds of any Borrowing or drawing under any Letter of Credit will fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is the subject of Sanctions Laws and Regulations or will violate or result in the violation of any Sanctions Laws and Regulations applicable to any party hereto.
Sanctions Laws and Regulations and Anti-Corruption Laws. (a) None of the Borrower, any Restricted Subsidiary or, to the knowledge of the Borrower or any Restricted Subsidiary, any director, officer, employee or agent thereof, is an individual or entity that is currently the target of any Sanctions Laws and Regulations. Neither the Borrower nor any Restricted Subsidiary is located, organized or resident in a Designated Jurisdiction. #98202018v27
Sanctions Laws and Regulations and Anti-Corruption Laws. (a) Each of Holdings and each of its Subsidiaries is in compliance, in all material respects, with the applicable Sanctions Laws and Regulations, the FCPA and any other applicable Anti-Corruption Laws and any other applicable Anti-Money Laundering Laws. No Borrowing or use of proceeds of any Borrowing or drawing under any Letter of Credit directly or, to the knowledge of the Borrower, indirectly, will violate or result in the violation of any Sanctions Laws and Regulations applicable to any party hereto. Neither the Borrower nor any Loan Party will repay any debt or obligation owed under this Agreement, in whole or in part, using any funds or moneys derived from transactions with any Sanctioned Person or in or involving any Sanctioned Jurisdiction.
Sanctions Laws and Regulations and Anti-Corruption Laws. (a) Each of the Parents, each Borrower and the Restricted Subsidiaries is in compliance, in all material respects, with the Sanctions Laws and Regulations and applicable anti-corruption laws (including, without limitation, the FCPA). No Borrowing or use of proceeds of any Borrowing will violate or result in the violation of any Sanctions Laws and Regulations applicable to any party hereto. (b) None of (I) the Borrowers or any other Loan Party or (II) a Restricted Subsidiary that is not a Loan Party or, to the knowledge of the Administrative Borrower, any director, manager, officer, agent or employee of any Parent, any Borrower or any of the Restricted Subsidiaries, in each case, is (i) a Person (or owned 50% or more by one or more Persons or under Control of a Person) on the list of “Specially Designated Nationals and Blocked Persons” or the target of the limitations or prohibitions under any Sanctions Laws and Regulations, or (ii) a Person located, organized, or resident in 120
Sanctions Laws and Regulations and Anti-Corruption Laws. (a) Each of the Parents, each Borrower and the Restricted Subsidiaries is in compliance, in all material respects, with the Sanctions Laws and Regulations and applicable anti- corruption laws (including, without limitation, the FCPA). No Borrowing or use of proceeds of any Borrowing will violate or result in the violation of any Sanctions Laws and Regulations applicable to any party hereto. (b) None of (I) the Borrowers or any other Loan Party or (II) a Restricted Subsidiary that is not a Loan Party or, to the knowledge of the Administrative Borrower, any director, manager, officer, agent or employee of any Parent, any Borrower or any of the Restricted Subsidiaries, in each case, is (i) a Person (or owned 50% or more by one or more Persons or under Control of a Person) on the list of “Specially Designated Nationals and Blocked Persons” or the target of the limitations or prohibitions under any Sanctions Laws and Regulations, or (ii) a Person located, organized, or resident in a country or territory that is the subject of comprehensive sanctions under Sanctions Laws and Regulations (currently, Crimea, Cuba, Iran, North Korea, Sudan and Syria). (c) No part of the proceeds of any Loan will be used for any improper payments, directly or, to the knowledge of the Administrative Borrower, indirectly, to any governmental official or employee, political party, official of a political party, candidate for political office, or any other party (if applicable) in order to obtain, retain or direct business or obtain any improper advantage, in violation of

Related to Sanctions Laws and Regulations and Anti-Corruption Laws

  • Sanctions and Anti-Corruption Laws (a) None of the Borrower or any of its Subsidiaries or any of their respective directors, officers, employees, agents or affiliates is a Sanctioned Person.

  • Sanctions; Anti-Corruption Laws The Borrower will maintain in effect policies and procedures designed to promote compliance by the Borrower, its Subsidiaries, and their respective directors, officers, employees, and agents with applicable Sanctions and with the FCPA and any other applicable anti-corruption laws.

  • Anti-Corruption Laws and Sanctions The Borrower has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrower, its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, and the Borrower, its Subsidiaries and their respective officers and employees and to the knowledge of the Borrower its directors and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects. None of (a) the Borrower, any Subsidiary or any of their respective directors, officers or employees, or (b) to the knowledge of the Borrower, any agent of the Borrower or any Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, is a Sanctioned Person. No Borrowing or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will violate any Anti-Corruption Law or applicable Sanctions.

  • Sanctions Laws and Regulations (a) The Borrower shall not, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

  • Anti-Corruption Laws; Sanctions Conduct its business in compliance in all material respects with the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010 and other applicable anti-corruption legislation in other jurisdictions and with all applicable Sanctions, and maintain policies and procedures designed to promote and achieve compliance with such laws and Sanctions.

  • Anti-Corruption Laws Conduct its business in compliance with the United States Foreign Corrupt Practices Act of 1977, the UK Xxxxxxx Xxx 0000 and other similar anti-corruption legislation in other jurisdictions and maintain policies and procedures designed to promote and achieve compliance with such laws.

Time is Money Join Law Insider Premium to draft better contracts faster.