Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”). (ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or (B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise). (iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 14 contracts
Sources: Underwriting Agreement (Esperion Therapeutics, Inc.), Underwriting Agreement (Outlook Therapeutics, Inc.), Underwriting Agreement (PharmaCyte Biotech, Inc.)
Sanctions. (i) The Company represents that, neither the Company it nor any of its Subsidiaries Subsidiary (collectively, the “Entity”) ornor, any director, officer, employee, nor to the Entity’s knowledge, any agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Covered Person”) that is, or is owned or controlled by a Covered Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)administered by OFAC.
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Covered Person:
(A) to fund or facilitate any activities or business of or with any Covered Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Covered Person (including any Covered Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Covered Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 7 contracts
Sources: Capital on Demand Sales Agreement (HCW Biologics Inc.), Capital on Demand Sales Agreement (Unicycive Therapeutics, Inc.), Underwriting Agreement (Elicio Therapeutics, Inc.)
Sanctions. (i) The Company represents thatNone of the Company, neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, the “Entity”) or any director or officer thereof, or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the EntityCompany or any of its subsidiaries, is a government, individual, an individual or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person one or more Persons that is:
are: (A) the subject of any sanctions administered or enforced by the U.S. United States Government (including the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”and the United States Department of State), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
or (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country (including, without limitation, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, the non-government controlled areas of the Kherson and Zaporizhzhia regions of Ukraine or territory (including any other Covered Region of Ukraine identified pursuant to Executive Order 14065, Crimea, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
; (ii) The Entity represents and covenants that it the Company will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions; or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
; (iii) The Entity represents since April 24, 2019, the Company and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has each of its subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions; (iv) the Company and each of its subsidiaries and affiliates have instituted and maintained and will continue to maintain policies and procedures reasonably designed to promote and achieve compliance with Sanctions or is or was a Sanctioned Countryand with the representations and warranties contained herein.
Appears in 6 contracts
Sources: Sales Agreement (MICROSTRATEGY Inc), Sales Agreement (MICROSTRATEGY Inc), Sales Agreement (MICROSTRATEGY Inc)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelysubsidiaries nor, to the “Entity”) orknowledge of the Company, any director, officer, employee, agent, employee or affiliate or representative of the Entity, is a government, individual, Company or entity any of its subsidiaries (in this paragraph (tt), “Person”i) that is, or is controlled or 50% or more owned in the aggregate by or controlled by a Person is acting on behalf of, one or more individuals or entities that is:
(A) are currently the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s United States (including any administered or enforced by the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury, the U.S. Department of State or the Bureau of Industry and Security of the U.S. Department of Commerce), the United Nations Security Council, the European Union, a member state of the European Union (including sanctions administered or enforced by Her Majesty’s Treasury, Treasury of the United Kingdom) or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions” and such persons, “Sanctioned Persons” and each such person, a “Sanctioned Person”), nor
(Bii) is located, organized or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cubacollectively, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries” and each, a “Sanctioned Country”).
) or (iiiii) The Entity represents and covenants that it will notwill, directly or indirectly, use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund individual or facilitate any activities or business of or with any Person or entity in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will would result in a violation of any Sanctions by by, or could result in the imposition of Sanctions against, any Person individual or entity (including any Person individual or entity participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed . Neither the Company nor any of its subsidiaries has engaged in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any or for the benefit of a Sanctioned Person, or with or in a Sanctioned Country, in the preceding 5 years, nor does the Company or any country of its subsidiaries have any plans to engage in dealings or territorytransactions with or for the benefit of a Sanctioned Person, that at the time of the dealing or transaction is with or was the subject of Sanctions or is or was in a Sanctioned Country.
Appears in 6 contracts
Sources: Sales Agreement (ProQR Therapeutics N.V.), Sales Agreement (ProQR Therapeutics N.V.), Sales Agreement (ProQR Therapeutics N.V.)
Sanctions. (i) The Company represents that, neither the Company it nor any of its Subsidiaries Subsidiary (collectively, the “Entity”) ornor, any director, officer, employee, nor to the Entity’s knowledge, any agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Covered Person”) that is, or is owned or controlled by a Covered Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)administered by OFAC.
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Covered Person:
(A) to fund or facilitate any activities or business of or with any Covered Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Covered Person (including any Covered Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Covered Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 6 contracts
Sources: Capital on Demand Sales Agreement (Armata Pharmaceuticals, Inc.), Capital on Demand Sales Agreement (Galmed Pharmaceuticals Ltd.), Capital on Demand Sales Agreement (Galmed Pharmaceuticals Ltd.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)Control, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Burma/Myanmar, Cuba, Iran, North Korea, Sudan, Syria Sudan and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 5 contracts
Sources: Sales Agreement (Celator Pharmaceuticals Inc), Sales Agreement (Cyclacel Pharmaceuticals, Inc.), Sales Agreement (Rosetta Genomics Ltd.)
Sanctions. (ia) The Company represents that, neither the Company nor any of its Subsidiaries subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), an “PersonIndividual”) that is, or is owned or controlled by a Person an Individual that is:
(A) a. the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) b. located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(iib) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other PersonIndividual:
(A) a. to fund or facilitate any activities or business of or with any Person Individual or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) b. in any other manner that will result in a violation of Sanctions by any Person Individual (including any Person Individual participating in the offeringoffer and sale of the Shares, whether as underwriter, advisor, investor or otherwise).
(iiic) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, that for the past 5 five (5) years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any PersonIndividual, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 4 contracts
Sources: Common Stock Purchase Agreement (Gilead Sciences, Inc.), Common Stock Purchase Agreement (Gilead Sciences, Inc.), Common Stock Purchase Agreement (Gilead Sciences Inc)
Sanctions. (i) The Company represents that, neither the Company it nor any of its Subsidiaries Subsidiary (collectively, the “Entity”) ornor, any director, officer, employee, nor to the Entity’s knowledge, any agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Covered Person”) that is, or is owned or controlled by a Covered Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)administered by OFAC.
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Covered Person:
(A) to fund or facilitate any activities or business of or with any Covered Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Covered Person (including any Covered Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Covered Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 4 contracts
Sources: Capital on Demand Sales Agreement (New Horizon Aircraft Ltd.), Capital on Demand Sales Agreement (Virios Therapeutics, Inc.), Capital on Demand Sales Agreement (BioRestorative Therapies, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, nor any director, officer, employeeor, to the knowledge of the Company, agent, employee or affiliate or representative of the Entity, is a government, individual, Company or entity any of its Subsidiaries (in this paragraph (tt), “Person”i) that is, or is controlled or 50% or more owned in the aggregate by or controlled by a Person is acting on behalf of, one or more individuals or entities that is:
(A) are currently the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s United States (including any administered or enforced by the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury, the U.S. Department of State or the Bureau of Industry and Security of the U.S. Department of Commerce), the United Nations Security Council, the European Union, Her Majestyany member state of the European Union, HM’s Treasury, Treasury of the United Kingdom or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List authority in a jurisdiction in which the Company or other similar applicable legislation or rules its subsidiaries operate (as amended, collectively, “Sanctions” and such persons, “Sanctioned Persons” and each such person, a “Sanctioned Person”), nor
(Bii) is located, organized or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (including at the time of this Agreement, the Crimea, so-called Donetsk People’s Republic, Kherson, so-called Luhansk People’s Republic and Zaporizhzhia regions of Ukraine, Cuba, Iran, North KoreaKorea and Syria, Sudancollectively, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries” and each such country, a “Sanctioned Country”).
) or (iiiii) The Entity represents and covenants that it will notwill, directly or indirectly, use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund individual or facilitate any activities or business of or with any Person or entity in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will would result in a violation of any Sanctions by by, or would result in the imposition of Sanctions against, any Person individual or entity (including any Person individual or entity participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents . Neither the Company nor any of its Subsidiaries and covenants that, except as detailed has in the Registration Statement and the Prospectus, for the past 5 years, it has not last five years engaged in, is not now engaging in, and will not engage in, in any dealings or transactions with any or for the benefit of a Sanctioned Person, or with, for the benefit of, or in any country or territory, that at the time of the dealing or transaction is or was the subject a Sanctioned Country in violation of Sanctions nor does the Company or is any of its Subsidiaries have any plans to engage in dealings or was transactions with or for the benefit of a Sanctioned Person or with, for the benefit of, or in a Sanctioned Country. No action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company, or any of its Subsidiaries, with respect to Sanctions is pending or, to the best knowledge of the Company, threatened.
Appears in 4 contracts
Sources: Securities Purchase Agreement (GeoVax Labs, Inc.), Securities Purchase Agreement (Inmune Bio, Inc.), Securities Purchase Agreement (Cibus, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt)paragraph, “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now knowingly engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 4 contracts
Sources: Underwriting Agreement (Helius Medical Technologies, Inc.), Underwriting Agreement (Ondas Holdings Inc.), Underwriting Agreement (Helius Medical Technologies, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt( uu ), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 4 contracts
Sources: Underwriting Agreement (Phio Pharmaceuticals Corp.), Underwriting Agreement (Phio Pharmaceuticals Corp.), Underwriting Agreement (RXi Pharmaceuticals Corp)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 4 contracts
Sources: Underwriting Agreement (Navidea Biopharmaceuticals, Inc.), Underwriting Agreement (InspireMD, Inc.), Underwriting Agreement (InspireMD, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 4 contracts
Sources: Sales Agreement (Rezolve Ai PLC), Sales Agreement (Quince Therapeutics, Inc.), Sales Agreement (Eton Pharmaceuticals, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, nor any director or officer of the “Entity”) orCompany or its subsidiaries, nor, to the knowledge of the Company, any director, officer, employee, agent, affiliate employee or representative of the EntityCompany or its subsidiaries, affiliate or other person acting on behalf of the Company or its subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or target of any sanctions administered or enforced by the U.S. Department of Treasury’s government (including, without limitation, the Office of Foreign Assets Control (of the U.S. Treasury Department or the U.S. Department of State and including, without limitation, the designation as a “OFACspecially designated national” or “blocked person”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, Treasury or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) nor is the Company or any of its subsidiaries located, organized or resident in a country or territory that is the subject or the target of Sanctions that broadly prohibit dealings with that country or territory (including Sanctions, including, without limitation, Belarus, Burundi, the Central African Republic, Cuba, the Democratic Republic of the Congo, Iran, Libya, North Korea, SudanSomalia, Syria Sudan and the Crimea Region of the Ukraine) Darfur region and Zimbabwe (the each, a “Sanctioned CountriesCountry”).
(ii) The Entity represents ; and covenants that it the Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities of or business of or with any Person or in any country or territory person that, at the time of such funding or facilitation, is the subject or the target of Sanctions Sanctions, (ii) to fund or is a facilitate any activities of or business in any Sanctioned Country; or
Country or (Biii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for of Sanctions. For the past 5 five years, it has the Company and its subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or the target of Sanctions or is or was a with any Sanctioned Country.
Appears in 4 contracts
Sources: Underwriting Agreement (RedHill Biopharma Ltd.), Underwriting Agreement (RedHill Biopharma Ltd.), Underwriting Agreement (RedHill Biopharma Ltd.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) ornor, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five (5) years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 3 contracts
Sources: Sales Agreement (Satellogic Inc.), Sales Agreement (Satellogic Inc.), Sales Agreement (Satellogic Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, under the Special Economic Measures Act (Canada), or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, but not limited to, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringOffering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 3 contracts
Sources: Underwriting Agreement (VBI Vaccines Inc/Bc), Underwriting Agreement (VBI Vaccines Inc/Bc), Underwriting Agreement (VBI Vaccines Inc/Bc)
Sanctions. (i) The Company represents thatNone of Contango, neither the Company nor any of its Subsidiaries (collectivelyor, to the “Entity”) orknowledge of Contango, any director, officer, employee, agent, affiliate employee or representative Affiliate of the Entity, Contango or any of its Subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any applicable sanctions administered or enforced by the U.S. Department of Treasury’s Government (including, without limitation, the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) nor is Contango or any of its Subsidiaries located, organized organized, or resident in a country or territory that is the subject or target of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria Sanctions; and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Contango will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities of or business of or with any Person person, or in any country or territory territory, that, at the time of such funding or facilitationfunding, is the subject of Sanctions or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise) of Sanctions. Neither Contango nor any of its Subsidiaries nor, to the knowledge of Contango, any director, officer, agent, employee or Affiliate of Contango or any of its Subsidiaries, is a person that is, or is 50% or more owned or otherwise controlled by a person that is: (i) the subject of any Sanctions (a “Sanctioned Person”).
; or (iiiii) The Entity represents and covenants thatlocated, except as detailed organized or resident in a country or territory that is, or whose government is, the Registration Statement subject of Sanctions that broadly prohibit dealings with that country or territory (currently, Cuba, Iran, North Korea, Sudan, Venezuela, Syria and the ProspectusCrimea region of Ukraine claimed by Russia) (collectively, for the past 5 years“Sanctioned Countries” and each, it a “Sanctioned Country”). Except as has not engaged in, been disclosed to each Purchaser or is not now engaging inmaterial to the analysis under any Sanctions, and will not engage in, neither Contango nor any of its Subsidiaries has engaged in any dealings or transactions with any or for the benefit of a Sanctioned Person, or with or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country, in the preceding five (5) years, nor does Contango or any of its Subsidiaries have any plans to increase its dealings or transactions with Sanctioned Persons, or with or in Sanctioned Countries.
Appears in 3 contracts
Sources: Purchase Agreement (Contango Oil & Gas Co), Purchase Agreement (Contango Oil & Gas Co), Purchase Agreement (Contango Oil & Gas Co)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttpp), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now knowingly engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 3 contracts
Sources: Underwriting Agreement (Pacific Biosciences of California, Inc.), Underwriting Agreement (Pacific Biosciences of California, Inc.), Underwriting Agreement (Pacific Biosciences of California, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 3 contracts
Sources: Sales Agreement (Rubicon Technologies, Inc.), Sales Agreement (Rubicon Technologies, Inc.), Sales Agreement (Ocean Power Technologies, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 3 contracts
Sources: Underwriting Agreement (Transenterix, Inc.), Underwriting Agreement (Cellular Biomedicine Group, Inc.), Underwriting Agreement (Cassava Sciences Inc)
Sanctions. Neither the CUSTOMER, nor (iin the case of legal persons) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any director, officermanager, employee, agent, affiliate or representative of the Entityas well as, any other person acting in its name, is a government, individual, an individual or entity legal person (in this paragraph (tt"Person"), “Person”) that is, or nor it is owned held or controlled by a Person Persons, that is:
(Aa) are included in restrictive laws, regulations, guidelines, resolutions, programmes or measures with regard to international economic -financial sanctions imposed by the subject United Nations, European Union or any of any sanctions administered or enforced by its member coun tries, the Kingdom of Spain and/or the U.S. Department of the Treasury’s 's Office of Foreign Assets Control (“"OFAC”") or any other that may be applicable ("Sanctions"), the United Nations Security Council(ii) are partly or wholly owned or controlled by a Sanctioned Person, the European Union(iii) is acting either directly or indirectly for or on behalf of a Person, Her Majesty’s Treasury(iv) is established, located or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List has its operational or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident legal head office in a country or territory whose government is subject to Sanctions, and (v) does not have business relations or carry out operations with clients from countries, territories or jurisdictions considered to be risky, or which entail funds being transferred to or from such countries, territories or jurisdictions that is the are subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) to Sanctions. The Entity represents and covenants that it CUSTOMER will not, not directly or indirectly, use indirectly apply the proceeds of funds originating under this Contractor in any other way put such funds at the offeringdisposal, or lendreceive, contribute these funds to or otherwise make available such proceeds to from any subsidiary, joint venture partner subsidiary or other Person:
Person for the purposes of: (Ai) to fund financing any activity or facilitate any activities or business of busi ness by or with any Person or Person, in any country territory or territory thatcountry, who, or whose government, is subject to such Sanctions, at the time of such funding using the funds or facilitation, is the subject of Sanctions product contracted; or is a Sanctioned Country; or
(Bii) in any other manner that will would result in a violation breach of such Sanctions by any Person (including Person. In the event of any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions non-compliance with any Person, or in any country or territory, that at the time of the dealing or transaction is or was representations set forth in this clause, CAIXABANK will be unable to provide the subject of Sanctions or is or was a Sanctioned Countryservice contemplated in this Contract and reserves the right to terminate this contract in accordance with the terms and cond itions set forth herein.
Appears in 3 contracts
Sources: Discretionary and Individualised Investment Portfolio Management Contract, Discretionary and Individualised Investment Portfolio Management Contract, Discretionary and Individualised Investment Portfolio Management Contract
Sanctions. (i) The Company represents that, that neither the Company nor any of its Subsidiaries (collectively, the “Entity”) oror to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country, except as authorized under applicable Sanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions prohibiting such dealing or transaction or is or was a Sanctioned Country.
Appears in 3 contracts
Sources: At Market Issuance Sales Agreement (CareCloud, Inc.), Sales Agreement (CareCloud, Inc.), Sales Agreement (CareCloud, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelySubsidiaries, the “Entity”) or, nor any director, officer, employee, agent, affiliate or representative other person associated with or acting on behalf of the Entity, is a government, individual, Company or entity (in this paragraph (tt), “Person”) that any of its Subsidiaries or affiliates is, or is directly or indirectly owned or controlled by by, a Person that is:
(A) is currently the subject or the target of any sanctions administered or enforced by the U.S. Department of Treasury’s government (including, without limitation, the Office of Foreign Assets Control (of the U.S. Department of the Treasury or the U.S. Departments of State or Commerce and including, without limitation, the designation as a “OFACSpecially Designated National” or on the “Sectoral Sanctions Identifications List”, collectively “Blocked Persons”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, Treasury or any other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “SanctionsSanctions Laws”); neither the Company, nor
(B) any of its Subsidiaries, nor any director, officer, employee, agent, affiliate or other person associated with or acting on behalf of the Company or any of its Subsidiaries or affiliates, is located, organized or resident in a country or territory that is the subject or target of a comprehensive embargo or Sanctions that broadly prohibit dealings Laws prohibiting trade with that the country or territory (including territory, including, without limitation, Crimea, Cuba, Iran, North Korea, SudanSudan and Syria (each, Syria a “Sanctioned Country”); the Company maintains in effect and enforces policies and procedures designed to ensure compliance by the Company and its Subsidiaries with applicable Sanctions Laws; neither the Company, any of its Subsidiaries, nor any director, officer, employee, agent, affiliate or other person associated with or acting on behalf of the Company or any of its Subsidiaries or affiliates, acting in any capacity in connection with the operations of the Company, conducts any business with or for the benefit of any Blocked Person or engages in making or receiving any contribution of funds, goods or services to, from or for the benefit of any Blocked Person, or deals in, or otherwise engages in any transaction relating to, any property or interests in property blocked or subject to blocking pursuant to any applicable Sanctions Laws; no action of the Company or any of its Subsidiaries in connection with (i) the execution, delivery and performance of this Agreement and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
other Transaction Documents, (ii) The Entity represents the issuance and covenants that it sale of the Securities, or (iii) the direct or indirect use of proceeds from the Securities or the consummation of any other transaction contemplated hereby or by the other Transaction Documents or the fulfillment of the terms hereof or thereof, will notresult in the proceeds of the transactions contemplated hereby and by the other Transaction Documents being used, or loaned, contributed or otherwise made available, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, joint venture partner or other Person:
person or entity, for the purpose of (Ai) to fund unlawfully funding or facilitate facilitating any activities of or business of or with any Person or in any country or territory person that, at the time of such funding or facilitation, is the subject or target of Sanctions Laws, (ii) unlawfully funding or is a facilitating any activities of or business in any Sanctioned Country; or
Country or (Biii) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for of Sanctions Laws. For the past 5 five years, it has the Company and its Subsidiaries have not knowingly engaged in, is in and are not now engaging in, and will not engage in, knowingly engaged in any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or the target of Sanctions Laws or is or was a with any Sanctioned Country.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Medicine Man Technologies, Inc.), Securities Purchase Agreement (Medicine Man Technologies, Inc.), Securities Purchase Agreement (Medicine Man Technologies, Inc.)
Sanctions. (i) The Company represents thatNone of the Company, neither the Company nor any of its Subsidiaries (collectivelySubsidiaries, the “Entity”) or any director or officer thereof, or, to the Company's knowledge, any director, officer, employee, agent, affiliate affiliate, employee or other representative of the EntityCompany or any of its Subsidiaries, is a government, individual, or entity (in this paragraph (tt), “Person”) Person that is, or is owned or controlled by a Person one or more Persons that is:
are: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s 's Office of Foreign Assets Control (“OFAC”), the U.S. Department of State, the United Nations Security CouncilCouncil (“UNSC”), the European UnionUnion (“EU”) (including under Council Regulation (EC) No. 194/2008), Her Majesty’s Treasury's Treasury (“HMT”), the State Secretariat for Economic Affairs, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”),or engaged in any activities sanctionable under the Comprehensive Iran Sanctions”), nor
Accountability, and Divestment Act of 2010, the Iran Sanctions Act, the Iran Threat Reduction and Syria Human Rights Act, or any applicable executive order, or (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Crimea, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
(ii) The Entity represents and covenants that it Company will not, directly or indirectly, use the proceeds of the offeringoffering received by the Company, or lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, Affiliate, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions; or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for For the past 5 five (5) years, it has the Company and its Subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 3 contracts
Sources: Convertible Note Purchase Agreement (Lotus Technology Inc.), Convertible Note Purchase Agreement (Lotus Technology Inc.), Convertible Note Purchase Agreement (Lotus Technology Inc.)
Sanctions. (i) The Company represents that, neither 16.1 None of the Company Group Companies nor any of its Subsidiaries (collectivelytheir respective directors, officers, employees, Affiliates, nor to the “Entity”) orCompany’s knowledge, agents, representatives or any director, officer, employee, agent, affiliate or representative of the Entityperson acting on their behalf, is a government, individual, the subject or entity (in this paragraph (tt), “Person”) that istarget of, or is owned or controlled by a Person an individual or entity that is:
(A) is the subject of any or target of, sanctions administered or enforced imposed by the U.S. Department of Treasury’s Office of Foreign Assets Control United States (including sanctions programs administered by the OFAC (including, without limitation, the designation as a “OFAC”specially designated national or blocked person” thereunder)), the United Nations Security Council, the European Union, Union or Her Majesty’s Treasury, Treasury or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules jurisdiction (as amended, collectively, the “SanctionsSanctions Laws and Regulations”), nor
(B) nor are any of the Group Companies nor any of their respective directors, officers, employees, Affiliates, nor to the Company’s knowledge, agents, representatives or any person acting on their behalf located, organized resident, organised or resident operating in a country or territory that is the subject of such Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria Laws and Regulations.
16.2 The Company will use the Crimea Region proceeds of the Ukraine) (Share Offer exclusively in the manner set forth in the section headed “Sanctioned Countries”).
(ii) The Entity represents Business, Reasons for the Share Offer and covenants that it Use of Proceeds” in the Hong Kong Prospectus, and will not, directly or indirectly, or in any way, use the proceeds of the offeringproceeds, or lend, contribute or otherwise make available such proceeds to any subsidiary, Affiliate, joint venture partner or other Person:
(A) to fund individual or facilitate entity, for the purpose of financing or facilitating any activities or business of or with any Person individual or in any country or territory entity that, at the time of such funding or facilitation, is the subject or target of sanctions imposed under the Sanctions Laws and Regulations, or operating in any country or territory that is a Sanctioned Country; or
(B) the subject or target of any Sanctions Laws and Regulations where such operations are in violation of such Sanctions Laws and Regulations, or in any other manner that will result in a violation of Sanctions by any Person individual or entity (including including, without limitation, by the Underwriters) of any Person participating in of the offering, whether as underwriter, advisor, investor or otherwise)Sanctions Laws and Regulations.
(iii) The Entity represents 16.3 None of the issue and covenants thatsale of the Offer Shares, except as detailed in the Registration Statement execution, delivery and performance of this Agreement or the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any PersonInternational Underwriting Agreement, or the consummation of any other transaction contemplated hereby or thereby will result in a violation (including, without limitation, by any country or territory, that at the time of the dealing or transaction is or was Underwriters) of any of the subject of Sanctions or is or was a Sanctioned CountryLaws and Regulations.
Appears in 3 contracts
Sources: International Underwriting Agreement (Kanzhun LTD), Hong Kong Underwriting Agreement (Kanzhun LTD), Hong Kong Underwriting Agreement
Sanctions. (i) The Company represents that, neither None of the Company nor or any of its the Subsidiaries (collectivelynor, to the “Entity”) orknowledge of the Company, any director, officer, employee, agent, employee or affiliate or representative of the Entity, Company or any of the Subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any sanctions administered or enforced by the U.S. Department of Treasury’s Government, including, without limitation, the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”), or the United Nations Security CouncilU.S. Department of State and including, without limitation, the designation as a “specially designated national” or “blocked person,” the European Union, Her Majesty’s Treasury, the United Nations Security Council, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) nor is the Company or any of the Subsidiaries located, organized or resident in a country or territory that is the subject or target of Sanctions that broadly prohibit dealings (including, without limitation, the so-called Donetsk People’s Republic and so-called Luhansk People’s Republic or any other regions of Ukraine as may be identified by the Secretary of the Treasury, in consultation with that country or territory (including the Secretary of State, pursuant to Executive Order 14065, Crimea, Cuba, Iran, North KoreaKorea and Syria), Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities of or business of or with any Person person, or in any country or territory territory, that, at the time of such funding or facilitationfunding, is the subject or the target of Sanctions or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents of Sanctions; and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five years, it has the Company and the Subsidiaries have not knowingly engaged in, is in and are not now engaging in, and will not engage in, knowingly engaged in any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or target of Sanctions or is or was a Sanctioned Countrywith any sanctioned country.
Appears in 3 contracts
Sources: Securities Purchase Agreement (ImmunityBio, Inc.), Securities Purchase Agreement (ImmunityBio, Inc.), Securities Purchase Agreement (ImmunityBio, Inc.)
Sanctions. (i) The Company represents thatExcept as disclosed in the Statutory Prospectus and the Prospectus, neither none of the Company nor any of its Subsidiaries (collectively, or the “Entity”) Sponsor or, to the knowledge of the Company, any director, director nominee or officer of the Company or any director, officer, employee, agent, employee or affiliate or representative of the EntityCompany or any agent, is a government, individual, employee or entity affiliate of the Sponsor (in this paragraph (tt), “Person”i) that is, or is controlled or 50% or more owned in the aggregate by or controlled by a Person is acting on behalf of, one or more individuals or entities that is:
(A) are currently the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s United States (including any administered or enforced by the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury, the U.S. Department of State, or the Bureau of Industry and Security of the U.S. Department of Commerce), the United Nations Security Council, the European Union, Her Majesty’s Treasurya member state of the European Union, the United Kingdom or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions” and such persons, “Sanctioned Persons” and each such person, a “Sanctioned Person”), nor
(Bii) is located, organized or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, currently, the Crimea region, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the UkraineVenezuela) (the collectively, “Sanctioned Countries” and each, a “Sanctioned Country”) or (iii) will (either directly or through the Trust Account).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringOffering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Aa) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions, if such funding or is facilitation would be prohibited as to a Sanctioned Country; or
person required to comply with such Sanctions, or (Bb) in any other manner that will would result in a violation of any Sanctions by by, or could result in the imposition of Sanctions against, any Person individual or entity (including any Person individual or entity participating in the offeringOffering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that. In the preceding three years, except as detailed in has been disclosed to the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, Underwriters or is not now engaging inmaterial to the analysis under any Sanctions, and will not engage in, neither the Company nor the Sponsor has engaged in any dealings or transactions with any or for the benefit of a Sanctioned Person, or with or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 3 contracts
Sources: Underwriting Agreement (Emerging Markets Horizon Corp.), Underwriting Agreement (Emerging Markets Horizon Corp.), Underwriting Agreement (Emerging Markets Horizon Corp.)
Sanctions. (i) The Company represents that, neither the Company it nor any of its Subsidiaries Subsidiary (collectively, the “Entity”) ornor, any director, officer, employee, nor to the Entity’s knowledge, any agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Covered Person”) that is, or is owned or controlled by a Covered Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)administered by OFAC.
(ii) The Entity Company represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Covered Person:
(A) to fund or facilitate any activities or business of or with any Covered Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Covered Person (including any Covered Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity Company represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, neither it has not or any Entity knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Covered Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 3 contracts
Sources: Sales Agreement (Erayak Power Solution Group Inc.), Sales Agreement (Erayak Power Solution Group Inc.), Capital on Demand Sales Agreement (Unusual Machines, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, nor any director, officer, employeeor, to the knowledge of the Company, agent, employee or affiliate or representative of the Entity, is a government, individual, Company or entity any of its Subsidiaries (in this paragraph (tt), “Person”i) that is, or is controlled or 50% or more owned in the aggregate by or controlled by a Person is acting on behalf of, one or more individuals or entities that is:
(A) are currently the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s United States (including any administered or enforced by the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury, the U.S. Department of State or the Bureau of Industry and Security of the U.S. Department of Commerce), the United Nations Security Council, the European Union, Her any member state of the European Union, His Majesty’s Treasury, Treasury of the United Kingdom or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List authority in a jurisdiction in which the Company or other similar applicable legislation or rules its subsidiaries operate (as amended, collectively, “Sanctions” and such persons, “Sanctioned Persons” and each such person, a “Sanctioned Person”), nor
(Bii) is located, organized or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (including at the time of this Agreement, the Crimea, so-called Donetsk People’s Republic, Kherson, so-called Luhansk People’s Republic and Zaporizhzhia regions of Ukraine, Cuba, Iran, North KoreaKorea and Syria, Sudancollectively, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries” and each such country, a “Sanctioned Country”).
) or (iiiii) The Entity represents and covenants that it will notwill, directly or indirectly, use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund individual or facilitate any activities or business of or with any Person or entity in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will would result in a violation of any Sanctions by by, or would result in the imposition of Sanctions against, any Person individual or entity (including any Person individual or entity participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents . Neither the Company nor any of its Subsidiaries and covenants that, except as detailed has in the Registration Statement and the Prospectus, for the past 5 years, it has not last five years engaged in, is not now engaging in, and will not engage in, in any dealings or transactions with any or for the benefit of a Sanctioned Person, or with, for the benefit of, or in any country or territory, that at the time of the dealing or transaction is or was the subject a Sanctioned Country in violation of Sanctions nor does the Company or is any of its Subsidiaries have any plans to engage in dealings or was transactions with or for the benefit of a Sanctioned Person or with, for the benefit of, or in a Sanctioned Country. No action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company, or any of its Subsidiaries, with respect to Sanctions is pending or, to the best knowledge of the Company, threatened.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Inmune Bio, Inc.), Securities Purchase Agreement (Cibus, Inc.), Securities Purchase Agreement (Cibus, Inc.)
Sanctions. (i) The Company represents that, neither the Company Issuer nor any member of its Subsidiaries (collectively, the “Entity”) or, Group nor any director, officer, employeeor employee of, nor, to the best of the knowledge of the Issuer (after due and careful enquiry), any agent, affiliate of or representative other person acting on behalf of the Entity, Issuer or any member of the Group:
(i) is a government, individual, an individual or entity (in this paragraph (tt), a “Person”) that is, or is owned or controlled by a Person that is:
(A) the currently subject of to any U.S. sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”)) or the U.S. Government (including but not limited to the designation as a “specially designated national” or “blocked person” thereunder) or any sanctions or requirements imposed by, or based upon the obligations or authorisations set forth in, the U.S. Trading With The Enemy Act, the U.S. International Emergency Economic Powers Act, the U.S. United Nations Participation Act, the Iran Sanctions Act, the Comprehensive Iran Sanctions Accountability and Divestment Act and Section 1245 of the National Defense Authorization Act for Fiscal Year 2012, the U.S. Syria Accountability and Lebanese Sovereignty Act, or the Iran Threat Reduction and Syria Human Rights Act of 2012, all as amended, or any Executive Orders issued in relation to the imposition of sanctions, or any sanctions or measures imposed by the United Nations Security Council, the European Union, Union or Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules Treasury (as amended, “HMT”) (collectively, the “Sanctions”), nor;
(Bii) is located, organized organised or resident operating in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).Sanctions;
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, has for the past 5 years, it has not five years engaged in, and is not now engaging in, and will not engage in, engaged in any dealings or transactions with any Persongovernment, person, entity or project targeted by, or located in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions;
(iv) is or has been in violation of or subject to an investigation relating to any Sanctions; and neither the Issuer, the Guarantor nor any member of the Group will directly or indirectly use the proceeds of the offering of the Bonds hereunder, or lend, contribute or otherwise make available all or part of such proceeds to any subsidiary, joint venture partner or other Person, for the purpose of financing the activities of or business with any Person currently subject to any Sanctions or operating in any country or territory that is the subject of Sanctions where such operations are in violation of such Sanctions or was in any other manner that would result in a Sanctioned Country.violation by any Person (including any Person participating in the offering, whether as underwriter, adviser, investor or otherwise) of Sanctions;
Appears in 3 contracts
Sources: Subscription Agreement (Semiconductor Manufacturing International Corp), Subscription Agreement, Subscription Agreement (Datang Telecom Technology & Industry Holdings LTD)
Sanctions. (i) The Company represents thatNone of Contango, neither the Company nor any of its Subsidiaries (collectivelyor, to the “Entity”) orknowledge of Contango, any director, officer, employee, agent, affiliate employee or representative Affiliate of the Entity, Contango or any of its Subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any applicable sanctions administered or enforced by the U.S. Department of Treasury’s Government (including, without limitation, the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) nor is Contango or any of its Subsidiaries located, organized organized, or resident in a country or territory that is the subject or target of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria Sanctions; and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Contango will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities of or business of or with any Person person, or in any country or territory territory, that, at the time of such funding or facilitationfunding, is the subject of Sanctions or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise) of Sanctions. Neither Contango nor any of its Subsidiaries nor, to the knowledge of Contango, any director, officer, agent, employee or Affiliate of Contango or any of its Subsidiaries, is a person that is, or is 50% or more owned or otherwise controlled by a person that is: (i) the subject of any Sanctions (a “Sanctioned Person”).
; or (iiiii) The Entity represents and covenants thatlocated, except as detailed organized or a resident in a country or territory that is, or whose government is, the Registration Statement subject of Sanctions that broadly prohibit dealings with that country or territory (currently, Cuba, Iran, North Korea, Venezuela, Syria and the ProspectusCrimea region of Ukraine claimed by Russia) (collectively, for the past 5 years“Sanctioned Countries” and each, it a “Sanctioned Country”). Except as has not engaged in, been disclosed to each Purchaser or is not now engaging inmaterial to the analysis under any Sanctions, and will not engage in, neither Contango nor any of its Subsidiaries has engaged in any dealings or transactions with any or for the benefit of a Sanctioned Person, or with or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country, in the preceding five (5) years, nor does Contango or any of its Subsidiaries have any plans to increase its dealings or transactions with Sanctioned Persons, or with or in Sanctioned Countries.
Appears in 2 contracts
Sources: Purchase Agreement (Contango Oil & Gas Co), Purchase Agreement (Contango Oil & Gas Co)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Sales Agreement (Ideanomics, Inc.), Sales Agreement (Asensus Surgical, Inc.)
Sanctions. (a) Each member of the Group must ensure that:
(i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any director, officer, employee, agent, affiliate or representative of the Entity, it is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) not the subject of any sanctions administered Sanctions;
(ii) it is not located, organised or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasuryresiding in any Designated Jurisdiction, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List participating in or other similar applicable legislation facilitating a transaction or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident business in a country or territory that Designated Jurisdiction or, subject to paragraph (d) below, involving any person who is the subject of Sanctions that broadly prohibit dealings with that country Sanctions; and
(iii) subject to paragraph (d) below, on the date of this Agreement, none of its directors, officers, agents, employees or territory affiliates (including Cubaas defined in Rule 405 under the U.S. Securities Act of 1933, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraineas amended) (a relevant person) are the “Sanctioned Countries”)subject of any Sanctions.
(iib) The Entity represents and covenants that it will not, No member of the Group shall directly or indirectly, indirectly use the proceeds of the offeringFacility, or lend, contribute or otherwise make available such proceeds to any subsidiaryother person or entity, joint venture partner or other Person:
(A) to fund or facilitate for the purpose of financing the activities of any activities or business of or with any Person or in any country or territory person that, at the time of such funding or facilitationfinancing, is the subject of Sanctions any Sanctions, or in any Designated Jurisdiction.
(c) Without prejudice to paragraph (b) above, none of the funds or assets of the Company that are used to pay any amount due pursuant to this Agreement shall constitute funds knowingly obtained from transactions with or relating to Designated Persons or Designated Jurisdictions.
(d) The Company will not be in breach of:
(i) the relevant part of subparagraph (a)(ii) above, if the relevant member of the Group does not have knowledge that the relevant person is a Sanctioned Countrythe subject of Sanctions; or
(Bii) in any other manner subparagraph (a)(iii) above, if the relevant member of the Group does not have knowledge that will result in a violation the relevant person is the subject of Sanctions by any Person (including any Person participating in on the offering, whether as underwriter, advisor, investor or otherwise)date of this Agreement.
(iiie) The Entity represents and covenants Each member of the Group must ensure that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, :
(i) it has not engaged inin place customary procedures designed to identify if any of its directors, is not now engaging inofficers and agents, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing its engagement with or transaction appointment of such relevant person(s), is or was the subject of Sanctions any Sanctions; and
(ii) it will terminate its engagement with or is or was a Sanctioned Countryappointment of any of its relevant person(s) promptly upon any member of the Group having knowledge that such relevant person being the subject of any Sanctions.
Appears in 2 contracts
Sources: Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any directordirector or officer nor, officerto the Company’s knowledge, any employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules relevant sanctions authority (as amended, collectively, “Sanctions”), nor
(B) nor located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) . The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringoffering Securities, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(APerson(s) to fund or facilitate any activities or business of or with any Person Person, or in any country or territory that, at the time of such funding or facilitationfacilitations, is the subject of Sanctions or is a Sanctioned Country; or
(B) Country in any other a manner that will result in a the violation of Sanctions by any Person (including any Person participating in the offeringtransactions contemplated by this Agreement, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for . For the past 5 years, it has not engaged in, in is not now engaging in, and will not engage in, in any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Gorilla Technology Group Inc.), Securities Purchase Agreement (Gorilla Technology Group Inc.)
Sanctions. (i) The Company represents thatNone of the Company, neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, the “Entity”) or any director or officer thereof, or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the EntityCompany or any of its subsidiaries, is a government, individual, an individual or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person one or more Persons that is:
are: (A) the subject of any sanctions administered or enforced by the U.S. United States Government (including the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”and the United States Department of State), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
or (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, the Crimea Region of Ukraine, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
; (ii) The Entity represents and covenants that it the Company will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions; or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
; (iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five (5) years, it has the Company and each of its subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions; (iv) the Company and each of its subsidiaries and affiliates have instituted and maintained and will continue to maintain policies and procedures reasonably designed to promote and achieve compliance with Sanctions or is or was a Sanctioned Countryand with the representations and warranties contained herein.
Appears in 2 contracts
Sources: Sales Agreement (MICROSTRATEGY Inc), Sales Agreement (MICROSTRATEGY Inc)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any director, officer, or employee, or to the Company’s Knowledge, any agent, affiliate or representative acting on behalf of the Entity, is a government, individual, or entity (in this paragraph (tt)Section, “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including currently, Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of the UkraineUkraine and the so-called Donetsk People’s Republic and the so-called Luhansk People’s Republic) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions prohibiting such funding or facilitation or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, that for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions prohibiting such dealings or transactions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Outlook Therapeutics, Inc.), Securities Purchase Agreement (Outlook Therapeutics, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, the “Entity”) or, nor any director, officerofficer or employee of the Company or any of its subsidiaries nor, employeeto the knowledge of the Company, any agent, affiliate or representative other person associated with or acting on behalf of the Entity, Company or any of its subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”i) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any sanctions administered or enforced by the U.S. Department of Treasury’s Government, including, without limitation, the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”), or the U.S. Department of State and including, without limitation, the designation as a “specially designated national” or “blocked person,” the European Union, His Majesty’s Treasury, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(Bii) located, organized or resident in a country or territory that is the subject or target of comprehensive Sanctions that broadly prohibit dealings with that country or territory (including Cubaa “Sanctioned Jurisdiction”), Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any unlawful activities of or business of or with any Person or in any country or territory person that, at the time of such funding or facilitationfunding, is the subject or the target of Sanctions Sanctions, or in any country or territory, that, at the time of such funding, is a Sanctioned Country; or
Jurisdiction or (Bii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in of Sanctions; neither the Registration Statement and the Prospectus, for the past 5 years, it has not Company nor any of its subsidiaries is knowingly engaged in, is not now engaging inor has, and will not engage at any time in the past five years, knowingly engaged in, any dealings or transactions with or involving any Personindividual or entity that was or is, or in any country or territoryas applicable, that at the time of the such dealing or transaction is or was transaction, the subject or target of Sanctions or is with any country or territory that was or is, as applicable, at the time of such dealing or transaction, a Sanctioned CountryJurisdiction; the Company and its subsidiaries have instituted, and maintain, policies and procedures designed to promote and achieve continued compliance with Sanctions.
Appears in 2 contracts
Sources: Open Market Sale Agreement (Adicet Bio, Inc.), Underwriting Agreement (Adicet Bio, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelysubsidiaries nor any of their respective officers directors, or employees, nor, to the “Entity”) orCompany’s knowledge, any director, officer, employee, agent, affiliate or representative of the EntityCompany or its subsidiaries, is a government, individual, or entity (in this paragraph (ttll), “Person”) that is, or is owned or controlled by a Person that is:
(A1) the subject of any sanctions administered or enforced by the U.S. government (including the Department of Treasury’s Office of Foreign Assets Control (“OFAC”and the Department of State), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B2) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity Company represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A1) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B2) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity Company represents and covenants that, except as detailed in the Registration Statement and the Prospectus, that for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Cidara Therapeutics, Inc.), Underwriting Agreement (Cidara Therapeutics, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelythe Subsidiaries, the “Entity”) or, nor any director, officer, employee, or to the Company’s knowledge, agent, affiliate or representative of the EntityCompany or any of the Subsidiaries, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is 50% or more owned or controlled by a Person one or more Persons that isare:
(A) the subject target of any comprehensive economic or financial sanctions or trade embargoes administered or enforced by the U.S. Department of Treasury’s government (including, without limitation, the Office of Foreign Assets Control (of the U.S. Department of the Treasury or the U.S. Department of State and including, without limitation, the designation as a “OFACspecially designated national” or “blocked person”), the United Nations Security Council, the European Union, Her Majesty’s TreasuryUnion or any European Union member state, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules the United Kingdom (as amended, collectively, “Sanctions”), nor
(B) operating from, located, organized or resident in a country or territory that is the subject target of comprehensive Sanctions that broadly prohibit dealings with that country or territory (including as of the date of this Agreement, Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of the Ukraine, the so-called Donetsk People’s Republic and the so-called Luhansk People’s Republic) (the each, a “Sanctioned CountriesCountry”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
Person (Ai) to fund or facilitate any activities of or business of with or with involving any Person or in any country or territory person that, at the time of such funding or facilitation, is the subject or target of Sanctions Sanctions, (ii) to fund or is a facilitate any activities of or business in any Sanctioned Country; or
Country or (Biii) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise)) of Sanctions.
(iii) The Entity represents and covenants thatSince August 30, except as detailed in the Registration Statement and the Prospectus, for the past 5 years2021, it has not engaged in, and it is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territoryterritory that, that at the time of the dealing or transaction transaction, is or was the subject target of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (AIRO Group Holdings, Inc.), Underwriting Agreement (AIRO Group Holdings, Inc.)
Sanctions. (i) The Company represents thatNone of the Company, neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, the “Entity”) or any director or officer thereof, or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the EntityCompany or any of its subsidiaries, is a government, individual, an individual or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person one or more Persons that is:
are: (A) the subject of any sanctions administered or enforced by the U.S. United States Government (including the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”and the United States Department of State), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
or (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country (including, without limitation, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, the non-government controlled areas of the Kherson and Zaporizhzhia regions of Ukraine or territory (including any other Covered Region of Ukraine identified pursuant to Executive Order 14065, Crimea, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
; (ii) The Entity represents and covenants that it the Company will not, directly or indirectly, use the proceeds of the applicable offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions; or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the applicable offering, whether as underwriter, advisor, investor or otherwise).
; (iii) The Entity represents since April 24, 2019, the Company and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has each of its subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions; (iv) the Company and each of its subsidiaries and affiliates have instituted and maintained and will continue to maintain policies and procedures reasonably designed to promote and achieve compliance with Sanctions or is or was a Sanctioned Countryand with the representations and warranties contained herein.
Appears in 2 contracts
Sources: Omnibus Sales Agreement (Strategy Inc), Omnibus Sales Agreement (Strategy Inc)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, nor any director, officer, employeeemployee of the Company, nor, to the knowledge of the Company, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, knowingly use the proceeds of the offering, or knowingly lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed disclosed in the Registration Statement and the Prospectus, for the past 5 yearssince April 24, 2019, it has not knowingly engaged in, is not now knowingly engaging in, and will not knowingly engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Sales Agreement (Semler Scientific, Inc.), Sales Agreement (Semler Scientific, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any directordirector or officer nor, officerto the Company’s knowledge, any employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is owned or controlled by a Person that is:
: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules relevant sanctions authority (as amended, collectively, “Sanctions”), nor
(B) nor located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) . The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringoffering Ordinary Shares, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(APerson(s) to fund or facilitate any activities or business of or with any Person Person, or in any country or territory that, at the time of such funding or facilitationfacilitations, is the subject of Sanctions or is a Sanctioned Country; or
(B) Country in any other a manner that will result in a the violation of Sanctions by any Person (including any Person participating in the offeringtransactions contemplated by this Agreement, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for . For the past 5 years, it has not engaged in, in is not now engaging in, and will not engage in, in any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Sales Agreement (Gorilla Technology Group Inc.), Sales Agreement (Gorilla Technology Group Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, directors, officers, or employees, nor, to the “Entity”) orknowledge of the Company, after due inquiry, any director, officer, employee, agent, affiliate or representative other person acting on behalf of the Entity, Company or any of its subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any U.S. sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”)) or the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s TreasuryTreasury of the United Kingdom, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) ; nor is the Company or any of its subsidiaries located, organized or resident in a country or territory that is the subject or the target of Sanctions that broadly prohibit dealings with that country or territory (including Sanctions, including, without limitation, Crimea, Cuba, Iran, North Korea, Sudanand Syria (collectively, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries” and each, a “Sanctioned Country”).
(ii) The Entity represents ; and covenants that it the Company will not, not directly or indirectly, indirectly use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, or any joint venture partner or other Person:
(A) to fund person or facilitate any entity, for the purpose of financing the activities of or business of or with any Person person, or in any country or territory thatterritory, that at the time of such funding or facilitationfinancing, is the subject or the target of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offering, transaction whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for of applicable Sanctions. For the past 5 five years, it has the Company and its subsidiaries have not knowingly engaged in, is in and are not now engaging in, and will not engage in, knowingly engaged in any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or the target of Sanctions or is or was a with any Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Aclaris Therapeutics, Inc.), Sales Agreement (Aclaris Therapeutics, Inc.)
Sanctions. (ia) The Company represents thatNo Obligor nor any of their respective shareholders, neither Subsidiaries, directors, officers, employees, agents or representatives or other person acting on behalf of the Company nor Obligor or any of its Subsidiaries (collectively, the “Entity”) or, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, an individual or entity (in this paragraph each a "Person") that:
(tt), “Person”i) that is, or is owned or controlled by controlled, either directly or indirectly, by, or is otherwise acting on behalf of, a Person that is:
(A) is the subject of any sanctions administered Sanctions; or
(ii) part of, controlled by, or enforced owned by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasurygovernment, or other relevant sanctions authoritiesany agency or instrumentality of the government, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List of a Comprehensively Sanctioned Country or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), norTerritory,
(Ba " Sanctioned Person").
(b) No Obligor nor any of their respective shareholders, Subsidiaries, or directors, is located, organized organised or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (Sanctions, including the Crimea Region of Ukraine, the Democratic Republic of North Korea, the Donetsk People's Republic, the Luhansk People's Republic, Cuba, Iran, North KoreaSevastopol, Sudan, Sudan and Syria and the Crimea Region of the Ukraine) (the “a "Comprehensively Sanctioned Countries”Country or Territory").
(iic) The Entity represents and covenants that No Obligor is part of, controlled by, or owned by the government, or any agency or instrumentality of the government, of a Comprehensively Sanctioned Country or Territory.
(d) To its knowledge, no Obligor is in violation of any applicable Sanctions.
(e) Neither it will notnor any of its Subsidiaries or any director, officer, agent, employee, affiliate or other person acting on behalf of the Obligor or any of its Subsidiaries is aware of or has taken any action, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will would result in a violation by such persons of Sanctions by any Person applicable anti-bribery law, including but not limited to, the United Kingdom Bribery Act 2010 (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise"UK Bribery Act") and the U.S. Foreign Corrupt Practices Act of 1977 (the "FCPA").;
(iiif) The Entity represents Each Obligor and, to the knowledge of the Obligor, its affiliates have conducted their businesses in compliance with the UK Bribery Act, the FCPA and covenants thatsimilar laws, except as detailed in the Registration Statement rules or regulations and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging inhave instituted and maintain policies and procedures designed to ensure, and will not engage inwhich are reasonably expected to continue to ensure, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Countrycontinued compliance therewith.
Appears in 2 contracts
Sources: Syndicated Facility Agreement (Metals Acquisition LTD), Syndicated Facility Agreement (Metals Acquisition Corp)
Sanctions. (i) The Company represents that, neither None of the Company nor or any of its the Subsidiaries (collectivelynor, to the “Entity”) orknowledge of the Company, any director, officer, employee, agent, employee or affiliate or representative of the Entity, Company or any of the Subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any sanctions administered or enforced by the U.S. Department of Treasury’s Government, including, without limitation, the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”), or the U.S. Department of State and including, without limitation, the designation as a “specially designated national” or “blocked person,” the European Union, His Majesty’s Treasury, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) nor is the Company or any of the Subsidiaries located, organized or resident in a country or territory that is the subject or target of Sanctions that broadly prohibit dealings (including, without limitation, the so-called Donetsk People’s Republic and so-called Luhansk People’s Republic or any other regions of Ukraine as may be identified by the Secretary of the Treasury, in consultation with that country or territory (including the Secretary of State, pursuant to Executive Order 14065, Crimea, Cuba, Iran, North KoreaKorea and Syria), Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities of or business of or with any Person person, or in any country or territory territory, that, at the time of such funding or facilitationfunding, is the subject or the target of Sanctions or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents of Sanctions; and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five years, it has the Company and the Subsidiaries have not knowingly engaged in, is in and are not now engaging in, and will not engage in, knowingly engaged in any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or target of Sanctions or is or was a Sanctioned Countrywith any sanctioned country.
Appears in 2 contracts
Sources: Placement Agency Agreement (ImmunityBio, Inc.), Placement Agency Agreement (ImmunityBio, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Opgen Inc), Underwriting Agreement (InspireMD, Inc.)
Sanctions. (i) The Company represents thatNone of the Company, neither the Company nor any of its Subsidiaries (collectivelySubsidiaries, the “Entity”) or any director or officer thereof, or, to the Company's knowledge, any director, officer, employee, agent, affiliate affiliate, employee or other representative of the EntityCompany or any of its Subsidiaries, is a government, individual, or entity (in this paragraph (tt), “Person”) Person that is, or is owned or controlled by a Person one or more Persons that is:
are: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s 's Office of Foreign Assets Control (“"OFAC”"), the U.S. Department of State, the United Nations Security CouncilCouncil ("UNSC"), the European UnionUnion ("EU") (including under Council Regulation (EC) No. 194/2008), Her Majesty’s Treasury's Treasury ("HMT"), the State Secretariat for Economic Affairs, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “"Sanctions”"), nor
or engaged in any activities sanctionable under the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, the Iran Sanctions Act, the Iran Threat Reduction and Syria Human Rights Act, or any applicable executive order, or (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Crimea, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
(ii) The Entity represents and covenants that it Company will not, directly or indirectly, use the proceeds of the offeringoffering received by the Company, or lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, Affiliate, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions; or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for For the past 5 years, it has the Company and its Subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 2 contracts
Sources: Convertible Notes Subscription Agreement (NIO Inc.), Convertible Notes Subscription Agreement (NIO Inc.)
Sanctions. (i) The Company represents that, that neither the Company nor any of its Subsidiaries (collectively, the “Entity”) oror any director or officer, nor, to its knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttxx), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Evofem Biosciences, Inc.), Underwriting Agreement (Evofem Biosciences, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectively, the “Entity”) orSubsidiaries, any director, director or officer, employeenor to the Company’s knowledge, any employee thereof, agent, affiliate affiliate, representative, or representative other person acting on behalf of the EntityCompany or any of its Subsidiaries, is a government, individual, an individual or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
: (Ai) the subject of any economic, financial or trade sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European UnionUnion (“EU”), Her His Majesty’s Treasury, the Swiss Secretariat of Economic Affairs, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
nor (Bii) located, organized organized, or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, the Crimea Region of Ukraine, the non-government controlled areas of the Zaporizhzhia and Kherson Regions, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
(ii) The Entity represents and covenants that it Company will not, directly or indirectly, use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, joint venture partner or other Person:
: (Ai) to fund or facilitate any activities or business of or with any Person that, at the time of such funding or facilitation, is the subject of Sanctions, or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions, in violation of Sanctions; or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwiseRepresentatives).
(iii) The Entity represents Since April 24, 2019, the Company and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has its Subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not knowingly engage in, any direct or indirect dealings or transactions with any Person, or in any country or territory, Person that at the time of the dealing or transaction is or was the subject of Sanctions or any country or territory that, at the time of the dealing or transaction is or was a Sanctioned Countrythe subject of Sanctions, in violation of Sanctions.
Appears in 2 contracts
Sources: Underwriting Agreement (Dianthus Therapeutics, Inc. /DE/), Underwriting Agreement (Dianthus Therapeutics, Inc. /DE/)
Sanctions. (i) The Company represents that, neither the Company Issuer nor any member of its Subsidiaries (collectively, the “Entity”) or, Group nor any director, officer, employeeor employee of, nor, to the best of the knowledge of the Issuer (after due and careful enquiry), any agent, affiliate of or representative other person acting on behalf of the Entity, Issuer or any member of the Group:
(i) is a government, individual, an individual or entity (in this paragraph (tt), a “Person”) that is, or is owned or controlled by a Person that is:
(A) the currently subject of to any U.S. sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”)) or the U.S. Government (including but not limited to the designation as a “specially designated national” or “blocked person” thereunder) or any sanctions or requirements imposed by, or based upon the obligations or authorisations set forth in, the U.S. Trading With The Enemy Act, the U.S. International Emergency Economic Powers Act, the U.S. United Nations Participation Act, the Iran Sanctions Act, the Comprehensive Iran Sanctions Accountability and Divestment Act and Section 1245 of the National Defense Authorization Act for Fiscal Year 2012, the U.S. Syria Accountability and Lebanese Sovereignty Act, or the Iran Threat Reduction and Syria Human Rights Act of 2012, all as amended, or any Executive Orders issued in relation to the imposition of sanctions, or any sanctions or measures imposed by the United Nations Security Council, the European Union, Union or Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules Treasury (as amended, “HMT”) (collectively, the “Sanctions”), nor;
(Bii) is located, organized organised or resident operating in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).Sanctions;
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, has for the past 5 years, it has not five years engaged in, and is not now engaging in, and will not engage in, engaged in any dealings or transactions with any Persongovernment, person, entity or project targeted by, or located in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions;
(iv) is or has been in violation of or subject to an investigation relating to any Sanctions; and neither the Issuer, the Guarantor nor any member of the Group will directly or indirectly use the proceeds of the offering of the Further Bonds hereunder, or lend, contribute or otherwise make available all or part of such proceeds to any subsidiary, joint venture partner or other Person, for the purpose of financing the activities of or business with any Person currently subject to any Sanctions or operating in any country or territory that is the subject of Sanctions where such operations are in violation of such Sanctions or was in any other manner that would result in a Sanctioned Country.violation by any Person (including any Person participating in the offering, whether as underwriter, adviser, investor or otherwise) of Sanctions;
Appears in 2 contracts
Sources: Subscription Agreement (Semiconductor Manufacturing International Corp), Subscription Agreement (Datang Telecom Technology & Industry Holdings LTD)
Sanctions. (i) The Company Entity represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the EntityCompany, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity Company represents and covenants that it the Entity will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity Company represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for since April 24, 2019, the past 5 years, it Entity has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Sales Agreement (Eightco Holdings Inc.), Sales Agreement (Eightco Holdings Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttrr), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including the Crimea Region and the non-government controlled areas of the Zaporizhzhia and Kherson Regions of Ukraine, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the UkraineSyria) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Esperion Therapeutics, Inc.), Underwriting Agreement (Esperion Therapeutics, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Polarityte, Inc.), Underwriting Agreement (Polarityte, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttrr), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Vaxart, Inc.), Underwriting Agreement (Vaxart, Inc.)
Sanctions. (i) The Company represents that, that neither the Company nor any of its Subsidiaries (collectively, the “Entity”) oror to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) Ukraine (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country, except as authorized under applicable Sanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions prohibiting such dealing or transaction or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: At Market Issuance Sales Agreement (Jakks Pacific Inc), At Market Issuance Sales Agreement (Jakks Pacific Inc)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Fennec Pharmaceuticals Inc.), Sales Agreement (Terawulf Inc.)
Sanctions. (i) 27.1 The Company Issuer represents thatand warrants that none of the Issuer, neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, directors or officers, acting in their capacity as directors or officers nor, to the “Entity”) orbest of the knowledge of the Issuer, any director, officer, employee, agentemployees acting in their capacity as employees, affiliate or representative other person acting on behalf of the EntityIssuer, in each case acting in connection with this Agreement and/or the issuance of the Securities, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or target of any economic sanctions administered or enforced by the U.S. Department of Treasury’s Government (the Office of Foreign Assets Control of the U.S. Department of the Treasury (“"OFAC”") or the U.S. Department of State and including, without limitation, the designation as a "specially designated national" or "blocked person"), the United Nations Security CouncilCouncil ("UNSC"), the European Union, Her Union or His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals 's Treasury of the United Kingdom ("Sanctions") and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) neither the Issuer nor any of its subsidiaries is located, organized organised or resident in a country country, region or territory territory, that is the subject or the target of Sanctions that broadly prohibit or restrict dealings with that country such country, region or territory (including being as of the date hereof Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of Ukraine, the Ukraine) so-called Donetsk People's Republic and the so-called Luhansk People's Republic (each, a "Sanctioned Country"); that the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Issuer will not, not directly or indirectly, knowingly indirectly use the proceeds from any offering of the offeringSecurities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity, (Ai) to fund for the purpose of funding or facilitate knowingly facilitating the activities of any activities person or business of or with any Person or in any country or territory entity that, at the time of such funding or facilitation, is the subject or target of any Sanctions, when such funding or facilitating will result in the violation of Sanctions (ii) to fund or knowingly facilitate any activities of or business in any country that, at the time of such funding or facilitation, is a Sanctioned Country; or
Country or (Biii) to knowingly act in any other manner that that, at the time of such action, will result in a violation of Sanctions by any Person (including any Person participating in the offeringSanctions; and that the Group has instituted and maintain policies aimed at verifying the presence of counterparties which are subject to, whether as underwriterinter alia, advisor, investor or otherwise)Sanctions.
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and 27.2 Clause 27.1 will not engage in, apply if and to the extent that it is or would be unenforceable by reason of a violation or breach of (i) any dealings provision of Council Regulation (EC) No 2271/96 of 22 November 1996 (or transactions with any Person, law or regulation implementing such Regulation in any country or territory, that at the time member state of the dealing EEA or transaction is the United Kingdom and/or any associated and applicable national law, instrument or was the subject of Sanctions regulation related thereto) or is (ii) any similar blocking or was a Sanctioned Countryanti-boycott law.
Appears in 2 contracts
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt)paragraph, “Person”) that is, or is owned or controlled by a Person that is:
: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
nor (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
; (ii) The the Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
or (B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
; and (iii) The the Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now knowingly engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Helius Medical Technologies, Inc.), At the Market Offering Agreement (Helius Medical Technologies, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, the “Entity”) or, nor any director, officer, employee, or to the Company’s knowledge, agent, affiliate or representative of the EntityCompany or any of its subsidiaries, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is 50% or more owned or controlled by a Person one or more Persons that isare:
(A) the subject target of any comprehensive economic or financial sanctions or trade embargoes administered or enforced by the U.S. Department of Treasury’s government (including, without limitation, the Office of Foreign Assets Control (of the U.S. Department of the Treasury or the U.S. Department of State and including, without limitation, the designation as a “OFACspecially designated national” or “blocked person”), the United Nations Security Council, the European Union, Her Majesty’s TreasuryUnion or any European Union member state, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules the United Kingdom (as amended, collectively, “Sanctions”), nor
(B) operating from, located, organized or resident in a country or territory that is the subject target of comprehensive Sanctions that broadly prohibit dealings with that country or territory (including as of the date of this Agreement, Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of the Ukraine, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic or any other Covered Region of Ukraine identified pursuant to Executive Order 14065) (the each, a “Sanctioned CountriesCountry”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
Person (Ai) to fund or facilitate any activities of or business of with or with involving any Person or in any country or territory person that, at the time of such funding or facilitation, is the subject or target of Sanctions Sanctions, (ii) to fund or is a facilitate any activities of or business in any Sanctioned Country; or
Country or (Biii) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise)) of Sanctions.
(iii) The Entity represents and covenants thatSince August 30, except as detailed in the Registration Statement and the Prospectus, for the past 5 years2021, it has not engaged in, and it is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territoryterritory that, that at the time of the dealing or transaction transaction, is or was the subject target of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Exyn Technologies, Inc.), Underwriting Agreement (Exyn Technologies, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) ornor, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttww), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity Company represents and covenants that it the Entity will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity Company represents and covenants that, except as detailed in the Registration Statement Statement, the Pricing Disclosure Package and the Prospectus, for the past 5 five (5) years, it the Entity has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Placement Agent Agreement (Satellogic Inc.), Placement Agent Agreement (Satellogic Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) ornor any director or officer of the Entity, nor, to the Company’s knowledge, any director, officer, employee, agent, affiliate Affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
nor (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) . The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringOffering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
or (B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offeringOffering, whether as underwriter, advisor, investor or otherwise).
(iii) . The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now knowingly engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Zosano Pharma Corp), Underwriting Agreement (Zosano Pharma Corp)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttpp), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now knowingly engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Pacific Biosciences of California, Inc.), Underwriting Agreement (Pacific Biosciences of California, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, directors, officers, or employees, nor, to the “Entity”) orKnowledge of the Company, any director, officer, employee, agent, affiliate or representative other person associated with or acting on behalf of the Entity, Company or any of its subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any sanctions administered or enforced by the U.S. Department of Treasury’s government (including, without limitation, the Office of Foreign Assets Control (of the U.S. Department of the Treasury or the U.S. Department of State and including, without limitation, the designation as a “OFACspecially designated national” or “blocked person”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, Treasury or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) nor is the Company or any of its subsidiaries located, organized or resident in a country or territory that is the subject or target of Sanctions that broadly prohibit dealings with that country or territory (including Sanctions, including, without limitation, the so-called Donetsk People’s Republic, so-called Luhansk People’s Republic, any other Covered Region of Ukraine identified pursuant to Executive Order 14065, the Crimea region and non-government controlled areas of the Zaporizhzhia and Kherson Regions of Ukraine, Cuba, Iran, North KoreaKorea and Syria (each, Sudan, Syria a “Sanctioned Country”); and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities of or business of or with any Person or in any country or territory person that, at the time of such funding or facilitation, is the subject or target of Sanctions Sanctions, (ii) to fund or is a facilitate any activities of or business in any Sanctioned Country; or
, or (Biii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransaction, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for of Sanctions. For the past 5 five years, it has the Company and its subsidiaries have not knowingly engaged in, is in and are not now engaging in, and will not engage in, knowingly engaged in any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or the target of Sanctions or is or was a with any Sanctioned Country.
Appears in 2 contracts
Sources: Sales Agreement (Canton Strategic Holdings, Inc.), Sales Agreement (Tharimmune, Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor RGF LLC, nor any of its Subsidiaries (collectivelytheir respective directors or officers, nor, to the “Entity”) orknowledge of the Company or RGF LLC, any director, officer, employee, employee or agent, affiliate or representative other person acting on behalf of the EntityCompany or RGF LLC, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any U.S. sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”)) or the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s TreasuryTreasury of the United Kingdom, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) ; nor is the Company or RGF LLC located, organized or resident in a country or territory that is the subject or the target of Sanctions that broadly prohibit dealings with that country or territory (including Sanctions, including, without limitation, Crimea, Cuba, Iran, North Korea, Sudanand Syria (collectively, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents ; and covenants that it neither the Company nor RGF LLC will not, directly or indirectly, indirectly use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, or any joint venture partner or other Person:
(A) to fund person or facilitate any entity, for the purpose of financing the activities of or business of or with any Person person, or in any country or territory thatterritory, that at the time of such funding or facilitationfinancing, is the subject or the target of Sanctions or is a Sanctioned Country; or
(B) , respectively, or in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offering, transaction whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for of applicable Sanctions. For the past 5 five years, it neither the Company nor RGF LLC has not knowingly engaged in, in and is not now engaging in, and will not engage in, knowingly engaged in any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or the target of Sanctions or is or was a with any Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement (Real Good Food Company, Inc.), Underwriting Agreement (Real Good Food Company, Inc.)
Sanctions. (i) The Company represents that, neither the Company Issuer nor any member of its Subsidiaries (collectively, the “Entity”) or, Group nor any director, officer, employeeor employee of, nor, to the best of the knowledge of the Issuer (after due and careful enquiry), any agent, affiliate of or representative other person acting on behalf of the Entity, Issuer or any member of the Group:
(i) is a government, individual, an individual or entity (in this paragraph (tt), a “Person”) that is, or is owned or controlled by a Person that is:
(A) the currently subject of to any U.S. sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”)) or the U.S. Government (including but not limited to the designation as a “specially designated national” or “blocked person” thereunder) or any sanctions or requirements imposed by, or based upon the obligations or authorisations set forth in, the U.S. Trading With The Enemy Act, the U.S. International Emergency Economic Powers Act, the U.S. United Nations Participation Act, the Iran Sanctions Act, the Comprehensive Iran Sanctions Accountability and Divestment Act and Section 1245 of the National Defense Authorization Act for Fiscal Year 2012, the U.S. Syria Accountability and Lebanese Sovereignty Act, or the Iran Threat Reduction and Syria Human Rights Act of 2012, all as amended, or any Executive Orders issued in relation to the imposition of sanctions, or any sanctions or measures imposed by the United Nations Security Council, the European Union, Union or Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules Treasury (as amended, “HMT”) (collectively, the “Sanctions”), nor;
(Bii) is located, organized organised or resident operating in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).Sanctions;
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, has for the past 5 years, it has not five years engaged in, and is not now engaging in, and will not engage in, engaged in any dealings or transactions with any Persongovernment, person, entity or project targeted by, or located in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions; is or has been in violation of or subject to an investigation relating to any Sanctions; and neither the Issuer, the Guarantor nor any member of the Group will directly or indirectly use the proceeds of the offering of the Bonds hereunder, or lend, contribute or otherwise make available all or part of such proceeds to any subsidiary, joint venture partner or other Person, for the purpose of financing the activities of or business with any Person currently subject to any Sanctions or operating in any country or territory that is the subject of Sanctions where such operations are in violation of such Sanctions or was in any other manner that would result in a Sanctioned Country.violation by any Person (including any Person participating in the offering, whether as underwriter, adviser, investor or otherwise) of Sanctions;
Appears in 2 contracts
Sources: Subscription Agreement, Subscription Agreement (China Investment Corp)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttxx), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Underwriting Agreement, Underwriting Agreement (Taiwan Liposome Company, Ltd.)
Sanctions. (ia) The Company represents that, that neither the Company nor any of its Subsidiaries subsidiaries (collectively, the “Entity”) oror any director or officer, nor, to its knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttxx), “Person”) that is, or is owned or controlled by a Person that is:
: (Ai) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
nor (Bii) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(iib) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
: (Ai) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
or (Bii) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iiic) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Securities Purchase Agreement (PDL Biopharma, Inc.), Securities Purchase Agreement (Evofem Biosciences, Inc.)
Sanctions. (ia) The Company represents thatNo Obligor nor any of their respective shareholders, neither Subsidiaries, directors, officers, employees, agents or representatives or other person acting on behalf of the Company nor Obligor or any of its Subsidiaries (collectively, the “Entity”) or, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, an individual or entity (in this paragraph each a Person) that:
(tt), “Person”i) that is, or is owned or controlled by controlled, either directly or indirectly, by, or is otherwise acting on behalf of, a Person that is:
(A) is the subject of any sanctions administered Sanctions; or
(ii) is part of, controlled by, or enforced owned by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasurygovernment, or other relevant sanctions authoritiesany agency or instrumentality of the government, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List of a Comprehensively Sanctioned Country or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), norTerritory,
(Ba Sanctioned Person).
(b) No Obligor nor any of their respective shareholders, Subsidiaries, or directors, is located, organized organised or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (Sanctions, including the Crimea Region of Ukraine, the Democratic Republic of North Korea, the Donetsk People's Republic, the Luhansk People's Republic, Cuba, Iran, North KoreaSevastopol, Sudan, Sudan and Syria and the Crimea Region of the Ukraine) (the “a Comprehensively Sanctioned Countries”Country or Territory).
(iic) The Entity represents and covenants that No Obligor is part of, controlled by, or owned by the government, or any agency or instrumentality of the government, of a Comprehensively Sanctioned Country or Territory. Loan Note Subscription Agreement | DLA Piper | 73
(d) To its knowledge, no Obligor is in violation of any applicable Sanctions.
(e) Neither it will notnor any of its Subsidiaries or any director, officer, agent, employee, affiliate or other person acting on behalf of the Obligor or any of its Subsidiaries is aware of or has taken any action, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will would result in a violation by such persons of Sanctions by any Person applicable anti-bribery law, including but not limited to, the United Kingdom Bribery Act 2010 (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwiseUK Bribery Act) and the U.S. Foreign Corrupt Practices Act of 1977 (the FCPA).;
(iiif) The Entity represents Each Obligor and, to the knowledge of the Obligor, its affiliates have conducted their businesses in compliance with the UK Bribery Act, the FCPA and covenants thatsimilar laws, except as detailed in the Registration Statement rules or regulations and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging inhave instituted and maintain policies and procedures designed to ensure, and will not engage inwhich are reasonably expected to continue to ensure, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Countrycontinued compliance therewith.
Appears in 2 contracts
Sources: Loan Note Subscription Agreement (Metals Acquisition LTD), Loan Note Subscription Agreement (Metals Acquisition Corp)
Sanctions. (i) The Company represents that, neither the Company it nor any of its Subsidiaries Subsidiary (collectively, the “Entity”) ornor, to the Entity’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Covered Person”) that is, or is owned or controlled by a Covered Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)administered by OFAC.
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringknowingly use, or lend, contribute or otherwise make available such the proceeds of the offering to any subsidiary, joint venture partner or other Covered Person:
(A) to fund or facilitate any activities or business of or with any Covered Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Covered Person (including any Covered Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Covered Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 2 contracts
Sources: Capital on Demand Sales Agreement (Serina Therapeutics, Inc.), Capital on Demand Sales Agreement (Lexaria Bioscience Corp.)
Sanctions. (i) The Company represents that, that neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, to the knowledge of the Company, any director, officer, employee, agent, affiliate controlled Affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttrr), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)Control, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority with jurisdiction over the Entity (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the so-called Donetsk People’s Republic, so-called Lubansk People’s Republic or any other Covered Region Ukraine identified pursuant to Executive Order 14065, and the Crimea Region region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will notnot knowingly, directly or indirectly, use the proceeds of the offeringoffering of the Offered Securities, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions in a manner that constituted or is or was constitutes a Sanctioned Countryviolation of law.
Appears in 2 contracts
Sources: Placement Agent Agreement (Tellurian Inc. /De/), Placement Agent Agreement (Tellurian Inc. /De/)
Sanctions. (i) 27.1 The Company Issuer represents thatand warrants that none of the Issuer, neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, directors or officers, acting in their capacity as directors or officers nor, to the “Entity”) orbest of the knowledge of the Issuer, any director, officer, employee, agentemployees acting in their capacity as employees, affiliate or representative other person acting on behalf of the EntityIssuer, in each case acting in connection with this Agreement and/or the issuance of the Securities, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or target of any economic sanctions administered or enforced by the U.S. Department of Treasury’s Government (the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) or the U.S. Department of State and including, without limitation, the designation as a “specially designated national” or “blocked person”), the United Nations Security CouncilCouncil (“UNSC”), the European Union, Her Union or His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules Treasury of the United Kingdom (as amended, collectively, “Sanctions”), nor
(B) and neither the Issuer nor any of its subsidiaries is located, organized organised or resident in a country country, region or territory territory, that is the subject or the target of Sanctions that broadly prohibit or restrict dealings with that country such country, region or territory (including being as of the date hereof Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of Ukraine, the Ukraine) so-called Donetsk People’s Republic and the so-called Luhansk People’s Republic (the each, a “Sanctioned CountriesCountry”).
(ii) The Entity represents and covenants ; that it the Issuer will not, not directly or indirectly, knowingly indirectly use the proceeds from any offering of the offeringSecurities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity, (Ai) to fund for the purpose of funding or facilitate knowingly facilitating the activities of any activities person or business of or with any Person or in any country or territory entity that, at the time of such funding or facilitation, is the subject or target of any Sanctions, when such funding or facilitating will result in the violation of Sanctions (ii) to fund or knowingly facilitate any activities of or business in any country that, at the time of such funding or facilitation, is a Sanctioned Country; or
Country or (Biii) to knowingly act in any other manner that that, at the time of such action, will result in a violation of Sanctions by any Person (including any Person participating in the offeringSanctions; and that the Group has instituted and maintain policies aimed at verifying the presence of counterparties which are subject to, whether as underwriterinter alia, advisor, investor or otherwise)Sanctions.
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and 27.2 Clause 27.1 will not engage in, apply if and to the extent that it is or would be unenforceable by reason of a violation or breach of (i) any dealings provision of Council Regulation (EC) No 2271/96 of 22 November 1996 (or transactions with any Person, law or regulation implementing such Regulation in any country or territory, that at the time member state of the dealing EU or transaction is the United Kingdom and/or any associated and applicable national law, instrument or was the subject of Sanctions regulation related thereto) or is (ii) any similar blocking or was a Sanctioned Countryanti-boycott law.
Appears in 2 contracts
Sanctions. (i) The Company represents thatNone of the Company, neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, the “Entity”) or any director or officer thereof, or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the EntityCompany or any of its subsidiaries, is a government, individual, an individual or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person one or more Persons that is:
are: (A) the subject of any sanctions administered or enforced by the U.S. United States Government (including the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”and the United States Department of State), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
or (B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, the Crimea Region of Ukraine, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
; (ii) The Entity represents and covenants that it the Company will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
: (A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions Sanctions; or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
; (iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five (5) years, it has the Company and each of its subsidiaries have not knowingly engaged in, is are not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions; (iv) the Company and each of its subsidiaries and affiliates have instituted and maintained and will continue to maintain policies and procedures reasonably designed to promote and achieve compliance with Sanctions or is or was a Sanctioned Countryand with the representations and warranties contained herein.
Appears in 2 contracts
Sources: Sales Agreement (MICROSTRATEGY Inc), Sales Agreement (MICROSTRATEGY Inc)
Sanctions. (ia) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate Affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt)paragraph, “Person”) that is, or is owned or controlled by a Person that is:
(Ai) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(Bii) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the each a “Sanctioned CountriesCountry”).
(iib) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(Ai) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iiic) The Entity represents and covenants that, except as detailed in the Registration Statement and the ProspectusSEC Documents, for the past 5 years, it has not knowingly engaged in, is not now knowingly engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Ondas Holdings Inc.), Securities Purchase Agreement (Ondas Holdings Inc.)
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectivelySubsidiaries, directors or officers, nor, to the “Entity”) orknowledge of the Company, any director, officer, employee, agent, affiliate employee or representative Affiliate of the EntityCompany or any of its Subsidiaries acting on behalf of the Company or any of its Subsidiaries, is a government(i) currently the subject or the target of any economic, individualfinancial, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any trade sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)Control, the U.S. Department of State, the United Nations Security Council, the European Union, Her His Majesty’s TreasuryTreasury of the United Kingdom, or any other relevant applicable sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
; (Bii) located, operating, organized or resident in a country or territory that is the subject so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, and the Crimea regions of Sanctions that broadly prohibit dealings with that country or territory (including Ukraine, Cuba, Iran, North Korea, Sudanand Syria, Syria or in any other country, region or territory, that is the subject of Sanctions (a “Sanctioned Jurisdiction”); and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering and sale of the Securities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities activities, business, transaction with, or business of or with any Person or investment in any country or territory person that, at the time of such funding or facilitation, is the subject or the target of Sanctions Sanctions, (ii) to fund or is a facilitate any activities, business, transaction with, or investment in any Sanctioned Country; or
Jurisdiction or (Biii) in any other manner that will would result in a the violation of any Sanctions by any Person (including any Person participating in the offering). Since April 24, whether as underwriter2019, advisor, investor or otherwise).
(iii) The Entity represents the Company and covenants that, except as detailed its Subsidiaries have not knowingly engaged in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is are not now engaging in, and will not engage in, knowingly engaged in any dealings or transactions with any Person, or in any country or territory, person that at the time of the dealing or transaction is or was the subject or the target of Sanctions Sanctions, or is with any Sanctioned Jurisdiction, in each case to the extent that would, at the time of such dealings or was a Sanctioned Countrytransactions, be prohibited for any Person (including any Person participating in the offering) required to comply with Sanctions.
Appears in 2 contracts
Sources: Underwriting Agreement (Guardian Pharmacy Services, Inc.), Underwriting Agreement (Guardian Pharmacy Services, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttww), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Sales Agreement (Chemomab Therapeutics Ltd.), Sales Agreement (Chemomab Therapeutics Ltd.)
Sanctions. (i) The Company represents that, neither the Company nor any of its the Material Subsidiaries (collectively, the “Entity”) ornor, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the EntityCompany, is a government, individual, or entity (in this paragraph (tt59), “PersonMember”) that is, or is owned or controlled by a Person Member that is:
(Aa) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)Control, the United Nations Security Council, the European Union, Her Majesty’s Treasury, the Office of the Superintendent of Financial Institutions (Canada), or pursuant to the Special Economic Measures Act (Canada) or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List authority or other similar applicable legislation or rules Applicable Law (as amended, collectively, “Sanctions”), nor
(Bb) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(iic) The Entity Company represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringOffering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other PersonMember:
(Ai) to fund or facilitate any activities or business of or with any Person Member or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person Member (including any Person Member participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iiid) The Entity Company represents and covenants that, except as detailed in the Registration Statement and the ProspectusOffering Documents, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any PersonMember, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 2 contracts
Sources: Underwriting Agreement (Auryn Resources Inc.), Underwriting Agreement (Auryn Resources Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, that for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 2 contracts
Sources: Sales Agreement (Taronis Technologies, Inc.), Sales Agreement (Taronis Technologies, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its the Material Subsidiaries (collectively, the “Entity”) ornor to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)Control, the United Nations Security Council, the European Union, Her Majesty’s Treasury, the Office of the Superintendent of Financial Institutions (Canada), or pursuant to the Special Economic Measures Act (Canada) or other relevant sanctions authoritiesauthority or relevant statute, including designation on OFAC’s Specially Designated Nationals and Blocked Persons Listrule, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules regulation (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 2 contracts
Sources: Sales Agreement (Avino Silver & Gold Mines LTD), Sales Agreement (Avino Silver & Gold Mines LTD)
Sanctions. (i) The Company represents thatNone of the Issuer, neither any of the Company Guarantors nor any of its Subsidiaries their respective subsidiaries, nor any director, officer, agent, employee or Affiliate of the Issuer, any of the Guarantors or any of their respective subsidiaries, nor, solely with respect to clause (collectivelyz) below, to the “Entity”) orknowledge of the Issuer, any director, officer, employee, agent, affiliate employee or representative Affiliate of the EntityIssuer, is a government, individual, any of the Guarantors or entity any of their respective subsidiaries (in this paragraph (tt), “Person”x) that is, or is controlled or 50% or more owned in the aggregate by or controlled by a Person is acting on behalf of, one or more individuals or entities that is:
(A) are currently the subject or target of any sanctions administered or enforced by the U.S. Department of Treasury’s United States (including the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury, the U.S. Department of State and the U.S. Department of Commerce), the United Nations Security Council, the European Union, Her any member state of the European Union or the United Kingdom (including His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules ) (as amended, collectively, collectively “Sanctions”, and such persons, “Sanctioned Persons”), nor
; (By) is located, organized or resident in a country or territory that is the subject of comprehensive Sanctions that broadly prohibit dealings with that country or territory (including at the time of this Agreement, the Crimea, so-called Donetsk People’s Republic, Kherson, so-called Luhansk People’s Republic and Zaporizhzhia regions of Ukraine, Cuba, Iran, North Korea, Sudanand Syria, Syria and the Crimea Region of the Ukraine) (the collectively, “Sanctioned Countries” and each such country, a “Sanctioned Country”).
; or (iiz) has been in the past six years or is currently in violation of applicable Sanctions or the target of any proceeding, investigation, suit or other action arising out Sanctions. The Entity represents and covenants that it Issuer will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity, (Ai) to fund for the purpose of financing or facilitate any facilitating the activities or business of or with any Sanctioned Person or Sanctioned Country in any country or territory that, at manner that would result in the time violation of such funding or facilitation, is the subject of applicable Sanctions or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as Issuer, underwriter, advisor, investor or otherwise).
(iii) . The Entity represents Issuer, Guarantors and covenants that, except as detailed in the Registration Statement their respective subsidiaries have instituted and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, maintain and will not engage in, any dealings or transactions continue to maintain policies and procedures designed to promote and achieve compliance with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Countryall applicable Sanctions.
Appears in 2 contracts
Sources: Note Purchase Agreement (DISH Network CORP), Note Purchase Agreement (DISH Network CORP)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttww), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity Company represents and covenants that it the Entity will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity Company represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for since April 24, 2019, the past 5 years, it Entity has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) orCompany, any directordirector or officer of the Company, officernor, to the Company’s knowledge, any non-officer employee, agent, affiliate or representative of the EntityCompany, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any applicable sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)Control, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Burma/Myanmar, Cuba, Iran, North Korea, Sudan, Syria Sudan and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
(ii) The Entity Company represents and covenants that it will notnot knowingly, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity Company represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five (5) years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria Syria, and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents thatNone of the Company, neither the Company nor any of its Subsidiaries (collectivelyor any officer or director of either the Company or any such Subsidiary, nor, to the “Entity”) orknowledge of the Company, after due inquiry, any director, officeragent, employee, agent, affiliate Affiliate or representative any Person acting on behalf of the EntityCompany or any of its Subsidiaries is or has been (i) engaged in any services (including financial services), is a governmenttransfers of goods, individualsoftware, or entity technology, or any other business activity related to (in this paragraph A) Cuba, Iran, North Korea, Sudan, Syria or the Crimea region of Ukraine claimed by Russia (tt“Sanctioned Countries”), “Person”(B) that isthe government of any Sanctioned Country, (C) any person, entity or organization located in, resident in, formed under the laws of, or is owned or controlled by a Person that is:
the government of, any Sanctioned Country, or (AD) the any person, entity or organization made subject of any sanctions administered or enforced by the U.S. Department United States Government, including, without limitation, the list of Treasury’s Specially Designated Nationals of the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”), or by the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiaryof its Subsidiaries, or any joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings purpose of financing the activities of or transactions business with any Person, or in any country or territory, that at currently is subject to any U.S. sanctions administered by OFAC or in any other manner that will result in a violation by any Person (including any Person participating in the time transaction whether as underwriter, advisor, investor or otherwise) of U.S. sanctions administered by OFAC; (ii) engaged in any transfers of goods, technologies or services (including financial services) that may assist the dealing governments of Sanctioned Countries or transaction facilitate money laundering or other activities proscribed by United States law; (iii) is or was a Person currently the subject of Sanctions any Sanctions; or is (iv) located, organized or was a resident in any Sanctioned Country.
Appears in 1 contract
Sources: Securities Purchase Agreement (Commerce Union Bancshares, Inc.)
Sanctions. (i) 27.1 The Company Issuer represents thatand warrants that none of the Issuer, neither the Company nor any of its Subsidiaries (collectivelysubsidiaries, directors or officers, acting in their capacity as directors or officers nor, to the “Entity”) orbest of the knowledge of the Issuer, any director, officer, employee, agentemployees acting in their capacity as employees, affiliate or representative other person acting on behalf of the EntityIssuer, in each case acting in connection with this Agreement and/or the issuance of the Securities, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or target of any economic sanctions administered or enforced by the U.S. Department of Treasury’s Government (the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) or the U.S. Department of State and including, without limitation, the designation as a “specially designated national” or “blocked person”), the United Nations Security CouncilCouncil (“UNSC”), the European Union, Her Union or His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules 's Treasury of the United Kingdom (as amended, collectively, “Sanctions”), nor
(B) and neither the Issuer nor any of its subsidiaries is located, organized organised or resident in a country country, region or territory territory, that is the subject or the target of Sanctions that broadly prohibit or restrict dealings with that country such country, region or territory (including being as of the date hereof Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of Ukraine, the Ukraine) so-called Donetsk People's Republic and the so-called Luhansk People's Republic (the each, a “Sanctioned CountriesCountry”).
(ii) The Entity represents and covenants ; that it the Issuer will not, not directly or indirectly, knowingly indirectly use the proceeds from any offering of the offeringSecurities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity, (Ai) to fund for the purpose of funding or facilitate knowingly facilitating the activities of any activities person or business of or with any Person or in any country or territory entity that, at the time of such funding or facilitation, is the subject or target of any Sanctions, when such funding or facilitating will result in the violation of Sanctions (ii) to fund or knowingly facilitate any activities of or business in any country that, at the time of such funding or facilitation, is a Sanctioned Country; or
Country or (Biii) to knowingly act in any other manner that that, at the time of such action, will result in a violation of Sanctions by any Person (including any Person participating in the offeringSanctions; and that the Group has instituted and maintain policies aimed at verifying the presence of counterparties which are subject to, whether as underwriterinter alia, advisor, investor or otherwise)Sanctions.
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and 27.2 Clause 27.1 will not engage in, apply if and to the extent that it is or would be unenforceable by reason of a violation or breach of (i) any dealings provision of Council Regulation (EC) No 2271/96 of 22 November 1996 (or transactions with any Person, law or regulation implementing such Regulation in any country or territory, that at the time member state of the dealing EU or transaction is the United Kingdom and/or any associated and applicable national law, instrument or was the subject of Sanctions regulation related thereto) or is (ii) any similar blocking or was a Sanctioned Countryanti-boycott law.
Appears in 1 contract
Sources: Paying Agency Agreement
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither None of the Company nor any Subsidiary nor, to the knowledge of its Subsidiaries (collectively, the “Entity”) orCompany, any officer, director, officeragent, employee, agent, affiliate or representative any person acting on behalf of the EntityCompany or any Subsidiary is or, is a governmentin the past five years, individualhas been (A) engaged in any services (including financial services), transfers of goods, software, or entity technology, or any other business activity related to (in this paragraph i) Cuba, Iran, North Korea, Syria or Crimea, so-called Donetsk People’s Republic, or so-called Luhansk People’s Republic regions of Ukraine (tt“Sanctioned Countries”), “Person”(ii) that isthe government of any Sanctioned Country, (iii) any person, entity or organization located in, resident in, formed under the laws of, or is owned or controlled by a Person that is:
the government of, any Sanctioned Country, or (Aiv) the any person, entity or organization made subject or target of any sanctions administered or enforced by the U.S. United States Government (including the US Department of Treasury’s , Office of Foreign Assets Control and the US Department of State), including, without limitation, the list of Specially Designated Nationals (“SDN List”) of the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”), or by the United Nations Security Council, the European Union, Her His Majesty’s Treasury-UK, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, not directly or indirectly, indirectly use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiaryof its Subsidiaries, or any joint venture partner or other Person:
(A) to fund person or facilitate any entity, for the purpose of financing the activities of or business of or with any Person person, or in any country or territory thatterritory, at the time of such funding or facilitation, that currently is the subject of Sanctions to any U.S. sanctions administered by OFAC or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offering, transaction whether as underwriter, advisor, investor or otherwise).
) of U.S. sanctions administered by OFAC; (iiiB) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country transfers of goods, technologies or territoryservices (including financial services) that may assist the governments of Sanctioned Countries or facilitate money laundering or other activities proscribed by United States laws, that at the time of the dealing rules or transaction regulations; (C) is a person, entity or was organization currently the subject of Sanctions any Sanctions; or is (D) located, organized or was a resident in any Sanctioned Country.
Appears in 1 contract
Sources: Underwriting Agreement (Larimar Therapeutics, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) locateddomiciled, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic, the Crimea Region of Ukraine, the non-government controlled areas of the Zaporizhzhia and Kherson Regions, Cuba, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the UkraineSyria) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company nor any of its the Material Subsidiaries (collectively, the “Entity”) ornor to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)Control, the United Nations Security Council, the European Union, Her His Majesty’s Treasury, the Office of the Superintendent of Financial Institutions (Canada), or pursuant to the Special Economic Measures Act (Canada) or other relevant sanctions authoritiesauthority or relevant statute, including designation on OFAC’s Specially Designated Nationals and Blocked Persons Listrule, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules regulation (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Crimea, the so-called Donetsk People’s republic and so-called Luhansk People’s Republic regions of Ukraine, Iran, North Korea, Sudan, Syria Korea and the Crimea Region of the Ukraine) (the “Sanctioned Countries”Syria).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the ProspectusProspectuses, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 1 contract
Sanctions. (i) The Company represents that, that neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or), nor to the knowledge of the Company, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, an individual or entity (in this paragraph (ttpp), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate facilitate, without an appropriate license, any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except Except as detailed described in the Registration Statement and the ProspectusProspectuses, for the past 5 five years, it the Entity has not not, without an appropriate license, knowingly engaged in, is not now engaging in, and will not engage knowingly engaged in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company it nor any of its Subsidiaries Subsidiary (collectively, the “Entity”) ornor, to the Entity’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Covered Person”) that is, or is owned or controlled by a Covered Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules authority (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)administered by OFAC.
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringknowingly use, or lend, contribute or otherwise make available such the proceeds of the offering to any subsidiary, joint venture partner or other Covered Person:
(A) to fund or facilitate any activities or business of or with any Covered Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned CountrySanctions; or
(B) in any other manner that will result in a violation of Sanctions by any Covered Person (including any Covered Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not knowingly engaged in, is not now engaging knowingly engaged in, and will not knowingly engage in, any dealings or transactions with any Covered Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned CountrySanctions.
Appears in 1 contract
Sources: Capital on Demand Sales Agreement (Know Labs, Inc.)
Sanctions. (a) Neither the Company nor, any person who owns a controlling interest in or otherwise controls the Company is: (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s TreasuryU.S. Department of State, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar authority applicable legislation or rules to the Company (as amended, collectively, “Sanctions”), nor
or (Bii) located, organized or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (Sanctions, including without limitation, the Crimea, region of the Ukraine, the so called “Donetsk People’s Republic,” the so-called “Luhansk People’s Republic,” Cuba, Iran, and North Korea; to the extent that such location, Sudanorganization, Syria or resident would result in a violation of Sanctions and (b) the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it Company will not, directly or knowingly indirectly, use the proceeds of the offeringLoans, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
, (Ai) to fund or facilitate any activities or business of or with any Person Person, or in any country or territory territory, that, at the time of such funding funding, is, or facilitationwhose government is, is the subject of Sanctions to the extent that such use of proceeds would result in a violation of Sanctions, or is a Sanctioned Country; or
(Bii) in any other manner that will would result in a violation of Sanctions by any Person (including any Person participating in the offeringLoans, whether as underwriter, advisor, investor investor, or otherwise). [SIGNATURE PAGES TO FOLLOW] The Company agrees to the terms set forth above. This Agreement is dated as of the date first written above. “Company” ATHENA TECHNOLOGY SOLUTIONS INTERMEDIATE HOLDINGS, LLC By: /s/ ▇▇▇▇ ▇▇▇▇▇ Printed Name: ▇▇▇▇ ▇▇▇▇▇ Its: Chief Financial Officer [SIGNATURE PAGE TO LOAN AUTHORIZATION AGREEMENT – ATHENA TECHNOLOGY SOLUTIONS INTERMEDIATE HOLDINGS, LLC] Accepted and agreed as of the date first written above. BANK OF MONTREAL By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇ Printed Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇ Its: Vice President [SIGNATURE PAGE TO LOAN AUTHORIZATION AGREEMENT – ATHENA TECHNOLOGY SOLUTIONS INTERMEDIATE HOLDINGS, LLC] LETTER OF CREDIT RIDER This Letter of Credit Rider is hereby made an integral part of and deemed by the parties hereto to be incorporated within the foregoing Loan Authorization Agreement, dated as of October 9, 2025 (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), between Bank of Montreal (“Lender”) and Athena Technology Solutions Intermediate Holdings, LLC, a Delaware limited liability company (the “Company”). All capitalized terms used but not defined herein shall have the meanings assigned thereto in the Agreement. In consideration of the agreement by the Lender to consider issuing a letter of credit applied for by the Company pursuant to the Agreement, the parties hereto agree as follows:
1. The Company may, in addition to requesting that the Lender make Loans under the Agreement, also request that the Lender issue standby letters of credit (the “Letters of Credit”) for the account of the Company, but in no event in an amount which exceeds the Amount of Maximum Credit. The Amount of Maximum Credit under the Agreement shall be deemed utilized by an amount equal to the sum of (i) the aggregate undrawn stated amount of the Letters of Credit plus (ii) unreimbursed draws thereunder (such sum, the “L/C Obligations”).
2. The issuance of the Letters of Credit under the Agreement shall be at the Lender’s sole discretion and shall be subject to such terms and conditions as the Company and the Lender shall mutually agree upon at the issuance thereof. The Company shall request a Letter of Credit by completing an application and reimbursement agreement therefor (an “Application”) on the standard form of the Lender’s then in use for standby of Letters of Credit.
3. No Letters of Credit will be issued by the Lender under the Agreement with a termination date later than the earlier of (i) one year from its date of issuance, subject to automatic annual renewals in the Lender’s discretion and (ii) the Expiry Date (as defined in the Application), if any, under the Application.
4. The Company shall pay to the Lender a fee for the Letters of Credit issued on behalf of the Company at a rate per annum equal to the SOFR Margin (computed on the basis of a 360 day year for the actual number of days elapsed) multiplied by the face amount of such Letters of Credit. In addition, the Company shall pay to the Lender of its standard issuance, drawing, negotiation, amendment, and other administrative fees relating to the Letters of Credit issued on behalf of the Company at the rates in effect from time to time.
5. The Letter of Credit fees or L/C Obligations described herein shall, at the option of the Company and subject to the following terms and conditions, be payable either (a) in immediately available funds on the date a Letter of Credit is drawn upon or the Letter of Credit fee is due, as applicable (the “L/C Payment Date”), or (b) by making a Loan in the amount of such Letter of Credit fees and/or L/C Obligations, which the Company hereby promises to pay in accordance with the Agreement, or (c) by any combination of the methods described in the immediately preceding clauses (a) and (b) selected by the Company which results in such methods being applied in the satisfaction in full of all Letter of Credit fees or L/C Obligations due on such L/C Payment Date:
(i) Unless the Company notifies the Lender that the Company intends to pay the Letter of Credit fees or L/C Obligations described herein due on each L/C Payment Date with funds not borrowed under the Agreement, the Company shall be deemed to have irrevocably requested a Loan on each L/C Payment Date in the amount of the fees and reimbursement obligations then due on the Letters of Credit, in each case subject to the provisions of the Agreement (other than the requirement that a Loan be in at least the Minimum Amount), which new Loan shall be applied to pay the fees and reimbursement obligations then due on the Letters of Credit. In the event the Company has elected to pay the Letter of Credit fees and L/C Obligations with funds not borrowed under the Agreement and the Company fails to make any such payment within twenty (20) days of the applicable L/C Payment Date, the Lender may in its sole discretion deem the Company to have irrevocably requested a Loan on each L/C Payment Date in the amount of the fees and reimbursement obligations then due on the Letters of Credit, in each case subject to the provisions of the Agreement (other than the requirement that a Loan be in at least the Minimum Amount), which new Loan shall be applied to pay the fees and reimbursement obligations then due on the Letters of Credit.
(ii) Each payment of Letter of Credit fees or L/C Obligations described herein by a borrowing of a Loan shall be evidenced by the Note, shall bear interest from the date made at a rate per annum equal at all times to the rate then applicable to the Loans, payable in arrears on the first Business Day of each quarter (commencing on the first of such dates following such issuance) and, subject to the provisions of Section 5 of the Agreement, on demand; provided, that the Company shall have fifteen (15) Business Days to honor any demand for payment thereunder.
(iii) In no event shall the unpaid principal balance of all Loans and the stated face amount of all Letters of Credit then outstanding, including, without limitation, each borrowing of a Loan to pay interest then due on the Loans or to pay Letter of Credit fees or L/C Obligations described herein, exceed the Amount of Maximum Credit.
6. The Entity represents representations and covenants that, except as detailed warranties of the Company in the Registration Statement Agreement shall be deemed to be made by the Company on each day an Application is executed by the Company, and shall be deemed to refer to each Application in the same manner and to the same extent as they refer to the Agreement and the ProspectusNote.
7. At any time during the term of the Agreement, for the past 5 years, it has not engaged in, is not now engaging inLender may require in writing that the Company deliver to the Lender, and the Company hereby agrees to deliver to the Lender at any such time, cash collateral to secure the Company’s obligations under the Applications in an amount equal to 105% of the amount of L/C Obligations outstanding at such time. At any time when the availability of additional Loans under the Agreement terminates pursuant to the terms thereof, the Company will not engage inno longer be permitted to request the issuance of Letters of Credit thereunder.
8. The Lender may, at its option, issue Letters of Credit at such of its branches or offices as the Lender may from time to time elect.
9. This Letter of Credit Rider shall be construed in accordance with and governed by the internal laws of the State of Illinois This Letter of Credit Rider may be executed in any dealings number of counterparts, and by the different parties on different counterpart signature pages, all of which taken together shall constitute one and the same agreement. Any of the parties hereto may execute this Letter of Credit Rider by signing any such counterpart and each of such counterparts shall for all purposes be deemed to be an original. Delivery of executed counterparts of this Letter of Credit Rider by telecopy or transactions with any Person, by e-mail transmission of an Adobe portable document format file (also known as a “PDF” file) shall be effective as originals. The words “execution,” “signed,” “signature,” and words of like import herein or in any country Loan Document or territoryin any amendment or other modification hereof or thereof shall be deemed to include electronic signatures or the keeping of records in electronic form, that at the time each of which shall be of the dealing same legal effect, validity or transaction is enforceability as a manually executed signature or was the subject use of Sanctions a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the Illinois Electronic Commerce Security Act, or is or was a Sanctioned Countryany other similar state laws based on the Uniform Electronic Transactions Act.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed disclosed in the Registration Statement and or the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttvv), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, any directordirector or officer nor, officerto the Company’s knowledge, any employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttss), “Person”) that is, or is owned or controlled by a Person that is:
: (A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules relevant sanctions authority (as amended, collectively, “Sanctions”), nor
(B) nor located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, SudanSyria, Syria the so-called Donetsk People’s Republic, the so-called Luhansk People’s Republic and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) . The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offeringoffering Perpetual Preferred Shares, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(APerson(s) to fund or facilitate any activities or business of or with any Person Person, or in any country or territory that, at the time of such funding or facilitationfacilitations, is the subject of Sanctions or is a Sanctioned Country; or
(B) Country in any other a manner that will result in a the violation of Sanctions by any Person (including any Person participating in the offeringtransactions contemplated by this Agreement, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for . For the past 5 years, it has not engaged in, in is not now engaging in, and will not engage in, in any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sources: Securities Purchase Agreement (Gorilla Technology Group Inc.)
Sanctions. (i) The Company represents that, that neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttuu), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or), any director, officerofficers, or, to the Company’s knowledge, any employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; oror
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sources: Underwriting Agreement (iBio, Inc.)
Sanctions. (i) The Company represents that, that neither the Company nor any of its Subsidiaries (collectively, the “Entity”) oror to the Company’s knowledge, any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (ttrr), “Person”) that is, or is owned or controlled by a Person that is:
(A1) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authorities, including including, without limitation, designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B2) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including including, without limitation, Cuba, Iran, North Korea, Sudan, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries”)).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A1) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country, except as authorized under applicable Sanctions; or
(B2) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions prohibiting such dealing or transaction or is or was a Sanctioned Country.
Appears in 1 contract
Sanctions. (i) The Company represents that, neither Neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, nor any director, officer, employeeor, to the knowledge of the Company, agent, employee or affiliate or representative of the Entity, is a government, individual, Company or entity any of its Subsidiaries (in this paragraph (tt), “Person”i) that is, or is controlled or 50% or more owned in the aggregate by or controlled by a Person is acting on behalf of, one or more individuals or entities that is:
(A) are currently the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s United States (including any administered or enforced by the Office of Foreign Assets Control (“OFAC”of the U.S. Department of the Treasury, the U.S. Department of State or the Bureau of Industry and Security of the U.S. Department of Commerce), the United Nations Security Council, the European Union, Her Majestyany member state of the European Union, HM’s Treasury, Treasury of the United Kingdom or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, OFAC’s Foreign Sanctions Evaders List authority in a jurisdiction in which the Company or other similar applicable legislation or rules its subsidiaries operate (as amended, collectively, “Sanctions” and such persons, “Sanctioned Persons” and each such person, a “Sanctioned Person”), nor
(Bii) is located, organized or resident in a country or territory that is is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (including at the time of this Agreement, the Crimea, so-called Donetsk People’s Republic, Kherson, so-called Luhansk People’s Republic and Zaporizhzhia regions of Ukraine, Cuba, Iran, North KoreaKorea and Syria, Sudancollectively, Syria and the Crimea Region of the Ukraine) (the “Sanctioned Countries” and each such country, a “Sanctioned Country”).
) or (iiiii) The Entity represents and covenants that it will notwill, directly or indirectly, use the proceeds of the this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
(A) to fund individual or facilitate any activities or business of or with any Person or entity in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will would result in a violation of any Sanctions by by, or would result in the imposition of Sanctions against, any Person individual or entity (including any Person individual or entity participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sources: Sales Agreement (Bridger Aerospace Group Holdings, Inc.)
Sanctions. (i) The Company represents that, neither the Company nor any of its Subsidiaries (collectively, the “Entity”) or, or any director, officer, employee, agent, affiliate or representative of the Entity, is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) the subject of any sanctions administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her His Majesty’s Treasury, or other relevant sanctions authorities, including designation on OFAC’s Specially Designated Nationals and Blocked Persons List, List or OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules (as amended, collectively, “Sanctions”), nor
(B) located, organized or resident in a country or territory that is the subject of Sanctions that broadly prohibit dealings with that country or territory (including Cuba, Iran, North Korea, SudanSyria, Syria and the Crimea Region of the Ukraine, the so-called Donetsk People’s Republic, and the so-called Luhansk People’s Republic) (the “Sanctioned Countries”).
(ii) The Entity represents and covenants that it will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any subsidiarySubsidiary, joint venture partner or other Person:
(A) to fund or facilitate any activities or business of or with any Person or in any country or territory that, at the time of such funding or facilitation, is the subject of Sanctions or is a Sanctioned Country; or
(B) in any other manner that will result in a violation of Sanctions by any Person (including any Person participating in the offering, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in the Registration Statement and the Prospectus, for the past 5 five years, it has not engaged in, is not now engaging in, and will not engage in, any dealings or transactions with any Person, or in any country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions or is or was a Sanctioned Country.
Appears in 1 contract
Sources: Underwriting Agreement (Fennec Pharmaceuticals Inc.)
Sanctions. (i) The Company represents that, neither None of the Company nor or any of its Subsidiaries (collectivelysubsidiaries, nor, to the “Entity”) orknowledge of the Company, after due inquiry, any directordirectors, officerofficers, employeeemployees, agent, affiliate affiliate, employee or representative other person associated with or acting on behalf of the Entity, Company or any of its subsidiaries is a government, individual, or entity (in this paragraph (tt), “Person”) that is, or is owned or controlled by a Person that is:
(A) currently the subject or the target of any sanctions administered or enforced by the U.S. Department of Treasury’s Government, including, without limitation, the Office of Foreign Assets Control (of the U.S. Department of the Treasury, or the U.S. Department of State and including, without limitation, the designation as a “OFAC”)specially designated national” or “blocked person,” the European Union, His Majesty’s Treasury, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authoritiesauthority, including designation on OFAC’s Specially Designated Nationals and Blocked Persons Listor a resident or incorporated or engaged in a business in an “Enemy State” pursuant to the Israeli Trade with the Enemy Ordinance, OFAC’s Foreign Sanctions Evaders List or other similar applicable legislation or rules 1939 (as amended, collectively, “Sanctions”), nor
(B) nor is the Company or any of its material subsidiaries located, organized organized, or resident in a country or territory that is the subject or target of comprehensive country-wide or territory-wide Sanctions that broadly prohibit dealings with that country or territory (including as of the date of this Agreement, Cuba, Iran, Syria, Russia, North Korea, Sudanthe Crimea region of Ukraine the so-called Donetsk People’s Republic, Syria or the so-called Luhansk People’s Republic, and the Crimea Region non-government controlled oblasts of the UkraineZaporizhzhia and Kherson) (the each a “Sanctioned CountriesJurisdiction”).
(ii) The Entity represents , and covenants that it the Company will not, not directly or indirectly, indirectly use the proceeds of the offeringoffering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other Person:
person or entity (Ai) to fund or facilitate any activities of or business of or with any Person person, or in any country or territory territory, that, at the time of such funding or facilitationfunding, is the subject or the target of comprehensive Sanctions, in violation of applicable Sanctions or is a Sanctioned Country; or
(Bii) in any other manner that will result in a violation of Sanctions by any Person person (including any Person person participating in the offeringtransactions contemplated herein, whether as underwriter, advisor, investor or otherwise).
(iii) The Entity represents and covenants that, except as detailed in of Sanctions; neither the Registration Statement and the Prospectus, for the past 5 years, it has not Company nor any of its subsidiaries is engaged in, is not now engaging inor has, and will not engage at any time in the past five years, engaged in, any dealings or transactions with or involving any Personindividual or entity that was or is, or in any country or territoryas applicable, that at the time of the such dealing or transaction is or was transaction, the subject or target of Sanctions or is or was a with any Sanctioned Country.Jurisdiction in violation of applicable Sanctions; the Company and its subsidiaries have instituted, and maintain, policies and procedures designed to promote and achieve continued compliance with Sanctions;
Appears in 1 contract
Sources: Open Market Sale Agreement (Innoviz Technologies Ltd.)