Common use of SDN LIST Clause in Contracts

SDN LIST. Lessee and Lessor each represents and warrants to the other party that to the warranting party’s knowledge the warranting party is not, and the entities or individuals that constitute the warranting party, that may own or control the warranting party, or that may be owned or controlled by the warranting party (in all cases, other than through the ownership of publicly traded, direct or indirect ownership interests) (each a “Subject Party’) are not, (i) in violation of any laws relating to terrorism or money laundering, or (ii) among the individuals or entities identified on any list compiled pursuant to Executive Order 13224 or published by the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”) for the purpose of identifying suspected terrorists or on the most current list published by the OFAC at its official website, xxxx://xxx.xxxxx.xxx/ofac/tllsdn.pdf or any replacement website or other replacement official publication of such list which identifies an “Specially Designated National” or “blocked person” (either of which are referred to herein as a “SDN”). If at any time during the Lease Term the other party discovers that the warranting party has breached the foregoing representations and warranties, or the other party reasonably believes that the warranting party or any Subject Party is in violation of any laws relating to terrorism or money laundering or that the warranting party or any Subject Party is identified as an SDN, the warranting party Lessee shall be deemed in default under this Lease following three (3) business days written notice from other party to the warranting party unless, within such three day period, the warranting party delivers written evidence, reasonably acceptable to other party, that the warranting party is not in violation of such laws or that the warranting party (or the Subject Party, as applicable) is not a person or entity identified as an SDN. Except as otherwise expressly provided in the foregoing sentence, and without further notice, any default by Lessee under this Paragraph 35 shall be deemed an incurable default by Lessee and, in addition to any other rights and remedies that Lessor may have upon such default, Lessor shall also have the right to immediately terminate this Lease upon written notice to Lessee and recover possession of the Premises.

SDN LIST. Lessee and Lessor each represents and warrants to the other party Lessor that to the warranting party’s knowledge the warranting party Lessee is not, and the entities or individuals that constitute the warranting party, that may own or control the warranting partyLessee, or that may be owned or controlled by the warranting party Lessee (in all cases, other than through the ownership of publicly traded, direct or indirect ownership interests) (each a “Subject Lessee Party’”) are not, (i) in violation of any laws Applicable Laws relating to terrorism or money laundering, or (ii) among the individuals or entities identified on any list compiled pursuant to Executive Order 13224 or published by the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”) for the purpose of identifying suspected terrorists or on the most current list published by the OFAC at its official website, xxxx://xxx.xxxxx.xxx/ofac/tllsdn.pdf hxxx://xxx.xxxxx.xxx/xxxx/tllsdn.pdf or any replacement website or other replacement official publication of such list which identifies an “Specially Designated National” or “blocked person” (either of which are referred to herein as a “SDN”). If at any time during the Lease Term the other party Lessor discovers that the warranting party Lessee has breached the foregoing representations and warranties, or the other party Lessor reasonably believes that the warranting party Lessee or any Subject Lessee Party is in violation of any laws Applicable Laws relating to terrorism or money laundering or that the warranting party Lessee or any Subject Lessee Party is identified as an SDN, the warranting party Lessee shall be deemed in default under this Lease following three (3) business days written notice from other party Lessor to the warranting party Lessee unless, within such three day period, the warranting party Lessee delivers written evidence, reasonably acceptable to other partyLessor, that the warranting party Lessee is not in violation of such laws Applicable Laws or that the warranting party Lessee (or the Subject Lessee Party, as applicable) is not a person or entity identified as an SDN. Except as otherwise expressly provided in the foregoing sentence, and without further notice, any default by Lessee under this Paragraph 35 shall be deemed an incurable default by Lessee and, in addition to any other rights and remedies that Lessor may have upon such default, Lessor shall also have the right to immediately terminate this Lease upon written notice to Lessee and recover possession of the Premises.

SDN LIST. Lessee and Lessor each represents and warrants to the other party Lessor that to the warranting party’s knowledge the warranting party Lessee is not, and the entities or individuals that constitute the warranting partyLessee, that may own or control the warranting partyLessee, or that may be owned or controlled by the warranting party Lessee (in all cases, other than through the ownership of publicly traded, direct or indirect ownership interests) (each a “Subject Lessee Party’”) are not, (i) in violation of any laws relating to terrorism or money laundering, or (ii) among the individuals or entities identified on any list compiled pursuant to Executive Order 13224 or published by the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”) for the purpose of identifying suspected terrorists or on the most current list published by the OFAC at its official website, xxxx://xxx.xxxxx.xxx/ofac/tllsdn.pdf or any replacement website or other replacement official publication of such list which identifies an “Specially Designated National” or “blocked person” (either of which are referred to herein as a “SDN”). If at any time during the Lease Term the other party Lessor discovers that the warranting party Lessee has breached the foregoing representations and warranties, or the other party Lessor reasonably believes that the warranting party Lessee or any Subject Lessee Party is in violation of any laws relating to terrorism or money laundering or that the warranting party Lessee or any Subject Lessee Party is identified as an SDN, the warranting party Lessee shall be deemed in default under this Lease following three (3) business days written notice from other party Lessor to the warranting party Lessee unless, within such three day period, the warranting party Lessee delivers written evidence, reasonably acceptable to other partyLessor, that the warranting party Lessee is not in violation of such laws or that the warranting party Lessee (or the Subject Lessee Party, as applicable) is not a person or entity identified as an SDN. Except as otherwise expressly provided in the foregoing sentence, and without further notice, any default by Lessee under this Paragraph 35 shall be deemed an incurable default by Lessee and, in addition to any other rights and remedies that Lessor may have upon such default, Lessor shall also have the right to immediately terminate this Lease upon written notice to Lessee and recover possession of the Premises.

SDN LIST. Lessee and Lessor each represents and warrants to the other party Lessor that to the warranting party’s knowledge the warranting party Lessee is not, and the entities or individuals that constitute the warranting partyLessee, that may own or control the warranting partyLessee, or that may be he owned or controlled by the warranting party Lessee (in all cases, other than through the ownership of publicly traded, direct or indirect ownership interests) (each a “Subject Lessee Party’”) are not, (i) in violation of any laws relating to terrorism or money laundering, or (ii) among the individuals or entities identified on any list compiled pursuant to Executive Order 13224 or published by the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”) for the purpose of identifying suspected terrorists or on the most current list published by the OFAC at its official website, xxxx://xxx.xxxxx.xxx/ofac/tllsdn.pdf or any replacement website or other replacement official publication of such list which identifies an “Specially Designated National” or “blocked person” (either of which are referred to herein as a “SDN”). If at any time anytime during the Lease Term the other party Lessor discovers that the warranting party Lessee has breached the foregoing representations and warranties, or the other party Lessor reasonably believes that the warranting party Lessee or any Subject Lessee Party is in violation of any laws relating to terrorism or money laundering or that the warranting party Lessee or any Subject Lessee Party is identified as an SDN, the warranting party Lessee shall be deemed in default under this Lease following three (3) business days written notice from other party Lessor to the warranting party Lessee unless, within such three day period, the warranting party Lessee delivers written evidence, reasonably acceptable to other partyLessor, that the warranting party Lessee is not in violation of such laws or that the warranting party Lessee (or the Subject Lessee Party, as applicable) is not a person or entity identified as an SDN. Except as otherwise expressly provided in the foregoing sentence, and without further notice, any default by Lessee under this Paragraph 35 37 shall be deemed an incurable default by Lessee and, in addition to any other rights and remedies that Lessor may have upon such default, Lessor shall also have the right to immediately terminate this Lease upon written notice to Lessee and recover possession of the Premises.