Common use of Source of Repayment and Collateral Clause in Contracts

Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit with proceeds, or provide as collateral any property, that is directly or indirectly derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws, or that could otherwise cause the Lender or any other party to this agreement to be in violation of Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws.

Appears in 7 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

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Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit with proceeds, or provide as collateral any property, that is directly or indirectly derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws, or that could otherwise cause the Lender or any other party to this agreement Agreement to be in violation of Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws.

Appears in 4 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit Debt with proceeds, or provide as collateral any propertyProperty, that is directly or indirectly derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws AML Law or Anti-Corruption Laws, or that could otherwise cause the Lender Agent or any other party to this agreement Agreement and/or any other Loan Document to be in violation breach of Sanctions, Anti-Money Laundering Laws AML Law or Anti-Anti- Corruption Laws.

Appears in 1 contract

Samples: Loan Agreement (CaliberCos Inc.)

Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit with proceeds, or provide as collateral any property, that is directly or indirectly derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws, or that could otherwise cause the any Lender or any other party to this agreement to be in violation of Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws.

Appears in 1 contract

Samples: Warehouse Agreement (Vroom, Inc.)

Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit with proceeds, or provide as collateral any property, that is directly or indirectly derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws, or that could otherwise cause the Lender Purchaser or any other party to this agreement to be in violation of Sanctions, Anti-Money Laundering Laws or Anti-Anti- Corruption Laws.

Appears in 1 contract

Samples: Note Purchase Agreement

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Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit Loan with proceeds, or provide as collateral any property, that is is, directly or indirectly indirectly, derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws, or that could otherwise cause the Lender or any other party to this agreement Agreement to be in violation of Sanctions, Anti-Money Laundering Laws or Anti-Corruption Laws.

Appears in 1 contract

Samples: Term Loan Agreement (Invesco Real Estate Income Trust Inc.)

Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit Debt with proceeds, or provide as collateral any propertyProperty, that is directly or indirectly derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws AML Law or Anti-Corruption Laws, or that could otherwise cause the Lender or any other party to this agreement Agreement and/or any other Loan Document to be in violation breach of Sanctions, Anti-Money Laundering Laws AML Law or Anti-Corruption Laws.

Appears in 1 contract

Samples: Loan Agreement (Gaia, Inc)

Source of Repayment and Collateral. The Borrower shall not fund any repayment of the credit Debt with proceeds, or provide as collateral any propertyProperty, that is directly or indirectly or, to Borrower’s knowledge indirectly, derived from any transaction or activity that is prohibited by Sanctions, Anti-Money Laundering Laws AML Law or Anti-Corruption Laws, or that could otherwise cause the Lender or any other party to this agreement Agreement and/or any other Loan Document to be in violation breach of Sanctions, Anti-Money Laundering Laws AML Law or Anti-Corruption Laws.

Appears in 1 contract

Samples: Loan Agreement (Orion Office REIT Inc.)

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