USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party shall ensure, and cause each Subsidiary to ensure, that no Person who owns a controlling interest in or otherwise controls such Loan Party or Subsidiary is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and (b) comply, and cause each Subsidiary to comply, with all applicable Bank Secrecy Act (“BSA”) and anti-money laundering laws and regulations.
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Samples: Loan and Security Agreement, Loan and Security Agreement (Lawson Products Inc/New/De/)
USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party shall ensureEnsure, and cause each Subsidiary other Loan Party to ensure, that no Person who owns a controlling interest in or otherwise controls such a Loan Party or Subsidiary is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and (b) comply, and cause each Subsidiary other Loan Party to comply, with all applicable Bank Secrecy Act (“BSA”) and anti-money laundering laws and regulations.
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Samples: Loan and Security Agreement (Broadwind Energy, Inc.), Loan and Security Agreement (Katy Industries Inc)
USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party shall ensure(a) Ensure, and cause each Subsidiary other Loan Party to ensure, that no Person who owns a controlling interest in or otherwise controls such a Loan Party or Subsidiary is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and (b) comply, and cause each Subsidiary other Loan Party to comply, with all applicable Bank Secrecy Act (“BSA”) and anti-money laundering laws and regulations, including, without limitation, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada).
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Samples: Loan and Security Agreement (Manitex International, Inc.)
USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party shall ensureEnsure, and cause each Subsidiary other Loan Party to ensure, that no Person who owns a controlling interest in or otherwise controls such a Loan Party or Subsidiary is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“"OFAC”"), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and (b) comply, and cause each Subsidiary other Loan Party to comply, with all applicable Bank Secrecy Act (“"BSA”") and anti-money laundering laws and regulations.
Appears in 1 contract
Samples: Loan and Security Agreement (Broadwind Energy, Inc.)
USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party shall ensure(a) Ensure, and cause each Subsidiary other Loan Party to ensure, that no Person who owns a controlling interest in or otherwise controls such a Loan Party or Subsidiary is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and and
(b) comply, and cause each Subsidiary other Loan Party to comply, with all applicable Bank Secrecy Act (“"BSA”") and anti-money laundering laws and regulations. 12.12. Reserved.
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USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party The Borrowers shall ensure, and cause each Subsidiary other Loan Party to ensure, that (a) no Person who owns a controlling interest in or otherwise controls such a Loan Party or Subsidiary is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and (b) comply, and cause each Subsidiary other Loan Party to comply, with all applicable Bank Secrecy Act (“BSA”) and anti-money laundering laws and regulationsregulations of any applicable jurisdiction.
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Samples: Loan and Security Agreement (Westmoreland Resource Partners, LP)
USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party The Borrowers shall ensure, and cause each Subsidiary other Borrower to ensure, that no Person who owns a controlling interest in or otherwise controls such Loan Party or Subsidiary a Borrower is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and (b) comply, and cause each Subsidiary other Borrower to comply, with all applicable Bank Secrecy Act (“BSA”) and anti-money laundering laws and regulations.. Table of Contents
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USA Patriot Act, Bank Secrecy Act and Office of Foreign Asset Control. Each Loan Party shall ensure(a) Ensure, and cause each Subsidiary other Loan Party to ensure, that no Person who owns a controlling interest in or otherwise controls such a Loan Party or Subsidiary is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders, and and
(b) comply, and cause each Subsidiary other Loan Party to comply, with all applicable Bank Secrecy Act (“"BSA”") and anti-money laundering laws and regulations.
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