Common use of USA PATRIOT Act; OFAC Clause in Contracts

USA PATRIOT Act; OFAC. (a) To the extent applicable, each of Holdings, the Borrower and its Subsidiaries is in compliance in all material respects with (i) the Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended), and any other enabling legislation or executive order relating thereto, and (ii) the PATRIOT Act.

Appears in 2 contracts

Samples: Credit Agreement (Verso Paper Holdings LLC), Loan Agreement (Verso Paper Holdings LLC)

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USA PATRIOT Act; OFAC. (a) To the extent applicable, each of Holdings, the Borrower and its Subsidiaries subsidiaries is in compliance in all material respects with (i) the Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended), and any other enabling legislation or executive order relating thereto, and (ii) the USA PATRIOT Act.

Appears in 2 contracts

Samples: Joinder Agreement (Verso Corp), Assignment and Acceptance Agreement (Verso Corp)

USA PATRIOT Act; OFAC. (a) To the extent applicable, each of Holdings, the Borrower BorrowerLoan Parties and its Subsidiaries itsthe subsidiaries is in compliance in all material respects with (i) the Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended), and any other enabling legislation or executive order relating thereto, and (ii) the USA PATRIOT Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verso Corp)

USA PATRIOT Act; OFAC. (a) To the extent applicable, each of Holdings, the Borrower BorrowerLoan Party and its Subsidiaries itsthe subsidiaries is in compliance in all material respects with (i) the Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended), and any other enabling legislation or executive order relating thereto, and (ii) the USA PATRIOT Act.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Verso Corp)

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USA PATRIOT Act; OFAC. (a) To the extent applicable, each of Holdings, the Borrower and its Subsidiaries is in compliance in all material respects with (i) the Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended), and any other enabling legislation or executive order relating thereto, and (ii) the USA PATRIOT Act.

Appears in 1 contract

Samples: Contribution Agreement (Verso Paper Holdings LLC)

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