Common use of USA PATRIOT Act; OFAC Clause in Contracts

USA PATRIOT Act; OFAC. None of the Relevant Parties and none of their Affiliates is a Prohibited Person and each Relevant Party is in full compliance with all applicable orders, rules, regulations and recommendations of OFAC. None of the Relevant Parties and none of their members, directors, executive officers, parents or Subsidiaries: (1) is subject to U.S. or multilateral economic or trade sanctions currently in force; (2) is owned or controlled by, or act on behalf of, any governments, corporations, entities or individuals that are subject to U.S. or multilateral economic or trade sanctions currently in force; (3) is a Prohibited Person or is otherwise named, identified or described on any blocked persons list, designated nationals list, denied persons list, entity list, debarred party list, unverified list, sanctions list or other list of individuals or entities with whom U.S. persons may not conduct business, including but not limited to lists published or maintained by OFAC, lists published or maintained by the U.S. Department of Commerce, and lists published or maintained by the U.S. Department of State. Each Relevant Party has established an anti-money laundering compliance program as required by all applicable anti-money laundering laws and regulations, including without limitation the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56) (the “USA Patriot Act”) (collectively, the “Anti-Money Laundering Laws”). Lender hereby notifies each Relevant Party that Lender is required by the Patriot Act to obtain, verify and record information that identifies each Relevant Party.

USA PATRIOT Act; OFAC. None of the Relevant Loan Parties and none of their Affiliates is a Prohibited Person and at the time of the applicable Eligible Property Owner entered into or renewed a Lease Agreement with each Relevant Tenant, no such Tenant was a Prohibited Person. Each Loan Party is in full compliance with all applicable orders, rules, regulations and recommendations of OFAC. None of the Relevant Loan Parties and none of their members, directors, executive officers, parents or SubsidiariesSubsidiaries at the time of the applicable Eligible Property Owner entered into or renewed a Lease Agreement with each Tenant, no such Tenant: (1) is subject to U.S. or multilateral economic or trade sanctions currently in force; (2) is owned or controlled by, or act on behalf of, any governments, corporations, entities or individuals that are subject to U.S. or multilateral economic or trade sanctions currently in force; (3) is a Prohibited Person or is otherwise named, identified or described on any blocked persons list, designated nationals list, denied persons list, entity list, debarred party list, unverified list, sanctions list or other list of individuals or entities with whom U.S. persons may not conduct business, including but not limited to lists published or maintained by OFACthe OFAC List, lists published or maintained by the U.S. Department of Commerce, and lists published or maintained by the U.S. Department of State. Each Relevant Party Borrower has established an anti-money laundering compliance program as required by all applicable anti-money laundering laws and regulations, including without limitation the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56) (the “USA Patriot Act”) (collectively, the “Anti-Money Laundering Laws”). Administrative Agent and each Lender hereby notifies each Relevant Party Borrower that Lender is it may be required by the Patriot Act to obtain, verify and record information that identifies each Relevant PartyBorrower.

USA PATRIOT Act; OFAC. None of the Relevant Parties and none of their Affiliates is a Prohibited Person and each Relevant Party is in full compliance with all applicable orders, rules, regulations and recommendations of OFAC. None of the Relevant Parties and none of their members, directors, executive officers, parents or Subsidiaries: (1) is subject to U.S. or multilateral economic or trade sanctions currently in force; (2) is owned or controlled by, or act on behalf of, any governments, corporations, entities or individuals that are subject to U.S. or multilateral economic or trade sanctions currently in force; (3) is a Prohibited Person or is otherwise named, identified or described on any blocked persons list, designated nationals list, denied persons list, entity list, debarred party list, unverified list, sanctions list or other list of individuals or entities with whom U.S. persons may not conduct business, including but not limited to lists published or maintained by OFAC, lists published or maintained by the U.S. Department of Commerce, and lists published or maintained by the U.S. Department of State. Each Relevant Party Borrower has established an anti-money laundering compliance program as required by all applicable anti-money laundering laws and regulations, including without limitation the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56) (the “USA Patriot Act”) (collectively, the “Anti-Money Laundering Laws”). Lender hereby notifies each Relevant Party Borrower that Lender is required by the Patriot Act to obtain, verify and record information that identifies each Relevant PartyBorrower.

USA PATRIOT Act; OFAC. None of the Relevant Parties and none Seller, Guarantor or any of their Affiliates is a Prohibited Person and each Relevant Party is Seller and Guarantor are in full compliance with all applicable orders, rules, regulations and recommendations of OFAC. None of the Relevant Parties and none Seller, Guarantor or any of their respective members, directors, executive officers, parents or Subsidiaries: (1) is subject to U.S. or multilateral economic or trade sanctions currently in force; (2) is owned or controlled by, or act on behalf of, any governments, corporations, entities or individuals that are subject to U.S. or multilateral economic or trade sanctions currently in force; (3) is a Prohibited Person or is otherwise named, identified or described on any blocked persons list, designated nationals list, denied persons list, entity list, debarred party list, unverified list, sanctions list or other list of individuals or entities with whom U.S. persons may not conduct business, including but not limited to lists published or maintained by OFAC, lists published or maintained by the U.S. Department of Commerce, and lists published or maintained by the U.S. Department of State. Each Relevant Party has Seller and Guarantor have established an anti-money laundering compliance program as required by all applicable anti-money laundering laws and regulations, including including, without limitation limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56) (the “USA Patriot Act”) (collectively, the “Anti-Money Laundering Laws”). Lender . (e) Section 13(a) of the Agreement is hereby notifies amended by replacing each Relevant Party that Lender occurrence of “Seller” in each of clauses (i), (ii) and (iii) with “Guarantor”. (f) Section 13(a) of the Agreement is required further amended by replacing the Patriot Act reference of “ninety (90)” in clause (iii) with “one hundred twenty (120)”. (g) Section 13(a) of the Agreement is further amended by replacing each occurrence of “Seller” in clause (xii) with “Seller or Guarantor”. (h) Section 13(a) of the Agreement is further amended by replacing each occurrence of “Seller” in clause (xv) with “Seller or Guarantor”. (i) Section 13(p) of the Agreement is hereby amended to obtain, verify and record information that identifies each Relevant Party.read in its entirety as follows: