Violent Crime Control and Law Enforcement Act Sample Clauses

Violent Crime Control and Law Enforcement Act. By executing this Agreement, Producer represents and warrants that neither it nor any Representative is prevented from engaging in the business of insurance under the Violent Crime Control and Law Enforcement Act (18 U.S.C. § 1033 et seq.) or any other applicable Law and that Producer and Representatives are in compliance with such Act. The Violent Crime Control and Law Enforcement Act makes it a crime for individuals convicted of certain felonies and offenses to willfully engage in the business of insurance. LIBERTY recommends that Producer contact the Department of Insurance in the state or county Producer is licensed if Producer has any concerns about its ability to engage in the business of insurance. Producer shall notify LIBERTY in writing within thirty (30) days if Producer or any Representative is convicted of a felony at any time in which this Agreement is effective.
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Violent Crime Control and Law Enforcement Act. The Broker Dealer and the General Agent shall not knowingly recommend anyone to FLIAC for appointment to conduct insurance business who is disqualified from engaging in the business of insurance under 18 U.S.C. Section 1033 (Violent Crime Control and Law Enforcement Act), or who has not otherwise received consent and/or waiver from an authorized insurance regulator to engage in the business of insurance. The Broker-Dealer shall promptly notify the Distributor in writing if it becomes aware that any Agent who is appointed by FLIAC has updated his or her Form U4 to disclose a conviction that would disqualify him or her from engaging in the business of insurance under 18 U.S.C. Section 1033 (Violent Crime Control and Law Enforcement Act) and has not otherwise received the consent and/or waiver from an authorized insurance regulator to engage in the business of insurance.
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Related to Violent Crime Control and Law Enforcement Act

  • Compliance with Anti-Terrorism, Embargo, Sanctions and Anti-Money Laundering Laws Each Borrower and Operating Lessee shall comply with all Legal Requirements relating to money laundering, anti-terrorism, trade embargoes and economic sanctions, now or hereafter in effect. Upon Lender’s request from time to time during the term of the Loan, each Borrower and Operating Lessee shall certify in writing to Lender that such Borrower’s or Operating Lessee’s, as applicable, representations, warranties and obligations under Section 4.1(NN) and this Section remain true and correct and have not been breached. Each Borrower and Operating Lessee shall immediately notify Lender in writing if any representations, warranties or covenants are no longer true or have been breached or if such Borrower or Operating Lessee has a reasonable basis to believe that they may no longer be true or have been breached. In connection with such an event, such Borrower or Operating Lessee shall comply with all Legal Requirements and directives of Governmental Authorities and, at Lender’s request, provide to Lender copies of all notices, reports and other communications exchanged with, or received from, Governmental Authorities relating to such an event. Borrowers and Operating Lessee shall also promptly reimburse to Lender any and all costs and expenses incurred by Lender in evaluating the effect of such an event on the Loan and Lender’s interest in the collateral for the Loan, in obtaining any necessary license from Governmental Authorities as may be necessary for Lender to enforce its rights under the Loan Documents, and in complying with all Legal Requirements applicable to Lender as the result of the existence of such an event and for any penalties or fines imposed upon Lender as a result thereof.

  • Environment, Health, and Safety 24.4.1. The Supplier and its staff (and/or any sub-supplier and/or subcontractor) shall comply with the laws and regulations in force related to protection of the environment, the health and safety instructions applicable to the Goods and Services performed pursuant to the Contract and especially, if appropriate, to the Goodsand Services performedon any Site by a third company.

  • OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws No Loan Party or any of its Subsidiaries is in violation of any Sanctions. No Loan Party nor any of its Subsidiaries nor, to the knowledge of such Loan Party, any director, officer, employee, agent or Affiliate of such Loan Party or such Subsidiary (a) is a Sanctioned Person or a Sanctioned Entity, (b) has any assets located in Sanctioned Entities, or (c) derives revenues from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. Each of the Loan Parties and its Subsidiaries has implemented and maintains in effect policies and procedures designed to ensure compliance with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan Parties and its Subsidiaries, and to the knowledge of each such Loan Party, each director, officer, employee, agent and Affiliate of each such Loan Party and each such Subsidiary, is in compliance with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. No proceeds of any Loan made or Letter of Credit issued hereunder will be used to fund any operations in, finance any investments or activities in, or make any payments to, a Sanctioned Person or a Sanctioned Entity, or otherwise used in any manner that would result in a violation of any Sanction, Anti-Corruption Law or Anti-Money Laundering Law by any Person (including any Lender, Bank Product Provider, or other individual or entity participating in any transaction).

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