Patriot Rules definition
Examples of Patriot Rules in a sentence
It shall be an Event of Default hereunder if Borrower, any Person comprising Guarantors or any Executing Subsidiary becomes listed or any list promulgated under the Patriot Rules or is indicated, arraigned or custodially detained on charges involving money laundering or predicate crimes to money laundering.
Borrower covenants and agrees that in the event Borrower receives any notice that Borrower or any of its limited partner or general partner or affiliates, including, without limitation, Guarantors or any Executing Subsidiary, become listed on the Annex or any other list promulgated under the Patriot Rules or is indicated, arraigned or custodially detained on charges involving money laundering or predicate crimes to money laundering, Borrower shall immediately notify Agent.
Borrower covenants and agrees that in the event Borrower receives any notice that Borrower or any of its limited partner or general partner or affiliates, including, without limitation, Guarantor, Indemnitors or any Executing Subsidiary, become listed on the Annex or any other list promulgated under the Patriot Rules or is indicated, arraigned or custodially detained on charges involving money laundering or predicate crimes to money laundering, Borrower shall immediately notify Agent.
It shall be an Event of Default hereunder if Borrower, any Person comprising Guarantor, Indemnitors or any Executing Subsidiary becomes listed or any list promulgated under the Patriot Rules or is indicated, arraigned or custodially detained on charges involving money laundering or predicate crimes to money laundering.