RICO Related Law definition

RICO Related Law means the Racketeer Influenced and Corrupt Organizations Act of 1970 or any other federal, state or local law for which forfeiture of assets is a potential penalty.
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Examples of RICO Related Law in a sentence

  • There are no suits, actions or proceedings pending or, to Borrower’s knowledge, threatened against Borrower or any Subsidiary, or any of the principals thereof, under a RICO Related Law.

  • There are no suits, actions or proceedings pending or threatened against Borrower or any Subsidiary, or any officer or director thereof, under a RICO Related Law.

  • Lender has reasonable cause to believe that any Collateral might be subject to forfeiture under any RICO Related Law or any of the Collateral is subject to any pledge, lien, security interest, charge or encumbrance other than in favor of Lender.

  • There are no suits, actions or proceedings pending or, to Borrower's knowledge, threatened against Borrower or any Subsidiary, or any of the principals thereof, under a RICO Related Law.

  • Lender has reasonable cause to believe that any Collateral might be subject to forfeiture under any RICO Related Law or any of the Collateral is subject to any Lien other than in favor of Lender.

  • There are no suits, actions or proceedings pending or threatened against any Borrower Party or any of the principals thereof under a RICO Related Law.

  • There are no suits, actions or proceedings pending or, to the knowledge of Borrower, threatened against Borrower or any Subsidiary, or any of the principals thereof, under a RICO Related Law.

  • There are no suits, actions or proceedings pending or, to Borrower’s knowledge, threatened against Borrower or any Material Subsidiary, or any of the principals thereof, under a RICO Related Law that, either separately or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

  • The filing of formal charges by any Governmental Agency, including without limitation, the issuance of an indictment, under a RICO Related Law against Borrower.

  • There are no suits, actions or proceedings pending or threatened against Borrower or any Subsidiary, or any of the principals thereof, under a RICO Related Law.