Anti-Corruption Laws and Sanctions. Borrower, its Subsidiaries and, to the knowledge of Borrower, their respective officers, employees, and directors, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects. None of # Borrower or, to the knowledge of Borrower, any Subsidiary thereof, any of their respective directors, officers or employees, or # to the knowledge of Borrower, any agent of Borrower or any Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, is a Sanctioned Person. No Borrowing, use of proceeds or issuance of a Letter of Credit will violate Anti-Corruption Laws or applicable Sanctions.

​ has implemented and maintains in effect policies and procedures reasonably designed to promote and achieve compliance by ​, its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, and ​, its Subsidiaries and their respective officers and directors and to the knowledge of ​ its employees and agents are in compliance with Anti-Corruption Laws and Sanctions in all material respects. Neither ​ nor any of its Subsidiaries, nor to the knowledge of ​ and its Subsidiaries, any director, officer, employee, agent, Affiliate or representative thereof, is Sanctioned Person, nor is ​ or any Subsidiary located, organized or resident in an Embargoed Jurisdiction. No Loan or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will violate any Anti-Corruption Law or applicable Sanctions.

Article # EVENTS OF DEFAULT AND REMEDIES ........................................................................... 69

Anti-Corruption Laws and Sanctions. Arrow has implemented and maintains in effect policies and procedures designed to ensure compliance by Arrow, any Person that is an Affiliate of Arrow under [clause (ii)] of the definition of Affiliate, its Subsidiaries and its directors, officers, employees and, to the extent commercially reasonable, agents with Anti-Corruption Laws and applicable Sanctions. Arrow, its Affiliates, Subsidiaries and officers and employees and, to the knowledge of Arrow, its directors and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects. None of # Arrow, any Affiliate or any Subsidiary or, to the knowledge of Arrow, any of their respective directors, officers or employees, or # to the knowledge of Arrow, any agent of Arrow, any Affiliate or any Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, is a Sanctioned Person. The transactions contemplated by this Agreement will not violate Anti-Corruption Laws or applicable Sanctions.

Anti-Corruption Laws and Sanctions. Neither the Master Servicer nor the SPV shall request or use the proceeds of any Investment or Reinvestment, or permit any of its respective directors, officers, employees and agents to use the proceeds of any Investment or Reinvestment # in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, # for the purpose of funding or financing any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country or # in any other manner that would result in liability to any party hereto under any applicable Sanctions or the violation of any Sanctions by any such Person.

None of the Borrower or its Subsidiaries, Affiliates, officers, directors, employees or agents will engaged in any dealings or transactions with any Sanctioned Person or in violation of any applicable Anti-Corruption Laws, Anti-Terrorism Laws or Sanctions.

Anti-Corruption Laws. The Loan Parties and their Subsidiaries have conducted their business in compliance with the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010 and other similar anti-corruption legislation in other jurisdictions, and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.

Conduct its business in compliance with the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010 and other similar anti-corruption legislation in other jurisdictions and maintain policies and procedures designed to promote and achieve compliance with such laws.

Directly or indirectly, use any Credit Extension or the proceeds of any Credit Extension for any purpose which would breach the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010 and other similar anti-corruption legislation in other jurisdictions.

The Partnership, its Subsidiaries and each of their respective officers and employees and their directors and agents, are in compliance with applicable Anti-Corruption Laws, Anti-Money Laundering Laws, and Sanctions. Neither the Partnership, its Subsidiaries, or any of their respective directors, officers, employees, or, to the knowledge of any Borrower, agents is a Sanctioned Person. Each of the Partnership and its Subsidiaries has implemented and maintains in effect policies and procedures reasonably designed to promote and achieve compliance by the Partnership, its Subsidiaries, and their respective directors, officers, employees, and agents with applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.