SECTION # Compliance with Anti-Corruption Laws; Anti-Money Laundering Laws and Sanctions. The Borrower will maintain in effect and enforce policies and procedures designed to ensure compliance by the Borrower, its Subsidiaries and their respective directors, officers, employees and agents with all Anti-Corruption Laws, Anti-Money Laundering Laws and applicable Sanctions.
Section # Anti-Corruption Laws. 119116
Anti-Corruption Laws and Sanctions.
5.18OFAC; Anti-Corruption Laws 86
Section # Anti-Corruption Laws.................................................. 81
Section # Anti-Corruption Laws 9493
Section # Anti-Corruption Laws and Sanctions 89
Section # Sanctions and Anti-Corruption Concerns 66
OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws. Neither any Borrower, any Guarantor nor any of their Subsidiaries is in violation of any Sanctions. Neither any Borrower, any Guarantor nor any of their Subsidiaries nor, to the knowledge of such Borrower or Guarantor, any director, officer, employee, agent or Affiliate of such Loan Party or such Subsidiary # is a Sanctioned Person or a Sanctioned Entity, # has any assets located in Sanctioned Entities, or # 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 Borrower, each Guarantor and and any of its or their respective Subsidiaries, and to the knowledge of each such Borrower and Guarantor, each director, officer, employee, agent and Affiliate of each such Borrower and Guarantor 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).
The proceeds of any Loan shall not be used, directly or indirectly, for any purpose which would breach any applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.
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