Use, and shall ensure that its or their respective directors, officers, employees and, to the knowledge of , agents, shall not use the proceeds of the Loans or the Letters of Credit directly, or to the knowledge of , indirectly # for any purpose which would violate Anti-Corruption Laws, # to fund, finance or facilitate any activities, business or transaction of or with any Sanctioned Person, or with or in any Embargoed Jurisdiction, where such actions would constitute a violation of applicable Sanctions if conducted by a corporation incorporated in the United States, the United Kingdom or a European Union member state or # in any other manner that would result in a violation of any applicable Sanctions by any party hereto.
Anti-Corruption Laws and Sanctions. has implemented and maintains in effect policies and procedures designed to ensure 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 applicable Sanctions in all material respects and, in the case of the Subsidiary Borrower, is not knowingly engaged in any activity that could reasonably be expected to result in the Subsidiary Borrower being designated as a Sanctioned Person. None of # , any Subsidiary or to the knowledge of or such Subsidiary any of their respective directors, officers or employees, or # to the knowledge of , any agent of or any Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, is a Sanctioned Person. None of the execution, delivery and performance by the Loan Parties of this Agreement and the other Loan Documents, the borrowing of Loans and other credit extensions, the use of the proceeds thereof or the issuance of Letters of Credit hereunder will violate Anti-Corruption Laws or applicable Sanctions.
The Company and, to the best of its knowledge, its controlled affiliated companies and their respective directors, officers, employees, and agents are conducting their business in
The Company shall not, and shall ensure that none of its controlled affiliated companies will, directly or, to the Companys knowledge, indirectly use the proceeds of Credit Extensions hereunder:
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.
“Anti-Corruption Laws” means the # United States Foreign Corrupt Practices Act of 1977, as amended, # the United Kingdom Bribery Act of 2010 and any applicable anti-bribery or anti-corruption related provisions and/or anti-bribery, and corruption and/or anti-money laundering laws of any jurisdiction in which a Borrower conducts business.
“Anti-Corruption Laws” shall mean all laws, rules and regulations of any jurisdiction applicable to the Borrower or its Subsidiaries concerning or relating to bribery or anti-corruption.
OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws. Each Loan Party will, and will cause each of its Subsidiaries to, comply with all applicable Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan Parties and its Subsidiaries shall implement and maintain in effect policies and procedures reasonably designed to ensure compliance by the Loan Parties and their Subsidiaries and their respective directors, officers, employees, agents and Affiliates with Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.