Each Borrower represents and warrants that # no Covered Entity is a Sanctioned Person and # no Covered Entity, either in its own right or through any third party, # has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; # does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or # engages in any dealings or transactions prohibited by any Anti-Terrorism Law.
Each Borrower covenants and agrees that # no Covered Entity will become a Sanctioned Person, # no Covered Entity, either in its own right or through any third party, will # have any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; # do business in or with, or derive any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; # engage in any dealings or transactions prohibited by any Anti-Terrorism Law or # use the Advances to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law, # the funds used to repay the Obligations will not be derived from any unlawful activity, # each Covered Entity shall comply with all Anti-Terrorism Laws and # the [[Organization A:Organization]] shall promptly notify the [[Organization B:Organization]] in writing upon the occurrence of a Reportable Compliance Event.
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