Subject Laws has the meaning assigned to such term in Section 4.01(f).
Subject Laws means the (a) Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto, and (b) Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA Patriot Act of 2001, as amended) (the “Patriot Act”).
Subject Laws is defined in Section 4.1(cc).
Examples of Subject Laws in a sentence
It shall not utilize directly or indirectly the proceeds of any Advance for the benefit of any Person whose name appears on the List of Specially Designated Nationals and Blocked Persons maintained by OFAC, and shall maintain and require that the Servicer maintain, internal controls and procedures designed to ensure its continued compliance with the applicable provisions of the Subject Laws.
More Definitions of Subject Laws
Subject Laws has the meaning set forth in Section 3.21;
Subject Laws means the regulations and rules promulgated by the U.S. Department of Treasury and/or administered by OFAC, including U.S. Executive Order No. 13224, and other related statutes, laws and regulations.
Subject Laws shall have the meaning set forth in Section 1.4(c).
Subject Laws is defined in Section 4.1(cc). “Subsidiary” means, with respect to any Person, any corporation, limited liability company, trust, or other Person (a) of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other Persons performing similar functions are at the time directly or indirectly owned by such Person or (b) that is directly or indirectly controlled by such Person within the meaning of control under Section 15 of the Securities Act of 1933, as amended. Anything herein to the contrary notwithstanding, the term “Subsidiary” shall not include (x) the Joint Venture or (y) any Person that constitutes an investment held by the Borrower in the ordinary course of business and that is not, under GAAP, consolidated on the financial statements of the Borrower. “Swingline Advance” means any swingline loan made by the Swingline Lender to the Borrower pursuant to Section 2.2(f) and all such swingline loans collectively as the context requires.
Subject Laws means (W) the laws of the state of New York, (X) the general corporation law of the State of Delaware, (Y) the limited liability company act of the State of Delaware, and (Z) the federal laws of the United States normally applicable, in the experience of such counsel, to transactions of the type contemplated by this Agreement;
Subject Laws has the meaning assigned to such term in Section 4.01(f). “Successor Collateral Management Fee” means the monthly fee, accruing from the date a Successor Collateral Manager becomes the Collateral Manager, payable in arrears on each Payment Date for the related Interest Accrual Period, in an amount equal to 0.35% per annum (calculated on the basis of a 360 day year and the actual number of days elapsed) of the Monthly Asset Amount. “Successor Collateral Manager” has the meaning assigned to such term in Section 11.09(a). “Taxes” has the meaning assigned to such term in Section 16.03(a). “Tax Jurisdiction” means any of the Netherlands Antilles, Bermuda, the Cayman Islands, the British Virgin Islands, the Channel Islands, Jersey, the Isle of Man or the Bahamas; provided, in the case of an Obligor organized or incorporated in a Tax Jurisdiction, that in the Collateral Manager’s good faith estimate, a substantial portion of the assets, revenues or operations supporting the related Collateral Loan are directly or through subsidiaries located in, or are obligations of (i) Obligors organized or incorporated in the United States or Canada or (ii) Approved Foreign Obligors (other than those that constitute Tax Jurisdictions). “Term SOFR” means, for the applicable corresponding tenor,has the meaning provided in the definition of “Adjusted Term SOFR Rate.” “Term SOFR Administrator” means CBA (or a successor administrator of the Term SOFR Reference Rate, as selected by the Administrative Agent in its reasonable discretion). “Term SOFR Index Adjustment” means a percentage equal to (a) for a Tranche Period of one month, 0.11448%; and (b) for a Tranche Period of three months, 0.26161%. “Term SOFR Reference Rate” means the forward-looking term rate based on SOFR that
Subject Laws has the meaning ascribed thereto in Section 1.25 of Schedule C hereto;