Common use of Anti-Corruption Laws; Anti-Money Laundering Laws and Sanctions Clause in Contracts

Anti-Corruption Laws; Anti-Money Laundering Laws and Sanctions. (a) The Borrower has implemented, and maintains and enforces, policies and procedures designed to promote and achieve compliance with applicable Anti-Corruption Laws and applicable Sanctions. No Loan Party or any of its Subsidiaries or, to the knowledge of the Borrower, any of their respective officers, directors, employees or agents that will act in any capacity in connection with or benefit from the Loans is a Sanctioned Person.

Appears in 5 contracts

Samples: Credit Agreement (Vici Properties Inc.), Credit Agreement (MGM Growth Properties Operating Partnership LP), Credit Agreement (MGM Growth Properties Operating Partnership LP)

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Anti-Corruption Laws; Anti-Money Laundering Laws and Sanctions. (a) The Borrower has implementedand its Subsidiaries and to its knowledge its directors, officers and maintains employees, have conducted its business in compliance in all material respects with Anti-Corruption Laws, Anti-Money Laundering Laws and enforces, applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with applicable Anti-Corruption Laws and applicable Sanctions. No Loan Party or any of its Subsidiaries or, to the knowledge of the Borrower, any of their respective officers, directors, employees or agents that will act in any capacity in connection with or benefit from the Loans is a Sanctioned Personsuch laws.

Appears in 1 contract

Samples: Credit Agreement (Synchronoss Technologies Inc)

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