Common use of Anti-Terrorism Compliance Clause in Contracts

Anti-Terrorism Compliance. No portion of the proceeds of the Loan will be used, are needed, or will be invested by the Credit Parties, any Affiliates of Borrower, or Guarantor, in order to support international terrorism or activities that may contravene U.S. federal, state as well as, to Borrower’s knowledge, German or European Union anti-money laundering laws and regulations. Borrower understands and hereby acknowledges that Agent and Lenders have certain anti-money laundering responsibilities under various laws and regulations of the United States of America, the Federal Republic of Germany and the European Union and shall deliver to Agent, in each case, as reasonably requested by Agent and/or any Lender or, to the extent any Credit Party has the right to obtain such information, as requested by governmental entities administering such laws and regulations, information regarding any Credit Party’s direct and indirect beneficial owners’ identities or sources of funds or other similar information and may seek to ensure that representatives or direct or indirect beneficial owners of Borrower and Operating Company are not named on one of the Government Lists or similar lists maintained by the Federal Republic of Germany or by the European Union. Borrower agrees, upon the reasonable request of Agent and/or any Lender, to provide and to cause the other Credit Parties to provide to Agent and/or such Lender additional information as may be necessary or advisable in order to satisfy their anti-money laundering responsibilities under various laws and regulations of the United States of America, the Federal Republic of Germany and the European Union.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Empire State Realty Trust, Inc.), Loan Agreement (Empire State Building Associates L.L.C.)

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