Common use of Compliance with Anti-Money Laundering Laws and Anti-Corruption Laws Clause in Contracts

Compliance with Anti-Money Laundering Laws and Anti-Corruption Laws. The Borrower, any Person directly or indirectly controlling the Borrower, any Person directly or indirectly controlled by the Borrower and, to the Borrower’s knowledge, any other Sanctions Party of any of the foregoing shall: (a) comply with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws, and shall maintain policies and procedures reasonably designed to ensure compliance with the Anti-Money Laundering and Anti-Corruption Laws, (b) conduct the requisite due diligence in connection with the transactions contemplated herein for purposes of complying with the Anti-Money Laundering Laws, (c) ensure it does not use any of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Law, and (d) ensure it does not fund any repayment of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Laws. The Borrower shall, upon the request of the Administrative Agent from time to time, provide certification of the Borrower’s compliance with this Section 5.1(w).

Appears in 5 contracts

Samples: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp)

AutoNDA by SimpleDocs

Compliance with Anti-Money Laundering Laws and Anti-Corruption Laws. The BorrowerCollateral Manager, any Person directly or indirectly controlling the BorrowerCollateral Manager, any Person directly or indirectly controlled by the Borrower Collateral Manager and, to the BorrowerCollateral Manager’s actual knowledge, any other Sanctions Party of any of the foregoing shall: (a) comply with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws, and shall maintain policies and procedures reasonably designed to ensure compliance with the Anti-Money Laundering and Anti-Corruption Laws, (b) conduct the requisite due diligence in connection with the transactions contemplated herein for purposes of complying with the Anti-Money Laundering Laws, (c) ensure it does not use any of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Law, and (d) ensure it does not fund any repayment of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Laws. The Borrower Collateral Manager shall, upon the request of the Administrative Agent from time to time, provide certification of the BorrowerCollateral Manager’s compliance with this Section 5.1(w5.3(p).

Appears in 5 contracts

Samples: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp)

Compliance with Anti-Money Laundering Laws and Anti-Corruption Laws. The BorrowerCollateral Manager, any Person directly or indirectly controlling the BorrowerCollateral Manager, any Person directly or indirectly controlled by the Borrower Collateral Manager and, to the BorrowerCollateral Manager’s actual knowledge, any other Sanctions Party of any of the foregoing shall: (a) comply with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws, and USActive 37382726.29 91 shall maintain policies and procedures reasonably designed to ensure compliance with the Anti-Money Laundering and Anti-Corruption Laws, (b) conduct the requisite due diligence in connection with the transactions contemplated herein for purposes of complying with the Anti-Money Laundering Laws, (c) ensure it does not use any of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Law, and (d) ensure it does not fund any repayment of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Laws. The Borrower Collateral Manager shall, upon the request of the Administrative Agent from time to time, provide certification of the BorrowerCollateral Manager’s compliance with this Section 5.1(w5.3(p).

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

Compliance with Anti-Money Laundering Laws and Anti-Corruption Laws. The Borrower, any Person directly or indirectly controlling the Borrower, any Person directly or indirectly controlled by the Borrower and, to the Borrower’s actual knowledge, any other Sanctions Party of any of the foregoing shall: (a) comply with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws, and shall maintain policies and procedures reasonably designed to ensure compliance with the Anti-Money Laundering and Anti-Corruption Laws, (b) conduct the requisite due diligence in connection with the transactions contemplated herein for purposes of complying with the Anti-Money Laundering Laws, (c) ensure it does not use any of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Law, and (d) ensure it does not fund any repayment of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Laws. The Borrower shall, upon the request of the Administrative Agent from time to time, provide certification of the Borrower’s compliance with this Section 5.1(w).

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

AutoNDA by SimpleDocs

Compliance with Anti-Money Laundering Laws and Anti-Corruption Laws. The Borrower, any Person directly or indirectly controlling the Borrower, any Person directly or indirectly controlled by the Borrower and, to the Borrower’s knowledge, any other Sanctions Party of any of the foregoing shall: (a) comply with all applicable Anti-Money Laundering Laws and Anti-Corruption Laws, and shall maintain policies and procedures reasonably designed to ensure compliance with the Anti-Money Laundering and Anti-Corruption Laws, (b) conduct the requisite due diligence in connection with the transactions contemplated herein for purposes of complying with the Anti-Money Laundering Laws, (c) ensure it does not use any of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Law, and (d) ensure it does not fund any repayment of the credit in violation of any Anti-Corruption Laws or Anti-Money Laundering Laws. The Borrower shall, upon the request of the Administrative Agent from time to time, provide certification of the Borrower’s compliance with this Section 5.1(w).USActive 37382726.2937382726.32 93

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.