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

Compliance with Anti-Money Laundering Laws and Anti-Terrorism Laws. Each Borrower and Borrower Subsidiary has taken, and agrees that it shall continue to take, reasonable measures (including, without limitation, the adoption of adequate policies, procedures and internal controls) appropriate to the circumstances (in any event as required by applicable Requirements of Law), to ensure that such Person is and shall be in compliance with all current and future Anti-Money Laundering Laws and Anti-Terrorism Laws and applicable Requirements of Law and governmental guidance for the prevention of terrorism, terrorist financing and drug trafficking.