Compliance with CTA Sample Clauses

Compliance with CTA. The Corporate Transparency Act (31 U.S.C. §5336) and its implementing regulations (collectively, the “CTA”) may require the Issuer to file certain reports with FinCEN after the date of this Agreement. It shall be the Administrator’s duty and not the Owner Trustee’s duty to cause the Issuer to make such filings and to cause the Issuer to comply with its obligations under the CTA, if any.
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Compliance with CTA. The Corporate Transparency Act (31 U.S.C. §5336) and its implementing regulations (collectively, the “CTA”) may require the Grantor Trust to file certain reports with FinCEN after the date of this Agreement. It shall be the Administrator’s duty and not the Grantor Trust Trustee’s duty to cause the Grantor Trust to make such filings and to cause the Grantor Trust to comply with its obligations under the CTA, if any. The parties hereto agree that for purposes of the CTA, the Grantor Trust Trustee acts solely as a directed trustee at the direction of the Issuer or the Administrator hereunder and that the Grantor Trust Certificateholders, the Issuer or the Administrator, as applicable, are and shall deemed to be the parties with the power and authority to exercise substantial control over the Grantor Trust.
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Compliance with CTA. The Corporate Transparency Act (31 U.S.C. §5336) and its implementing regulations (collectively, the “CTA”) may require the Issuer and/or the Grantor Trust to file certain reports with FinCEN after the date of this Agreement. It shall be the Administrator’s duty and not the Owner Trustee’s or Grantor Trust Trustee’s duty to cause the Issuer and/or the Grantor Trust to make such filings and to cause the Issuer and/or the Grantor Trust to comply with its obligations under the CTA, if any. The parties hereto agree that for purposes of the CTA, the Owner Trustee acts solely as a directed trustee at the direction of the Depositor or the Administrator hereunder and that the Certificateholders, the Depositor or the Administrator, as applicable, are and shall deemed to be the parties with the power and authority to exercise substantial control over the Issuer.
Sample 1Sample 2Sample 3See All (4)
Compliance with CTA. The CTA may require the Issuer to file certain reports with FinCEN after the date of this Agreement. It shall be the Administrator’s duty and not the duty of the Owner Trustee, the Certificate Paying Agent, the Certificate Registrar or the Indenture Trustee to cause the Issuer to make such filings, as applicable, or to cause the Issuer to comply with its obligations under the CTA, if any, and the Owner Trustee shall not have any duty to monitor the Issuer’s or the Administrator’s compliance therewith. The parties hereto (x) agree that for purposes of the CTA, the Certificateholders are and shall be deemed to be the sole direct owners of the Issuer, and (y) acknowledge that the Owner Trustee acts solely as a directed trustee at the direction of the Certificateholders and the Administrator hereunder and that one or more principals or other individuals affiliated with the Certificateholders or the Administrator shall be deemed to be the persons with the power and authority to exercise substantial control over the Issuer.
Sample 1Sample 2
Compliance with CTA. The CTA may require the Issuer to file certain reports with FinCEN after the date of this Agreement. It shall be the Administrator’s duty and not the duty of the Owner Trustee, the Certificate Paying Agent, the Certificate Registrar or the Indenture Trustee to cause the Issuer to make such filings, as applicable, or to cause the Issuer to comply with its obligations under the CTA, if any, and the Owner Trustee shall not have any duty to monitor the Issuer’s or the Administrator’s compliance therewith.
Sample 1Sample 2
Compliance with CTA. The Corporate Transparency Act (31 U.S.C. §5336) and its implementing regulations (collectively, the “CTA”) may require the Issuer to file certain reports with FinCEN after the date of this Agreement. It shall be the Depositor’s and Administrator’s duty and not the Owner Trustee’s duty to cause the Issuer to make such filings and to cause the Issuer to comply with its obligations under the CTA, if any. The parties hereto (x) agree that for purposes of the CTA, the Certificateholders are and shall be deemed to be the sole direct owners of the Issuer, and (y) acknowledge that the Owner Trustee acts solely as a directed trustee at the direction of the Certificateholders and the Administrator hereunder and that one or more principals or other individuals affiliated with the Certificateholders or the Administrator shall be deemed to be the persons with the power and authority to exercise substantial control over the Issuer.
Sample 1Sample 2
Compliance with CTA. The Corporate Transparency Act (31 U.S.C. §5336) and its implementing regulations (collectively, the “CTA”) may require the Grantor Trust to file certain reports with FinCEN after the date of this Agreement. It shall be the Administrator’s duty and not the Grantor Trust Trustee’s duty to cause the Grantor Trust to make such filings and to cause the Grantor Trust to comply with its obligations under the CTA, if any.
Sample 1
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Compliance with CTA. In the event the Corporate Transparency Act (31 U.S.C. §5336) and its implementing regulations (collectively, the “CTA”) require the Trust to file certain reports with U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) after the date of this Agreement, it shall be the Beneficiary’s duty and not the Owner Trustee’s duty to cause the Trust to make such filings and to cause the Trust to comply with its obligations under the CTA, if any. ARTICLE VI
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Related to Compliance with CTA

  • Compliance with OFAC None of the Company and its Subsidiaries or, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company and its Subsidiaries or any other person acting on behalf of the Company and its Subsidiaries, is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”), and the Company will not, directly or indirectly, use the proceeds of the Offering hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

  • Compliance with Code comply and will procure that any Operator will comply with and ensure that the Ship and any Operator will comply with the requirements of the Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security Period;

  • Compliance with Conditions All of the terms, covenants, conditions and obligations of this Agreement and each other Transaction Document required to be complied with and performed by Seller on or prior to the Closing Date shall have been duly complied with and performed in all material respects.

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