Common use of Compliance with OFAC Rules and Regulations Clause in Contracts

Compliance with OFAC Rules and Regulations. Neither the Borrower, nor any Affiliate of the Borrower (i) is a Sanctioned Person, (ii) has any assets in Sanctioned Countries, or (iii) derives any of its operating income from investments in, or transactions with Sanctioned Countries or with one or more Persons whom it knows to be a Sanctioned Person. No part of the proceeds of the Loan will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, nor any Subsidiary or, to Borrower’s knowledge, any Affiliate of the Borrower (i) is a Sanctioned Person, (ii) has any of its assets in Sanctioned Countries, or (iii) derives any of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, nor any Affiliate of the The Borrower (ia) is not a Sanctioned Person, (iib) has does not have any of its assets in Sanctioned Countries, or and (iiic) derives does not derive any of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, Borrower nor any Affiliate of the Borrower its Subsidiaries or Affiliates (i) is a Sanctioned Person, (ii) has any more than 15% of its assets in Sanctioned Countries, or (iii) derives any more than 15% of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan or Facility LC will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, Borrower nor any Affiliate of the Borrower Subsidiary (ia) is a Sanctioned Person, (iib) has any of its assets in Sanctioned Countries, Countries or (iiic) derives any of its operating income from investments in, or transactions with with, Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, nor any Subsidiary nor any Affiliate of the Borrower (i) is a Sanctioned Person, (ii) has any assets in Sanctioned Countries, or (iii) derives any of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the BorrowerBorrowers, nor any Subsidiary nor any Affiliate of the Borrower Borrowers (i) is a Sanctioned Person, (ii) has any assets in Sanctioned Countries, or (iii) derives any of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, Borrower nor any Affiliate of the Borrower its Subsidiaries or Affiliates (i) is a Sanctioned Person, (ii) has any more than 15% of its assets in Sanctioned Countries, or (iii) derives any more than 15% of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, nor any Subsidiary of Borrower or, to Borrower's knowledge, any Affiliate of the Borrower (i) is a Sanctioned Person, (ii) has any assets in Sanctioned Countries, or (iii) derives any of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the Loan any Borrowing hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, Borrower nor any Affiliate of the Borrower Subsidiary (ia) is a Sanctioned Person, (iib) has any of its assets in Sanctioned Countries, Countries or (iiic) derives any of its operating income from investments in, or transactions with with, Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Term Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither None of Holdings, the Borrower or any of the Borrower, nor any Affiliate of the Borrower ’s Subsidiaries (ia) is a Sanctioned Person, (iib) has any of its assets in Sanctioned Countries, Countries or (iiic) derives any of its operating income from investments in, or transactions with with, Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

Compliance with OFAC Rules and Regulations. Neither the Borrower, Borrower nor any Affiliate of the Borrower its Subsidiaries nor their respective Affiliates (ia) is a Sanctioned Person, (iib) has any more than 15% of its assets in Sanctioned Countries, or (iiic) derives any more than 15% of its operating income from investments in, or transactions with Sanctioned Countries Persons or with one or more Persons whom it knows to be a Sanctioned PersonCountries. No part of the proceeds of the any Loan or extension of credit hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.