Common use of Compliance with OFAC Sanctions Programs Clause in Contracts

Compliance with OFAC Sanctions Programs. (a) Except as could reasonably be expected to not have a Material Adverse Effect, each of the Parent and the Borrower shall at all times materially comply with the requirements of all OFAC Sanctions Programs applicable to the Parent and the Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Smart Balance, Inc.), Credit Agreement (Smart Balance, Inc.)

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Compliance with OFAC Sanctions Programs. (a) Except as could not reasonably be expected to not have a Material Adverse Effect, each of the Parent and the each Borrower shall at all times materially comply with the requirements of all OFAC Sanctions Programs applicable to the Parent and the any Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Boulder Brands, Inc.), Credit Agreement (Boulder Brands, Inc.)

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Compliance with OFAC Sanctions Programs. (a) Except as could reasonably be expected to not have a Material Adverse Effect, each of the Parent and the each Borrower shall at all times materially comply with the requirements of all OFAC Sanctions Programs applicable to the Parent and the any Borrower and shall cause each of its Subsidiaries to comply with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Smart Balance, Inc.)

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