Foreign Asset Control Regulations, Etc. Neither the purchase of the Notes by the Investors nor any use of the proceeds thereof will violate the Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto. None of the Company or the Subsidiaries (i) is a Person described or designated in the Specially Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or in Section 1 of the Anti-Terrorism Order or (ii) engages in any dealings or transactions with any such Person. The Company and the Subsidiaries are in compliance, in all material respects, with the USA Patriot Act. No proceeds of the purchase of the Notes by the Investors will be used, directly or indirectly, for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended, assuming in all cases that such Act applies to the Company or the Subsidiaries.
Appears in 2 contracts
Sources: Note Purchase Agreement (Pedevco Corp), Note Purchase Agreement (Pedevco Corp)
Foreign Asset Control Regulations, Etc. (a) Neither the purchase sale of the Notes by the Investors Company hereunder nor any its use of the proceeds thereof will violate the Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto. .
(b) None of the Company Obligors or the Subsidiaries (i) is a Person described or designated in the Specially Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or in Section 1 of the Anti-Terrorism Order or (ii) engages in any dealings or transactions with any such Person. The Company Obligors and the Subsidiaries are in compliance, in all material respects, with the USA Patriot Act. .
(c) No proceeds part of the purchase proceeds from the sale of the Notes by the Investors hereunder will be used, directly or indirectly, for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended, assuming in all cases that such Act applies to the Company or the SubsidiariesObligors.
Appears in 2 contracts
Sources: Note Purchase Agreement (Glori Energy Inc.), Note Purchase Agreement (Glori Energy Inc.)
Foreign Asset Control Regulations, Etc. (a) Neither the purchase sale of the Notes Securities by the Investors Company hereunder nor any its use of the proceeds thereof will violate the Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto. None of the .
(b) The Company or the Subsidiaries (i) is not a Person described or designated in the Specially Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or in Section 1 of the Anti-Terrorism Order or and (ii) engages does not engage in any dealings or transactions with any such Person. The Company and the Subsidiaries are is in compliance, in all material respects, with the USA Patriot Act. .
(c) No proceeds part of the purchase proceeds from the sale of the Notes by the Investors Securities hereunder will be used, directly or indirectly, by the Company for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended, assuming in all cases that such Act applies to the Company or the SubsidiariesCompany.
Appears in 1 contract
Sources: Transfer, Assignment and Assumption Agreement (Myriant Corp)
Foreign Asset Control Regulations, Etc. (a) Neither the purchase making of the Notes by Credit Extensions hereunder nor the Investors nor any use of the proceeds thereof will violate the Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto. None of the Company or the Subsidiaries .
(b) No Group Member (i) is a Person described or designated in the Specially Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or in Section 1 of the Anti-Terrorism Order or (ii) engages in any dealings or transactions with any such Person. The Company and the Subsidiaries are Each Group Member is in compliance, in all material respects, with the USA Patriot Act. .
(c) No proceeds part of the purchase of proceeds from the Notes by the Investors Credit Extensions will be used, directly or indirectly, for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended, assuming in all cases that such Act applies to the Company or the SubsidiariesBorrower.
Appears in 1 contract
Foreign Asset Control Regulations, Etc. Neither the purchase of the Notes by the Investors Investor nor any use of the proceeds thereof will violate the Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto. None of the Company or the Subsidiaries (i) is a Person described or designated in the Specially Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or in Section 1 of the Anti-Terrorism Order or (ii) engages in any dealings or transactions with any such Person. The Company and the Subsidiaries are in compliance, in all material respects, with the USA Patriot Act. No proceeds of the purchase of the Notes by the Investors Investor will be used, directly or indirectly, for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended, assuming in all cases that such Act applies to the Company or the Subsidiaries.
Appears in 1 contract
Sources: Note Purchase Agreement (Blast Energy Services, Inc.)