Sanctions; AML Laws Clause Samples
Sanctions; AML Laws. Parent will not, and will not permit any of its Subsidiaries to, directly or knowingly indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other Person to fund any activities or business of or with any Person in a manner that would result in a violation of Sanctions or AML Laws by any Person.
Sanctions; AML Laws. At any time after the Start Date of a Consignment, Counterparty becomes a Sanctioned Person or, BMO has reasonable grounds to conclude, in its sole discretion, that performance of its obligations or exercise of its rights under this Agreement and Consignments hereunder might cause BMO to violate AML Laws.