Common use of Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws Clause in Contracts

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. The Borrowers covenant and agree that (A) they shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to Administrative Agent and each of the Lenders, upon request by Administrative Agent or any of the Lenders, the Borrowers shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 6 contracts

Samples: Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.)

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Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (a) The Borrowers Loan Parties covenant and agree that (A) they shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to Administrative the Agent and each of the Lenders, upon request by Administrative the Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 4 contracts

Samples: Credit and Security Agreement (Virco MFG Corporation), Security Agreement (Babcock & Wilcox Enterprises, Inc.), Security Agreement (Ampco Pittsburgh Corp)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. The Borrowers covenant and agree that (A) they they, and such Borrower’s General Partner, if applicable, shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to Administrative Agent and each of the Lenders, upon request by Administrative Agent or any of the Lenders, the Borrowers shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 4 contracts

Samples: Revolving Credit and Security Agreement (Golub Capital Direct Lending Corp), Revolving Credit and Security Agreement (Golub Capital Direct Lending Corp), Revolving Credit and Security Agreement (Golub Capital Direct Lending Corp)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (i) The Borrowers Loan Parties covenant and agree that (A) they shall immediately notify the Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to the Administrative Agent and each of the Lenders, upon request by the Administrative Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 3 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Steel Partners Holdings L.P.), Credit Agreement (Steel Partners Holdings L.P.)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. The Borrowers covenant and agree that (Aa) they shall immediately (i) Immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (Bii) if, at any time, any Collateral becomes Embargoed Property, then, in addition to all other rights and remedies available to Administrative the Agent and each of the Lenders, upon request by Administrative the Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.), Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (i) The Borrowers covenant Borrower covenants and agree agrees that (A) they it shall immediately notify the Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to the Administrative Agent and each of the Lenders, upon request by the Administrative Agent or any of the Lenders, the Borrowers Borrower shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Evoqua Water Technologies Corp.), Receivables Financing Agreement (Evoqua Water Technologies Corp.)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (i) The Borrowers Loan Parties covenant and agree that (A) they shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to Administrative the Agent and each of the Lenders, upon request by Administrative the Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 2 contracts

Samples: Financing Agreement (Alj Regional Holdings Inc), Financing Agreement (Alj Regional Holdings Inc)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (a) The Borrowers Loan Parties covenant and agree that that: (A) they shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon becoming aware of the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, then, in addition to all other rights and remedies available to Administrative the Agent and each of the Lenders, upon request by Administrative the Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders Agent that is not Embargoed Property.

Appears in 2 contracts

Samples: Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (a) The Borrowers covenant and agree that that: (A) they shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon becoming aware of the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, then, in addition to all other rights and remedies available to Administrative the Agent and each of the Lenders, upon request by Administrative the Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders Agent that is not Embargoed Property.

Appears in 2 contracts

Samples: Loan and Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (a) The Borrowers Loan Parties covenant and agree that (A1) they shall immediately notify the Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B2) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to the Administrative Agent and each of the Lenders, upon request by the Administrative Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 1 contract

Samples: Credit Agreement (Foster L B Co)

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Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (i) The Borrowers covenant Borrower covenants and agree agrees that (A) they it shall immediately promptly notify the Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, then, in addition to all other rights and remedies available to the Administrative Agent and each of the Lenders, upon request by the Administrative Agent or any of the Lenders, the Borrowers Aveanna Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 1 contract

Samples: Receivables Financing Agreement (Aveanna Healthcare Holdings, Inc.)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (i) The Borrowers covenant Servicer covenants and agree agrees that (A) they it shall immediately notify the Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to the Administrative Agent and each of the Lenders, upon request by the Administrative Agent or any of the Lenders, the Borrowers Servicer shall cause the Borrower to provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 1 contract

Samples: Receivables Financing Agreement (Evoqua Water Technologies Corp.)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (a) The Borrowers loan parties covenant and agree that that: (A) they shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, then, in addition to all other rights and remedies available to Administrative the Agent and each of the Lenders, upon request by Administrative the Agent or any of the Lenders, the Borrowers Loan Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Ati Inc)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (a) The Borrowers covenant Borrower covenants and agree agrees that (A) they it shall immediately notify the Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, then, in addition to all other rights and remedies available to the Administrative Agent and each of the Lenders, upon request by the Administrative Agent or any of the Lenders, the Borrowers Borrower shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 1 contract

Samples: Credit Agreement (Erie Indemnity Co)

Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. (i) The Borrowers Borrower Parties covenant and agree that (A) they shall immediately notify the Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to the Administrative Agent and each of the Lenders, upon request by the Administrative Agent or any of the Lenders, the Borrowers Borrower Parties shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Newell Brands Inc.)

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