Common use of Sanctions; Anti-Corruption Clause in Contracts

Sanctions; Anti-Corruption. (A) None of the Parent, any of its Subsidiaries or, to the knowledge of the Parent or the Borrower, any director, officer, employee, agent or Affiliate of the Parent or any of its Subsidiaries is a Person that is, or is owned or controlled by Persons that are (i) the subject of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority (collectively, “Sanctions”) or (ii) located, organized or resident in a country or territory that is, or whose government is, the subject of Sanctions (including, currently, Crimea, Cuba, Iran, North Korea and Syria).

Appears in 2 contracts

Samples: Loan Agreement (Myovant Sciences Ltd.), Loan Agreement (Sumitomo Chemical Co., Ltd.)

AutoNDA by SimpleDocs

Sanctions; Anti-Corruption. (A) None of the ParentBorrower, any of its Subsidiaries or, to the knowledge of the Parent or the Borrower, any director, officer, employee, agent or Affiliate of the Parent Borrower or any of its Subsidiaries is a Person that is, or is owned or controlled by Persons that are (i) the subject of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority (collectively, “Sanctions”) or (ii) located, organized or resident in a country or territory that is, or whose government is, the subject of Sanctions (including, currently, Crimea, Cuba, Iran, North Korea and Syria).

Appears in 2 contracts

Samples: Loan Agreement (Sumitomo Chemical Co., Ltd.), Loan Agreement (Urovant Sciences Ltd.)

AutoNDA by SimpleDocs

Sanctions; Anti-Corruption. (Aa) None of the ParentBorrower, any of its Subsidiaries or, to the knowledge of the Parent or the Borrower, any director, officer, employee, agent agent, or Affiliate affiliate of the Parent Borrower or any of its Subsidiaries is a Person an individual or entity (“person”) that is, or is owned or controlled by Persons persons that are are: (i) the subject of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets ControlOFAC, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury Treasury, or other relevant sanctions authority (collectively, “Sanctions”) ), or (ii) located, organized or resident in a country or territory that is, or whose government is, the subject of Sanctions (including, currentlyas of the Amendment No. 2 Effective Date, Crimea, Cuba, Iran, North Korea and Syria).

Appears in 2 contracts

Samples: Loan and Security Agreement (Horizon Technology Finance Corp), Loan Agreement (Horizon Technology Finance Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.