Common use of Sanctions Concerns Clause in Contracts

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the Borrower, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 3 contracts

Sources: Credit Agreement (Viskase Holdings, Inc.), Credit Agreement (Enzon Pharmaceuticals, Inc.), Credit Agreement (Enzon Pharmaceuticals, Inc.)

Sanctions Concerns. No Neither the Loan PartyParties, nor any Subsidiaryof their Subsidiaries, nor, to the knowledge of the Borrower, nor any director, officer, employee, agent, affiliate officer or representative employee thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or Nationals, HMT’s Consolidated List of Financial Sanctions TargetsTargets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority as applicable to the Borrower or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 2 contracts

Sources: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained commercially reasonable policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 2 contracts

Sources: Credit Agreement (Encore Wire Corp), Credit Agreement (Encore Wire Corp)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance compliance, in all material respects respects, with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 2 contracts

Sources: Credit Agreement (Shutterstock, Inc.), Credit Agreement (Shutterstock, Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate director or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 2 contracts

Sources: Credit Agreement (Ligand Pharmaceuticals Inc), Credit Agreement (DocGo Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or and HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 2 contracts

Sources: Credit Agreement (U S Physical Therapy Inc /Nv), Credit Agreement (U S Physical Therapy Inc /Nv)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative controlled Affiliate thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any applicable Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower Limited and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 2 contracts

Sources: Credit Agreement (Helen of Troy LTD), Credit Agreement (Helen of Troy LTD)

Sanctions Concerns. No Loan Party, nor any Restricted Subsidiary, nor, to the knowledge of the BorrowerBorrower and its Restricted Subsidiaries, any director, officer, employee, agent, or affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or Nationals, HMT’s Consolidated List of Financial Sanctions TargetsTargets and the Investment Ban List, or any similar list enforced by any other relevant sanctions Sanctions authority or (iiiii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed Jurisdiction (such Persons referred to promote and achieve compliance with such Sanctionsherein as “Sanctioned Persons”).

Appears in 2 contracts

Sources: Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority authority, or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower Company and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (Meet Group, Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures reasonably designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (Boston Beer Co Inc)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or Nationals, HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower Company and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (Hurco Companies Inc)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.. [OneSpan] Credit Agreement #520863281

Appears in 1 contract

Sources: Credit Agreement (OneSpan Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Except as disclosed on Schedule 5.18, the Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (KnowBe4, Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions Sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower Borrowers and its their Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (1847 Goedeker Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.. ▇▇▇▇-▇▇▇▇-▇▇▇▇ v.7

Appears in 1 contract

Sources: Credit Agreement (Powell Industries Inc)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate director or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects [DocGo] Amended and Restated Credit Agreement with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (DocGo Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (RigNet, Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one any individual or more individuals or entities entity that are is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or Nationals, HMT’s Consolidated List of Financial Sanctions TargetsTargets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (Calavo Growers Inc)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.. 60

Appears in 1 contract

Sources: Credit Agreement (Ameresco, Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower and its Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed reasonably intended to promote and achieve procure compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (NPK International Inc.)

Sanctions Concerns. No Loan Party, nor any Subsidiary, nor, to the knowledge of the BorrowerLoan Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by one or more individuals or entities that are (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. The Borrower Borrowers and its their Subsidiaries have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained policies and procedures designed to promote and achieve compliance with such Sanctions.

Appears in 1 contract

Sources: Credit Agreement (Turtle Beach Corp)