Common use of Sanctions Laws and Regulations Clause in Contracts

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 7 contracts

Samples: Credit Agreement (Microchip Technology Inc), Credit Agreement (Rli Corp), Term Loan Agreement (Mid America Apartment Communities Inc)

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Sanctions Laws and Regulations. (a) The Borrower shall not, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, Sanctioned Country that at the time would result in a violation of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, Regulations by any party to this Agreement or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 7 contracts

Samples: Loan Agreement (Cooper Companies Inc), Loan Agreement (Cooper Companies, Inc.), Amendment and Restatement Agreement (Cooper Companies Inc)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner Unconsolidated Affiliate or other person or entity Person (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is itself the subject of any territorial sanctions under any applicable Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any applicable Sanctions Laws and Regulations by any party to this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Kite Realty Group Trust), Credit Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.)

Sanctions Laws and Regulations. (a) The Administrative Borrower shall will not, and will not permit any of its Subsidiaries to, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any SubsidiaryPerson, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreementany Loan Document.

Appears in 4 contracts

Samples: Credit Agreement (Idexx Laboratories Inc /De), Credit Agreement (Idexx Laboratories Inc /De), Credit Agreement (Idexx Laboratories Inc /De)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and RegulationsRegulations , or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Industrial Property Trust Inc.), Credit Agreement (Industrial Property Trust Inc.), Revolving Credit and Term Loan Agreement (Brixmor Property Group Inc.)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use or permit the use of the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity Loans (i) to fund finance any operations, investments or activities of any Designated Person or business of or with to make any payments to any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations current U.S. sanctions administered by OFAC by any party to this Agreement.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (ITC Holdings Corp.), Term Loan Credit Agreement (ITC Holdings Corp.), Term Loan Credit Agreement (ITC Holdings Corp.)

Sanctions Laws and Regulations. (a) The No Borrower shall notshall, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, Sanctioned Country that at the time would result in a violation of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, Regulations by any party to this Agreement or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 3 contracts

Samples: Assignment and Assumption (Cooper Companies, Inc.), Revolving Credit and Term Loan Agreement (Cooper Companies Inc), Revolving Credit and Term Loan Agreement (Cooper Companies, Inc.)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the LoansLoan, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity Person (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and RegulationsSanctioned Country, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this AgreementParty.

Appears in 3 contracts

Samples: Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.), Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.), Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner Unconsolidated Affiliate or other person or entity (i) Person to fund any activities or business of of, in or with any Designated PersonPerson or Sanctioned Country, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any applicable Sanctions Laws and Regulations or applicable anti-bribery, anti-corruption or anti-money laundering laws or regulations, in any applicable jurisdiction by any party to this Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the LoansLoan, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and RegulationsRegulations , or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Inland Real Estate Income Trust, Inc.), Loan and Security Agreement (Inland Real Estate Income Trust, Inc.)

Sanctions Laws and Regulations. (a) The No Borrower shall notshall, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (MATERION Corp)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the LoansLoans or Letters of Credit, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner Unconsolidated Affiliate or other person or entity Person (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is itself the subject of any territorial sanctions under any applicable Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any applicable Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement and Other Loan Documents (Dupont Fabros Technology, Inc.)

Sanctions Laws and Regulations. (a) The Borrower shall notNo Obligor shall, directly or indirectly, use the proceeds of the LoansLoan, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person Person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions Sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this AgreementParty.

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

Sanctions Laws and Regulations. (a) The Administrative Borrower shall will not, directly and will not permit any of its Subsidiaries to, directly, or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any SubsidiaryPerson, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Sanctioned Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and RegulationsSanctions, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreementany Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Idexx Laboratories Inc /De)

Sanctions Laws and Regulations. (ae) The Borrower shall not, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Assignment and Assumption (Hines Real Estate Investment Trust Inc)

Sanctions Laws and Regulations. (ad) The Borrower shall not, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Assignment and Assumption (Hines Real Estate Investment Trust Inc)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any SubsidiaryLoan Party or any of their subsidiaries, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and RegulationsRegulations , or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital Global Trust, Inc.)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any Subsidiarysubsidiary, joint venture partner or other person or entity Person (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc)

Sanctions Laws and Regulations. (a) The Borrower shall not, nor shall it permit any other Borrower Group Entity to, directly or 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 or entity Person (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this AgreementBorrower Group Entity.

Appears in 1 contract

Samples: Credit Agreement (Postal Realty Trust, Inc.)

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Sanctions Laws and Regulations. (a) The Borrower shall not, and shall procure that its Subsidiaries and its or their respective directors, officers and employees shall not directly or indirectly, use the proceeds of the Loans, Loans or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity Letter of Credit (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Black Hills Corp /Sd/)

Sanctions Laws and Regulations. (ae) The Borrower shall not, directly or 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 or entity (i) to fund any activities or business of or with any Designated Sanctioned Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and RegulationsRegulations , or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Masimo Corp)

Sanctions Laws and Regulations. (a) The No Borrower shall notshall, directly or indirectly, use the proceeds of the LoansAdvances, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Miller Herman Inc)

Sanctions Laws and Regulations. (a) The No Borrower shall notshall, directly or indirectly, (i) use the proceeds of the Loans, Loans or any other financial accommodation made hereunder or (ii) lend, contribute or otherwise make available such proceeds thereof to any Subsidiarysubsidiary, joint venture partner or other person or entity (ix) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (iiy) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Micron Technology Inc)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or indirectly, use the proceeds of the Loans, Loans or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject would be a violation of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Littelfuse Inc /De)

Sanctions Laws and Regulations. (a) The Borrower shall notNo Loan Party or any subsidiary thereof shall, directly or indirectly, use the proceeds of the LoansLoans or the Letters of Credit, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity (i) to fund any activities or business of or with any Designated Person, or in any country country, region or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Sanction Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Colony Starwood Homes)

Sanctions Laws and Regulations. (a) The Borrower Company shall not, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, Regulations or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Regis Corp)

Sanctions Laws and Regulations. (a) The Borrower Borrowers shall not, directly or 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 or entity Person (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any applicable Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Molex Inc)

Sanctions Laws and Regulations. (a) The Borrower shall not, directly or 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 or entity Person (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Assignment and Assumption (Cheesecake Factory Inc)

Sanctions Laws and Regulations. (a) The Borrower shall notnot knowingly, directly or indirectly, use the proceeds of the LoansLoan, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person Person or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and RegulationsSanctioned Country, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this AgreementParty.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Global Self Storage, Inc.)

Sanctions Laws and Regulations. (a) The No Borrower shall notshall, directly or 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 or entity (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ametek Inc/)

Sanctions Laws and Regulations. (a) The No Borrower shall notshall, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make available such proceeds to any Subsidiarysubsidiary, joint venture partner or other person Person or entity obtain any Letter of Credit (i) to fund any activities or business of or with any Designated Person, or in any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations, or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Lifetime Brands, Inc)

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