Common use of Sanctions Laws and Regulations Clause in Contracts

Sanctions Laws and Regulations. The Partnership will not take, and will cause each subsidiary not to take, directly or indirectly, any action that could reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units hereunder. Further, the Partnership will not use, and will cause each subsidiary not to use, the proceeds from the sale of the Units, directly or indirectly, for any purpose or activity that would cause the Underwriters or any purchaser of the Units to be in violation of the Sanctions Laws and Regulations or any agent or “Specially Designated National” of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 10 contracts

Samples: Underwriting Agreement (Teekay Offshore Partners L.P.), Underwriting Agreement (Teekay LNG Partners L.P.), Underwriting Agreement (Teekay LNG Partners L.P.)

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Sanctions Laws and Regulations. The Partnership will not take, and will cause each subsidiary of its subsidiaries not to take, directly or indirectly, any action that could reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units hereunder. Further, the Partnership will not use, and will cause each subsidiary not to use, the proceeds from the sale of the Units, directly or indirectly, for any purpose or activity that would cause the Underwriters or any purchaser of the Units to be in violation of the Sanctions Laws and Regulations or any agent or “Specially Designated National” of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 7 contracts

Samples: Underwriting Agreement (Teekay Offshore Partners L.P.), Underwriting Agreement (Teekay Offshore Partners L.P.), Underwriting Agreement (Teekay Offshore Partners L.P.)

Sanctions Laws and Regulations. The Partnership Company will not take, and will cause each subsidiary not to take, directly or indirectly, any action that could reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units Securities hereunder. Further, the Partnership Company will not use, and will cause each subsidiary not to use, the proceeds from the sale of the UnitsSecurities, directly or indirectly, for any purpose or activity that would cause the Underwriters or any purchaser of the Units Securities to be in violation of the Sanctions Laws and Regulations or any agent or “Specially Designated National” of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 6 contracts

Samples: Underwriting Agreement (Teekay Tankers Ltd.), Underwriting Agreement (Teekay Tankers Ltd.), Underwriting Agreement (Teekay Tankers Ltd.)

Sanctions Laws and Regulations. The Partnership will not take, and will cause each subsidiary not to take, directly or indirectly, any action that could reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units hereunder. Further, the Partnership will not use, and will cause each subsidiary not to use, the proceeds from the sale of the Units, directly or indirectly, for any purpose or activity that would cause the Underwriters or any purchaser of the Units to be in violation of the Sanctions Laws and Regulations or any agent or "Specially Designated National" of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 2 contracts

Samples: Underwriting Agreement (Teekay Offshore Partners L.P.), Teekay LNG Partners L.P.

Sanctions Laws and Regulations. The Partnership will not take, and will cause each subsidiary not to take, directly or indirectly, any action that could would reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units hereunder. Further, the Partnership will not use, and will cause each subsidiary not to use, the proceeds from the sale of the Units, directly or indirectly, for any purpose or activity that would reasonably be expected to cause the Underwriters Manager or any purchaser of the Units to be in violation of the Sanctions Laws and Regulations or any agent or “Specially Designated National” of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 2 contracts

Samples: Terms Agreement (Teekay Offshore Partners L.P.), Terms Agreement (Teekay LNG Partners L.P.)

Sanctions Laws and Regulations. The Partnership will not take, and will cause each subsidiary of its subsidiaries not to take, directly or indirectly, any action that could reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units Notes hereunder. Further, the Partnership will not use, and will cause each subsidiary not to use, the proceeds from the sale of the UnitsNotes, directly or indirectly, for any purpose or activity that would cause the Underwriters or any purchaser of the Units Notes to be in violation of the Sanctions Laws and Regulations or any agent or “Specially Designated National” of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 1 contract

Samples: Underwriting Agreement (Teekay Offshore Partners L.P.)

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Sanctions Laws and Regulations. The Partnership Company will not take, and will cause each subsidiary not to take, directly or indirectly, any action that could might reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units Securities hereunder. Further, the Partnership Company will not use, and will cause each subsidiary not to use, the proceeds from the sale of the UnitsSecurities, directly or indirectly, for any purpose or activity that would cause the Underwriters or any purchaser of the Units Securities to be in violation of the Sanctions Laws and Regulations or any agent or “Specially Designated National” of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 1 contract

Samples: Underwriting Agreement (Seanergy Maritime Holdings Corp.)

Sanctions Laws and Regulations. The Partnership will not take, and will cause each subsidiary not to take, directly or indirectly, any action that could reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units hereunder. Further, the Partnership will not use, and will cause each subsidiary not to use, the proceeds from the sale of the UnitsXxxxx, directly or indirectly, for any purpose or activity that would cause the Underwriters or any purchaser of the Units to be in violation of the Sanctions Laws and Regulations or any agent or "Specially Designated National" of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 1 contract

Samples: Underwriting Agreement (Teekay LNG Partners L.P.)

Sanctions Laws and Regulations. The Partnership Company will not take, and will cause each subsidiary not to take, directly or indirectly, any action that could would reasonably be expected to result in a violation by any U.S. person participating in the offering of the Sanctions Laws and Regulations with respect to the sale of the Units Shares hereunder. Further, the Partnership Company will not use, and will cause each subsidiary not to use, the proceeds from the sale of the UnitsShares, directly or indirectly, for any purpose or activity that would reasonably be expected to cause the Underwriters Manager or any purchaser of the Units Shares to be in violation of the Sanctions Laws and Regulations or any agent or “Specially Designated National” of any country the subject of the Sanctions Laws and Regulations, or any person or entity of any country the subject of the Sanctions Laws and Regulations.

Appears in 1 contract

Samples: Terms Agreement (Teekay Corp)

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