Common use of Terrorism Laws Clause in Contracts

Terrorism Laws. Each Credit Party is in compliance, in all material respects, with the Terrorism Laws. No part of the proceeds of the Loans will be used, directly or indirectly, for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity in violation of the United States Foreign Corrupt Practices Act of 1977, as amended.

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (U S Energy Systems Inc), Credit and Guaranty Agreement (Proliance International, Inc.), Credit and Guaranty Agreement (Granite Broadcasting Corp)

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