Corruption Laws definition
Corruption Laws means all applicable anti-bribery and anti-corruption laws and regulations, including but not limited to the U.S. Foreign Corrupt Practices Act, the U.K. ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, and the Organization for Economic Co-operation and Development (OECD) Convention on Combating Bribery and Foreign Public Officials in International Business Transactions.
Corruption Laws means the UK ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, the US Foreign Corrupt Practices Act 1977 or any other applicable law of similar effect governing official or commercial corruption, in each case, as amended from time to time;
Corruption Laws shall have the meaning set forth in Section 2.1(h).
Examples of Corruption Laws in a sentence
Each Party agrees that if it learns of any violation of Data Protection Laws, Applicable Laws, Export Control Laws or Anti- Corruption Laws by an employee or sub-contractor that performs any function under this Agreement (a “Compliance Event”), it will use commercially reasonable efforts to promptly notify the other Party in writing of such Compliance Event and the measures it has taken and intends to take to remedy such Compliance Event and to prevent its recurrence.
More Definitions of Corruption Laws
Corruption Laws means: 1.
Corruption Laws means all Applicable Laws in connection with bribery and corruption, including:
Corruption Laws all applicable laws, regulations, directives, statutes, subordinate legislation, common law and civil codes concerning bribery and corruption which apply to any member of the Group, including:
Corruption Laws means collectively, the FCPA, the CFPOA and all other applicable Laws pertaining to bribery and the corruption of public officials;
Corruption Laws means all Applicable Laws in connection with anti-bribery and anti-corruption (governmental or commercial) including Laws that prohibit the corrupt payment, offer, promise, or authorization of the payment or transfer of anything of value (including gifts or entertainment), directly or indirectly, to any foreign government official, foreign government employee or commercial entity to obtain a business advantage, including without prejudice to the generality of the foregoing, the Prevention of Corruption Act 1960 of Singapore and the Foreign Corrupt Practices Act 1977;
Corruption Laws means the United States Foreign Corrupt Practices Act of 1977, as amended, the UK ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, and any other similar anti-corruption Laws or regulations administered or enforced in any jurisdiction in which any Borrower or any of its Subsidiaries conduct business. Anti-Terrorism Laws shall mean any Law in force or hereinafter enacted related to terrorism, money laundering, or economic sanctions, including Executive Order No. 13224, the USA PATRIOT Act, the International Emergency Economic Powers Act, 50 U.S.C. 1701, et. seq., the Trading with the Enemy Act, 50 U.S.C. App. 1, et. seq., 18 U.S.C. § 2332d, and 18 U.S.C. § 2339B, and any regulations or directives promulgated under these provisions. Applicable Commercial Letter of Credit Fee Percentage shall mean the percentage at the indicated Debt Rating in the pricing grid on Schedule 1.1(A), attached hereto and made a part hereof, below the heading "Commercial Letter of Credit Fee Percentage". Applicable Commitment Fee Percentage shall mean the percentage rate per annum at the indicated Debt Rating set forth on the pricing grid on Schedule 1.1(A) below the heading "Commitment Fee." Applicable Margin shall mean, as applicable: (i) the percentage spread to be added to the Base Rate applicable to Revolving Credit Loans under the Base Rate Option based on the indicated Debt Rating or Leverage Ratio, as applicable, in each case as set forth in the pricing grid on Schedule 1.1(A) below the heading "Base Rate Margin", or (ii) the percentage spread to be added to the Eurocurrency Rate applicable to Revolving Credit Loans under the Eurocurrency Rate Option based on the indicated Debt Rating or Leverage Ratio, as applicable, in each case as set forth in the pricing grid on Schedule 1.1(A) below the heading " Eurocurrency Rate Margin". Applicable Reference Rate shall mean, (i) for any Loan subject to the Eurocurrency Rate Option denominated in Dollars or Euros, the LIBOR Rate and (ii) for any Loan subject to the Eurocurrency Rate Option denominated in Canadian Dollars, CDOR. Applicable Standby Letter of Credit Fee Percentage shall mean the percentage at the indicated Debt Rating in the pricing grid on Schedule 1.1(A), attached hereto and made a part hereof, below the heading "Standby Letter of Credit Fee Percentage". Applicable Time means, with respect to any Loans and payments in any Optional Currency, the local time in the place of settlement for such Optional Currency as may be determined by the Administrative...
Corruption Laws means the United States Foreign Corrupt Practices Act of 1977, as amended, the UK Bribery Act 2010, and any other similar anti-corruption laws or regulations administered or enforced in any jurisdiction in which the Borrower or any of its Subsidiaries conduct business. Anti-Terrorism Laws shall mean any law in force or hereinafter enacted related to terrorism, money laundering or Sanctioned Persons, including Executive Order No. 13224, the USA Patriot Act, the International Emergency Economic Powers Act, 50 U.S.C. 1701, et. seq., the Trading with the Enemy Act, 50 U.S.C. App. 1, et. seq., 18 U.S.C. § 2332d, and 18 U.S.C. § 2339B and any regulations or directives promulgated under these provisions. Applicable Margin shall mean the rate per annum determined in accordance with Schedule I attached hereto (as adjusted from time to time in accordance with Section 1.5) based on the Qualifying Rating of EastGroup Properties, Inc. then in effect. During any period for which EastGroup Properties, Inc. has received only one Qualifying Rating, the Applicable Margin shall be determined based on the Level corresponding to such Qualifying Rating. During any period that EastGroup Properties, Inc. has received two Qualifying Ratings that are not equivalent, the Applicable Margin shall be determined based upon the Level corresponding to the higher of the two Qualifying Ratings. During any period that EastGroup Properties, Inc. has not received a Qualifying Rating, the Applicable Margin shall be determined based on Level V on Schedule I. Notwithstanding the foregoing, if (i) either (x) the Total Liabilities to Total Asset Value as of the last day of the most recently ended fiscal quarter of the Borrower is less than 32.5% or (y) for only one fiscal quarter during the term of this Agreement, if the Total Liabilities to Total Asset Value shall have been 32.5% or lower as of the last day of the immediately preceding fiscal quarter, then, if the Total Liabilities to Total Asset Value as of the last day of the most recently ended fiscal quarter of the Borrower is greater than 32.5% but less than 37.5%, and (ii) the Borrower’s Qualifying Rating is not lower than Baa2 (or, if the Borrower has a Rating from S&P, BBB), the Applicable Margin shall be determined based on Level II on Schedule I. For the avoidance of doubt, (I) if the Total Liabilities to Total Asset Value is greater than or equal to 32.5% for two or more consecutive fiscal quarters, the Borrower will again satisfy the c...