Common use of Anti-corruption law Clause in Contracts

Anti-corruption law. (a) The Borrower shall not (and shall procure that no other Security Party will) directly or indirectly use the proceeds of the Loan for any purpose which would breach the Bribery Act 2010, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.

Appears in 2 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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Anti-corruption law. (a) The Borrower shall not (and shall procure that no other Security Party will) directly or indirectly use the proceeds of the Loan Facilities for any purpose which would breach the Bribery Act 2010Bxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.

Appears in 2 contracts

Samples: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)

Anti-corruption law. (a) The Borrower shall not (and shall procure that no other Security Party will) directly or indirectly use the proceeds of the Loan Facility for any purpose which would breach the Bribery Act 2010, the United States Foreign Corrupt Practices Act of 1977 1977, the Norwegian Penal Code SS387-389 or other similar legislation in other jurisdictions.

Appears in 1 contract

Samples: Facility Agreement (Hoegh LNG Partners LP)

Anti-corruption law. (a) a. The Borrower Borrowers shall not (and shall procure that no other Security Party will) directly or indirectly use the proceeds of the Loan for any purpose which would breach the Bribery Act 2010Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.

Appears in 1 contract

Samples: Agreement (Scorpio Bulkers Inc.)

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Anti-corruption law. (a) The Borrower Borrowers shall not (and shall procure that no other Security Party will) directly or indirectly use the proceeds of the Loan for any purpose which would breach the Bribery Act 2010Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.

Appears in 1 contract

Samples: Agreement (Scorpio Tankers Inc.)

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