Anti-corruption law. 22.5.1 Each Borrower and the Guarantor 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 Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.
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Samples: Loan Agreement (DHT Holdings, Inc.), Diana Containerships Inc., Scorpio Tankers Inc.
Anti-corruption law. 22.5.1 Each The Borrower and the Guarantor 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 Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.
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Samples: Facility Agreement (HC2 Holdings, Inc.), Scorpio Bulkers Inc.
Anti-corruption law. 22.5.1 Each Borrower and the each Guarantor 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 Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.
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Anti-corruption law. 22.5.1 21.5.1 Each Borrower shall, and shall procure that the Guarantor 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 Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.
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Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)
Anti-corruption law. 22.5.1 Each 21.5.1 The Borrower and the Guarantor 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 Xxxxxxx Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.
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Samples: Safe Bulkers, Inc.
Anti-corruption law. 22.5.1 23.5.1 Each Borrower and the each Guarantor shall not (and and, should they be aware of it, shall procure that no other Security Party Obligor or no other member of the Group will) directly or indirectly use the proceeds of the Loan for any purpose which would breach the Xxxxxxx Xxx 0000Bribery Act 2010, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.
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Samples: Performance Shipping Inc.
Anti-corruption law. 22.5.1 Each Borrower and the Guarantor 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 Xxxxxxx Bribery LONLIVE\21273080.13 Page 25 Xxx 0000, the United States Foreign Corrupt Practices Act of 1977 or other similar legislation in other jurisdictions.
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