Common use of Foreign Assets Control Regulations Clause in Contracts

Foreign Assets Control Regulations. The Borrower is not, and to the knowledge of the Borrower, none of its Affiliates is, or will be after consummation of the Transactions contemplated by the Loan Documents and application of the proceeds of the Loans, by reason of being a “national” of a “designated foreign country” or a “specially designated national” within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, any United States Federal statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any property.

Appears in 3 contracts

Samples: Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc)

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Foreign Assets Control Regulations. The Neither the Borrower is notnor, and to the knowledge of the Borrower, none any of its Affiliates Affiliate, is, or will be after consummation of the Transactions transactions contemplated by the Loan Documents and application of the proceeds of the Term Loans, by reason of being a “national” of a “designated foreign country” or a “specially designated national” within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, any United States Federal statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any property.

Appears in 3 contracts

Samples: Loan Credit Agreement (Remy International, Inc.), Loan Credit Agreement (Fidelity National Financial, Inc.), Loan Credit Agreement (Remy International, Inc.)

Foreign Assets Control Regulations. The Borrower is notNone of the Credit Parties nor, and to the best knowledge of the BorrowerParent and the Issuer after due inquiry, none any Affiliate of its Affiliates any Credit Party, is, or will be after consummation of the Transactions contemplated by the Loan Documents and application of the proceeds of the LoansNotes, by reason of being a "national" of a "designated foreign country" or a "specially designated national" within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, any United States Federal statute Statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any propertyProperty.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Frontline Capital Group), Note and Warrant Purchase Agreement (Hq Global Holdings Inc)

Foreign Assets Control Regulations. The Borrower is notNeither the Company nor, and to the knowledge of the BorrowerCompany, none any of its Affiliates Affiliates, is, or will be after consummation of the Transactions transactions contemplated by the Loan Documents and application of the proceeds of the Loans, by reason of being a “national” of a “designated foreign country” or a “specially designated national” within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, of any United States Federal statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any property.

Appears in 1 contract

Samples: Credit Agreement (Tetra Tech Inc)

Foreign Assets Control Regulations. The Neither any Borrower is notnor, and to the knowledge of the any Borrower, none any Affiliate of its Affiliates such Borrower, is, or will be after consummation of the Transactions transactions contemplated by the Loan Documents and application of the proceeds of the Loans, by reason of being a "national" of a "designated foreign country" or a "specially designated national" within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, of any United States Federal statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any property.

Appears in 1 contract

Samples: Credit Agreement (Zila Inc)

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Foreign Assets Control Regulations. The Borrower is notNone of the Credit Parties nor, and to the best knowledge of the Borrowereach Credit Party, none any Affiliate of its Affiliates any Credit Party, is, or will be after consummation of the Transactions contemplated by Related Transactions, the Loan Documents Preferred Stock Offering and the application of the proceeds of the Loans, by reason of being a “national” of a “designated foreign country” or a “specially designated national” within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, any United States Federal statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any property.

Appears in 1 contract

Samples: Credit Agreement (Butler International Inc /Md/)

Foreign Assets Control Regulations. The Neither the Borrower is notor, and to the knowledge of the Borrower, none any Affiliate of its Affiliates Borrower, is, or will be after consummation of the Transactions transactions contemplated by the Loan Documents and application of the proceeds of the Loans, by reason of being a “national” of a “designated foreign country” or a “specially designated national” within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, any United States Federal statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any property.

Appears in 1 contract

Samples: Credit Agreement (Valassis Communications Inc)

Foreign Assets Control Regulations. The Borrower is notNone of the Credit Parties nor, and to the best knowledge of the Borrowereach Credit Party, none any Affiliate of its Affiliates any Credit Party, is, or will be after consummation of the Related Transactions contemplated by and the Loan Documents and application of the proceeds of the Loans, by reason of being a “national” of a “designated foreign country” or a “specially designated national” within the meaning of the Regulations of the Office of Foreign Assets Control, United States Treasury Department (31 C.F.R., Subtitle B, Chapter V), or for any other reason, in violation of, any United States Federal statute or Presidential Executive Order concerning trade or other relations with any foreign country or any citizen or national thereof or the ownership or operation of any property.

Appears in 1 contract

Samples: Credit Agreement (Butler International Inc /Md/)

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