Common use of OFAC Compliance Clause in Contracts

OFAC Compliance. Buyer is currently in compliance with and shall at all times during the term of this Agreement remain in compliance with the regulations of the OFAC (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 5 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Industrial Property Trust Inc.), Purchase and Sale Agreement (Industrial Property Trust Inc.), Purchase and Sale Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

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OFAC Compliance. Buyer Seller is currently in compliance with and shall at all times during the term of this Agreement remain in compliance with the regulations of the OFAC Office of Foreign Assets Control (“OFAC”) of the Department of the Treasury (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 4 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Industrial Property Trust Inc.), Purchase and Sale Agreement (Industrial Property Trust Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Cole Office & Industrial REIT (CCIT II), Inc.)

OFAC Compliance. Buyer Purchaser is currently in compliance with with, and shall at all times during the term of this Agreement (including any extension thereof) remain in compliance with with, the regulations of the OFAC of the Department of the Treasury (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Paladin Realty Income Properties Inc), Purchase and Sale Agreement (Paladin Realty Income Properties Inc), Purchase and Sale Agreement (Paladin Realty Income Properties Inc)

OFAC Compliance. Buyer is Purchaser are currently in compliance with and shall at all times during the term of this Agreement remain in compliance with the regulations of the OFAC (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions

OFAC Compliance. Buyer Purchaser is currently in compliance with and shall at all times during the term of this Agreement remain in compliance with the regulations of the OFAC (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions

OFAC Compliance. Buyer is currently in compliance with and shall at all times during the term of this Agreement (including any extension thereof) remain in compliance with the regulations of the OFAC (including those named on OFAC’s Specially Designated Nationals and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Global Medical REIT Inc.)

OFAC Compliance. Buyer Seller is currently in compliance with and shall at all times during the term of this Agreement remain in compliance with the regulations of the OFAC Office of Foreign Asset Control of the Department of the Treasury ("OFAC"), (including those named on OFAC’s 's Specially Designated and Blocked Persons List) and or under any similar statute, executive order (including the September 24, 20012001 , Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), ) or other similar governmental action relating theretoaction.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Griffin Capital Essential Asset REIT II, Inc.)

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OFAC Compliance. Buyer is Sellers are currently in compliance with and shall at all times during the term of this Agreement (including any extension thereof) remain in compliance with the regulations of the OFAC Office of Foreign Assets Control (“OFAC”) (including those named on OFAC’s Specially Designated Nationals and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Global Medical REIT Inc.)

OFAC Compliance. Buyer Each Seller is currently in compliance with and shall at all times during the term of this Agreement remain in compliance with the regulations of the OFAC Office of Foreign Assets Control (“OFAC”) of the Department of the Treasury (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Industrial Income Trust Inc.)

OFAC Compliance. Buyer Such Seller is currently in compliance with and shall at all times during the term of this Agreement remain in compliance with the regulations of the OFAC Office of Foreign Assets Control (“OFAC”) of the Department of the Treasury (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action by a Governmental Authority relating thereto.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Elbit Imaging LTD)

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