Common use of OFAC Compliance Clause in Contracts

OFAC Compliance. None of the Company or, to the knowledge of the Company, any director, officer, agent, employee or affiliate of the Company is currently subject to any U.S. sanctions administered by OFAC, and the Company has not knowingly directly or indirectly lent, contributed or otherwise made available funds to any Subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Ampio Pharmaceuticals, Inc.), Agreement and Plan of Merger (Chay Enterprises, Inc.)

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OFAC Compliance. None Neither the Company nor any of the Company orSubsidiaries nor, to the knowledge of the Company, any director, officer, agent, employee or affiliate of the Company or any of the Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC, and the Company has not knowingly directly or indirectly lent, contributed or otherwise made available funds to any Subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC”).

Appears in 2 contracts

Samples: Underwriting Agreement (Biodelivery Sciences International Inc), Underwriting Agreement (Biodelivery Sciences International Inc)

OFAC Compliance. None of Neither the Company ornor, to the knowledge of the Company, any director, officer, agent, employee or affiliate of the Company is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC, ”); and the Company has will not knowingly directly or indirectly lentuse the proceeds of the offering, contributed or lend, contribute or otherwise made make available funds such proceeds to any Subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

Appears in 2 contracts

Samples: Underwriting Agreement (Gemphire Therapeutics Inc.), Equity Distribution Agreement (Gemphire Therapeutics Inc.)

OFAC Compliance. None of Neither the Company ornor any Subsidiary nor, to the knowledge of the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary is currently subject to any U.S. sanctions administered by OFAC, and the Company has not knowingly directly or indirectly lent, contributed or otherwise made available funds to any Subsidiary, joint venture partner or other person or entity, for Office of Foreign Assets Control of the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFACTreasury Department.

Appears in 1 contract

Samples: Equity Distribution Agreement (Agrify Corp)

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OFAC Compliance. None of the Company or, to the knowledge of the Company, any director, officer, agent, employee or affiliate of the Company is currently subject to any U.S. sanctions administered by OFAC, and the Company has not knowingly directly or indirectly lent, contributed or otherwise made available funds to any Subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Retrospettiva Inc)

OFAC Compliance. None of Neither the Company ornor, to the knowledge of the Company, any director, officer, agent, employee or affiliate of the Company is currently the subject to of any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC, ”); and the Company has will not knowingly directly or indirectly lentuse the proceeds of the offering, contributed or lend, contribute or otherwise made make available funds such proceeds to any Subsidiarysubsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently or entity that, at the time of such funding, is the subject to of any U.S. sanctions administered by OFAC.

Appears in 1 contract

Samples: Sales Agreement (Franklin Street Properties Corp /Ma/)

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