Common use of Sanctions Concerns and Anti Corruption Laws Clause in Contracts

Sanctions Concerns and Anti Corruption Laws. (a) None of the Loan Parties, any of their Subsidiaries, any director, officer or employee of any Loan Party or any of their Subsidiaries, nor, to the knowledge of the Borrower, any agent or representative of any Loan Party or any of their Subsidiaries, is a Sanctioned Person or currently the subject or target of any Sanctions.

Appears in 2 contracts

Samples: Credit Agreement (PERDOCEO EDUCATION Corp), Credit Agreement (PERDOCEO EDUCATION Corp)

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Sanctions Concerns and Anti Corruption Laws. (a) None of the No Loan PartiesParty, nor any of their Subsidiaries, any director, officer or employee of any Loan Party or any of their SubsidiariesSubsidiary, nor, to the knowledge of the Borrower, any agent or representative of any Loan Party or any of Parties and their Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is a Sanctioned Person an individual or entity that is, or is owned or controlled by any individual or entity that is (i) currently the subject or target of any SanctionsSanctions or (ii) located, organized or resident in a Designated Jurisdiction.

Appears in 2 contracts

Samples: Credit Agreement (Outerwall Inc), Credit Agreement (MULTI COLOR Corp)

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Sanctions Concerns and Anti Corruption Laws. (a) None of the Loan Parties, any of their Subsidiaries, any director, officer or employee of any Loan Party or any of their Subsidiaries, nor, to the knowledge of the any Borrower, any agent or representative of any Loan Party or any of their Subsidiaries, is a Sanctioned Person or currently the subject or target of any Sanctions.

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

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