Sanctions definition
Examples of Sanctions in a sentence
No direct use of proceeds of the Notes or other transaction by the Note Parties contemplated by this Agreement will unlawfully violate any Anti-Corruption Law or applicable Sanctions.
Each Note Party has implemented and maintains in effect policies and procedures reasonably designed to promote compliance by the Note Parties and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, and the Note Parties and, to the knowledge of the Note Parties, their respective officers, directors, employees and agents are in compliance with the USA PATRIOT Act, Anti-Corruption Laws and applicable Sanctions.
Since April 24, 2019, the Company and its subsidiaries have not knowingly engaged in and are not now knowingly engaged in any dealings or transactions with any person that at the time of the dealing or transaction is or was the subject or the target of Sanctions or with any Sanctioned Country.
Anti-Corruption Laws, Sanctions and USA PATRIOT Act 66 Section 4.22.
The proceeds of the Loans will not be used in violation of Anti-Corruption Laws or applicable Sanctions.