Department of the Treasury Sample Clauses

Department of the Treasury. As a standard component of Xxxxxx’s OFAC Filtering Services (“OFAC Services”), which Member is agreeing to use, Payment Orders transmitted by Authorized Users using System will be processed through an initial OFAC Filtering System (“OFAC Filter”) operated by Xxxxxx.

Department of the Treasury. The Investors acknowledge that, as of the date of this Agreement, the Company is not eligible to utilize Form S-3 and that there can be no assurance as to when, or even if, the Company will become eligible to utilize Form S-3. Further, the Investors acknowledge that the U.S. Department of the Treasury has certain registration rights as a result of the Company’s participation in the TARP Capital Purchase Program. Accordingly, the Investors acknowledge that the U.S. Department of the Treasury may have registration, priority and other rights that could effect the Investors’ rights hereunder.

Department of the Treasury. The Company agrees to provide the Distributor with such information as it may reasonably request, including but not limited to the filling out of questionnaires, attestations and other documents, to enable the Distributor to fulfill its obligations under applicable law, and, upon its request, to file a notice pursuant to Section 314 of the Patriot Act and the implementing regulations related thereto to permit the voluntary sharing of information between the parties hereto. Upon filing such a notice, the Company agrees to forward a copy to the Distributor, and further agrees to comply with all requirements under the Patriot Act and implementing regulations concerning the use, disclosure, and security of any information that is shared.

Department of the Treasury. In the event that the results of the auction of Treasury bills having the Index Maturity designated in this Note are not published or reported as provided above by 3:00 P.M., New York City time, on such Calculation Date or if no such auction is held on the applicable Treasury Rate Interest Determination Date, then the Treasury Rate will be calculated by the Calculation Agent and shall be a yield to maturity (expressed as a bond equivalent rounded as aforesaid) of the arithmetic mean of the secondary market bid rates, as of approximately 3:30 P.M., New York City time, on such Treasury Rate Interest Determination Date, of three leading primary United States government securities dealers selected by the Calculation Agent, in its discretion, for the issue of Treasury bills with a remaining maturity closest to the Index Maturity designated in this Note. If the dealers selected as aforesaid by the Calculation Agent are not quoting bid rates as described in the preceding sentence, the Treasury Rate with respect to such Interest Reset Date will be the Treasury Rate in effect under the Note on such Treasury Rate Interest Determination Date. Determination of CD Rate

Department of the Treasury. The Borrower agrees and acknowledges that upon being included the abovementioned lists, the Bank shall be entitled to cancel/ terminate the Loan with immediate effect, and in such event all the amounts due in respect of the Loan shall become immediately due and payable to the Bank.

Department of the Treasury. The Chief Compliance Officer for AML/OFAC and the Company are prohibited from disclosing to the agent and any other person that a SAR has been filed. Training was delivered by: (Check all that apply)

Department of the Treasury. The Company agrees to provide the Underwriter with such information as it may reasonably request, including but not limited to the filling out of questionnaires, attestations and other documents, to enable the Underwriter to fulfill its obligations under applicable law, and, upon its request, to file a notice pursuant to Section 314 of the Patriot Act and the implementing regulations related thereto to permit the voluntary sharing of information between the parties hereto. Upon filing such a notice, the Company agrees to forward a copy to the Underwriter, and further agrees to comply with all requirements under the Patriot Act and implementing regulations concerning the use, disclosure, and security of any information that is shared.

Department of the Treasury. In the event of a violation of Export Laws, either party may terminate this Agreement immediately if the violation is unable to be satisfactorily remedied.

Department of the Treasury. Each of Borrower and each Guarantor represents and warrants, with respect to itself, to Lender that, as of the date hereof and at all times throughout the term of the Loan, including after giving effect to any transfers or other conveyances permitted or consented to pursuant to the Loan Documents (including the Requested Actions), (i) none of the funds or other assets of Borrower or of any Guarantor constitute property of, or are beneficially owned, directly or indirectly, by any person, entity or government subject to trade restrictions under U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder with the result that the investment in Borrower (whether directly or indirectly) is prohibited by law or the Loan is in violation of law (any such person, entity or government, an “Embargoed Person”); (ii) no Embargoed Person has any interest of any nature whatsoever in Borrower or in any Guarantor with the result that the investment in Borrower or in any Guarantor (whether directly or indirectly) is prohibited by law or the Loan is in violation of law; and (iii) none of the funds of Borrower or of any Guarantor has been derived from any unlawful activity with the result that the investment in Borrower or in any Guarantor (whether directly or indirectly) is prohibited by law or the Loan is in violation of law. As used herein, the term “Prohibited Person” shall mean any person: (i) listed in the Annex to, or otherwise subject to the provisions of, Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism; (ii) that is named as a “specifically designated national (“SDN)” on the most current list published by the U.S. Treasury Department Office of Foreign Assets Control at its official website (xxxx://xxx.xxxxxxxx.xxx/ofac/downloads/t11sdn.pdf) or at any replacement website or other replacement official publication of such list or that is named on any other governmental authority list issued after September 11, 2001; (iii) acting, directly or indirectly, in contravention of any and all money laundering and anti-terrorist legal requirements of the United States or any applicable foreign jurisdiction, including the Uniting and Strengthening A...

Department of the Treasury. All charges in connection with any transfer under this letter of credit shall be paid by the beneficiary at the time written notice of a transfer is submitted. This letter of credit shall be promptly surrendered to us by you (or any subsequent transferee) upon expiration. Except so far as otherwise expressly stated, this documentary credit is subject to Uniform Customs and Practice for Documentary Credits, 2007 revision, International Chamber of Commerce Publication No. 600. We engage with you that each draft drawn under and in compliance with the terms of this letter of credit will be duly honored on delivery of the specified documents, if presented at this office during regular business hours: 000 Xxxxxxxxx Xx., Suite 240, Durham, NC 27701 or via facsimile to 919-627- Square 1 Bank, 000 Xxxxxxxxx Xx., Ste. 240, Durham, NC 27701