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Contract analysis / osprey-sanctions-side-letter.docx
osprey-sanctions-side-letter.docx
1043-00001 · 4 clauses
High · 0 Medium · 0 Standard · 0
1. Representations and Warranties. Each of the representations and warranties made by Osp
1. Representations and Warranties. Each of the representations and warranties made by Osprey in Section 2 of the Side Letter (including the OFAC Representations, EU Sanctions Representations, UK/OFSI Sanctions Representations, and Anti-Money Laundering Representations set forth therein) is true and correct in all material respects as of the date hereof, with the same force and effect as if made on the date hereof wit
2. Sanctions Screening. Since the date of the Side Letter [or the date of the most recent
2. Sanctions Screening. Since the date of the Side Letter [or the date of the most recent Annual Sanctions Compliance Certificate, as applicable], Osprey has conducted periodic sanctions screening in accordance with Section 3.2 of the Side Letter, including screening of Osprey's Osprey Beneficial Owners, upstream Investors (holding more than ten percent (10%) economic interest), directors, officers, and key personnel
3. Beneficial Owners and UK Persons. [Select one:]
3. Beneficial Owners and UK Persons. [Select one:] [ ] There has been no material change in the identity of Osprey's Osprey Beneficial Owners or in the identity of UK Persons involved in the decision-making, management, or administration of Osprey's participation in the Credit Agreement since the date of the Side Letter [or the date of the most recent Annual Sanctions Compliance Certificate, as applicable]. [ ] There
4. No Sanctions Events. Since the date of the Side Letter [or the date of the most recent
4. No Sanctions Events. Since the date of the Side Letter [or the date of the most recent Annual Sanctions Compliance Certificate, as applicable]: (a) Neither Osprey nor any Osprey Beneficial Owner nor any relevant upstream Investor has become a Sanctioned Person or become the subject of any investigation, inquiry, or enforcement action by OFAC, any EU sanctions authority, OFSI, or any other governmental authority in