Applicable Sanctions. No Obligor shall: 20.14.1 knowingly directly or indirectly use the proceeds of any Loan or Portfolio Lease or knowingly permit any Aircraft to be operated for any purpose which would violate Sanctions, trade regulations or any Anti-Bribery Law; or 20.14.2 knowingly lend, invest, contribute or otherwise make available the proceeds of any Loan or enter into any arrangement to make the use and possession of any Aircraft available to, or for the benefit of, any then-current Sanctions Target.
Appears in 2 contracts
Sources: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)