Common use of Prohibited Transaction Clause in Contracts

Prohibited Transaction. To such HPT Party’s actual knowledge, neither such HPT Party nor any trustee, officer, agent, affiliate or person acting on behalf of any HPT Party is currently subject to any U.S. sanctions administered by OFAC provided, however, no representation is made with respect to any person, group, entity or nation that merely owns a publicly traded interest in HPT.

Appears in 5 contracts

Sources: Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)