accordance with their terms, except (a) as may be limited by (i) bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium or other similar laws or any Debtor Relief Law or judicial decisions for the relief of debtors or the limitation of creditors rights generally; and (ii) any equitable principles relating to or limiting the rights of creditors generally or any equitable remedy which may be granted to cure any defaults, and (b) as set forth in the opinions referred to in Section 5.9.
Section 5.12. Sanctions; Anti-Money Laundering Laws and Anti-Corruption Laws. (a) None of the Company, any of its Subsidiaries, any director, officer or employee of the Company or any of its Subsidiaries, nor, to the knowledge of the Company, any agent or representative of the Company or any of its Subsidiaries, is a Sanctioned Person or currently the subject or target of any Sanctions, where any such status, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
(b) The Company, each of its Subsidiaries, each of the Companys and each of its Subsidiaries respective directors, officers and employees, and, to the knowledge of the Company, each of the Companys and its Subsidiaries respective agents and representatives, is in compliance with all applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions, where any such non-compliance, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
Section 5.13. OFAC. (a) The Company is in compliance with the requirements of all OFAC Sanctions Programs applicable to it, except as would not be expected to have a Material Adverse Effect, (b) each Subsidiary of the Company is in compliance with the requirements of all OFAC Sanctions Programs applicable to such Subsidiary, except as would not be expected to have a Material Adverse Effect, (c) the Company has provided to the Agent, the L/C Issuer, and the Banks all information regarding the Company and its Affiliates and Subsidiaries reasonably requested by the Agent, the L/C Issuer, and the Banks to comply with all applicable OFAC Sanctions Programs, and (d) to the best of the Companys knowledge, neither the Company nor any of its Affiliates or Subsidiaries is, as of the date hereof, named on the current OFAC SDN List.
Section 5.14. Trademarks, Franchises, and Licenses. Except as would not have a Material Adverse Effect, the Company and its Subsidiaries collectively own, possess, or have the right to use all patents, licenses, franchises, trademarks, trade names, trade styles, copyrights, trade secrets, know how, and confidential commercial and proprietary information material to their businesses as now conducted, without known conflict with any patent, license, franchise, trademark, trade name, trade style, copyright or other proprietary right of any other Person.
Section 5.15. Governmental Authority and Licensing. The Company and its Subsidiaries have received all licenses, permits, and approvals of all federal, state, and local governmental authorities, if any, necessary to conduct their businesses as currently conducted, in each case where the failure to obtain or maintain the same could reasonably be expected to have a Material Adverse Effect. No investigation or proceeding which, if adversely determined, could result in revocation or denial of any material license, permit or approval, which revocation or denial could