Common use of Blocked Persons Clause in Contracts

Blocked Persons. Seller has not received written notice that Seller is: (A) listed on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) pursuant to Executive Order No. 13224, 66 Fed. Reg. 49079 Sept. 25, 2001 (the “Order”) and/or on any other list of terrorists or terrorist organizations maintained pursuant to any of the rules and regulations of OFAC or pursuant to any other applicable orders (such lists are collectively referred to as the “Lists”); (B) a person who has been determined by competent authority to be subject to the prohibitions contained in the Order; (C) owned or controlled by, or acts for or on behalf of, any person or entity on the Lists or any other person or entity who has been determined by competent authority to be subject to the prohibitions contained in the Order.

Appears in 2 contracts

Samples: Purchase Agreement (KBS Real Estate Investment Trust, Inc.), Purchase Agreement (KBS Real Estate Investment Trust, Inc.)

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Blocked Persons. Seller has not received written notice that either Seller or Owner is: (Ai) listed on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) pursuant to Executive Order No. 13224, 66 Fed. Reg. 49079 Sept. 25, 2001 (the Order”) and/or on any other list of terrorists or terrorist organizations maintained pursuant to any of the rules and regulations of OFAC or pursuant to any other applicable orders Orders (such lists are collectively referred to as the “Lists”); (Bii) a person who has been determined by competent authority to be subject to the prohibitions contained in the Order; (Ciii) owned or controlled by, or acts and does not act for or on behalf of, any person or entity on the Lists or any other person or entity who has been determined by competent authority to be subject to the prohibitions contained in the Order.

Appears in 1 contract

Samples: Membership Units Purchase Agreement (Columbia Equity Trust, Inc.)

Blocked Persons. Seller Partnership has not received written notice that Seller Partnership or any Subsidiary is: (A) listed on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) pursuant to Executive Order No. 13224, 66 Fed. Reg. 49079 Sept. 25, 2001 (the “Order”) and/or on any other list of terrorists or terrorist organizations maintained pursuant to any of the rules and regulations of OFAC or pursuant to any other applicable orders (such lists are collectively referred to as the “Lists”); (B) a person who has been determined by competent authority to be subject to the prohibitions contained in the Order; (C) owned or controlled by, or acts for or on behalf of, any person or entity on the Lists or any other person or entity who has been determined by competent authority to be subject to the prohibitions contained in the Order.

Appears in 1 contract

Samples: Purchase Agreement (KBS Real Estate Investment Trust, Inc.)

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Blocked Persons. Seller has not received written notice that Seller is: (Ai) listed on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) pursuant to Executive Order No. 13224, 66 Fed. Reg. 49079 Sept. 25, 2001 (the Order”) and/or on any other list of terrorists or terrorist organizations maintained pursuant to any of the rules and regulations of OFAC or pursuant to any other applicable orders Orders (such lists are collectively referred to as the “Lists”); (Bii) a person who has been determined by competent authority to be subject to the prohibitions contained in the Order; (Ciii) owned or controlled by, or acts and does not act for or on behalf of, any person or entity on the Lists or any other person or entity who has been determined by competent authority to be subject to the prohibitions contained in the Order.

Appears in 1 contract

Samples: Purchase Agreement (Columbia Equity Trust, Inc.)

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