Compliance with Economic Sanctions. (i) Neither the Company nor any of its Controlled Entities, nor any director, officer or employee thereof, nor, to the knowledge of the Company, any agent, affiliate or representative of the Company or any of its Controlled Entities, is an individual or entity (“Person”) that is, or is owned or controlled by one or more Persons that are:
Compliance with Economic Sanctions. 4.6.8.1. Neither the Company nor any of its Subsidiaries is acting or has acted at any time, directly or indirectly, on behalf of any persons or entities whose name appears on the Annex to the Executive Order No. 13224 (Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism) or are included on any relevant lists maintained by the Office of Foreign Assets Control (“OFAC”) of U.S. Department of Treasury, including the Specially Designated Nationals and Blocked Persons List, the Foreign Sanctions Evaders List, and the Sectoral Sanctions Identifications List, and any similar list maintained by the U.S. Department of State, or other U.S. government agencies, all as may be amended from time to time (such lists, collectively, the “Government Lists”).
Compliance with Economic Sanctions. You agree to conduct business with us in full compliance with all applicable laws, rules, regulations, and codes of practice. We may choose to reject, cancel, or block a Transaction you place with us for any reason, including because any Party to the Transaction is subject to government economic sanctions, or because acceptance of your Order would constitute a violation of any applicable law or regulation. In the event we reject or cancel a Transaction, we will refund any payment made to us for that Transaction unless we are prohibited from doing so by law. In the event that we reject any Transaction, you may be responsible for losses related to price fluctuations between the time the Transaction was entered and the rejection of such Transaction.
Compliance with Economic Sanctions. Each Offshore Group Company, Controlling Shareholder and Founder, Sunny Ocean and HK Holdco shall ensure that each Group Company and its shareholders, directors, officers, agents, employees and other Persons associated therewith or acting on its behalf will comply with all sanctions administered by any of the PRC, United Nations, European Union, United States or any other jurisdiction that are binding on any Party, and will not directly or indirectly engage in any business transactions with or become any Person that is subject to any of such sanctions.
Compliance with Economic Sanctions. The Company shall ensure that each Group Member and their respective directors, officers, agents and employees will comply with all sanctions administered by the United Nations, the United States or any other jurisdictions that are binding on any Party, and will not directly or indirectly engage in any business transactions with or become any Person that is subject to any of such sanctions.
Compliance with Economic Sanctions. None of the Company, any of its subsidiaries nor, to the knowledge of the Company, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently the subject of any sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) or the U.S. Department of State (including, without limitation, the designation as a “specially designated national” or “blocked person”), the United Nations Security Council (“UNSC”), the European Union, Her Majesty’s Treasury or other relevant economic sanctions authority (collectively, “Sanctions”), nor is the Company or any of its subsidiaries located, organized or resident in a country, region or territory that is the subject or target of Sanctions, including, without limitation, the Crimea region, Cuba, Iran, North Korea, Sudan and Syria (each, a “Sanctioned Country”); and the Company will not directly or indirectly use the proceeds of the offering of the Shares hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity (i) to fund or facilitate any activities of or business with any person that, at the time of such funding or facilitation, is the subject or target of Sanctions, (ii) to fund or facilitate any activities of or business in any Sanctioned Country in violation of Sanctions or (iii) in any other manner that will result in a violation by any person (including any person participating in the transaction, whether as underwriter, advisor, investor or otherwise) of Sanctions.
Compliance with Economic Sanctions. (a) Neither the Company nor any of its subsidiaries is acting or has acted at any time, directly or indirectly, on behalf of any persons or entities whose name appears on the Annex to the Executive Order NO. 13224 (Blocking Property and Prohibiting Transactions Who Commit, Threaten to Commit, or Support Terrorism) or are included on any relevant lists maintained by the Office of Foreign Assets Control (“OFAC”) of U.S. Department of Treasury, including the Specially Designated Nationals and Blocked Persons List, the Foreign Sanctions Evaders List, and the Sectoral Sanctions Identifications List, and any similar list maintained by the U.S. Department of State, or other U.S. government agencies, all as may be amended from time to time (such lists, collectively, the “Government Lists”).
Compliance with Economic Sanctions. You agree to use the Services in full compliance with all applicable laws, rules, regulations, and codes of practice. We may choose to reject, cancel, or block an FX Transaction or Order you place with us for any reason, including because any party to the FX Transaction or Order is subject to government economic sanctions, or because acceptance of your FX Transaction or Order would constitute a violation of any applicable law or regulation. In the event we reject or cancel an FX Transaction or Order, we will refund any payment made to us for that FX Transaction or Order, unless we are prohibited to do so by law. In the event that we reject an FX Transaction or Order, you may be responsible for losses related to exchange rate fluctuations between the time the FX Transaction was entered and the rejection of such FX Transaction. However, any gains or losses associated with the Bank’s offsetting transaction will be used to offset your market generated financial gain or loss.
