Economic Sanctions Compliance Sample Clauses

Economic Sanctions Compliance. Purchaser represents that neither Purchaser nor any of its subsidiaries or, to the knowledge of Purchaser, any director, officer, employee, agent, affiliate or representative of the Purchaser is an individual or entity (“Person”) currently the subject of any sanctions administered or enforced by the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”), or other relevant sanctions authority, nor is Purchaser located, organized or resident in a country or territory that is the subject of sanctions; and Purchaser represents and covenants that it has not knowingly engaged in, is not now knowingly engaged in, and shall not engage in, any dealings or transactions with any Person, or in any country or territory, that is subject of sanctions.
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Economic Sanctions Compliance. Purchaser represents that neither Purchaser nor any of its subsidiaries or, to the knowledge of the Purchaser, any director, officer, employee, agent, affiliate or representative of the Purchaser is an individual or entity (“Person”) currently the subject of any sanctions administered or enforced by the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”), or other relevant sanctions authority (collectively, “Sanctions”), nor is Purchaser located, organized or resident in a country or territory that is the subject of Sanctions; and Purchaser represents and covenants that it has not knowingly engaged in, is not now knowingly engaged in, and shall not engage in, any dealings or transactions with any Person, or in any country or territory, that is the subject of Sanctions.
Economic Sanctions Compliance. Requirements The requirements within a., b. and c. here below are the “Economic Sanctions Requirements”: a. You represent and warrant on the date of this Agreement, on the date of any invoice issued under this Agreement or a related PO, on each date on which each shipment or delivery of products, services and/or materials is dispatched and on each date on which any invoice is settled, that you are: (1) not named on a governmental asset freezing or restricted list, including but not limited to: the United Kingdom Consolidated List of Sanctions Targets, the European Union Consolidated List of Persons, Groups, and Entities subject to EU financial sanctions and the United States Specially Designated Nationals and Blocked Persons List; (2) not organized under the laws of, or providing services or goods from, a jurisdiction subject to comprehensive sanctions; and (3) not controlled, or owned (directly or indirectly) 50% or more in the aggregate, by one or more of any of the foregoing (together, "Restricted Party"), and (4) has not breached any Trade Control Laws. b. You agree to comply with all applicable Trade Control Laws, including those relating to the direct or indirect use, diversion, trade, export or re-export of products, services and/or materials (including any regulations prohibiting drugs and 6.3. Requisitos de cumplimiento de las sanciones económicas Los requisitos incluidos en a., b. y c. aquí abajo son los "Requisitos de las sanciones económicas": a. La Empresa declara y garantiza en la fecha de este Contrato, en la fecha de cualquier factura emitida en virtud de este Contrato o de un pedido relacionado, en cada fecha en la que se despache cada envío o entrega de productos, servicios o materiales y en cada fecha en la que se liquide cualquier factura, que la Empresa: (1) que no figuren en una lista gubernamental de congelación de activos o de restricciones, incluidas, entre otras, las siguientes la Lista Consolidada de Objetivos de Sanciones del Reino Unido, la Lista Consolidada de Personas, Grupos y Entidades de la Unión Europea sujetos a sanciones financieras de la UE y la Lista de Nacionales Especialmente Designados y Personas Bloqueadas de los Estados Unidos; (2) que no estén organizados con arreglo a las leyes de una jurisdicción sujeta a sanciones globales, ni suministren servicios o bienes desde xxxx; y (3) no está controlada, ni es propiedad (directa o indirecta) sobre el 50% o más en conjunto de cualquier empresa en cualquier situación enc...
Economic Sanctions Compliance. (i) The Company and each of its Subsidiaries are and, since September 13, 2010, have been in compliance with all applicable economic sanctions laws and regulations, including those administered by the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”).
Economic Sanctions Compliance. The Seller and each of its Subsidiaries is and has been since January 31, 2016 in compliance with all applicable economic sanctions laws and regulations, including those administered by the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”), in each case, with respect to the Business. To the Knowledge of the Seller, since January 31, 2016, none of the Seller or its Subsidiaries has engaged in, nor is it engaging in, any dealings or transactions with (i) any Person that at the time of the dealing or transaction is or was the subject or the target of sanctions administered by OFAC or (ii) any person in Cuba, Iran, Syria, North Korea, or the Crimea region of Ukraine, in each case, with respect to the Business. Without limiting the foregoing, there have been no Actions, nor are there any pending, or to the Seller’s Knowledge, any threatened Actions, by any Governmental Authority of potential violations against the Seller or any of its Subsidiaries with respect to compliance with economic sanctions laws or regulations, in each case, relating to the Business.
Economic Sanctions Compliance. (i) The Company and each of its Subsidiaries are and, since January 1, 2013, have been in material compliance with all applicable economic sanctions laws or trade restrictions administered or enforced by the U.S. government (including the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or the Bureau of Industry and Security of the U.S. Department of Commerce), the United Nations Security Council, the European Union, or Her Majesty's Treasury (collectively, "Sanctions").
Economic Sanctions Compliance. (A) Seller represents and warrants that, with respect to its supply obligations under this contract and any other agreement with Purchaser, it is currently in compliance with, and shall remain in compliance with, the laws, regulations and Executive Orders administered by the Office of Foreign Assets Control ("OFAC") of the U.S. Department of the Treasury, which prohibit, among other things engaging in transactions with, and providing services to, certain countries, territories, entities and individuals. Seller represents and warrants that neither Seller nor any person having a beneficial interest in Seller is (i) a Person whose name appears on the list of Specially Designated Nationals and Blocked Persons published by OFAC (an “OFAC Listed Person”) or (ii) a department, agency or instrumentality of, or is otherwise directly or indirectly controlled by or acting on behalf of any OFAC Listed Person or the government of a country subject to comprehensive U.S. economic sanctions administered by OFAC (each OFAC Listed Person and each other entity and country described in clause (ii), a “Blocked Person”). (B) Seller further represents and warrants that none of the goods or services that it is supplying to Purchaser originate from or involve, in whole or in part, from any Blocked Person. Seller further represents and warrants that no part of the proceeds from any transaction with the Purchaser constitutes or will constitute funds obtained on behalf of any Blocked Person or will otherwise be used, directly or indirectly, in connection with any investment in, or any transactions or dealings with, any Blocked Person. (C) Seller hereby acknowledges and agrees that Seller’s breach of any of the terms of this section at any time during the term of this Purchase Order shall be deemed a material breach of the agreement between Seller and Purchaser. (D) Seller hereby agrees to indemnify, defend and hold harmless Purchaser and its officers, directors and employees from and against any and all claims, demands, damages, costs, penalties and fines arising in connection with any breach by Seller or its agents of this representation and warranty. Purchaser may reject, suspend, or cancel any shipment or delivery from a Blocked Person without penalty or payment for the rejected, suspended, or cancelled goods or services, and/or cancel or terminate this Purchase Order or any other applicable agreement with Purchaser, in whole or in part, if it has a good faith basis for believing ...
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Economic Sanctions Compliance. 29.2.1. Supplier represents and warrants that, with respect to its obligations under this Agreement and any other agreement with STELCO, it is currently in compliance with, and shall remain in compliance with, all applicable laws which prohibit, among other things, engaging in transactions with certain countries, territories, entities and individuals.
Economic Sanctions Compliance. Seller represents that neither Seller nor any of its subsidiaries or, to the knowledge of the Seller, any director, officer, employee, agent, affiliate or representative of the Seller is an individual or entity (“Person”) currently the subject of any sanctions administered or enforced by the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”), or other relevant sanctions authority (collectively, “Sanctions”), nor is the Company located, organized or resident in a country or territory that is the subject of Sanctions; and Seller represents and covenants that it has not knowingly engaged in, is not now knowingly engaged in, and shall not engage in, any dealings or transactions with any Person, or in any country or territory, that is the subject of Sanctions.
Economic Sanctions Compliance. Buyer represents that neither Buyer nor any of its subsidiaries or, to the knowledge of the Buyer, any director, officer, employee, agent, affiliate or representative of the Buyer is an individual or entity (“Person”) currently the subject of any sanctions administered or enforced by the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”), or other relevant sanctions authority (collectively, “Sanctions”), nor is the Company located, organized or resident in a country or territory that is the subject of Sanctions; and Buyer represents and covenants that it has not knowingly engaged in, is not now knowingly engaged in, and shall not engage in, any dealings or transactions with any Person, or in any country or territory, that is the subject of Sanctions; provided, however, Buyer makes no representations with respect to any individual or entity who merely holds a publicly-traded interest in Buyer.
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