Common use of Export control and trade sanctions Clause in Contracts

Export control and trade sanctions. 25.6.1 In performing its obligations hereunder, the Supplier shall comply with all applicable trade sanctions regulations, or similar requirements establishing export controls on goods, services, software, ortechnology.Suchregulationsincludewithoutlimitation: (i) theU.S.Export Administration Regulations (EAR) which are administered by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), the European Council Regulation 428/2009(asamended)and(ii)theeconomicsanctionsimplementedbythe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the EU, the French Republic, the Office of Financial Sanctions Implementation of Her Majesty’s Treasury - United Kingdom (UKHMT OFSI) and/or the Hong-Kong Monetary Authority (HKMA). 25.6.2 The Supplier represents and warrants that neither itself and its board of directors nor any of its parent companies, shareholders with a legal or de facto controlling interest (i) is a sanctioned person (i.e., listed by a sanctions authority with jurisdiction over any of the Parties);

Appears in 2 contracts

Samples: General Purchase Conditions, General Purchase Conditions

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Export control and trade sanctions. 25.6.1 26.6.1 In performing its obligations hereunder, the Supplier shall comply with all applicable trade sanctions regulations, or similar requirements establishing export controls on goods, services, software, ortechnology.Suchregulationsincludewithoutlimitation: (i) theU.S.Export Administration Regulations (EAR) which are administered by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), the European Council Regulation 428/2009(asamended)and(ii)theeconomicsanctionsimplementedbythe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the EU, the French Republic, the Office of Financial Sanctions Implementation of Her Majesty’s Treasury - United Kingdom (UKHMT OFSI) and/or the Hong-Kong Monetary Authority (HKMA). 25.6.2 26.6.2 The Supplier represents and warrants that neither itself and its board of directors nor any of its parent companies, shareholders with a legal or de facto controlling interest (i) is a sanctioned person (i.e., listed by a sanctions authority with jurisdiction over any of the Parties);

Appears in 1 contract

Samples: General Purchase Conditions

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Export control and trade sanctions. 25.6.1 In performing its obligations hereunder, the Supplier shall comply with all applicable trade sanctions regulations, or similar requirements establishing export controls on goods, services, software, ortechnology.Suchregulationsincludewithoutlimitation: (i. Suchregulationsincludewithoutlimitation:(i) theU.S.Export theU.S. Export Administration Regulations (EAR) which are administered by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), the European Council Regulation 428/2009(asamended)and(ii)theeconomicsanctionsimplementedbythe 428/2009 (asamended) and(ii) theeconomicsanctionsimplementedbythe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the EU, the French Republic, the Office of Financial Sanctions Implementation of Her Majesty’s Treasury - United Kingdom (UKHMT OFSI) and/or the Hong-Kong Monetary Authority (HKMA). 25.6.2 The Supplier represents and warrants that neither itself and its board of directors nor any of its parent companies, shareholders with a legal or de facto controlling interest (i) is a sanctioned person (i.e., listed by a sanctions authority with jurisdiction over any of the Parties);

Appears in 1 contract

Samples: General Purchase Conditions

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