International Sanctions Clause Samples

International Sanctions. (a) Persons in Canada, and Canadians outside of Canada, are bound by economic sanctions imposed by Canada. As a result, the Government of Canada cannot accept delivery of goods or services that originate, either directly or indirectly, from the countries or persons subject to economic sanctions. (b) The Seller must not supply to the Buyer any goods or services which are subject to economic sanctions. (c) The Seller must comply with changes to the regulations imposed during the period of the Contract. The Seller must immediately advise Buyer if it is unable to perform the Work as a result of the imposition of economic sanctions against a country or person or the addition of a good or service to the list of sanctioned goods or services. If the Parties cannot agree on a work around plan, the Contract will be terminated for convenience in accordance with Paragraph 1.9.

International Sanctions. The Insurer will not provide cover, nor pay a claim, nor provide any benefit or a service described in the policy if this would expose the Insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union or the United States of America. For more information, please, check the following pages: ▇▇▇▇▇://▇▇▇.▇▇.▇▇▇/securitycouncil/sanctions/information ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇/#/main ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/resource- center/sanctions/Pages/default.aspx

International Sanctions. 11.1. The Company/Client represents and warrants that: 11.1.1. The Client, its founders, management or members of the executive/controlling body, as well as the Client's beneficiary(ies) and/or their affiliated persons (which for the purposes of this clause includes any person who, in the TBC Capital’s assessment, including for sanction purposes, due to business, family or other close ties may influence, own and/or control the person or his decisions directly or indirectly) prior to signing this agreement and/or at any time during its validity: 11.1.2. are not /will not be on the list of sanctioned persons of the United Nations (UN) and/or the European Union, and/or the United Kingdom, and/or the United States of America, and/or Georgia, and/or any other state and/or international organization (hereinafter collectively or individually "Authorized Person") (hereinafter "sanctions list") and/or is not / will not be subject to sanctions (a sanction for the purposes of this paragraph includes a restriction, policy, prohibition or other types of instructions as defined by the Authorized Person). 11.1.3. are not / will not be residents of the state on which comprehensive trade sanctions/restrictions are imposed by the Authorized Persons; 11.1.4. have not / will not directly and/or indirectly, including through another person(s), enter into any transaction (including facilitating a transaction) with any person and/or association/organization that is/will be placed on the Sanctions List and/or is resident in and/or does business in the territory of a state subject to full trade sanctions/interference; 11.1.5. directly and/or indirectly, including through another person(s), have not entered / will not enter into any transaction/agreement (including facilitating a transaction/agreement) with any party/property/asset/product/service that is subject to comprehensive and/or targeted or/and sectoral sanctions/restrictions; 11.2. In the event that the statement made pursuant to paragraph 11.1, proves to be incorrect and the actions taken by the Client constitute a violation/ circumvention of the sanction and/or, in the TBC Capital’s assessment, in connection with the above, the Client, its founders, management or member(s) of the executive/controlling body, will be under the risk of the sanction being imposed and/or the sanction being extended to any of the aforementioned persons, the TBC Capital, in addition to other actions specified in the General Agreement, will also...

International Sanctions. Persons in Canada, and Canadians outside of Canada, are bound by economic sanctions imposed by Canada. As a result, the Government of Canada cannot accept delivery of goods or services that originate, either directly or indirectly, from the countries or persons subject to economic sanctions.

International Sanctions. 22.1. The Cooperation Partner declares, by entering into the Agreement, not to have been, or be subject, to any international sanctions or restrictive measures with which RWI is required to comply according to Swedish law. The Cooperation Partner also acknowledges the duty to inform RWI of any international sanction or restrictive measures requirement that may affect the cooperation or relationship with RWI.

International Sanctions. It will be the responsibility of you the Broker to undertake responsible checks to verify the identity of clients and comply with the FCA’s requirements for reducing financial crime. You will report any suspicious transactions or adverse information in accordance with its own internal reporting arrangements and its obligations under relevant legislation and any subsequent regulations. It will be your responsibility to carry out all relevant checks to ensure that your clients do not fall within the UK’s Financial Sanctions regime.

International Sanctions. 54.1 In this Charter, each Party shall comply with all foreign trade control and export control legislation, regulations and sanctions applicable to the transactions that are the subject of this Charter or any of the Parties, including without limitation those imposed by the United Nations (“UN”), the United States of America (“US”), the United Kingdom (“UK”) or the European Union (“EU”) or any of its member states (“Foreign Trade Controls”).

International Sanctions. Each Party undertakes to comply with applicable international sanctions.

International Sanctions. 3.1. For the purposes of these Business Regulations International Sanctions mean financial and material restrictive measures, economic, trade restrictions and embargoes imposed or enforced by the United Nations Security Council, the European Union, the United States Treasury Department's Office of Foreign Assets Control (OFAC), the United States Department of State, the United States Department of Commerce (Bureau of Industry and Security), the competent office of the United Kingdom or any other sanctioning authority concerned. 3.2. For the purposes of this Section “Person” means any public or private entity, including, without limitation, any government, individual or legal person or entity without legal personality. 3.3. For the purposes of these Business Regulations “Person Subject to Restrictive Measures” is an entity/person subject to an International Sanction, including, without limitation: a) Persons subject to a Sanction imposed by a relevant U.S. department or agency (including those on OFAC's “Specially Designated Nationals And Blocked Persons” or “Foreign Sanctions Evaders” lists), or persons owned fifty percent (50%) or more by one or more such Persons; or b) Persons subject to financial and property restrictive measures imposed by the European Union (on the EU Consolidated Sanctions List); or (i) Person(s) owned or controlled1 by one or more of such Person(s) to the extent of fifty percent (50%) or more, or (ii) any Person acting on behalf of or under the direction of such Person c) Persons under financial and asset restraint measures imposed by the UN Security Council; d) Persons under financial and asset restraint measures imposed by the UK HM Treasury; e) a Person established, licensed or who is a national (resident) of a country or territory subject to comprehensive sanctions (including without limitation Burma / Myanmar, Crimea, Cuba, Iran, North Korea, Sudan, Syria, and Venezuela, but taking into account any changes that may occur over time). 3.4. The Client represents that neither the Client, nor its owners (including in particular its beneficial owners), its 50% owned or controlled subsidiaries (collectively for the purpose of this Section, the “Entity”), nor any director, officer, employee, agent, subsidiary of any Entity or the Client’s representative i) is a Person which Person or Person’s owner or controlling beneficiary, is a Person Subject to Restrictive Measures, ii) will deposit in its payment accounts with the Bank or as a fix...