No Violation of Sanctions Sample Clauses

No Violation of Sanctions. The Company will not directly or indirectly use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any person, for the purpose of financing the activities of any person currently subject to any Sanctions.
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No Violation of Sanctions. (i) None of the Company, MIE or any of their respective directors, officers, agents, employees, affiliates or other persons acting on behalf of the Company and MIE: (a) does any business with or involving the government of, or any person or project located in, any country targeted by any of the economic sanctions promulgated by any Executive Order issued by the President of the United States or administered by the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”); or (b) supports or facilitates any such business or project, in each case other than as permitted under such economic sanctions; and (ii) neither the Company nor MIE is currently subject to any sanctions administered by OFAC (including but not limited to the designation as a “specially designated national or blocked person” thereunder), Her Majesty’s Treasury of the United Kingdom, the United Nations Security Council, or the European Union (the “Sanctions”) or is located, organized or resident in a country or territory that is the subject of OFAC-administered sanctions, including, without limitation, Burma/Myanmar, Cuba, Iran, North Korea, Sudan and Syria.
No Violation of Sanctions. Neither the Company nor 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 (i) is, or is controlled or 50% or more owned in the aggregate by or is acting on behalf of, one or more individuals or entities that are currently the subject of any sanctions administered or enforced by the United States (including any administered or enforced by 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, a member state of the European Union (including sanctions administered or enforced by Her Majesty’s Treasury of the United Kingdom) or other relevant sanctions authority (collectively, “Sanctions” and such persons, “Sanctioned Persons” and each such person, a “Sanctioned Person”), (ii) is located, organized or resident in a country or territory that is, or whose government is, the subject of Sanctions that broadly prohibit dealings with that country or territory (collectively, “Sanctioned Countries” and each, a “Sanctioned Country”) or (iii) will, directly or indirectly, use the proceeds of this offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other individual or entity in any manner that would result in a violation of any Sanctions by, or could result in the imposition of Sanctions against, any individual or entity (including any individual or entity participating in the offering, whether as underwriter, advisor, investor or otherwise). Neither the Company nor any of its subsidiaries has engaged in any dealings or transactions with or for the benefit of a Sanctioned Person, or with or in a Sanctioned Country, in the preceding three years, nor does the Company or any of its subsidiaries have any plans to engage in dealings or transactions with or for the benefit of a Sanctioned Person, or with or in a Sanctioned Country.
No Violation of Sanctions. (a) Neither the Issuer nor any of its Affiliates nor, to the knowledge of the Issuer, any director, officer, agent, employee or Affiliate of any of them is a person or entity that is, or is owned 50 per cent or more or controlled by one or more persons or entities that are:
No Violation of Sanctions. None of the Company, any of its Subsidiaries, any of their respective directors or officers or, to the knowledge of the Company, any agent, employee, affiliate or representative of the Company or any of its Subsidiaries is an individual or entity (“Person”) currently the subject or target of any sanctions administered or enforced by the United States Government, including, without limitation, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council (“UNSC”), the European Union, Her Majesty’s Treasury (“HMT”), 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 the Company will not directly or indirectly use the proceeds of the sale of the Securities, or lend, contribute or otherwise make available such proceeds to any Subsidiaries, joint venture partners or other Person, to fund any activities of or business with any Person, or in any country or territory, that, at the time of such funding, is the subject of Sanctions or 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.
No Violation of Sanctions. (a) None of the Borrower, its joint venture WISeKey Arabia, the joint venture partner Saudi Advanced Technologies Company Ltd. nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of any of them is a person or entity that is, or is owned 50 percent, or more or controlled by one or more persons or entities that are:
No Violation of Sanctions. (a) Neither the Borrower nor any of its Affiliates nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of any of them is a person or entity that is, or is owned 50 per cent. or more or controlled by one or more persons or entities that are:
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No Violation of Sanctions. None of the Company or any of its subsidiaries or variable interest entities or any of their respective directors, officers, employees or persons acting on behalf of the Company or its subsidiaries or variable interest entities nor, to the best of the Company’s knowledge, any of their respective agents or affiliates has conducted or entered into a contract to conduct any transaction with the governments of or any sub-divisions thereof, agents or representatives of, residents of, or any entity based or resident in, the countries that are currently subject to any sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department, the United Nations Security Council, the European Union, Her Majesty’s Treasury of the United Kingdom or other relevant sanction authorities (the “Sanctions”).
No Violation of Sanctions. Neither such Selling Shareholder nor any of its directors, officers, agents, employees or persons acting on behalf of such Selling Shareholder nor, to the best knowledge of such Selling Shareholder, any of its affiliates has conducted or entered into a contract to conduct any transaction with the governments of or any sub-divisions thereof, agents or representatives of, residents of, or any entity based or resident in, the countries that are currently subject to any Sanctions; and such Selling Shareholder will not directly or indirectly use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any person, for the purpose of financing the activities of any person currently subject to any Sanctions.
No Violation of Sanctions. Neither the Company nor any of its Subsidiaries nor any of their respective directors, officers, employees, nor, to the Company’s knowledge, its, representatives or agents acting on behalf of the Company or its Subsidiaries has conducted or entered into a contract to conduct any transaction with the governments or any of sub-division thereof, agents or representatives, residents of, or any entity based or resident in the countries that are currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department, the United Nations Security Council, the European Union, Her Majesty’s Treasury of the United Kingdom or other relevant sanction authorities (the “Sanctions”); and neither the Company nor any of its Subsidiaries has financed the activities of any person currently subject to Sanctions. The Company will not directly or indirectly use the proceeds from the sale of the Securities, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person or entity for the purpose of financing the activities of any person currently subject to any Sanctions. The Company represents that neither the Company nor any of its Subsidiaries nor any of their respective directors, officers, employees, or to the Company’s knowledge, its representatives or agents acting on behalf of the Company or its Subsidiaries is an individual or entity (“Person”) that is, or is owned or controlled by a Person that is (A) the subject of any Sanctions or (B) located, organized or resident in a country or territory that is the subject of any Sanctions.
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