Prohibited Country Sample Clauses

The Prohibited Country clause defines specific countries or territories where certain activities, transactions, or business relationships are not permitted under the agreement. Typically, this clause lists jurisdictions subject to trade embargoes, sanctions, or other legal restrictions, and may require parties to avoid engaging with individuals or entities located in those regions. Its core function is to ensure compliance with applicable laws and regulations, thereby mitigating legal and regulatory risks associated with conducting business in restricted countries.
Prohibited Country. (-ies): Afghanistan, Belarus, Crimea, Iran, North Korea, Syria, Russia, non-government-controlled areas of the Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts of Ukraine or other Ukrainian territories claimed to be Annexed by Russia or any country or region which; is, or whose government is, or becomes, a target of comprehensive, country-wide or territory-wide Sanctions, including Council Regulation (EU) No 833/2014, as amended.
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Prohibited Country. As a broker company, we strictly comply with international laws and regulations related to trading activities. Therefore, we would like to inform our clients that due to the regulatory restrictions and potential risks associated with certain countries, our company does not engage in business activities with the following countries: Afghanistan, Angola, Antigua, Barbuda, Bolivia, Botswana, Burma (Myanmar), Cambodia, Côte d'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Former, Liberian, Regime of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Gambia, Guinea, Bissau, Guinea, Conakry, Iran, Iraq, Kyrgyzstan, Lesotho, Liberia, Libya, Mali, Namibia, Niger North Korea, Senegal, Sierra, Leone, Syria, Tanzania, Togo, Yemen, Zimbabwe, China, Japan, the United States, and Africa. Please note that this list is subject to change based on updates to international laws and regulations. We urge our clients to comply with the relevant laws and regulations in their respective jurisdictions to avoid any potential legal or financial repercussions. You need to be 18 years old or older in order to use the services on our site unless written consent from your parent or guardian has been documented.
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Related to Prohibited Country

  • Prohibited Activities You may not access or use the Site for any purpose other than that for which we make the Site available. The Site may not be used in connection with any commercial endeavors except those that are specifically endorsed or approved by us. As a user of the Site, you agree not to:

  • Prohibited Conduct In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

  • Prohibited Activity Subrecipient is prohibited from using funds provided herein, or personnel employed in the administration of the program, for: political activities, sectarian or religious activities, lobbying, political patronage, and nepotism activities.

  • Prohibited Acts Contractor shall not knowingly employ or contract with an illegal alien to perform work under this Agreement, or enter into a contract with a subcontractor that fails to certify to Contractor that the subcontractor shall not knowingly employ or contract with an illegal alien to perform work under this Agreement.

  • Prohibited Contracts Except as expressly provided for in the Loan Documents, no Restricted Person will, directly or indirectly, enter into, create, or otherwise allow to exist any contractual restriction or other consensual restriction on the ability of any Subsidiary of Borrower to: (a) pay dividends or make other distributions to Borrower, (b) to redeem Equity interests held in it by Borrower, (c) to repay loans and other indebtedness owing by it to Borrower, or (d) to transfer any of its assets to Borrower, except in the case of clause (d) for (i) customary limitations and restrictions contained in, and limited to, specific leases, licenses, conveyances, partnership agreements and co-owners’ agreements, and similar conveyances and agreements, (ii) customary restrictions on the assignment or transfer of any contract or agreement that are contained in such contract or agreement, (iii) limitations and restrictions arising in connection with Permitted Liens affecting only property subject to such Permitted Lien, (iv) any restriction imposed on particular assets or properties pursuant to an agreement entered into for a sale of such assets or properties not prohibited by Section 7.5 of this Agreement pending the closing of such sale, and (v) limitations and restrictions arising or existing by reason of applicable Law. No Restricted Person will enter into any “take-or-pay” contract. No Restricted Person will amend or permit any amendment to any contract or lease that releases, qualifies, limits, makes contingent or otherwise detrimentally affects the rights and benefits of Administrative Agent or any Lender under or acquired pursuant to any Security Documents. No ERISA Affiliate will incur any obligation to contribute to any Multiemployer Plan or any plan subject to Section 4064 of ERISA. No Restricted Person will, directly or indirectly, enter into, create, or otherwise allow to exist any contractual restriction or other consensual restriction on the ability of any Restricted Person to repay any Indebtedness incurred pursuant to Section 7.1(c).