Common use of Restricted Territories Clause in Contracts

Restricted Territories. countries including Cuba, Syria, Sudan, Iran, North Korea, Myanmar (Burma) and the Crimea territory which are subject to restrictions under New Zealand sanctions regimes or designated or sanctioned parties, including OFAC SDNs. The Restricted Territories may be subject to change in line with international trade restrictions.

Restricted Territories. countries including Cuba, Syria, Sudan, Iran, North Korea, Myanmar (Burma) and the Crimea territory which are subject to restrictions under New Zealand Fiji sanctions regimes or designated or sanctioned parties, including OFAC SDNs. The Restricted Territories may be subject to change in line with international trade restrictions. 24.14 SDNs – OFAC Specially Designated Nations.