Sanction Sample Clauses

Sanction. (a) Neither the Borrower nor any Guarantor shall (and the Borrower shall procure that no member of the Borrower Group will): (i) contribute or otherwise make available the proceeds of this Agreement, directly or indirectly, to any person or entity (whether or not related to any member of the Borrower Group) for the purpose of financing the activities of any person or entity which is listed on a Sanctions List, or owned or controlled by a person or entity listed on a Sanctions List, or currently located in a Sanctioned Country, to the extent such contribution or provision of proceeds would be prohibited by Sanctions or would otherwise cause any person to be in breach of Sanctions, including but not limited to OFAC sanctions where such contribution or provision of proceeds is or would be conducted by a person in the United States of America; or (ii) fund all or part of any repayment under this Agreement out of proceeds derived from transactions which would be prohibited by Sanctions or would otherwise cause any person to be in breach of Sanctions. (b) The Borrower and each Guarantor shall (and the Borrower shall ensure that each member of the Borrower Group will) ensure that appropriate controls and safeguards are in place designed to prevent any proceeds of this Agreement from being used contrary to Section 5.17(a).
AutoNDA by SimpleDocs
Sanction. A penalty imposed by the State, which includes withholding of funds or disallowance of costs under a grant or subgrant, the suspension or termination of all or part of a subgrant or projects under a subgrant, and being determined temporarily or permanently ineligible for a subgrant award.
Sanction a. Described below is the district’s procedure for determining compliance for those TA recipients who wish to end their employment sanction (18 NYCRR 385.12, 385.13), including the time period established for demonstrating compliance to the satisfaction of the district: The district requires that an individual who wishes to end their employment sanction come into compliance with the employment activity that he/she failed to comply with originally. The district requires compliance with the activity for 10 consecutive working days to demonstrate ongoing willingness to comply. In such instances where it is not feasible for the client to comply with the original activity, such as a sanction for a recipient voluntary job quit, the district will first look to assign the client to the Work Experience Program and require that the client demonstrate compliance with this activity. If there is no available WEP site at the time the client states he/she is willing to comply with employment requirements he/she will be assigned to do 10 consecutive working days of job search and be required to demonstrate compliance with this activity. For those individuals who wish to end their employment sanctions who have completed the minimum duration and now claim he/she is unable to work, we will issue a DSS-4526 to be completed by the treating physician(s) or, if there is no treating physician, he/she will be given an appointment for IMA . Compliance will not be longer than the 10 days for a non-exempt individual. Once the individual has demonstrated compliance by participating in an approved work activity for 10 consecutive days or has documented an inability to participate in work activities, benefits he/she had will be restored retroactive to the date the he/she indicated a willingness to comply or claimed to be unable to participate (but no earlier than the expiration of the minimum duration period. b. Describe below the district's procedure for determining compliance for those SNAP recipients who wish to end their employment sanction (18 NYCRR 385.12, 18 NYCRR 385.13), including the time period established for demonstrating compliance to the satisfaction of the district: A SNAP recipient can end their sanction by providing documentation of an exemption at any time during the duration of the sanction or when the duration is concluded.
Sanction. 6.6.6 If the Company has reasonable suspicion that the Partner has committed an act in violation of any of the above mentioned and/or of non-compliance with the provisions herein, the Company reserves the right to, at its sole discretion, with regards to the nature of the breach, including but not limited to: a. Send a normal notice referencing the breaches to the Partner to comply within a certain timeframe, and/or b. Send a warning letter to the Partner to comply within a certain timeframe and/or to cease immediately such act or practice and/or to remove immediately any non- compliant material or attitude, before the termination of this Agreement, and/or c. Stop any advertising campaigns, and/or d. Suspend the Partner Account, and/or refuse access to and use of the Company’s services and/or Partner Portal and/or Partner account and/or e. Hold back commission or remuneration until the breach is corrected f. Immediate Termination of the Agreement, and/or g. Retain a part or all Partner’s commissions and/or retain outstanding payments, AND h. Take any other legal actions deemed necessary for the preservation of the interest, reputation, economy and business of the Company, its employees, and Directors, its associates and of any other stakeholders.
Sanction. The Seller will take, in accordance with applicable Law, all appropriate steps to defend before the Grand Court the Transaction as approved by the Sanction.
Sanction a. Described below is the district’s procedure for determining compliance for those TA recipients who wish to end their employment sanction (18 NYCRR 385.12, 385.13), including the time period established for demonstrating compliance to the satisfaction of the district: A durational sanction, which has been served, may be lifted when a non-exempt individual has agreed to comply. An assessment and Employment Plan will be developed, to determine the most appropriate work activity. If the individual demonstrates compliance and accepts the work activity referral, the sanction will be immediately lifted. TA benefits will be restored retroactive to the date the individual demonstrated a willingness to comply, but not before the durational sanction period has been served. A durational sanction, which has been served, may be lifted for an individual that documents an exemption. The assessment will determine barriers to employment and the sanction will be lifted immediately.
Sanction. This Agreement and the Transaction shall have been duly sanctioned by the Grand Court (as defined in Sections 4.03(iii) and 6.01(iii) above) in accordance with applicable Law pursuant to the Sanction, the applicable time period to appeal the Sanction shall have expired without any appeal having been filed, lodged or served within such time period, no application for an extension of time to appeal or for leave to appeal out of time shall have been filed, lodged or served during such period, and the Sanction shall have become final, binding and non-appealable.
AutoNDA by SimpleDocs
Sanction. The Executive Counsel and Xx Xxxxxx have agreed the following terms of settlement:
Sanction. If Consultant violates this section, TxDOT may terminate the Contract immediately for cause, may impose any sanction permitted by law, and may pursue any other remedy permitted by law.
Sanction. The Warrantholder hereby: (a) consents to the supplement, amendment and modification of the Warrants, Company Warrant Instrument and Company Warrant Certificate as provided in this Agreement and the Merger Agreement; and (b) acknowledges and agrees that (i) the terms and conditions of this Agreement have been and hereby are duly approved by a Special Resolution (as defined in the Company Warrant Instrument in effect as of the date of this Agreement); and (ii) the modification of the Company Warrant Instrument pursuant to this Agreement is valid and effective notwithstanding any procedural requirements contained in clause 11 of the Company Warrant Instrument, the same being inapposite in the context of the Merger Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!