Common use of Sanctioned Entity Clause in Contracts

Sanctioned Entity. (a) a country or a government of a country, (b) an agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or determined to be resident in a country, in each case, that is subject to a country sanctions program administered and enforced by OFAC. Sanctioned Person – a person named on the list of Specially Designated Nationals maintained by OFAC. Xxxxxxxx-Xxxxx – the Xxxxxxxx-Xxxxx Act of 2002.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Birks Group Inc.), Term Loan and Security Agreement (Birks Group Inc.)

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Sanctioned Entity. (a) a A country or a government of a country, (b) an agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or determined to be resident in a country, that in each case, that case is subject to a country sanctions program administered and enforced by OFAC. Sanctioned , or (e) a Person – a person named on the list of Specially Designated Nationals maintained by the OFAC. Xxxxxxxx-Xxxxx – the Xxxxxxxx-Xxxxx Act of 2002.

Appears in 1 contract

Samples: Tax Lien Loan and Security Agreement (Encore Capital Group Inc)

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Sanctioned Entity. (a) a country or territory or a government of a countrycountry or territory, (b) an agency of the government of a countrycountry or territory, (c) an organization directly or indirectly controlled by a country or territory or its government, or (d) a Person resident in or determined to be resident in a countrycountry or territory, in each case, case of clauses (a) through (d) that is subject to a target of Sanctions, including a target of any country sanctions program administered and enforced by OFAC. Sanctioned Person – a person named on the list of Specially Designated Nationals maintained by OFAC. Xxxxxxxx-Xxxxx – the Xxxxxxxx-Xxxxx Act of 2002.

Appears in 1 contract

Samples: Loan and Security Agreement (NewLake Capital Partners, Inc.)

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