Sanctions Clause. Owners represent, warrant, guarantee and undertake that: (a) Owners are not a target of Sanction or a Sanctioned Entity; (b) the vessel is not a target of Sanction or a Sanctioned Entity; and (c) to the best of their knowledge, after having made due enquiries, none of the operational manager, the technical manager nor any owners above the Owners in the chartering chain of the vessel (if applicable), nor the registered owner nor the ultimate beneficial owners of the vessel are Sanctioned Entities or a target of Sanction. For the purposes of this clause 117:
Appears in 6 contracts
Samples: Pool Agreement (Gener8 Maritime, Inc.), Pool Agreement (Gener8 Maritime, Inc.), Pool Agreement (Gener8 Maritime, Inc.)
