Sanctions Clause. The parties warrant to each other that they have an active sanctions policy in place and that to the best of their knowledge none of the parties connected to the purchase of the vessel are Specially Designated Nationals under United Nations and / or United States of America and / or European Union sanctions. The Sellers confirm that to the best of their knowledge the Vessel is not blacklisted / boycotted by any nation or organization.
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Samples: Memorandum of Agreement (Teekay Tankers Ltd.), Memorandum of Agreement (Teekay Tankers Ltd.), Memorandum of Agreement (Teekay Tankers Ltd.)
Sanctions Clause. The parties warrant to each other that they have an active sanctions policy in place and that to the best of their knowledge none of the parties connected to the purchase of the vessel are Specially Designated Nationals under United Nations and / or United States of America and / or European Union sanctions. The Sellers confirm that to the best of their knowledge the Vessel is not blacklisted / boycotted by any nation or organization.
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