Common use of Sanctions Matters Clause in Contracts

Sanctions Matters. Neither the Company, nor any Subsidiary of the Company, nor, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time; (a) the subject of any Sanctions; or (b) has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).

Appears in 23 contracts

Sources: Purchase Agreement (Aspire Biopharma Holdings, Inc.), Purchase Agreement (Digiasia Corp.), Purchase Agreement (Aspire Biopharma Holdings, Inc.)

Sanctions Matters. Neither the Company, nor any Subsidiary of the Company, nor, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is is: (a) on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time; (ab) the subject of any Sanctions; or (bc) has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).

Appears in 13 contracts

Sources: Standby Equity Purchase Agreement (Taoping Inc.), Standby Equity Purchase Agreement (Taoping Inc.), Standby Equity Purchase Agreement (HealthLynked Corp)

Sanctions Matters. Neither the Company, nor any Subsidiary of the Company, nor, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time;: (a) a. the subject of any Sanctions; or (b) b. has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).

Appears in 9 contracts

Sources: Purchase Agreement (Energy Vault Holdings, Inc.), Purchase Agreement (SAGTEC GLOBAL LTD), Purchase Agreement (Focus Impact BH3 NewCo, Inc.)

Sanctions Matters. Neither the Company, nor any Subsidiary of the Company, nor, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time; (a) : a. the subject of any Sanctions; or (b) or b. has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).

Appears in 2 contracts

Sources: Purchase Agreement (Focus Impact Acquisition Corp.), Purchase Agreement (Sadot Group Inc.)

Sanctions Matters. Neither the Company, nor any Subsidiary of the Company, nor, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time;: (a) a. the subject of any Sanctions; or (b) b. has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).. 2 Company to confirm none

Appears in 2 contracts

Sources: Purchase Agreement (Advanced Biomed Inc.), Purchase Agreement (Advanced Biomed Inc.)

Sanctions Matters. Neither the Company, nor any Subsidiary of the Company, nor, to the Company’s knowledgeKnowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time; (a) the subject of any Sanctions; or (b) has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).

Appears in 2 contracts

Sources: Purchase Agreement (3 E Network Technology Group LTD), Purchase Agreement (Agm Group Holdings, Inc.)

Sanctions Matters. Neither the Company, nor any Subsidiary of the Company, nor, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is is: on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time; (a) ; the subject of any Sanctions; or (b) or has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).

Appears in 1 contract

Sources: Equity Purchase Agreement (Lordstown Motors Corp.)

Sanctions Matters. Neither the Company, nor any Principal Subsidiary of the Company, nor, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company or any Principal Subsidiary of the Company, is a Person that is, or is owned or controlled by a Person that is on the list of Specially Designated Nationals and Blocked Persons maintained by OFAC from time to time;: (a) the subject of any Sanctions; or (b) has a place of business in, or is operating, organized, resident or doing business in a country or territory that is, or whose government is, the subject of Sanctions Programs (including without limitation Crimea, Cuba, Iran, North Korea, Sudan and Syria).

Appears in 1 contract

Sources: Purchase Agreement (Ault Alliance, Inc.)