Sanctions Target. (i) That neither the Issuer nor any of its subsidiaries nor any of their respective directors or officers nor, to the best of the knowledge of the Issuer or any subsidiary, any of their respective affiliates or employees, is a person with whom transactions are currently prohibited under any sanctions administered by the Office of Foreign Assets Control of the United States Department of the Treasury ("OFAC") or any other sanctions or measures imposed by the European Union, His Majesty's Treasury or the United Nations Security Council or any applicable equivalent sanctions authority in Denmark (collectively, "Sanctions").
Sanctions Target neither the Issuer nor any member of the Group, nor, to the best knowledge of the Issuer, any director, officer, agent, employee or affiliate of the Issuer or any member of the Group has taken any action resulting in a violation of any financial or economic sanctions or trade embargoes administered or enforced by the Office of Foreign Assets Control of the US Department of Treasury (OFAC), the U.S. Departments of State or Commerce or any other US, EU, United Nations or UK economic sanctions ("Sanctions") or is currently a target of any Sanctions ("Sanctions Target") and none of them will lend, invest, contribute or otherwise make available the proceeds of the offering of the Notes to or for the benefit of any then-current Sanctions Target, to any subsidiary, affiliate, joint venture partner or other person or entity, for the purpose of financing or facilitating any activity of or transaction with any person or entity in any country or territory, that, at the time of such funding or facilitation, is a country, or territory with which dealings are restricted or prohibited by any Sanctions (including any person owned or controlled by any person subject to any Sanctions) or in breach of the Sanctions applicable to the Issuer or any member of the Group and none of them has received notice, or is otherwise aware of, any claim, action, suit, investigation or proceeding involving them with respect to Sanctions;
Sanctions Target. None of the Issuers, the Guarantor nor any member of the Group nor, to the knowledge of any of the Issuers or Guarantor, any of their respective directors, officers, agents, employees or Affiliates or any member of the group is currently a target of any financial or economic sanctions or trade embargoes ("Sanctions") administered or enforced by the Office of Foreign Assets Control of the US Department of Treasury (OFAC), the U.S. Departments of State or Commerce or any other United States, European Union, United Nations or United Kingdom economic sanctions ("Sanctions Target"), or is owned 50% or more or otherwise controlled by one or more Sanctions Targets; and none of the Issuers nor Guarantor will, directly or indirectly, lend, invest, contribute or otherwise make available the proceeds of the offering of any Notes to or for the benefit of any then-current Sanctions Target, to any person located in a sanctioned territory or country (as at the date of this Agreement, the Crimea Region of Ukraine, the so-called Donetsk People's Republic Region of Ukraine, the so-called Luhansk People's Republic Region of Ukraine, Syria, North Korea, Iran, Cuba) or in another manner that will result in a violation by any person involved in the issue of any notes of these sanctions. This clause applies provided that the representations, warranties and undertaking provided in this clause are only sought by any Agent incorporated or organised under (a) the laws of a member state of the European Union and given by each Issuer and the Guarantor to the extent that to do so does not result in any violation of the EU Blocking Regulation and/or any associated and applicable national law, instrument or regulation related thereto in the European Union; (b) the laws of the United Kingdom to the extent that to do so does not result in any violation of the UK Blocking Regulation; or (c) the laws of Germany to the extent that to do so does not result in any violation of section 7 of the German Foreign Trade Regulation (Außenwirtschaftsverordnung), and/or similar anti- boycott legislation in Germany.
