Common use of Trade Sanctions Clause in Contracts

Trade Sanctions. 15.1 Neither the Sponsor, nor any of its directors, officers, employees or Participants, nor, so far as the Sponsor is aware, any agents or other persons acting on behalf of any of the foregoing or any other parties accessing the Event: a) is listed on the “Specially Designated Nationals and Blocked Persons” list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury (OFAC) or any similar list maintained by the United Nations, the European Union, the United Kingdom or any other relevant governmental entity; b) directly or indirectly, has conducted, conducts or is otherwise involved with any business with or involving any government (or any sub-division thereof), or any person, entity or project, targeted by, or located in any country that is the subject of, any of the sanctions administered by OFAC or any equivalent sanctions or measures imposed by the United Nations, the European Union, the United Kingdom or any other relevant governmental entity (collectively “Sanctions”); c) directly or indirectly supports or facilitates, or plans to support or facilitate or otherwise become involved with, any such person, government, entity or project; or d) is or ever has been in violation of or subject to an investigation relating to Sanctions. 15.2 Euromoney reserves the right to refuse to provide the Sponsorship Benefits to the Sponsor for an Event and to terminate this Agreement with immediate effect without any liability by giving written notice to the Sponsor if, in its sole discretion, it determines that the Sponsor’s sponsorship of the Event causes or will cause: a) Euromoney, its affiliates, the Event Venue owner or the Event Hosting Platform or the Sponsor fail to comply with applicable law, including in circumstances where the transactions or payments contemplated under this Agreement are in breach of, or otherwise targeted by Sanctions or other laws; b) Euromoney to breach any term, warranty, condition or other provision of any contract or undertaking to which Euromoney and/or any of its affiliates is or becomes a party; or c) a disruption at the Event, to threaten the safety of other attendees or to hinder the enjoyment of the Event by other attendees. 15.3 Without prejudice to any other rights or remedies available to Euromoney, Euromoney reserves the right to recover from the Sponsor any loss or damage incurred or suffered by Euromoney, the Event Venue, the Event Hosting Platform or any other Sponsors as a result of your conduct at the Event or failure to comply with these Terms. In such circumstances, a Sponsor shall not be entitled to a refund of any Fees.

Trade Sanctions. 15.1 14.1 Neither the Sponsor, nor any of its directors, officers, employees or Participants, nor, so far as the Sponsor is aware, any agents or other persons acting on behalf of any of the foregoing or any other parties accessing the Event: a) is listed on the “Specially Designated Nationals and Blocked Persons” list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury (OFAC) or any similar list maintained by the United Nations, the European Union, the United Kingdom or any other relevant governmental entity; b) directly or indirectly, has conducted, conducts or is otherwise involved with any business with or involving any government (or any sub-division thereof), or any person, entity or project, targeted by, or located in any country that is the subject of, any of the sanctions administered by OFAC or any equivalent sanctions or measures imposed by the United Nations, the European Union, the United Kingdom or any other relevant governmental entity (collectively “Sanctions”); c) directly or indirectly supports or facilitates, or plans to support or facilitate or otherwise become involved with, any such person, government, entity or project; or d) is or ever has been in violation of or subject to an investigation relating to Sanctions. 15.2 Euromoney 14.2 The Company reserves the right to refuse to provide the Sponsorship Benefits to the Sponsor for an Event and to terminate this Agreement with immediate effect without any liability by giving written notice to the Sponsor if, in its sole discretion, it determines that the Sponsor’s sponsorship of the Event causes or will cause: a) EuromoneyThe Company, its affiliates, the Event Venue owner or the Event Hosting Platform or the Sponsor fail to comply with applicable law, including in circumstances where the transactions or payments contemplated under this Agreement are in breach of, or otherwise targeted by Sanctions or other laws; b) Euromoney the Company to breach any term, warranty, condition or other provision of any contract or undertaking to which Euromoney the Company and/or any of its affiliates is or becomes a party; or c) a disruption at the Event, to threaten the safety of other attendees or to hinder the enjoyment of the Event by other attendees. 15.3 14.3 Without prejudice to any other rights or remedies available to Euromoneythe Company, Euromoney the Company reserves the right to recover from the Sponsor any loss or damage incurred or suffered by Euromoneythe Company, the Event Venue, the Event Hosting Platform or any other Sponsors as a result of your conduct at the Event or failure to comply with these Terms. In such circumstances, a Sponsor shall not be entitled to a refund of any Fees.