Blocked Country definition

Blocked Country means a country subject to a sanctions program identified on the list maintained by OFAC and available at ht▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇-center/sanctions/Pages/default.aspx, or as otherwise published from time to time.
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Blocked Country has the meaning set forth in Section 10.4.3.
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Examples of Blocked Country in a sentence

  • CpG shall use its best efforts to pay the LOEB such accrued amounts within thirty days of such resolution in the Blocked Country.

  • If, at any time, a product is sold in a country in which conditions or legal restrictions exist which prohibit remittance of royalty payments (“Blocked Country”), CpG or its Affiliates shall accrue the amount of royalties due in such Blocked Country on paper on behalf of the LOEB.

  • Roche or its Affiliate (i) shall pay that “number” to Trimeris as converted to USD in accordance with Section 7.6, and (ii) shall deposit the excess of the applicable royalty over the “number”, in the currency of the country of sale of the Product, to Trimeris’ account in a bank designated by Trimeris in such Blocked Country.

  • If such Product is manufactured in the same or another Blocked Country, the Royalty Paying Party shall have the option to make such payment by depositing the amount thereof in the currency of either the Blocked Country where the Product is sold or the Blocked Country where the Product is manufactured, at the Royalty Receiving Party's election, to the Royalty Receiving Party's account in a bank designated by the Royal Receiving Party in such Blocked Country.

  • The Royalty Paying Party or its Affiliates shall (i) pay the Royalty Receiving Party in United States Dollars the Initial Royalty Payment and (ii) deposit the difference between the royalty payment due and the Initial Royalty Payment to the Royalty Receiving Party's account in a bank designated by the Royalty Receiving Party in such Blocked Country in the currency of such Blocked Country.

  • This section does not change Customer’s liability to pay for any fraudulent traffic, including traffic to any destinations on the LD Fraud Blocked Country List.

  • If such Product is manufactured in a country that is not a Blocked Country, then the payment shall be made as follows.

  • ROCHE or its Affiliate (i) shall pay that "number" to TRIMERIS as converted to USD in accordance with Section 7.7, and (ii) shall deposit the excess of the applicable royalty over the "number", in the currency of the country of sale of the Joint Product, to TRIMERIS's account in a bank designated by TRIMERIS in such Blocked Country.

  • Customer may visit ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/support/files/Fra ud-Block-Country-Code-1-7-15.jpg for notices for the current list of blocked countries (“LD Fraud Blocked Country List”).

  • Roche or its Affiliate (i) shall pay that "number" to Trimeris as converted to USD in accordance with Section 6.8, and (ii) shall deposit the excess of the applicable royalty over the "number", in the currency of the country of sale of the Product, to Trimeris's account in a bank designated by Trimeris in such Blocked Country.