Blocking Regulation definition

Blocking Regulation as defined in Section 3.17.

Blocking Regulation means any provision of Council Regulation (EC) No 2271/1996 of 22 November 1996, as amended, (or any law or regulation implementing such Regulation in any member state of the European Union or the United Kingdom) or any similar blocking or anti-boycott law, regulation or statute in force from time to time.

Blocking Regulation shall have the meaning set forth in Section 3.27.

Examples of Blocking Regulation in a sentence

• Any provision of this Section 6.17 shall not apply with regard to the European Borrower if and to the extent it is illegal, invalid or unenforceable as a result of any applicable Blocking Regulation and, in such case, the legality, validity and enforceability of this Section 6.17 shall not otherwise be affected.

• Any provision of this Section 6.17 shall not apply if and to the extent it is illegal, invalid or unenforceable as a result of any applicable Blocking Regulation and, in such case, the legality, validity and enforceability of this Section 6.17 shall not otherwise be affected.

• Any provision of this Section 8.12 shall not apply if and to the extent it is illegal, invalid or unenforceable as a result of any applicable Blocking Regulation and, in such case, the legality, validity and enforceability of this Section 8.12 shall not otherwise be affected.

• Any provision of this Section 8.12 shall not apply to the European Borrower if and to the extent it is illegal, invalid or unenforceable as a result of any applicable Blocking Regulation and, in such case, the legality, validity and enforceability of this Section 8.12 shall not otherwise be affected.

More Definitions of Blocking Regulation

Blocking Regulation as defined in subsection 7(s).

Blocking Regulation. Regulation (EU) No 2271/96 of the European Parliament and of the Council of 22 November 1996 protecting against the effects of the extraterritorial application of legislation adopted by a third country, and actions based on or resulting therefrom.

Blocking Regulation means any provision of Council Regulation (EC) No. 2271/1996 of 22 November 1996 and any similar and applicable UK anti-boycott law, instrument or regulation created following the United Kingdom’s exit from the EU;

Blocking Regulation means any provision of Council Regulation (EC) No 2271/1996 of 22 November 1996, as amended, including as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (or any law or regulation implementing such Regulation in any member state of the European Union or the United Kingdom) or any similar blocking or anti-boycott law, regulation or statute in force from time to time.

Blocking Regulation means Council Regulation (EC) No 2271/96 of 22 November 1996 protecting against the effects of the extra-territorial application of legislation adopted by a third country, and actions based thereon or resulting therefrom.

Blocking Regulation means Council Regulation (EC) 2271/96.

Blocking Regulation means (i) Council Regulation (EC) No 2271/1996 of 22 November 1996 (as amended) and/or any applicable national law or regulation relating to it and (ii) any similar and applicable anti-boycott law or regulation created to provide for the UK’s substantive retention of Council Regulation (EC) No. 2271/96 and Commission Implementing Regulation (EU) 2018/1101 after exiting the European Union (presently being the Extraterritorial US Legislation (Sanctions against Cuba, Iran and Libya) (Protection of Trading Interests) Order 1996, as amended by the Protecting Against the Effects of the Extraterritorial Application of Third Country Legislation (Amendment) (EU Exit) Regulations 2020).