Canadian Blocked Person means any Person that is a “politically exposed foreign person” or “terrorist group” or similar person whose property or interests in property are blocked or subject to blocking pursuant to, or as described in, any Canadian Economic Sanctions and Export Control Laws.
Canadian Blocked Person means any Person that is a “designated person”, “politically exposed foreign person” or “terrorist group” as described in any Canadian Economic Sanctions and Export Control Laws.
Canadian Blocked Person means any Person that is a “designated person”, “politically exposed foreign person” or “terrorist group” as described in any applicable Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including the Special Xxxxxxxx Xxxxxxxx Xxx (Xxxxxx), the United Nations Act (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), Part II.1 of the Criminal Code (Canada) and the Export and Import Permits Act (Canada), and any related regulations.
Examples of Canadian Blocked Person in a sentence
Furthermore, no Loan Party nor any Subsidiary thereof is a Canadian Blocked Person and, to the actual knowledge of each Loan Party, no Loan Party or Subsidiary thereof engages in any dealings or transactions, or is otherwise associated, with a Canadian Blocked Person.
Therefore, it is important to remember in choosing a fence that there may be an impact on other residents of Poplar Tree.
More Definitions of Canadian Blocked Person
Canadian Blocked Person means any Person that is (a) a “terrorist group” as defined for the purposes of Part II.1 of the Criminal Code (Canada) or (b) a Person identified in or pursuant to (1) Part II.1 of the Criminal Code (Canada), or (2) regulations or orders promulgated pursuant to the Special Economic Measures Act (Canada), the United Nations Act (Canada) or the Freezing Assets of Corrupt Foreign Officials Act (Canada), as a Person in respect of whose property or benefit a holder of Notes would be prohibited from entering into or facilitating a related financial transaction.
Canadian Blocked Person any Person that is a “designated person”, “politically exposed foreign person” or “terrorist group” as described in any Canadian Economic Sanctions and Export Control Laws. Canadian Borrower: as defined in the preamble to this Agreement. Canadian Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the Maximum Canadian Facility Amount; and (b) the sum, without duplication, of (i) eighty-five percent (85%) of the Net Amount of Canadian Eligible Accounts (including all Municipal Government Accounts that are Canadian Eligible Accounts, but excluding Canadian Investment Grade Accounts that are Canadian Eligible Accounts), subject to a cap of $20,000,000 on unbilled Canadian Eligible Accounts (including Canadian Investment Grade Accounts), plus (ii) the lesser of (A) eighty-five percent (85%) of the Net Amount of Canadian Government Accounts that are Canadian Eligible Accounts (which amount may include 7
Canadian Blocked Person means any Person that is a “politically exposed foreign person” or “terrorist group” or similar person whose property or interests in property are blocked or subject to blocking pursuant to, or as described in, any Canadian Economic Sanctions and Export Control Laws. “Canadian Borrowers” means, collectively (a) Designer Brands Canada Inc. and (b) each Canadian Subsidiary of the Company that becomes a party to this Agreement as a “Canadian Borrower” following the date hereof pursuant to Section 5.14, in each case, until such time as such Canadian Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement. “Canadian Borrowing Base” means (a) the product of (i) 90% multiplied by (ii) the Eligible Credit Card Accounts of the Canadian Loan Parties at such time, plus
Canadian Blocked Person means (i) a “terrorist group” as defined for the purposes of Part II.1 of the Criminal Code (Canada), as amended or (ii) a Person identified in or pursuant to (x) Part II.1 of the Criminal Code (Canada), as amended or (y) regulations or orders promulgated pursuant to the Special Economic Measures Act (Canada), as amended, the United Nations Act (Canada), as amended, or the Freezing Assets of Corrupt Foreign Officials Act (Canada), as amended, in any case pursuant to this clause (ii) as a Person in respect of whose property or benefit a holder of Notes would be prohibited from entering into or facilitating a related financial transaction.
Canadian Blocked Person means any Person that is a “designated person”, “politically exposed foreign person” or “terrorist group” as described in any Canadian Economic Sanctions and Export Control Laws. “Canadian Economic Sanctions and Export Control Laws” means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including the Special Economic Measures Act (Canada), the United Nations Act, (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), Part II.1 of the Criminal Code (Canada) and the Export and Import Permits Act (Canada), and any related regulations. “Capital Lease Obligations” means subject to Section 1.03(b), with respect to any Person for any period, the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which the amount of the obligations in respect thereof that would at the time be required to be classified and accounted for as liabilities on a balance sheet of such Person under GAAP and the amount of which obligations shall be the capitalized amount thereof determined in accordance with GAAP. “Cash Collateral Account” means a non-interest bearing account established by one or more of the Loan Parties with Xxxxx Fargo, and in the name of, the Agent (or as the Agent shall otherwise direct) and under the sole and exclusive dominion and control of the Agent, in which deposits are required to be made in accordance with Section 2.03(k) or 8.02(c). “Cash Collateralize” has the meaning specified in Section 2.03(k). Derivatives of such term have corresponding meanings. “Cash Dominion Event” means any of the following (i) the occurrence and continuance of any Event of Default or (ii) (x) at any time on or before the Flip Date, (1) the failure of the Borrowers to maintain Availability for more than two (2) Business Days of at least 15% of the Loan Cap or (2) the failure of the Borrowers to maintain Deposited Cash at least equal to $32,000,000 (or such lesser amount as may be agreed to by the Agent in writing in its sole discretion) in the aggregate at any time and (y) at any time after the Flip Date, the failure of the Borrowers to maintain Availability of at least 17.5% of the Loan Cap. For purposes of this Agreement, the occurrence of a Cash Dominion Event shall be de...
Canadian Blocked Person means any Person that is a “politically exposed foreign person” or “terrorist group” or similar person whose property or interests in property are blocked or subject to blocking pursuant to, or as described in, any Canadian Economic Sanctions and Export Control Laws. “Canadian Borrower” means Designer Brands Canada Inc. “Canadian Closing Date Commitment” means, with respect to each Lender, the commitment, if any, of such Lender to make the Closing Date Term Loans in U.S. Dollars to the Canadian Borrower on the Closing Date in accordance with Section 2.01(a). “Canadian Collateral” means any and all property of any Canadian Loan Party covered by the Collateral Documents and any and all other property of any Canadian Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Xxxx in favor of the Administrative Agent to secure the Canadian Secured Obligations. “Canadian Commitment” means, with respect to each Lender, the sum of its Canadian Closing Date Commitment and Canadian Delay Draw Commitment. Canadian Defined Benefit Plan” means a Canadian Pension Plan, which contains a “defined benefit provision,” as defined in subsection 147.1(1) of the ITA. “Canadian Delay Draw Commitment” means, with respect to each Lender, the commitment, if any, of such Lender to make Delay Draw Term Loans in U.S. Dollars to the Canadian Borrower in accordance with Section 2.01(b). “Canadian Economic Sanctions and Export Control Laws” means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures. “Canadian Guaranteed Obligation” has the meaning assigned to such term in Section 11.01. “Canadian Guarantor” means each Restricted Subsidiary of the Canadian Borrower that is listed on the signature pages hereto as a Canadian Guarantor or that becomes a party hereto as a Canadian Guarantor pursuant to Section 5.14, in each case, until such Subsidiary’s Canadian Guaranty is released in accordance herewith. “Canadian Guaranty” means Article XI of this Agreement. “Canadian Loan Parties” means, individually and collectively as the context may require, the Canadian Borrower and the Canadian Guarantors. “Canadian MEPP” means any plan that is a multi-employer pension plan as defined under the applicable federal or provincial pension standards legislation in Canada. 6 11584747
Canadian Blocked Person means any Person that is a “politically exposed foreign person” as defined in the Freezing Assets of Corrupt Foreign Officials Act