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 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.
Canadian Economic Sanctions and Export Control Laws means the Special Economic Measures Act (Canada) (S,C. 1992, c. 17) and the regulations made thereunder, the United Nations Act (Canada) (R.S.C. 1985, c. U-2), and the regulations made thereunder, Freezing Assets of Corrupt Foreign Officials Act (Canada) (S.C. 2011, c.10), and the regulations made thereunder, Part II.1 of the Criminal Code (Canada) (R.S.C., 1985, c. C-46), and the regulations made thereunder, the Export and Import Permits Act (Canada) (R.S.C., 1985, c. E-19), and the regulations made thereunder, any other law or regulation promulgated from time to time and administered by Global Affairs Canada and any similar laws enacted in Canada after the date of this Agreement.
Examples of Canadian Economic Sanctions and Export Control Laws in a sentence
The Borrower shall adopt and maintain adequate policies, procedures, and controls to ensure that it is in material compliance with applicable Canadian Economic Sanctions and Export Control Laws.
When the balance between supply and demand is strained or in the event of an outage, NLDC needs to interact only with BLDC, which minimizes the workload of NLDC.
The Borrower will comply, in all material respects with applicable Canadian Economic Sanctions and Export Control Laws, including those regarding activities involving Iran or Sudan.
None of the transactions contemplated by the Loan Documents violates the Canadian Economic Sanctions and Export Control Laws.
Each of Holdings and its Subsidiaries shall adopt and maintain adequate policies, procedures, and controls to ensure that it is in material compliance with applicable Canadian Economic Sanctions and Export Control Laws and other applicable Canadian trade-related laws.
More Definitions of 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, S.C. 1992, c. 17, the United Nations Act, R.S.C. 1985, c. U-2, the Freezing Assets of Corrupt Foreign Officials Act, S.C. 2011, c. 10, Part II.1 of the Criminal Code, R.S.C. 1985, c. C-46, and the Export and Import Permits Act, R.S.C. 1985, c. E-19, and any related regulations.
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, S.C. 1992, c. 17, the United Nations Act, R.S.C. 1985, c. U-2, the Freezing Assets of Corrupt Foreign Officials Act,S.C. 2011, c. 10, Part II.1 of the Criminal Code, R.S.C. 1985, c. C-46, and the Export and Import Permits Act, R.S.C. 1985, c. E-19, and any related regulations.
Canadian Economic Sanctions and Export Control Laws means collectively the Special Economic Measures Act (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), the Justice for Victims of Corrupt Foreign Officials Act (Xxxxxx Xxxxxxxxx Law) (Canada), the United Nations Act (Canada), Part II.1 of the Criminal Code (Canada), and any regulations passed under the aforementioned acts and any similar legislation (collectively “Canadian Economic Sanctions”), the Export and Import Permits Act (Canada) and any regulations passed thereunder (including the Export Control List, and any similar legislation governing transactions in controlled goods or technologies.
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 deemed 8
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled good or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including, without limitation, the United Nations Act (Canada), Special Economic Measures Act (Canada), the Justice for Victims of Corrupt Foreign Officials Act (Xxxxxx Xxxxxxxxx Law) (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), Part II.1 of the Criminal Code (Canada), the Export and Import Permits Act (Canada), the Defence Production Act (Canada), and the Foreign Extraterritorial Measures Act (Canada). “Canadian Guarantee” means the Canadian guarantee, dated as of the Closing Date, executed in favor of the Administrative Agent and the other Secured Parties by each of the Canadian Loan Parties. “Canadian Loan Party” means each Loan Party that is organized under the laws of Canada or any province or territory thereof. “Canadian Multi-Employer Plan” means a “multi-employer plan” or similar plan under applicable federal or provincial pension standards legislation in Canada that is maintained, sponsored or contributed to by a Loan Party for its Canadian employees or former employees or under which a Loan Party has any liability, but excluding any Canadian Pension Plan. “Canadian Pension Event” means the occurrence of any of the following: (a) the board of directors of any Loan Party passes a resolution to terminate, wind up or withdraw from in whole or in part any
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 Obligations” has the meaning assigned to such term in Section 10.01(b). “Canadian Loan Guarantors” means, individually or collectively, as the context may require, the Canadian Borrowers, any other Canadian Subsidiary of a Loan Party who becomes a party to this Agreement pursuant to a Joinder Agreement, and, in each case, their respective successors and assigns. “Canadian Loan Party” means, individually or collectively, as the context may require, the Canadian Borrowers and the Canadian Loan Guarantors. “Canadian Pension Event” means (a) any Loan Party shall, directly or indirectly, terminate or cause to terminate, in whole or in part, or initiate the termination of, in whole or in part, any Canadian Defined Benefit Pension Plan so as to result in any liability; (b) any Loan Party shall fail to make minimum required contributions to amortize any funding deficiencies under a Canadian Defined Benefit Pension Plan within the time period set out in applicable laws or fail to make a required contribution under any Canadian Pension Plan which could result in the imposition of a Lien upon the assets of any Loan Party; or
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