Examples of Embargoed Countries in a sentence
The lists of Embargoed Countries and Designated Nationals are subject to change without notice.
The lists of Embargoed Countries and Denied or Restricted Parties are subject to change without notice.
Embargoed Countries and Entities (Section 746), Export Control Program Description and Licensing Policy.
You represent and warrant that all Partner Products are authorized for distribution in all jurisdictions other than the Embargoed Countries under applicable Export Controls and Sanctions and that You have obtained any required authorizations from countries that mandate import authorizations for the Partner Products.
The OFAC sanctions do not extend to passive awareness by US Person employees of the Company and Group Companies’ activities involving US Sanctions Targets or Embargoed Countries, as long as the US Persons do not use their awareness of such business to engage in unauthorized activity that facilitates OFAC-prohibited business.
Publication and distribution to US Person employees of general purpose management reports or financial statements, disclosing costs/revenues/profits and other information about the Company and Group Companies’ business with the Embargoed Countries in the context of the Company and Group Companies’ global business activity, would not violate this Policy as long as the US Persons do not participate in any commercial deliberations or decision making in furtherance of unauthorized OFAC- prohibited business.
Products and services of the Company must not be traded, directly or indirectly with Sanctions Targets or the Embargoed Countries unless the Company's Legal and Compliance Department has first confirmed that the prospective transaction does not violate applicable sanctions or otherwise expose the Company to such risk.
Recusal of US Person Committee Members• As noted above, anyone affiliated with the Company and the Group Companies who is a US Person may not approve, authorize, advise on or otherwise provide support or assistance in connection with business involving US Sanctions Targets or Embargoed Countries unless US law permits their involvement in a particular case ( e.g., because OFAC has licensed the transaction or because of the limited nature of the SSI sanctions).
In this context, US Person members of or advisors the Company and Group Companies’ boards and committees may address sanctions compliance issues on behalf of the Company and Group Companies, while at the same time recusing themselves from any commercial planning or decisions in furtherance of OFAC-prohibited business with US Sanctions Targets or Embargoed Countries.
Not intentionally stored in a country listed in Country Group D:5 (US Arms Embargoed Countries, see 15 CFR part 740, Supp.