Foreign Assets Control Regulation definition

Foreign Assets Control Regulation shall have the meaning set forth in Section 5.17. “Funding Date” shall have the meaning set forth in Section 2.03(a).
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Foreign Assets Control Regulation shall have the meaning set forth in Section 5.17.
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Foreign Assets Control Regulation has the meaning assigned to that term in Section 4.18.
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Examples of Foreign Assets Control Regulation in a sentence

  • Each of the representations and warranties contained in Clause 17.22 (Sanctions), 17.23 (Corrupt Practices), Clause 17.24 (No Money Laundering, anti-bribery and anti-corruption) and Clause 17.25 (Foreign Assets Control Regulation) shall be deemed to be repeated by the Borrower by reference to the facts and circumstances then existing on the first day if each Interest Period.

  • Failure of a financial institution to maintain and implement adequate programs to combat money laundering and terrorist financing, or to comply with all of the relevant laws or regulations, could have serious legal and reputational consequences for the institution.Office of Foreign Assets Control Regulation.

  • In addition, Cadence is in material compliance with the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act, GLB Act Privacy Provisions, Office of Foreign Assets Control Regulation (OFAC), Bank Protection Act, and all applicable Financial Crimes Enforcement Network (FinCEN) requirements and all other related laws.

  • Seq.: (ii) U.S. Export Regulations and laws restricting U.S. companies and their foreign affiliates and subsidiaries from doing business with certain embargoed countries and entities as set forth in the U.S. Foreign Assets Control Regulation (FACR), 31 C.F.R. §§ 500 et.

  • In addition, GNB Bank is fully aware of its responsibilities with respect to the USA Patriot Act, Gramm Lxxxx Bxxxxx Act Privacy Provisions, Office of Foreign Assets Control Regulation (OFAC), Bank Protection Act, all applicable Financial Crimes Enforcement Network (FinCEN) requirements and all other related laws.

  • Section 1.3 has been updated with two new subsections regarding compliance with the USA PATRIOT Act, Anti‐Money Laundering and Bank Secrecy Act and Department of Treasury Office of Foreign Assets Control Regulation.

  • No Foreign Assets Control Regulation Violation.................................................

  • Employees, officers, directors and Operating Committee Members may only transact business on behalf of the Company in foreign markets and with foreign government officials in accordance with the Company’s established Foreign Corrupt Practices Act Policy, the UK Bribery Act Policy and the Office of Foreign Assets Control Regulation Compliance Policy and/or any applicable law, including the Foreign Corrupt Practices Act.

  • In addition, Gateway and Gateway Bank are in compliance with the USA Patriot Act, Gramm Xxxxx Xxxxxx Act Privacy Provisions, Office of Foreign Assets Control Regulation (OFAC), Bank Protection Act, all applicable Financial Crimes Enforcement Network (FinCEN) requirements.

  • No Foreign Assets Control Regulation Violation...............................27 4.23.

Related to Foreign Assets Control Regulation

  • Foreign Assets Control Regulations has the meaning set forth in Section 10.18.

  • Foreign Asset Control Regulations has the meaning set forth in Section 10.18.

  • Foreign Assets means any of the Portfolios’ investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios’ transactions in such investments.

  • DOL Regulations The regulations promulgated by the DOL at 29 C.F.R.ss.2510.3-101.

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • State Sanctions List means a list that is adopted by any state Governmental Authority within the United States of America pertaining to Persons that engage in investment or other commercial activities in Iran or any other country that is a target of economic sanctions imposed under U.S. Economic Sanctions Laws.

  • Council Regulation means Council Regulation (EC) No. 2100/94 of 27th July 1994 on Community plant variety rights;

  • OFAC Regulations means the regulations promulgated by OFAC, as amended from time to time.

  • OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC.

  • Applicable MREL Regulations means, at any time, the laws, regulations, requirements, guidelines and policies then in effect in Norway giving effect to any MREL Requirement or any successor regulations then applicable to the Issuer, including, without limitation to the generality of the foregoing, CRD, the BRRD and those regulations, requirements, guidelines and policies giving effect to any MREL Requirement or any successor regulations then in effect (whether or not such requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to the Issuer or to the Issuer and its subsidiaries);

  • SDN List means the Specially Designated Nationals and Blocked Persons List maintained by OFAC.

  • U.S. Economic Sanctions is defined in Section 5.16(a).

  • OFAC means the Office of Foreign Assets Control of the United States Department of the Treasury.

  • Specially Designated Nationals and Blocked Persons list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury found at: xxxxx://xxx.xxxxxxxx.xxx/ofac/downloads/sdnlist.pdf;

  • Sanctions List means the “Specially Designated Nationals and Blocked Persons” list issued by OFAC, the “Consolidated List of Financial Sanctions Targets and Investment Ban List” issued by HMT, or any similar list issued or maintained or made public by any of the Sanctions Authorities.

  • OFAC Sanctions means any sanctions program administered by the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”) under authority delegated to the Secretary of the Treasury (the “Secretary”) by the President of the United States or provided to the Secretary by statute, and any order or license issued by, or under authority delegated by, the President or provided to the Secretary by statute in connection with a sanctions program thus administered by OFAC. For ease of reference, and not by way of limitation, OFAC Sanctions programs are described on OFAC’s website at xxx.xxxxx.xxx/xxxx.

  • Administrative order means a written notice from the commissioners to the landowner or landowners of record and to the occupants of land informing them they are violating the district’s soil loss limit regulations or maintenance agreement and advising them of action required to conform to the regulations.

  • Economic Sanctions refers to sanctions imposed by the U.S. government in response to Russia’s actions in Ukraine, as well as any sanctions imposed under state law. The EO directs state agencies to terminate contracts with, and to refrain from entering any new contracts with, individuals or entities that are determined to be a target of Economic Sanctions. Accordingly, should the State determine Contractor is a target of Economic Sanctions or is conducting prohibited transactions with sanctioned individuals or entities, that shall be grounds for termination of this agreement. The State shall provide Contractor advance written notice of such termination, allowing Contractor at least 30 calendar days to provide a written response. Termination shall be at the sole discretion of the State.

  • Plan Assets Regulation means 29 C.F.R. Section 2510.3-101, et seq., as modified by Section 3(42) of ERISA.

  • Corrective order means an order issued by the commissioner specifying corrective actions that the commissioner has determined are required.

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • Federal Regulations means those federal regulations relating to cable television services, 47 C.F.R. Section 76.1 et seq. (and, to the extent applicable, any other federal rules and regulations relating to cable television, including but not limited to, those described in 47 C.F.R. Section 76.3), or as such regulations may be amended.

  • Payroll Tax Executive Order means the Presidential Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, as issued on August 8, 2020 and including any administrative or other guidance published with respect thereto by any Governmental Authority (including IRS Notice 2020-65).

  • foreign national means the following:

  • Foreign Air Carrier ’ means a person, not a citizen of the United States, undertaking by any means, directly or indirectly, to provide foreign air transportation.

  • Financial Regulations means regulations made under section 21 of the Act;