OFAC SDN List definition

OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC.
OFAC SDN List has the meaning set forth in Section 20.11 (Sanctions). “OFAC SDN 名单”具有第 20.11 条(制裁)中所述的含义。
OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC. “Organizational Documents” means, with respect to any Person (other than an individual), such Person’s Articles or Certificate of Incorporation, operating agreement or equivalent formation documents, such Person’s bylaws, regulations, trust agreement or equivalent governing documents and any similar organizational documents of such Person. “Participating Interest” is defined in Section 2.3(e). “Participating Lender” is defined in Section 2.3(e). “Patriot Act” is defined in Section 11.23. “PBGC” means the Pension Benefit Guaranty Corporation or any Person succeeding to any or all of its functions under ERISA. “Percentage” means for any Lender its Revolver Percentage or, Term Loan Percentage, as applicable; and where the term “Percentage” is applied on an aggregate basis (including Section 9.6), such aggregate percentage shall be calculated by aggregating the separate components of the Revolver Percentage and Term Loan Percentage, and expressing such components on a single percentage basis. “Permitted Acquisition” means (x) the Third Amendment Acquisitions and (y) any other Acquisition with respect to which all of the following conditions shall have been satisfied: (a) the Acquired Business is in an Eligible Line of Business and has its primary operations within the United States of America or Canada; (b) the Acquisition shall not be a Hostile Acquisition; (c) the financial statements of the Acquired Business shall have been audited by a nationally recognized accounting firm or such financial statements shall have undergone review of a scope satisfactory to Administrative Agent; (d) the Total Consideration for the Acquired Business (other than in the case of the Third Amendment Acquisitions) shall not exceed $150,000,000;

Examples of OFAC SDN List in a sentence

  • The Servicer (i) is not identified on the OFAC SDN List, (ii) is not a Sanctioned Person, (iii) does not have more than 15% of its assets in Sanctioned Countries, and (iv) does not derive more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries.

  • The Borrower (i) is not identified on the OFAC SDN List, (ii) is not a Sanctioned Person, (iii) does not have more than 15% of its assets in Sanctioned Countries, and (iv) does not derive more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries.


More Definitions of OFAC SDN List

OFAC SDN List has the meaning set forth in Section 14.11 (Sanctions).
OFAC SDN List means the List of Specially Designated Nationals administered by the United States Office of Foreign Asset Control.
OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC. “Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between
OFAC SDN List has the meaning set forth in Section 14.11 (Sanctions). "Party" and "Parties" have the meaning set forth in the Preamble.
OFAC SDN List means the list of “Specially Designated Nationals and Blocked Persons” maintained by OFAC. “OFAC Violation” has the meaning assigned to such term in Section 5.02(t)(v) hereof.
OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC. “Original Dollar Amount” means the amount of any Obligation denominated in U.S. Dollars and, in relation to any Loan denominated in an Alternative Currency, the U.S. Dollar Equivalent of such Loan on the day it is advanced or continued for an Interest Period. “Parent” means ▇▇▇▇▇ ▇▇▇▇ LaSalle Incorporated, a Maryland corporation. “Participant Register” is defined in Section 12.11 hereof. “Participating Lender” is defined in Section 1.3(d) hereof.
OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC. “PBGC” is defined in Section 6.12 hereof. “Permitted Discretion” means a determination made in good faith and in the exercise of commercially reasonable (from the perspective of a secured asset-based lender) business judgment. “Person” means an individual, partnership, corporation, limited liability company, association, trust, unincorporated organization or any other entity or organization, including a government or agency or political subdivision thereof. “Plan” means with respect to the Borrower and each Subsidiary at any time an employee pension benefit plan which is covered by Title IV of ERISA or subject to the minimum f unding standards under Section 412 of the Code and either (a) is maintained by a member of the Controlled Group for employees of a member of the Controlled Group, (b) is maintained