Prohibited Country definition

Prohibited Country means a country or territory that is the subject of sanctions administered or enforced by any Sanctions Authority.

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Prohibited Country means any country in which Eximbank coverage is not available for commercial reasons or in which Eximbank is legally prohibited from doing business, as designated in the Country Limitation Schedule.

Prohibited Country has the meaning set forth in Section 3.16.

Examples of Prohibited Country in a sentence

Similarly, indemnities may be provided by a Governmental Authority in lieu of particular insurances; provided, however, that the Grantors shall not, without the prior written consent of the Collateral Agent, be entitled to accept any new such governmental indemnities other than when such indemnities are granted by a Governmental Authority of a country or jurisdiction that is not a Prohibited Country.
Subscriber represents and warrants that it is not located in, or a resident or national, of any Prohibited Country; that it is not on any Lists and that it will comply with all applicable Export Controls.
Notwithstanding the above, if the Territory includes any of the Prohibited Countries set forth in Sybase's then current "Prohibited Country List" (a current copy of which has been provided to Partner), Partner may not market or distribute Programs for use in such Prohibited Countries.
Subscriber represents and warrants that it is not located in, or a resident or national, of any Prohibited Country; that it is not on any Lists; that it will not use the software or technology for any Prohibited Uses; and that it will comply with Export Controls.
Borrower and Guarantors covenant and agree that the Vessel will not (a) be chartered to a Prohibited Person, (b) make voyages to or from any Prohibited Country, and (c) be allowed to carry cargo from or destined to a Prohibited Country.

More Definitions of Prohibited Country

Prohibited Country means any country or geographic region subject to comprehensive economic sanctions administered by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or the European Union, which currently includes: Cuba, Iran, North Korea, Sudan, Syria, and the Crimea region of Ukraine.

Prohibited Country means any country in which Ex-Im Bank coverage is not available for commercial reasons or in which Ex-Im Bank is legally prohibited from doing business, as designated in the Country Limitation Schedule.

Prohibited Country has the meaning given to such term in Section 5.02(t).

Prohibited Country has the meaning determined, from time to time, in accordance with Section 5.03(a) hereof.

Prohibited Country means (a) any state, country or jurisdiction which is subject to any United Nations Security Council Resolution, European Union Decision or United States or other Applicable Law which would have the effect of prohibiting the sale, lease, charter, or voyage of the Vessel to or from such country or otherwise cause the Lender or Borrower, to be in contravention of any Applicable Law to which such party is subject; (b) any country to which voyages are not covered under the insurances required to be maintained by Borrower herein; or (c) any country which Lender determines now or in the future due to a change in law or circumstances that voyages to such country would materially prejudice the Lender’s ability to repossess the Vessel, or enforce the remedies or realize the benefit of the Liens and rights established under this Agreement and the other Loan Documents. Lender has designated without limitation Cuba, Iran, Syria, Sudan and North Korea as Prohibited Countries.

Prohibited Country means any prohibited country as listed on the Website.

Prohibited Country means (i) any country which at the time of disposal is declared or is declared an embargoed destination by the government(s) of the United States of America, the European Union or the country in which the Marine Fuels are produced or from which the Marine Fuels are exported; or (ii) which is a destination prohibited by the terms on which Seller has acquired the Marine Fuels; and shall at all times include any other countries as may be advised from time to time by the Seller in its discretion.