Prohibited Party Lists definition

Prohibited Party Lists means lists of designated and prohibited parties maintained by the U.S. Government including the List of Specially Designated Nationals and Blocked Persons and the List of Foreign Sanctions Evaders, maintained by the Office of Foreign Assets Control of the U.S. Treasury Department, and the Denied Persons List, Entity List, and Unverified List maintained by the Bureau of Industry and Security of the U.S. Commerce Department.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Prohibited Party Lists has the meaning set forth in Section 4(a)(vii).

Prohibited Party Lists has the meaning set forth in Section 10.4.3 (Compliance with Laws).

Examples of Prohibited Party Lists in a sentence

• In addition, Licensee agrees not to export, re-export, or provide the Licensed Products to: (i) an Embargoed Country; (ii) any individual on the Prohibited Party Lists; or (iv) any person or entity where such export, re-export or provision violates any U.S. Export control or regulation.

• None of the Target, its Subsidiaries, or any of their respective officers, directors, employees, or agents appears on the Prohibited Party Lists.

• None of the Company, Company Subsidiaries or Company Persons, (i) appear on any of the Prohibited Party Lists, (ii) are owned or Controlled by, or acting for or on behalf of, a party appearing on any of the Prohibited Party Lists, or (iii) are headquartered, organized under the laws of, or are permanently resident in a Restricted Country.

• In addition, You agree not to export, re-export, or provide the Service to: (i) an Embargoed Country; (ii) any individual on the Prohibited Party Lists; or (iv) any person or entity where such export, re-export or provision violates any U.S. Export control or regulation.

• None of the Company, its shareholders, directors, officers, distributors, resellers, representatives, agents, or Affiliates are designated on a Prohibited Party List, or 50% or more owned or otherwise controlled by one or more persons on the Prohibited Party Lists.

• None of the Company Group, its stockholders, directors, officers, distributors, resellers, representatives, agents, or Affiliates are designated on a Prohibited Party List, or 50% or more owned (individually or in the aggregate) or otherwise controlled by one or more persons on the Prohibited Party Lists.

More Definitions of Prohibited Party Lists

Prohibited Party Lists has the meaning set forth in Section 5.09(e).

Prohibited Party Lists shall have the meaning in Section 2.14(d) (Compliance with Laws; Export Controls).

Prohibited Party Lists shall have the meaning set forth in Section 3.23.

Prohibited Party Lists has the meaning set forth in Section 3.27(c). “Processing” means any operation or set of operations which is performed on Personal Data or on sets of Personal Data, whether or not by automated means, such as collection, recording, organization, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure, or destruction. “Pre-Closing Period” has the meaning set forth in Section 5.1(a). “Pre-Closing Tax Period” has the meaning set forth in Section 9.7. “Pre-Signing Promised Option” has the meaning set forth in Section 6.8(h)(i). “Promised Equity Award” means any issuance of Company Restricted Stock Units, Company Options or other equity of the Company promised to a potential employee of the Company or a Company Subsidiary that has accepted employment prior to the Closing, but where such Company Restricted Stock Units or Company Options were not issued prior to the Closing, whether pursuant to Section 6.8 or otherwise. “Promised Option Bonus Payment” has the meaning set forth in Section 6.8(h)(ii). “Promised Option RSU Grant Notice” has the meaning set forth in Section 6.8(h).

Prohibited Party Lists. Section 3.27(e)

Prohibited Party Lists has the meaning set forth in Section 12.2.