Restricted Person definition

Restricted Person means a person that is:

Restricted Person shall have the meaning assigned to such term in Section 6.9(i).

Restricted Person means, at any time: (1) any person listed in any Sanctions related list of designated persons maintained by a Sanctions Authority; (2) any person operating, organised, resident, incorporated, registered or legally domiciled in a Sanctioned Country; or (3) any person controlled or majority owned by, or acting on behalf of or under the direction of, a person described in the foregoing sub-paragraph (1) or (2);

Examples of Restricted Person in a sentence

• The Buyer warrants that neither the Buyer nor any person that controls or owns the Buyer is a Restricted Person and that to the best of its knowledge, no part of the Products purchased from Seller (either in itself or in combination with other products) will be supplied to a Restricted Person, or to any territory, person or entity subject to Sanctions.

• Neither it nor any of its Subsidiaries, nor any directors, officers or, to the best of its knowledge, any employee, of it or any of its Subsidiaries is a Restricted Person.

• If we determine there is a violation or potential violation of the OFAC Rules, or if we cannot satisfactorily resolve a suspected or potential violation, we may reject such transaction or freeze or block the subject funds or full balance of any Account or Restricted Person.

More Definitions of Restricted Person

Restricted Person means any Person identified on the U.S. Department of Commerce’s Denied Persons List, Unverified List or Entity List or the U.S. Department of State’s Debarred List.

Restricted Person means any person who, or any member of a group of persons acting together, any one of which:

Restricted Person shall have the meaning set forth in Section 5.1(a).

Restricted Person means any of Borrower, each Subsidiary of Borrower, and each Guarantor.

Restricted Person means any person or entity that is identified on any applicable restricted party list issued by a Governmental Authority, and also includes, without limitation any person:

Restricted Person means an employee or independent contractor of the Company, or any person who was an employee or independent contractor of the Company during the six months preceding the termination of my employment or relationship with the Company, who possesses or had access to Confidential Information of the Company.

Restricted Person means, at any time: