Restrictive Sanctions definition

Restrictive Sanctions means applicable measures, resolutions, laws, rules, regulations, and executive orders adopted by the United Nations or implemented by the European Union, a European Union Member State ("Member State"), the United Kingdom, or the United States, including laws, regulations, and Executive Orders administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) or the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”); “Relevant End-use" means military use; use in connection with chemical, biological or nuclear weapons or other nuclear explosive devices or the development, production, maintenance or storage of missiles capable of delivering such weapons; or, use in connection with Iran's enrichment-related, reprocessing, or heavy water-related activities. Client warrants and represents to GTT that (i) Client shall not, and shall not permit any third parties to, directly or indirectly, export, reexport, or release any products (including any software, documentation, and any related technical data included with, or contained in, such products, and any products utilizing any such products, software, documentation, or technical data), goods, works, or services provided by GTT to any jurisdiction or country to which, or any party to whom, the export, reexport, or release of any such goods, works or services is prohibited by applicable federal or foreign law, regulation, or rule, including Restrictive Sanctions; (ii) the performance of Client’s duties under this Agreement will not result in any funds, economic resources, products, goods, works, services, or wider benefits being made available, directly or indirectly, to any individual, entity, or body designated under Restrictive Sanctions measures adopted by the United Nations or implemented by the European Union, a Member State, United Kingdom, or the United States, or any party acting on behalf or at the direction of such an individual, entity, or body; and (iii) Client will not sell, export, transfer, re-export, or re-transfer any products, goods, works, or services provided by GTT which may be intended for a Relevant End-use unless prior authorisation by a competent authority has been granted. For the avoidance of doubt, and notwithstanding any other provision in this Agreement, Client shall not, and shall not permit any third parties to, directly or indirectly, export, reexport, or release any products, goods, works, or services provided by GTT to Iran,...
Restrictive Sanctions is as defined in Subsection 17.6 of the MSA.
Restrictive Sanctions means applicable measures, resolutions, laws, rules, regulations, and executive orders adopted by the United Nations or implemented by the European Union, a European Union Member State ("Member State"), the United Kingdom, or the United States, including laws, regulations, and Executive Orders administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) or the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”);

Examples of Restrictive Sanctions in a sentence

  • Customer shall indemnify and hold harmless Garrison from and against any claim, proceeding, action, fine, loss, cost and damages arising out of or relating to any non-compliance of Customer with (i) Section 8.1b) above or (ii) with Restrictive Sanctions and shall compensate Garrison for all losses and expenses resulting thereof.

  • End User shall indemnify and hold harmless Xxxxxxxx from and against any claim, proceeding, action, fine, loss, cost and damages arising out of or relating to any non-compliance of End User with (i) Section 6.1b above or (ii) with Restrictive Sanctions and shall compensate Xxxxxxxx for all losses and expenses resulting thereof.

  • The End User warrants and represents to Xxxxxxxx that (i) the performance of their duties will not result in any funds, economic resources, or wider benefits being made available, directly or indirectly, to any individual, entity, or body designated under Restrictive Sanctions and (ii) it will not sell, export, transfer, re-export, or re-transfer of any Software which may be intended for a Relevant End-use unless prior authorisation by a competent authority has been granted.

  • Least Restrictive Sanctions for Alcohol and Drug Violations To find the Least Restrictive Sanctions for Alcohol and Drug Violations, go to the Student Standards and Conduct website.

  • Earlier results obtained with homogeneous models can be easily scaled due to this effect.

  • Customer shall indemnify and hold harmless Garrison from and against any claim, proceeding, action, fine, loss, cost and damages arising out of or relating to any non-compliance of Customer with (i) Section 10.2b) above or(ii) with Restrictive Sanctions and shall compensate Garrison for all losses and expenses resulting thereof.

  • Action taken by a commander for the benefit of a complainant if a discrimination com­ plaint is substantiated.(j) Restrictive Sanctions.

  • Sentences less than 2 years may be served in a county intermediate sanctions program administered by the local court.CRS: County Restrictive Sanctions.


More Definitions of Restrictive Sanctions

Restrictive Sanctions means Restrictive Sanctions measures adopted by the United Nations or implemented by the United Kingdom, European Union, a Member State, or the United States;
Restrictive Sanctions means restrictive sanctions measures adopted by the United Nations or implemented by the European Union, a Member State, or the United States .

Related to Restrictive Sanctions

  • 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.

  • 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.

  • Economic Sanctions Laws means those laws, executive orders, enabling legislation or regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the International Emergency Economic Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program.

  • U.S. Economic Sanctions Laws means those laws, executive orders, enabling legislation or regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the International Emergency Economic Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program.

  • OFAC Sanctions Programs means all laws, regulations, and Executive Orders administered by OFAC, including without limitation, the Bank Secrecy Act, anti-money laundering laws (including, without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56 (a/k/a the USA Patriot Act)), and all economic and trade sanction programs administered by OFAC, any and all similar United States federal laws, regulations or Executive Orders, and any similar laws, regulators or orders adopted by any State within the United States.

  • Sanctions means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, or (b) the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom.

  • OFAC Sanctions Program means any economic or trade sanction that OFAC is responsible for administering and enforcing. A list of OFAC Sanctions Programs may be found at xxxx://xxx.xxxxxxxx.xxx/resource-center/sanctions/Programs/Pages/Programs.aspx.

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

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

  • Sanctions Laws and Regulations means any sanctions, prohibitions or requirements imposed by any executive order (an “Executive Order”) or by any sanctions program administered by OFAC.

  • 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.

  • Sanctions Laws means any sanction, prohibition or restriction imposed by the United Nations, the European Union, the United Kingdom or the United States of America, including but not limited to the US Department of the Treasury Office of Foreign Asset Control (“OFAC”) including the OFAC Specially Designated Nationals or Blocked Persons List (SDN) and the US Department of State.

  • Protective order means any temporary or permanent court order prohibiting or limiting violence against, harassment of, contact or communication with, or physical proximity to another person.

  • 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).

  • Trafficking means offering, attempting to engage, or

  • Disciplinary sanction means any action listed in s. UWS 14.04 taken in response to student academic misconduct.

  • Sanctions Target means: (i) any country or territory that is the subject of country-wide or territory-wide Sanctions, including, but not limited to, as the date of this Agreement, Iran, Cuba, Syria, Sudan and North Korea; (ii) a person or entity that is on the list of Specially Designated Nationals and Blocked Persons published by OFAC or any equivalent list of sanctioned persons issued by the U.S. Department of State; or (iii) a person or entity that is located in or organized under the laws of a country or territory that is identified as the subject of country-wide or territory-wide Sanctions Laws and Regulations.

  • Sanctions and Export Control Laws means any applicable Law related to (a) import and export controls, including the U.S. Export Administration Regulations, (b) economic sanctions, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, the European Union, any European Union Member State, the United Nations, and Her Majesty’s Treasury of the United Kingdom or (c) anti-boycott measures.

  • Sanctions Programs means any OFAC economic sanction program (including, without limitation, programs related to Crimea, Cuba, Iran, North Korea, Sudan and Syria).

  • Executive Order means Executive Order No. 13224 of September 23, 2001, entitled Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed. Reg. 49079 (2001)).

  • Restrictive Agreements as defined in subsection 3.3(a).

  • Serious traffic violation means a conviction when operating a commercial motor vehicle of:

  • Anti-Money Laundering and Anti-Terrorism Laws shall have the meaning assigned thereto in Section 3.1(f)(i).

  • OFAC Laws means any laws, regulations, and executive orders relating to the economic sanctions programs administered by OFAC, including the International Emergency Economic Powers Act, 50 U.S.C. sections 1701 et seq.; the Trading with the Enemy Act, 50 App. U.S.C. sections 1 et seq.; and the Office of Foreign Assets Control, Department of the Treasury Regulations, 31 C.F.R. Parts 500 et seq. (implementing the economic sanctions programs administered by OFAC).

  • Sex trafficking means the recruitment, harboring, transportation, provision, or obtaining of a person for the purpose of a commercial sex act.

  • Restrictive Agreement an agreement (other than a Loan Document) that conditions or restricts the right of any Borrower, Subsidiary or other Obligor to incur or repay Borrowed Money, to grant Liens on any assets, to declare or make Distributions, to modify, extend or renew any agreement evidencing Borrowed Money, or to repay any intercompany Debt.