Sanctionable Activity definition

Sanctionable Activity means any condition or activity specifically identified under any Sanctions as constituting a basis for the imposition of Sanctions against a person engaged in such activity or described by such condition.
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Sanctionable Activity means any condition or activity specifically identified under any Sanctions Laws that serves as a basis to designate any person described by such condition or engaged in such activity as a Restricted Person.
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Sanctionable Activity means any activity that, if engaged in by a person, could result in a designation of that person under existing Sanctions.
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Examples of Sanctionable Activity in a sentence

  • The Sanctionable Activity Gross Asset Declaration shall detail each asset’s name and/or description, and the applicable sanctions regime.

  • The Sanctionable Activity Gross Asset Declaration shall be certified by an officer of the company.

  • Counterparty is not and will not become a Sanctioned Person, and no individual or entity acting on behalf of Counterparty in the negotiation, execution, or implementation of this Confirmation is or will become a Sanctioned Person, in each case if such would result in a violation of, or constitute Sanctionable Activity under, Sanctions with respect to any individual or entity participating in the transactions contemplated by this Confirmation.

  • Sanctionable Activity The first element would require that the judge’s alleged activity be one for which the judge could be sanctioned under the federal or state judicial regulations.223 Because the ABA has provided a thorough and complete Code that has been adapted and adopted by each state,224 this element would be quite straightforward.

  • None of Seller, Pledgor, any Affiliated Originator or Guarantor is engaged in, and in the past five years has not engaged in, any Sanctionable Activity.

  • If the Seller becomes a Sanctioned Person or if Buyer is of the reasonable opinion that the Seller has breached or will breach this clause, Buyer may (without incurring any liability of any nature whatsoever) terminate or suspend all or any part of the Contract with immediate effect by notice to the Seller or take any other action it deems necessary in order for Buyer to comply with applicable Sanctions or avoid Sanctionable Activity.

  • Therefore, the purchase and lifting of crude oil from Iran would not constitute sanctionable activity under Executive Order 13590.The Range of Sanctionable Activity under CISADA and Executive Order 13590 The range of sanctionable activity that insurers and vessel owners and managers, among others, now need to be mindful of and to avoid are those set forth above, which are in addition to the activities spelled out under CISADA.

  • Counterparty shall not permit any Sanctioned Person or Sanctioned Territory to have any direct or indirect interest in or connection to any funds repaid or remitted by Counterparty in connection with this Confirmation that would result in a violation of Sanctions by, Sanctionable Activity by, or a restriction on the use of such funds with respect to, any individual or entity participating in the transactions contemplated hereby.

  • Additionally, sanctions may be imposed on a successor of or on a person that owns or controls a person determined to have engaged in sanctionable activity.Some Clarification of what Constitutes Sanctionable Activity The provision of insurance and maritime transportation services could trigger sanctions under Executive Order 13590.

  • Buyer shall not (and shall ensure that no other member of the Buyer Group will) engage in any Sanctionable Activity or knowingly violate applicable Sanctions.


More Definitions of Sanctionable Activity

Sanctionable Activity has the meaning given to such term in Section (j) of Schedule K.
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Sanctionable Activity means any activity that, if engaged in by a person, could result in that person breaching, or a designation of that person under, any Sanctions; 1.1.98. "Sanctioned Territory" means a country, region or territory that is the subject of country-wide, region-wide or territory-wide Sanctions; 1.1.99. "Sanctions" means the economic or financial sanctions laws, regulations, trade embargoes or other restrictive measures enacted, administered, implemented and/or enforced from time to time by any of the following (and including through any relevant Sanctions Authority): 1.
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Related to Sanctionable Activity

  • 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 OFAC 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.

  • Sanction means any international economic sanction administered or enforced by the United States Government (including, without limitation, OFAC), the United Nations Security Council, the European Union or its Member States, Her Majesty’s Treasury or other relevant sanctions authority.

  • Sanctioned Party means any persons, entities, bodies, or vessels designated by a Sanctioning Authority.

  • Sanctions Target means any Person: (a) that is the subject or target of any Sanctions; (b) named in any Sanctions-related list maintained by OFAC, the U.S. Department of State, the U.S. Department of Commerce or the U.S. Department of the Treasury, including the OFAC list of “Specially Designated Nationals and Blocked Persons;” (c) operating, organized or resident in a Sanctioned Jurisdiction; or (d) owned or controlled by any such Person or Persons described in the foregoing clauses (a)-(c).

  • Sanctioned Person means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union or any European Union member state, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by any such Person or Persons described in the foregoing clauses (a) or (b).

  • Sanctioned Countries shall have the meaning set forth in Section 4.30.

  • Sanctioned Country means, at any time, a country, region or territory which is itself the subject or target of any Sanctions (at the time of this Agreement, Crimea, Cuba, Iran, North Korea, Sudan and Syria).

  • Sanctioned Target means any target of Sanctions, including (i) persons on any list of targets identified or designated pursuant to any Sanctions, (ii) persons, countries, or territories that are the target of any territorial or country-based Sanctions program, (iii) persons that are a target of Sanctions due to their ownership or control by any Sanctioned Target(s), or (iv) persons otherwise a target of Sanctions, including vessels and aircraft, that are designated under any Sanctions program.

  • Sanctioning Authority means [The FA][the [ ] County Football Association Limited].

  • Eligible activities or "eligible activity" means 1 or more of the following: