Sanctioned Party List definition

Sanctioned Party List has the meaning set forth in Section 8.3.4.

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Sanctioned Party List means the list of Specially Designated Nationals and Blocked Persons or ‘Foreign Sanctions Evaders’ maintained by the OFAC, the Entity List maintained by the Bureau of Industry and Security of the U.S. Department of Commerce, the Consolidated List of Persons, Groups and Entities subject to EU Financial Sanctions maintained by the European Commission, the UK Sanctions List maintained by the Office of Financial Sanctions Implementation within the UK’s HM Treasury, or any equivalent list maintained by a Sanctions Authority, as amended from time to time.

Sanctioned Party List means a list of persons and companies for which there are particular prohibitions or restrictions relating to the exercise of commercial activities under the Laws.

Examples of Sanctioned Party List in a sentence

Xynomic represents and warrants that it (i) is not on any Sanctioned Party List maintained by any governmental authority, (ii) has no reason to believe it will be placed on any Sanctioned Party List, and (iii) will not deal with, conduct any business with or otherwise transact in any manner related to the rights and obligations contained in this Agreement with any Person on any global Sanctioned Party List.
Each Party represents and warrants that it (a) is not on any Sanctioned Party List maintained by any governmental authority, (b) has no reason to believe it shall be placed on any Sanctioned Party List, and (c) shall not deal with, conduct any business with or otherwise transact in any manner related to the rights and obligations contained in this Agreement with any Person on any global Sanctioned Party List.
The Seller warrants that it is not listed on any Sanctioned Party List and is not controlled by any Party listed on a Sanctioned Party List.
Licensee represents and warrants that it (a) is not on any Sanctioned Party List maintained by any governmental authority, (b) has no reason to believe it will be placed on any Sanctioned Party List, and (c) will not deal with, conduct any business with or otherwise transact in any manner related to the rights and obligations contained in this Agreement with any Person on any global Sanctioned Party List.
The Seller shall notify the Buyer immediately if it becomes listed on a Sanctioned Party List.
The Supplier declares that it is not included in any Sanctioned Party List, nor subject to 50% or more control by a party included in any Sanctioned Party List, and undertakes to immediately inform the Purchaser if this situation should change.
Each Party represents and warrants that it (a) is not on any Sanctioned Party List maintained by any governmental authority, (b) has no reason to believe it will be placed on any Sanctioned Party List, and (c) will not deal with, conduct any business with or otherwise transact in any manner related to the rights and obligations contained in this Agreement with any Person on any global Sanctioned Party List.
Licensee represents and warrants that it (i) is not on any Sanctioned Party List maintained by any governmental authority, (ii) has no reason to believe it will be placed on any Sanctioned Party List, and (iii) will not deal with, conduct any business with or otherwise transact in any manner related to the rights and obligations contained in this Agreement with any Person on any global Sanctioned Party List.
Smluvní strany potvrzují, že nejsou ani Sankcionovanou osobou ve smyslu Seznamu OSN, USA, EU Sanctioned Party List nor Controlled by a Sanctioned Party.
The Parties confirm that they are neither a Sanctioned Party in terms of UN, U.S., EU or any national Sanctioned Party List nor Controlled by a Sanctioned Party.

More Definitions of Sanctioned Party List

Sanctioned Party List means a list published by the UK Government, European Union, United Nations Security Council or United States of America listing designated persons and entities which are subject to trade or financial sanctions;

Sanctioned Party List or “SPL” means those export screening lists of Entities to which certain trade restrictions may apply, for which Customer has contracted to receive access to under this Agreement.