Sanctioned Transaction means the use of the proceeds of the Senior Facilities for the purpose of financing or providing any credit, directly or indirectly, to: (a) a Sanctioned Entity; or (b) any other person or entity, if a member of the Group has actual knowledge that the person or entity proposes to use the proceeds of the financing or credit for the purpose of financing or providing any credit, directly or indirectly, to a Sanctioned Entity, in each case to the extent that to do so is prohibited by, or would cause any breach of, Sanctions;

Sanctioned Transaction means either the use of the card or the account for the purpose of financing directly or indirectly the activities of any person or entity which is on a Sanctions List or for the purpose of financing directly or indirectly the activities of any person in a country which is subject to Sanctions by a Sanctioning Body (“Sanctioned Country”), and/or the contribution or making available of amounts to any person or entity, if the client has knowledge that such person or entity intends to use such funds for the purpose of financing the activities of any person or entity which is in a Sanctioned Country and/or is on a Sanction List, in each case to the extent that such financing or provision of funds would be prohibited by Sanctions;

Sanctioned Transaction means financing or providing any credit, directly or indirectly, to -

Examples of Sanctioned Transaction in a sentence

No Obligor is (and no member of the Group is) party to or participates in any Sanctioned Transaction, has contravened any Sanctions or is targeted under any Sanctions.
SI and the HSSS Service Provider shall not be liable for any delay or non-delivery of the withheld payment instructions as stipulated in Rule 6.4.2 or for any claim arising out of a Suspicious Payment not being a Sanctioned Transaction.
It is a condition of an Agreement that the Customer shall not provide, supply, export, re-export or under a purchase option contained in an Agreement) transfer or sell the container(s) or any part of it to any Sanctioned Entity, nor use, operate, permit or provide the use of the container(s) or any part of it in any activity, trade, operation or service or for any purpose which is, or could be or result in, a Sanctioned Transaction.
Each Obligor shall not (and each Obligor will ensure that no member of the Borrower Group will) commit a Sanctioned Transaction.
No Obligor shall (and the Parent will ensure that no Material Group Company will) commit a Sanctioned Transaction.

More Definitions of Sanctioned Transaction

Sanctioned Transaction means either the use by a Client of amounts in a Nedbank account for the purpose of financing directly or indirectly, in whole or in part, the activities of any, which is on a Sanctions list or which is in a Sanctioned Country, and/or the contribution or making available of amounts paid from an account to any person, and such person intends to use such funds for the purpose of financing directly or indirectly, in whole or in part, the activities of any person which is in a Sanctioned Country and/or is on a Sanction List, in each case to the extent that such financing or provision of funds would be prohibited by Sanctions;

Sanctioned Transaction means the use of the proceeds of the Facility for the purpose of financing or providing any credit, directly or indirectly, to –

Sanctioned Transaction means the use of the proceeds of a Facility for the purpose of financing or providing any credit, directly or indirectly, to: (a) a Sanctioned Entity; or (b) any other person or entity, if the Obligor has actual knowledge that the person or entity proposes to use the proceeds of the financing or credit for the purpose of financing or providing any credit, directly or indirectly, to a Sanctioned Entity, in each case to the extent that to do so is prohibited by, or would cause any breach of, Sanctions. 1.1. 110 Sanctions means trade, economic or financial sanctions, laws, regulations, embargoes or restrictive measures imposed, administered or enforced from time to time by any Sanctions Authority.

Sanctioned Transaction means a transaction which is prohibited or restricted by, or which may expose the Owner Group, the Charterer Group or the FSO to trade and economic sanctions, prohibitions or restrictions under any Applicable Laws.

Sanctioned Transaction means any transaction, directly or indirectly, with a –

Sanctioned Transaction means either the use of the Account to finance directly or indirectly the activities of any person who is on a Sanctions List or to finance directly or indirectly the activities of any person in a Sanctioned Country, if you know that such person intends to use the money for the purpose of financing the activities of any person who is in a Sanctioned Country or is on a Sanction List, in each case if such financing would be prohibited by Sanctions.