Sanctioned Transaction definition

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

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:

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;

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.

• The Parties have taken all reasonable steps to ensure that appropriate controls and safeguards are in place to prevent the Parties from entering into a Sanctioned Transaction.

• One year after the adoption of Security Council Resolution 1244, the European Council reiterates its support for its full implementation and for free and fair municipal elections in Kosovo later this year carefully prepared and properly monitored by the competent international bodies.

• The Borrower and K2020 shall (and shall ensure that each other member of the Group will) maintain and implement policies and procedures designed to prevent it from being or becoming involved in 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 financing or providing any credit, directly or indirectly, to -

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.

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 any:

Sanctioned Transaction means any transaction which is (i) prohibited or restricted by, and/or will expose TankOne to sanctions, prohibitions or restrictions under any national, international or supranational law or regulation imposing trade or economic sanctions, prohibitions or restrictions or export or transshipment controls; and/or (ii) involves or facilitates processing, storage, loading, ofloading or transport of cargo to or from, or destined to or originating from, any country prohibited or restricted by any national, international or supranational law or regulation imposing trade or economic sanctions, prohibitions or restrictions or export or transshipment controls.