Sanctions Law definition

Sanctions Law means any laws or regulations pertaining to international trade and financing, imports, exports, reexports, embargos or any other provision or receipt of goods and services, including without limitation, the various sanctions programs administered by OFAC or the U.S. Department of State.

Sanctions Law means all Legal Requirements concerning economic sanctions, including embargoes, export restrictions, the ability to make or receive international payments, the freezing or blocking of assets of targeted Persons, the ability to engage in transactions with specified persons or countries, or the ability to take an ownership interest in assets of specified Persons or located in a specified country, including any Laws threatening to impose economic sanctions on any person for engaging in proscribed behavior.

Sanctions Law has the meaning given to it in paragraph 7 of Schedule 14;

Examples of Sanctions Law in a sentence

• Seller is not an Embargoed Target or subject to any Economic Sanctions Law, and Seller shall not (a) directly or indirectly export, re-export, transship or otherwise deliver any goods, including goods included within the Work, to an Embargoed Target or (b) broker, finance or otherwise facilitate any transaction in violation of any Economic Sanctions Law.

• The Anti-Foreign Sanctions Law of the Chinese Mainland gives the Chinese Mainland government the power to take countermeasures against sanctions imposed by foreign governments.

• Each of Company and Contractor shall be excused from performance of any obligation under the Agreement to the extent that such performance is prohibited under Export and Sanctions Law.

• Nothing shall be shipped to, transshipped through, or sourced from, either directly or indirectly, any country, company, person, or for any end-use that is prohibited under Export and Sanctions Law.

• Nothing shall be shipped to, transshipped through, or sourced from, directly or indirectly, any country, company or individual or for any end-use that is prohibited under Export and Sanctions Law.

More Definitions of Sanctions Law

Sanctions Law means any sanctions directive or order administered or enforced from time to time by Malaysia, the United States (in particular sanctions administered through US’. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)), the United Nations Security Council, the European Union or other authorities against any individuals or entities which are located, organized or resident in a designated country or territory;

Sanctions Law means the economic or financial sanctions laws, regulations and/or embargo imposed by an Authority.

Sanctions Law has the meaning specified in Section 4.01(n)(i).

Sanctions Law means any Applicable Law of the US, UK, EU, any EU member state, the United Nations, Canada, Mexico, or Peru applicable to the Parties relating to trade sanctions, embargoes, foreign trade controls or restrictions, export controls, non-proliferation, anti-terrorism, or any similar subject matter.

Sanctions Law means any laws or regulations concerning economic and trade sanctions and restrictions, such as those administered by the United Nations, United States authorities (such as those enforced by the United States Department of the Treasury, the United States Department of Commerce, and/or the United States Department of State), Her Majesty’s Treasury, and the European Union. These include but are not limited to laws or regulations governing anti-terrorism, and anti-money laundering activities, and include the United States Bank Secrecy Act, the United States Money Laundering Control Act of 1986, Executive Order No. 13224, and Title 3 of the USA Patriot Act (defined below), and any regulations promulgated under any of them, each as may be amended from time to time.

Sanctions Law means any sanctions directive or order administered or enforced by Malaysia, the United States of America, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, or other relevant regulatory authorities against any individuals or entities which are located, organized or resident in a designated country or territory (including, without limitation, currently, Myanmar, Cuba, Iran, Libya, North Korea, Sudan and Syria).

Sanctions Law means any sanctions directive or order administered or enforced by Malaysia, the United States of America, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, or other relevant regulatory authorities against any individuals or entities which are located, organized or resident in a designated country or territory (including, without limitation, currently, Myanmar, Cuba, Iran, Libya, North Korea, Sudan and Syria).“Stored Value”means any amount remaining in MAE that is available for Transactions using MAE;“Stored Value Currency”means currency in Ringgit Malaysia;“TAC”means Transaction Authorization Code used to approve transaction;“Top-Up”means the adding of monetary value to MAE;“Transaction”means all the transactions debited from MAE including those for the purchase of goods and obtaining of services or bill payment or purchases and payments to merchants;“Wallet” or “MAE”means the electronic money facility of the Wallet Holder opened with us;“Wallet Holder” or “you”means the person to whom MAE is issued and registered under a full name and identification number (either MyKad or Passport) as the authorized user to use MAE.