Specially Designated Nationals or Blocked Persons definition

Specially Designated Nationals or Blocked Persons means Persons which are owned or controlled by, or acting on behalf of, the government of target countries or are associated with international narcotics trafficking or terrorism.
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Specially Designated Nationals or Blocked Persons as set forth on the list of such persons published by OFAC (or any successor U.S. government office or list). CAPITAL CONTRIBUTIONS AND PARTNER LOANS
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Examples of Specially Designated Nationals or Blocked Persons in a sentence

  • Therefore, a U.S. bank would have to reject a funds transfer between two companies, which are not Specially Designated Nationals or Blocked Persons (SDNs), involving an export to a company in Sudan that also is not an SDN.

  • A “Sanctioned Person” herein means a Person named on the list of Specially Designated Nationals or Blocked Persons maintained by the OFAC as published from time to time.

  • Data quality research in this subcategory proposed methods and techniques to handle data quality problems in sensors data.

  • For the novice principal, making the transition from the classroom or an assistant principalship can be an unnerving experience (Weingartner).

  • Parties will not do business with any party on the list of Specially Designated Nationals or Blocked Persons.

  • If any transfer request is to an entity on OFAC’s list of Specially Designated Nationals or Blocked Persons, by law Bank shall not complete the transfer and shall block funds until such time as OFAC issues a written order of release to Bank.

  • In addition, if a wire transfer into Customer’s account is from a person listed on OFAC’s list of Specially Designated Nationals or Blocked Persons, by law Bank shall not accept the transfer.

  • You represent that you, including but not limited to, any of your employees, agents, Practitioners, assigns or subcontractors, are not named on the United States Department of the Treasury's Specially Designated Nationals or Blocked Persons list.

  • Ineligible VendorsRegeneron will not conduct business with any Vendor if any of the Vendor’s officers, directors, or employees are or becomes excluded from, debarred by, or ineligible to participate in any United States governmental contracting program or is listed on anyU.S. Department of the Treasury, Office of Foreign Assets Control Sanctions Program, including any Specially Designated Nationals or Blocked Persons.

  • Specifically, if it is determined that your policy violates certain Federal or State laws or regulations, such as the U.S. list of Specially Designated Nationals or Blocked Persons (organizations or individuals associated with terrorist groups), any term or condition of your policy will be null and void to the extent it violates the applicable laws or regulations of the United States.

Related to Specially Designated Nationals or Blocked Persons

  • Specially Designated Nationals and Blocked Persons list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury found at: xxxxx://xxx.xxxxxxxx.xxx/ofac/downloads/sdnlist.pdf;

  • Blocked Person is any Person: (a) listed in the annex to, or is otherwise subject to the provisions of, Executive Order No. 13224, (b) a Person owned or controlled by, or acting for or on behalf of, any Person that is listed in the annex to, or is otherwise subject to the provisions of, Executive Order No. 13224, (c) a Person with which any Lender is prohibited from dealing or otherwise engaging in any transaction by any Anti-Terrorism Law, (d) a Person that commits, threatens or conspires to commit or supports “terrorism” as defined in Executive Order No. 13224, or (e) a Person that is named a “specially designated national” or “blocked person” on the most current list published by OFAC or other similar list.

  • OFAC SDN List means the list of the Specially Designated Nationals and Blocked Persons maintained by OFAC.

  • Economic Sanctions refers to sanctions imposed by the U.S. government in response to Russia’s actions in Ukraine, as well as any sanctions imposed under state law. The EO directs state agencies to terminate contracts with, and to refrain from entering any new contracts with, individuals or entities that are determined to be a target of Economic Sanctions. Accordingly, should the State determine Contractor is a target of Economic Sanctions or is conducting prohibited transactions with sanctioned individuals or entities, that shall be grounds for termination of this agreement. The State shall provide Contractor advance written notice of such termination, allowing Contractor at least 30 calendar days to provide a written response. Termination shall be at the sole discretion of the State.

  • U.S. Economic Sanctions is defined in Section 5.16(a).

  • OFAC Sanctions means any sanctions program administered by the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”) under authority delegated to the Secretary of the Treasury (the “Secretary”) by the President of the United States or provided to the Secretary by statute, and any order or license issued by, or under authority delegated by, the President or provided to the Secretary by statute in connection with a sanctions program thus administered by OFAC. For ease of reference, and not by way of limitation, OFAC Sanctions programs are described on OFAC’s website at xxx.xxxxx.xxx/xxxx.

  • State Sanctions List means a list that is adopted by any state Governmental Authority within the United States of America pertaining to Persons that engage in investment or other commercial activities in Iran or any other country that is a target of economic sanctions imposed under U.S. Economic Sanctions Laws.

  • nationals means:

  • SDN List shall have the meaning assigned to such term in Section 6.21.

  • OFAC Sanctions Programs means all laws, regulations, and Executive Orders administered by OFAC, including without limitation, the Bank Secrecy Act, anti-money laundering laws (including, without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56 (a/k/a the USA Patriot Act)), and all economic and trade sanction programs administered by OFAC, any and all similar United States federal laws, regulations or Executive Orders, and any similar laws, regulators or orders adopted by any State within the United States.

  • Administrative order means a written notice from the commissioners to the landowner or landowners of record and to the occupants of land informing them they are violating the district’s soil loss limit regulations or maintenance agreement and advising them of action required to conform to the regulations.

  • OFAC Sanctions Program means any economic or trade sanction that OFAC is responsible for administering and enforcing. A list of OFAC Sanctions Programs may be found at xxxx://xxx.xxxxxxxx.xxx/resource-center/sanctions/Programs/Pages/Programs.aspx.

  • Executive Order shall have the meaning assigned to such term in Section 3.22.

  • OFAC means the Office of Foreign Assets Control of the United States Department of the Treasury.

  • Payroll Tax Executive Order means the Presidential Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, as issued on August 8, 2020 and including any administrative or other guidance published with respect thereto by any Taxing Authority (including IRS Notice 2020-65).

  • Sanctions List means the "Specially Designated Nationals and Blocked Persons" list issued by OFAC, the Consolidated List of Financial Sanctions Targets issued by Her Majesty's Treasury, or any similar list issued or maintained or made public by any of the Sanctions Authorities;

  • Corrective order means an order issued by the commissioner specifying corrective actions that the commissioner has determined are required.

  • U.S. Economic Sanctions Laws means those laws, executive orders, enabling legislation or regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the International Emergency Economic Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program.

  • Officially Designated means designated by the Shareholder of Record:

  • Foreign Asset Control Regulations has the meaning set forth in Section 10.18.

  • Foreign Assets Control Regulations has the meaning set forth in Section 10.18.

  • Protective order means an order appointing a conservator or other order related to management of an adult's property.

  • Executive Order No. 13224 means the Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, as the same has been, or shall hereafter be, renewed, extended, amended or replaced.

  • Non Associated Natural Gas or “NANG” means Natural Gas which is produced either without association of Crude Oil or in association with such quantities of Crude Oil which by itself cannot be commercially produced.

  • Associated Natural Gas or “ANG” means Natural Gas produced in association with Crude Oil either as free gas or in solution, if such Crude Oil can by itself be commercially produced.

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);