Examples of Trade Restrictions in a sentence
Trade Restrictions under the Chemical Weapons Convention The CWC, which entered into force in April 1997, bans the development, production, acquisition, stockpiling, retention, use, or transfer of chemical weapons, and establishes an extensive verification regime.
These Group Positions, which may contain more restrictive provisions than the Trade Restrictions as defined below, are based on commercial considerations and other compliance concerns, including but not limited to: money laundering and corruption concerns and concerns related to the financing of terrorism.
Where any performance by a party would be in violation of, inconsistent with, or expose such party, or a parent company of such party, to punitive measures under the Trade Restrictions such party (the Affected Party) shall, as soon as reasonably practicable give written notice to the other party of the affected obligation.
Once such notice has been given, Parties shall convene within 7 working days in order to discuss the matter which gave rise to the notice and they shall discuss in good faith whether the notice has been sent with cause or without cause and which alternatives have the same economic effect as performance of the contract while in conformity with the Trade Restrictions.
Client represents that it is not, nor is it 50% or more owned or otherwise controlled by a person or persons, subject to Trade Restrictions.