Embargoed Person definition

Embargoed Person shall have the meaning set forth in Section 4.1.35 hereof.

Embargoed Person means any person, entity or government subject to trade restrictions under U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C. §1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder with the result that the investment in Tenant is prohibited by law or Tenant is in violation of law.

Embargoed Person shall have the meaning assigned to such term in Section 6.21.

Examples of Embargoed Person in a sentence

• No Embargoed Person has any interest of any nature whatsoever in Supplier (whether directly or indirectly).

• No Obligor, none of its Subsidiaries, and none of their respective employees, officers, directors, brokers or agents acting or benefiting in any capacity in connection with the selling of Commodities under the Facility or any other transaction under the Finance Documents, is an Embargoed Person or conducts any business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Embargoed Person.

• By entering into the Order, Customer represents and warrants that Customer is not an Embargoed Person and is not controlled by or acting as an agent of any such an Embargoed Person.

• Buyer is not, and to Buyer’s knowledge, each person or entity owning an interest in Buyer is not, an Embargoed Person) and to Buyer’s knowledge, none of the funds or other assets of Buyer constitute property of, or are beneficially owned, directly or indirectly, by any Embargoed Person.

• No Embargoed Person has any interest of any nature whatsoever in Seller (whether directly or indirectly).

More Definitions of Embargoed Person

Embargoed Person means any party that (i) is publicly identified on the most current list of “Specially Designated Nationals and Blocked Persons” published by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or (ii) resides, is organized or chartered, or has a place of business in a country or territory that is the subject of OFAC sanctions programs.

Embargoed Person has the meaning set forth in Section 4.2.16.

Embargoed Person has the meaning assigned to such term in Section 9.22.

Embargoed Person means any person, entity or government subject to trade restrictions under U.S. law, including, but not limited to, The USA PATRIOT Act (including the anti-terrorism provisions thereof), the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701, et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder including those related to Specially Designated Nationals and Specially Designated Global Terrorists, with the result that the investment in Borrower, Principal or Guarantor, as applicable (whether directly or indirectly), is prohibited by law or the Loan made by the Lender is in violation of law.

Embargoed Person means any party that (i) is publicly identified on the most current list of “Specially Designated Nationals and Blocked Persons” published by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or resides, is organized or chartered, or has a place of business in a country or territory subject to OFAC sanctions or embargo programs or (ii) is publicly identified as prohibited from doing business with the United States under the International Emergency Economic Powers Act, the Trading With the Enemy Act, or any other Requirement of Law.

Embargoed Person means any party that is publicly identified on the most current list of “Specially Designated Nationals and Blocked Persons” published by OFAC, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority.

Embargoed Person means any Person identified by OFAC or any other Person with whom a Person resident in the United States of America may not conduct business or transactions by prohibition of federal law or Executive Order of the President of the United States of America.