U.S. Sanctions definition

U.S. Sanctions means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State.
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U.S. Sanctions means all laws, rules, regulations and executive orders promulgated or administered by any U.S. governmental authority (including, without limitation, the Office of Foreign Assets Control of the U.S. Department of Treasury) to implement and enforce sanctions.
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U.S. Sanctions means the Sanctions implemented by the U.S. State Department or the States.
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Examples of U.S. Sanctions in a sentence

  • In addition, you hereby further certify that each of your Articles will not be provided to GIA under this Agreement, or otherwise shipped, sold, transferred or used, in a manner or for a purpose such that GIA will be in violation of any U.S. Sanctions.

  • You hereby certify that each of your Articles is not destined for shipment, sale, or transfer to (i) any territory or country targeted by U.S. Sanctions, (ii) any individual or entity targeted by U.S. Sanctions, nor (iii) any end-use prohibited by U.S. Sanctions.

  • The term "U.S. Sanctions" means all sanctions-related laws, executive orders, regulations, and other provisions, including without limitation sanctions with respect to the Specially Designated Nationals and Blocked Persons List, administered and enforced by the U.S. Department of the Treasury's Office of Foreign Assets Control and by the U.S. Department of State.

  • The following sections describe these two aspects of the US Sanctions and explain the compliance obligations that apply to Group companies and their Employees.

  • Borrower shall not directly or indirectly use any of the credit to fund, finance or facilitate any activities, business or transactions: (a) that are prohibited by Sanctions, (b) that would be prohibited by U.S. Sanctions if conducted by a U.S. Person, or (c) that would be prohibited by Sanctions if conducted by Purchaser, or any other party hereto.

  • The County shall not, directly or indirectly use any of the proceeds of the Notes to fund, finance or facilitate any activities, business or transactions: (a) that are prohibited by Sanctions, (b) that would be prohibited by U.S. Sanctions if conducted by a U.S. Person, or (c) that would be prohibited by Sanctions if conducted by the Purchaser or any other party hereto.

  • By ordering SWIFT Consulting Services, you warrant that neither you nor the people to whom SWIFT will provide these Consulting services are identified on any EU and/or US sanctions lists (or are citizens of any country restricted under EU and/or US Sanctions programs) that would restrict the provision of these Consulting services to you.

  • Included at the end of this document is a simple checklist which Employees can review to understand whether a particular transaction may be subject to US Sanctions exposure.

  • Any such lack of transparency in regard to a US Sanctions issue will not be tolerated and may result in disciplinary proceedings.‌‌‌‌‌ Should any contemplated transaction or customer relationship appear to involve a Restricted Person, directly or indirectly, the transaction or relationship may only proceed with the prior approval of Group Legal, who will address the legality and reputational risk of the activity in question.

  • In the absence of an applicable license, authorisation or exception (such as the travel exemption), US Sanctions prohibit the involvement of US Persons in transactions with OFAC sanctions targets.


More Definitions of U.S. Sanctions

U.S. Sanctions means the Sanctions implemented by the U.S. State Department.
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U.S. Sanctions 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.xxxxxxx.xxx/offices/enforcement/ofac/programs/.
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U.S. Sanctions has the meaning set forth in Section 3.20(c).
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U.S. Sanctions has the meaning set forth in Clause 18.6;
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Related to U.S. Sanctions

  • 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.

  • Sanctions means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, or (b) the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom.

  • 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;

  • Sanctions Target means: (1) any country or territory that is the target of country-wide or territory-wide Economic Sanctions/Trade Laws, including, as of the date of this Agreement, Iran, Cuba, Syria, the Crimea region of Ukraine, and North Korea; (2) a person that is on the list of Specially Designated Nationals and Blocked Persons or any of the other sanctions persons lists published by OFAC, or any equivalent list of sanctioned persons issued by the U.S. Department of State; (3) a person that is located in or organized under the laws of a country or territory that is identified as the subject of country-wide or territory-wide Economic Sanctions/Trade Laws; or (4) an entity owned fifty percent (50%) or more or controlled by a country or territory identified in clause (1) or person in clause (2) above.

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

  • Sanctions Authority means the United States government and any of its agencies (including, without limitation, OFAC, BIS, the U.S. State Department and the U.S. Department of Commerce), the European Union and each of its member states, the United Nations Security Council, the United Kingdom, the Canadian government, or any other Governmental Entity with jurisdiction over the parties to this Agreement;