Common use of Foreign Trade Control Regulations Clause in Contracts

Foreign Trade Control Regulations. (i) None of the Security Parties nor any of their respective Subsidiaries, nor any director, officer, employee, agent, Affiliate or representative of a Security Party, is an individual or entity ("Person") that is, or is owned or controlled by a Person that is a Blocked Person or otherwise the subject of any Sanctions.

Appears in 2 contracts

Samples: Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)

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Foreign Trade Control Regulations. (i) None of the Security Parties nor any of their respective Subsidiaries, nor any director, officer, employee, agent, Affiliate or representative of a Security Party, is an individual or entity ("β€œPerson"”) that is, or is owned or controlled by a Person that is a Blocked Person or otherwise the subject of any Sanctions.

Appears in 1 contract

Samples: Agreement (International Shipholding Corp)

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Foreign Trade Control Regulations. (i) None of the Security Parties nor any of their respective Subsidiaries, nor any director, officer, employee, agent, Affiliate or representative of a Security Party, is an individual or entity ("Person") any Person that is, or is owned or controlled by a Person that is a Blocked Person or otherwise the subject of any Sanctions.;

Appears in 1 contract

Samples: Agreement (International Shipholding Corp)

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