Sanctioned Activities Sample Clauses
Sanctioned Activities. Customer represents and warrants that it does not, directly or indirectly, engage, without prior authorisation from a competent authority (where permitted), in activities that are prohibited by Sanctions.
Sanctioned Activities. (A) Neither such Selling Shareholder nor any of its officers, employees, directors, representatives, consultants, agents or any other person acting on behalf of such Selling Shareholder does business with, invests in, sponsors, provides assistance or support to, or engages in any other transactions with, any Person of or located in any country, or with any other Person, targeted by (i) any OFAC Sanctions, or (ii) any of the other Sanctions; (B) such Selling Shareholder is not owned or controlled (within the meaning of the regulations promulgating any Sanctions or the laws authorizing such promulgation) by any Person that is targeted by the Sanctions; and (C) the proceeds from the offering received by such Selling Shareholder will not be used to fund any operations in, finance any investments or activities in or make any payments to, any country, or to fund, finance or make any payments to any Person, targeted by the Sanctions.
Sanctioned Activities. (A) Neither the Selling Shareholder nor any of its respective officers, employees, directors, representatives, consultants or agents or any person acting on behalf of the Selling Shareholder does business with, invests in, sponsors, provides assistance or support to, or engages in any other transactions with, any Person of or located in any country, or with any other Person, targeted by (x) Sanctions Laws, or (y) any of the economic sanctions that may be adopted by resolution of the United Nations Security Council or imposed by the government authorities of other relevant countries or jurisdictions (together with the OFAC Sanctions, the “Sanctions”); (B) none of the Selling Shareholder or any of its subsidiaries or affiliates is owned or controlled (within the meaning of the regulations promulgating any Sanctions or the laws authorizing such promulgation) by any Person that is targeted by the Sanctions; and (C) the proceeds from the offering of the Offered Securities will not be used to fund any operations in, finance any investments or activities in or make any payments to, any country, or to fund, finance or make any payments to any Person, targeted by the Sanctions.
Sanctioned Activities. (A) None of the Company, the Subsidiaries or, to the best knowledge of the Company after due inquiry, the other Group Entities, or any of the respective officers, employees, directors, representatives, consultants or agents of the Company or any Group Entity does business with, invests in, sponsors, provides assistance or support to, or engages in any other transactions with, any Person (as defined below) of or located in any country, or with any other Person, targeted by (i) any of the economic sanctions of the United States administered by the United States Treasury Department’s Office of Foreign Assets Control (“OFAC”), including any Person appearing on OFAC’s List of Specially Designated Nationals and Blocked Persons, as amended from time to time (the “OFAC Sanctions”), or (ii) any of the economic sanctions that may be adopted by resolution of the United Nations Security Council or imposed by the government authorities of other relevant countries or jurisdictions (together with the OFAC Sanctions, the “Sanctions”); (B) none of the Company, the Subsidiaries or, to the best knowledge of the Company after due inquiry, the other Group Entities is owned or controlled (within the meaning of the regulations promulgating any Sanctions or the laws authorizing such promulgation) by any Person that is targeted by the Sanctions; and (C) the proceeds from the offering of the Offered Securities will not be used to fund any operations in, finance any investments or activities in or make any payments to, any country, or to fund, finance or make any payments to any Person, targeted by the Sanctions.
Sanctioned Activities. None of the transactions contemplated by the Transaction Documents violates any Sanctioned Activities. The Borrower has not used any of the proceeds under the Loan Facility for business activities in any Sanctioned Countries. No Obligor is a Sanctioned Person and the Borrower does not engage in any business activities or transactions, or is otherwise associated, with a Sanctioned Person.