Sanctions Clause Sample Clauses

Sanctions Clause. Owners represent, warrant, guarantee and undertake that:
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Sanctions Clause. Chubb shall not provide cover and Chubb shall not be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose Chubb to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom or United States of America. Chubb shall not cover any claim arising under this policy arising out of any trip in, to or through Cuba.
Sanctions Clause. Notwithstanding any other terms under this cover agreement, no company shall be deemed to provide coverage or will make any payments or provide any service or benefit to any participant or other party to the extent that such cover, payment, service, benefit and/or any business or activity of the participant would violate any applicable trade or economic sanctions law or regulation.
Sanctions Clause. The parties warrant to each other that they have an active sanctions policy in place and that to the best of their knowledge none of the parties connected to the purchase of the vessel are Specially Designated Nationals under United Nations and / or United States of America and / or European Union sanctions. Clause 21. No Blacklisting / boycotting clause The Sellers confirm that to the best of their knowledge the Vessel is not blacklisted / boycotted by any nation or organization.
Sanctions Clause. TAKE NOTE: The Bank endeavours to stop or prevent any criminal activities including money laundering and terrorist financing. Because of this the Bank can do any of the following things if it considers it is necessary to do so, and or if Ghanaian and international laws, rules regulations restrictions and policies (‘the laws”) require it to do so: o Business days means all days except Saturdays, Sundays, or official public holidays. o Clause headings are included for convenience only. o The word including means “including, without limitation”. o Each and every clause is severable from the others and the invalidity of one or more of the clauses will not affect the remainder of the terms & conditions, which shall remain in full force and effect. o In addition to the terms & conditions you will continue to be bound by any tacit agreement between you and us relating to any account, the common law and by the present-day customs, procedures, practices and usage existing among bankers. o The laws of Ghana will govern the terms & conditions. • The Bank may verify (check and confirm) the identity of any customer and entity as well as that of any persons related to or acting on behalf of or involved with such customers or entities. This includes, but is not limited to, mandated persons, directors, signatories, shareholders and related entities. The Bank will do this at the start of the business relationship and as often as it or the law considers necessary thereafter. • The Bank can refuse to do business with any person or entity that it considers undesirable. • The Bank will not willingly and knowingly do business with any person that appears on any sanction list as prescribed by legislation or used by it in the management of its risk or that is linked to any person that appears on such sanction list, or linked to any restricted countries or the government agencies of such restricted countries as determined from time to time. • The Bank can end its relationship with a customer. • The Bank can monitor any transactions and instructions. • The Bank can request further information before acting on any instruction or transaction. The Bank can verify any transaction or instruction or recipient before processing it. This may result in a delay in the Bank carrying out the instruction. • The Bank can refuse to carry out any instruction or transaction. • The Bank can place a hold on any account or facility. You agree to assist the Bank to comply with the laws by providing the...
Sanctions Clause. The Company is not liable to make any payment for any claim under any coverage sections of this Policy or make any payment under any extension for any loss or claim arising in, or where the Insured Person or any beneficiary under the Policy is a citizen or instrumentality of the government of any country against which any laws and/or regulations governing this Policy and/or the Company, its parent Company or its ultimate controlling entity have established an embargo or other form of economic sanction which have the effect of prohibiting the Company to provide insurance coverage transacting business with or otherwise offering economic benefits to the insured or any other beneficiary under the Policy. It is further understood and agreed that no benefits of payments will be made to any beneficiary who is or are declared unable to receive economic benefits under the laws and/or regulations governing this Policy and/or the Company, its parent Company or its ultimate controlling entity.
Sanctions Clause. Each party represents and warrants to the other party that:
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Sanctions Clause. (a) You represent and warrant to Glencore as at the date of this Agreement and throughout its duration that:
Sanctions Clause. No insurer shall be deemed to provide cover and no insurer shall be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose th at insurer to any sanctio n, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulatio ns of European Union, United States of America or any law enforcement in any country.
Sanctions Clause. The Insurer shall not be liable to provide cover, pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose the Insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or embargoes of the European Union, United Kingdom or the United States of America.
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