Common use of Sanctions Clause in Contracts

Sanctions. Neither the Company nor any Subscribing Reinsurer shall be liable for premium or loss under this Contract if it would result in a violation of any mandatory 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 that are applicable to either party.

Appears in 72 contracts

Samples: Second and Third Event (FedNat Holding Co), Sixth Layer Excess Catastrophe (FedNat Holding Co), Excess Catastrophe Reinsurance Contract (FedNat Holding Co)

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Sanctions. Neither the Company nor any Subscribing Reinsurer shall be deemed to provide cover or be liable for premium or loss under this Contract if it would result in a violation of any mandatory sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom Kingdom, Bermuda or United States of America that are applicable to either party."

Appears in 23 contracts

Samples: capitalmarkets.fanniemae.com, capitalmarkets.fanniemae.com, capitalmarkets.fanniemae.com

Sanctions. Neither the Company nor any Subscribing Reinsurer shall be liable for premium or loss under this Contract if it would result in a violation of any mandatory 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 that are applicable to either party..  

Appears in 16 contracts

Samples: Excess Catastrophe Reinsurance Contract (Federated National Holding Co), FHCF Supplement Layer (Federated National Holding Co), FHCF Supplement Layer (Federated National Holding Co)

Sanctions. Neither the Company nor any Subscribing Reinsurer shall be deemed to provide cover or be liable for premium or loss under this Contract if it would result in a violation of any mandatory sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom Kingdom, or United States of America that are applicable to either party."

Appears in 2 contracts

Samples: capmrkt.fanniemae.com, www.fanniemae.com

Sanctions. Neither the Company nor any Subscribing Reinsurer shall be liable for premium or loss under this Contract if it would result in a violation of any mandatory 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 that are applicable to either party. However, this Article shall not apply to the Subscribing Reinsurer concerning the sanction regimes of the United Kingdom or the United States of America.

Appears in 1 contract

Samples: Homeowners of America Holding Corp

Sanctions. Neither the Company nor any Subscribing Reinsurer shall be liable for premium or loss under this Contract if it would result in a violation of any mandatory sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom Kingdom, Switzerland or United States of America that are applicable to either party."

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Federated National Holding Co)

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Sanctions. Neither the Company nor any Subscribing Reinsurer shall be liable for premium or loss under this Contract if it would result in a violation of any mandatory sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom Kingdom, Switzerland or United States of America that are applicable to either party.

Appears in 1 contract

Samples: Federated National Holding Co

Sanctions. Neither the Company nor any Subscribing Reinsurer shall be liable for premium or loss under this Contract if it would result in a violation of any mandatory 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 that are applicable to either party.. 21\F7V1140 Schedule B

Appears in 1 contract

Samples: FedNat Holding Co

Sanctions. Neither the Company nor any Subscribing Reinsurer shall be liable for premium or loss under this Contract if it would result in a violation of any mandatory 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 that are applicable to either party.

Appears in 1 contract

Samples: capitalmarkets.fanniemae.com

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