Common use of Trade Sanctions Clause in Contracts

Trade Sanctions. 14.1 Neither the Client, nor any of its directors, officers, employees or Affiliates nor, so far as the Client is aware, any agents or other persons acting on behalf of any of the foregoing: (a) is listed on the “Specially Designated Nationals and Blocked Persons” list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury (OFAC) or any similar list maintained by the United Nations, the European Union, the United Kingdom or any other relevant governmental entity; (b) directly or indirectly, has conducted, conducts or is otherwise involved with any business with or involving any government (or any sub-division thereof), or any person, entity or project, targeted by, or located in any country that is the subject of, any of the sanctions administered by OFAC or any equivalent sanctions or measures imposed by the United Nations, the European Union, the United Kingdom or any other relevant governmental entity (collectively “Sanctions”); (c) directly or indirectly supports or facilitates, or plans to support or facilitate or otherwise become involved with, any such person, government, entity or project; or (d) is or ever has been in violation of or subject to an investigation relating to Sanctions. 14.1 Euromoney reserves the right to refuse the Services of the Client and terminate this Agreement with immediate effect without any liability by giving written notice to the Client if, in its sole discretion, it determines that: (a) Euromoney, its affiliates, or the Client fail to comply with applicable law, including in circumstances where the transactions or payments contemplated under this Agreement are in breach of, or otherwise targeted by Sanctions or other laws; or (b) Euromoney would breach any term, warranty or condition or other provision of any contract or undertaking to which Euromoney and/or any of its affiliates is or becomes a party; Without prejudice to any other rights or remedies available to Euromoney. 14.2 Euromoney reserves the right to recover from the Client any loss or damage incurred or suffered by us as a result of your failure to comply with these Terms. In such circumstances, the Client shall not be entitled to a refund of any Fees.

Trade Sanctions. 14.1 13.1 Neither the Client, nor any of its directors, officers, employees or Affiliates nor, so far as the Client is aware, any agents or other persons acting on behalf of any of the foregoing: (a) is listed on the “Specially Designated Nationals and Blocked Persons” list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury (OFAC) or any similar list maintained by the United Nations, the European Union, the United Kingdom or any other relevant governmental entity; (b) directly or indirectly, has conducted, conducts or is otherwise involved with any business with or involving any government (or any sub-division thereof), or any person, entity or project, targeted by, or located in any country that is the subject of, any of the sanctions administered by OFAC or any equivalent sanctions or measures imposed by the United Nations, the European Union, the United Kingdom Union or any other relevant governmental entity (collectively “Sanctions”); (c) directly or indirectly supports or facilitates, or plans to support or facilitate or otherwise become involved with, any such person, government, entity or project; or (d) is or ever has been in violation of or subject to an investigation relating to Sanctions. 14.1 13.2 Euromoney reserves the right to refuse the Services of the Client and terminate this Agreement with immediate effect without any liability by giving written notice to the Client if, in its sole discretion, it determines that: (a) Euromoney, its affiliates, or the Client fail to comply with applicable law, including in circumstances where the transactions or payments contemplated under this Agreement are in breach of, or otherwise targeted by Sanctions or other laws; or (b) Euromoney would breach any term, warranty or condition or other provision of any contract or undertaking to which Euromoney and/or any of its affiliates is or becomes a party; Without prejudice to any other rights or remedies available to Euromoney. 14.2 13.3 Euromoney reserves the right to recover from the Client any loss or damage incurred or suffered by us as a result of your failure to comply with these Terms. In such circumstances, the Client shall not be entitled to a refund of any Fees.