Common use of Trade Sanctions Clause in Contracts

Trade Sanctions. The Purchaser, and each beneficial purchaser, if any, for whom it is acting as trustee or agent, is not a person or entity identified in the Regulations Implementing the United Nations Resolutions on the Suppression of Terrorism, the Regulations Implementing the United Nations Resolutions on Taliban, ISIL (D▇’▇▇▇) and Al-Qaida, the Regulations Implementing the United Nations Resolution on the Democratic People’s Republic of Korea, the Regulations Implementing the United Nations Resolution on Iran, the Regulations Implementing the United Nations Resolutions on Somalia, the Regulations Implementing the United Nations Resolutions on Lebanon, the Regulations Implementing the United Nations Resolutions on Sudan, the Special Economic Measures (Sudan) Regulations, the Special Economic Measures (Myanmar) Regulations, the Special Economic Measures (Belarus) Regulations, the Special Economic Measures (People’s Republic of China) Regulations, the Special Economic Measures (Haiti) Regulations, the Regulations Implementing the United Nations Resolutions on Haiti, the Special Economic Measures (Moldova) Regulations, the Special Economic Measures (Nicaragua) Regulations, the Special Economic Measures (Sri Lanka) Regulations, the Special Economic Measures (Guatemala) Regulations, the Special Economic Measures (Zimbabwe) Regulations, the Regulations Implementing the United Nations Resolutions and Imposing Special Economic Measures on Libya, the Special Economic Measures (Democratic People’s Republic of Korea) Regulations, the Special Economic Measures (Syria) Regulations, the Special Economic Measures (Venezuela) Regulations, the Special Economic Measures (Iran) Regulations, the Freezing of Assets of Corrupt Foreign Officials (Tunisia) Regulations, the Regulations Implementing the United Nations Resolutions on Iraq, the Freezing Assets of Corrupt Foreign Officials (Ukraine) Regulations, the Special Economic Measures (Russia) Regulations, the Special Economic Measures (Ukraine) Regulations, the Regulations Implementing the United Nations Resolutions on the Central African Republic, the Regulations Implementing the United Nations Resolutions on Yemen, the Special Economic Measures (South Sudan) Regulations, the Regulations Implementing the United Nations Resolutions on South Sudan, the Special Economic Measures (Extremist Settler Violence) Regulations and the Special Economic Measures (Hamas Terrorist Attacks) Regulations (collectively, the “Trade Sanctions”). The Purchaser (and each beneficial purchaser, if any) acknowledges that the Company may in the future be required by law to disclose the name and other information of the Purchaser and the beneficial purchaser, if any, related to the acquisition of the Purchaser’s Securities hereunder, on a confidential basis, pursuant to the Trade Sanctions;

Appears in 3 contracts

Sources: Subscription Agreement (Leef Brands Inc.), Subscription Agreement (Leef Brands Inc.), Subscription Agreement (Leef Brands Inc.)