Common use of U.S. Economic Sanctions Clause in Contracts

U.S. Economic Sanctions. Each of the Companies shall cause each of its Subsidiaries located in the United States to take no action to approve, engage in, or facilitate any business transaction, directly or indirectly, with any country, government, entity or individual that could place any Management Shareholder or any of the Companies or any of their respective subsidiaries in violation of any economic sanctions program administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury.

U.S. Economic Sanctions. Each of the Companies shall cause each of its Subsidiaries subsidiaries located in the United States to take no action to approve, engage in, or facilitate any business transaction, directly or indirectly, with any country, government, entity or individual that could place any Management Shareholder or any of the Companies or any of their respective subsidiaries in violation of any economic sanctions program administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury.