Asset Control definition

Asset Control. For purposes of this Subsection, the term “Buyer Assets” means information, information assets, information systems, supplies or other property, including property owned by third parties (such as Buyer Customers) that is accessed by Buyer Personnel or provided to Supplier Personnel by (or on behalf of) Buyer. Supplier Personnel will:
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Asset Control. For purposes of this Subsection, the term “Buyer Assets” means information, information assets, information systems, supplies or other property, including property owned by third parties (such as Buyer Customers) that is accessed by Buyer Personnel or provided to Supplier Personnel by (or on behalf of) Buyer. Supplier Personnel will: 1.not remove Buyer Assets from Buyer's or Customer’s premises without Buyer's authorization; 2.use Buyer Assets only for purposes of this PO and reimburse Buyer for any unauthorized use; 3.only connect with, interact with or use programs, tools or routines that Buyer agrees are needed to provide Services; 4.not share or disclose user identifiers, passwords, cipher keys or computer dial port telephone numbers; 5.not copy, disclose or leave such assets unsecured or unattended, in the event the Buyer Assets are confidential; and 6.immediately notify Buyer of any security incidents involving Buyer Assets and provide Buyer with a copy of any accident or incident report involving the above.Buyer may periodically audit use of Buyers Assets and Supplier's data residing on Buyer Assets.
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Asset Control means the practice of managing physical assets, including but not limited to operating, maintaining, repairing and replacing assets;
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Examples of Asset Control in a sentence

  • Price Services will also maintain policies and procedures to comply with economic sanction programs administered by the U.S. Treasury Department’s Office of Foreign Asset Control (“OFAC”), including checking Shareholder names against the OFAC list of sanctioned persons.

  • Office of Foreign Asset Control of the Department of the Treasury of the United States of America.

  • Consultant represents and warrants to City that neither Consultant nor any affiliate or representative of Consultant (i) is listed on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Asset Control, Department of the Treasury (OFAC) pursuant to Executive Order No. 13224, 66 Fed.Reg.

  • Office of Foreign Asset Control of the Department of the Treasury of the United States of America, or any successor thereto carrying out similar functions.

  • You warrant and represent that you are the person intended by the Transferor and entitled to receive the Funds; that you are not a person whose Accounts are blocked under regulations of the Office of Foreign Asset Control (OFAC) of the United States Treasury Department; and that the Information you will provide is true, correct and complete.

  • You should be aware that under U.S. Office of Foreign Asset Control (OFAC) regulations, customers who are U.S. Citizens are subject to regulations that limit the use of their Cards in certain jurisdictions sanctioned by OFAC, and that similar regulations may exist in other jurisdictions that apply to their citizens.

  • Price Services will also comply with economic sanction programs administered by the U.S. Treasury Department’s Office of Foreign Asset Control (“OFAC”), including checking Shareholder names against the OFAC list of sanctioned persons.

  • Dealer also agrees to provide for screening its own new and existing customers against the Office of Foreign Asset Control (“OFAC”) list and any other government list that is or becomes required under the AML Acts.

  • Anti-Terrorism Laws shall mean any Laws relating to terrorism or money laundering, including Executive Order No. 13224, the USA Patriot Act, the Laws comprising or implementing the Bank Secrecy Act, and the Laws administered by the United States Treasury Department’s Office of Foreign Asset Control (as any of the foregoing Laws may from time to time be amended, renewed, extended, or replaced).

  • You agree that the authorized transfer to or from your account must comply with all applicable federal and state laws or regulations including OFAC (Office of Foreign Asset Control) regulations.


More Definitions of Asset Control

Asset Control has the meaning given in Section 9.2(a);
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Asset Control means, with respect to all Project Assets, either:
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Related to Asset Control

  • Foreign Asset Control Regulations has the meaning set forth in Section 10.18.

  • Foreign Assets Control Regulations has the meaning set forth in Section 10.18.

  • Foreign Assets means any of the Portfolios' investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios' transactions in such investments.

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Specially Designated Nationals and Blocked Persons list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury found at: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/ofac/downloads/sdnlist.pdf;