Blocked definition

Blocked means that the exit is not useable due to conditions such as debris, storage, door or window nailed shut, broken lock.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Blocked means the return of a busy signal to a user, or a failure to connect a call to the intended recipient, on a voice network, each that is due to a failure for which IBM is responsible under the Agreement.

Blocked country as indicated by the Office of Foreign Asset Control ("OFAC") list of such persons, . as part of its ongoing compliance with the USA Patriot Act, it will, from time to time, reverify that no Contract Owner, including a principal or beneficial Contract Owners, is a "specially designated national" or a person from an embargoed or "blocked" country as indicated by the OFAC list of such persons, . it will ensure that money tendered to the Trust as payment for Trust Shares did not originate with a bank lacking a physical place of business (I.E., a "shell" bank) or from a country or territory named on the list of high-risk or non-cooperating countries or jurisdictions published by the Financial Action Task Force, and . if any of the foregoing cease to be true, the Trust or its agents, in compliance with the USA Patriot Act or Bank Secrecy Act, may seek authority to block transactions in Account units arising from accounts of one or more such Contract Owners with the Company or of one or more of the Company's accounts with the Trust. The Trust and the Distributor shall comply with all Applicable Laws designed to prevent money "laundering", and if required by such laws or regulations, to share with the Company information about individuals, entities, organizations and countries suspected of possible terrorist or money "laundering" activities in accordance with Section 314(b) of the USA Patriot Act.

Examples of Blocked in a sentence

• Blocked labels do not prevent other trademark rights holders from unblocking the label and registering the domain name.

• Pay to Agent on demand all usual and customary fees and expenses which Agent incurs in connection with (a) the forwarding of Advance proceeds and (b) the establishment and maintenance of any Blocked Accounts or Depository Accounts as provided for in Section 4.15(h).

• Neither Agent nor any Lender assumes any responsibility for such blocked account arrangement, including any claim of accord and satisfaction or release with respect to deposits accepted by any Blocked Account Bank thereunder.

• You also represent and warrant that you will not purchase or sell Fund shares, or otherwise facilitate any transaction, on behalf of any person on the list of Specially Designated Nationals and Blocked Persons maintained by the Office of Foreign Assets Control (“OFAC”), or other similar governmental lists, or in contravention of any OFAC maintained sanctions program.

• The Company will not and will not permit any Subsidiary to (a) become a Person described or designated in the Specially Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or in Section 1 of the Anti-Terrorism Order or (b) engage in any dealings or transactions with any such Person.

More Definitions of Blocked

Blocked funds shall be deposited to the credit of Applied in such depository as Applied designates subject to such Applicable Laws or Advanz or its Affiliates shall otherwise pay Applied an amount equal to such “blocked” funds.

Blocked means one or a collection of domain names that have been blocked from registration in the Registry System.

Blocked exam means NO internet, eBooks, or digital files, etc. are accessible.

Blocked holder of a Class 3 Note is directly or indirectly, the beneficial owner of ten percent (10%) of shares of the Company (pursuant to Section 16 of the Securities Exchange Act) [“Blocked Insider”] and said Blocked Insider has sold any shares of the Company within the 6 month period prior to date of such planned prepayment date as specified in the notice of prepayment given pursuant to Section 7(c) above, the Company must extend the prepayment date for such Blocked Insider to10 Business Days after six months have elapse from said Blocked Insider’s latest sale or disposition of shares of the Company prior to said Blocked Insider being given notice of such planned prepayment (this limitation shall not apply to sales of shares by the Blocked Insider after being given notice of such planned prepayment). Said Blocked Insider may waive the extra prepayment notice time and accept the prepayment. If the Blocked Insider has not waived the extra prepayment notice time, delaying prepayment to the Blocked Insider pursuant to this section shall not be considered a violation of requirements in this Agreement that the Company treat all Class 3 Note holders without partiality.

Blocked means the instruction is put at the end of the instruction list.

Blocked. COMMITMENTS shall mean (i) on or prior to the Senior Secured Notes Repayment Date an amount equal to 103.167% of the aggregate principal amount of Senior Secured Notes then outstanding (but giving effect to any reduction in the aggregate principal amount of Senior Secured Notes which will be outstanding, to the extent the proceeds of the respective Revolving Loan being incurred hereunder are to be used, within two Business Days after the date of the incurrence of such loan, to repay outstanding Senior Secured Notes) and (ii) thereafter, $0.

Blocked control agreement in favor of the ABL Agent. “Real Property” shall mean, collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests in real property owned, leased or operated by any Person, whether by lease, license or other means, together with, in each case, all improvements, fixtures, easements, hereditaments, permits and appurtenances relating thereto. “Receivables” means all of the following now owned or hereafter arising or acquired assets of any Grantor: