Denied Parties means any party that is denied export privileges by the Department of Commerce. Dealings with denied parties that violate the terms of the denial order are prohibited. For purposes of this policy, denied parties are also defined to include any party or entity listed on the Specially Designated Nationals or Specially Designated Terrorist lists by the Department of Treasury, parties subject to Nonproliferation Sanctions under the Department of State, Arms Export Control Act debarred entities, individuals and entities on the Foreign Sanctions Evaders (FSE) List, or are otherwise prohibited from engaging in transactions with U.S. persons.
Denied Parties means Persons included on a list, referenced in Supplement No. 2 to Part 764 of the Export Administration Regulations (15 C.F.R. 764), of specific persons that have been denied export privileges, in whole or in part. The full text of each order denying export privileges is published in the Federal Register.
Denied Parties means (i) any individual listed on, or directly or indirectly owned or controlled by, a Person listed on, or acting on behalf of a Person listed on, any U.S, Canadian, E.U., U.K., or U.N. sanctions list, including but not limited to the list of Specially Designated Nationals of the Office of Foreign Assets Control or the Department of Commerce Entities List or any entity owned or controlled by such an individual; or (ii) located in, incorporated under the laws of, or owned (meaning 50% or greater ownership interest) or otherwise, directly or indirectly, controlled by, or acting on behalf of, a Person located in, residing in, or organized under the laws of Cuba, Iran, North Korea, Syria, or the Crimea region of Ukraine.
Examples of Denied Parties in a sentence
Customer expressly agrees not to sell or otherwise transfer products, technology or tech- nical data to companies or persons on the Denied Parties List and Specially Designated Nationals and Blocked Persons List, or to any other prohibited parties or restricted destinations listed in applicable laws and regulations, unless properly authorized by the appropriate government(s).
More Definitions of Denied Parties
Denied Parties means the list of Denied Persons, the proliferation concern Entity List and the list of Unverified Parties maintained by the United States Department of Commerce, and the list of Specially Designated Nationals and Blocked Persons maintained by OFAC, as such lists are revised and in effect from time to time.