Embargoed Person definition
Embargoed Person shall have the meaning set forth in Section 4.1.35 hereof.
Embargoed Person means any person, entity or government subject to trade restrictions under U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C. §1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder with the result that the investment in Tenant is prohibited by law or Tenant is in violation of law.
Embargoed Person means any party that (i) is publicly identified on the most current list of “Specially Designated Nationals and Blocked Persons” published by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or resides, is organized or chartered, or has a place of business in a country or territory subject to OFAC sanctions or embargo programs or (ii) is publicly identified as prohibited from doing business with the United States under the International Emergency Economic Powers Act, the Trading With the Enemy Act, or any other Requirement of Law.
Examples of Embargoed Person in a sentence
None of the Loan Parties, their respective Subsidiaries, their respective officers or directors, or to the knowledge of each Responsible Officer, any Affiliates of a Loan Party or any of its Subsidiaries or agent acting or benefitting in any capacity in connection with the Term Loans, is an Embargoed Person.
None of the Loan Parties, their respective Subsidiaries, their respective officers or directors, or to the knowledge of each Responsible Officer, any Affiliates of a Loan Party or any of its Subsidiaries or agent acting or benefitting in any capacity in connection with the Loans, is an Embargoed Person.
More Definitions of Embargoed Person
Embargoed Person shall have the meaning assigned to such term in Section 6.21.
Embargoed Person has the meaning assigned to such term in Section 9.22.
Embargoed Person means any person, entity or government subject to trade restrictions under U.S. law, including, but not limited to, The USA PATRIOT Act (including the anti-terrorism provisions thereof), the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701, et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder including those related to Specially Designated Nationals and Specially Designated Global Terrorists, with the result that the investment in Borrower, Principal or Guarantor, as applicable (whether directly or indirectly), is prohibited by law or the Loan made by the Lender is in violation of law.
Embargoed Person has the meaning provided in Section 4.1(LL).
Embargoed Person shall have the meaning set forth in Section 4.1.44 hereof.
Embargoed Person means any Person identified by OFAC or any other Person with whom a Person resident in the United States of America may not conduct business or transactions by prohibition of federal law or Executive Order of the President of the United States of America.
Embargoed Person means any person, entity or government subject to trade restrictions under U.S. law, including The USA PATRIOT Act (including the anti terrorism provisions thereof), the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701, et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder including those related to Specially Designated Nationals and Specially Designated Global Terrorists, with the result that the investment in Borrower or Guarantor, as applicable (whether directly or indirectly), is prohibited by law or the Loan made by the Lender is in violation of law.