Forbidden entity definition
Forbidden entity means any of the following:
Forbidden entity is defined as (i) the governments of Cuba, Iran, North Korea, Myanmar, Syria and Sudan (each, a “Prohibited Country”) and any of their agencies, including, but not limited to political units and subdivisions (each, a “Prohibited Government”); and (ii) any company that (A) is wholly or partially managed or controlled by a Prohibited Government, (B) is established, organized under, or whose principal place of business is in any Prohibited Country, or (C) has failed to submit an affidavit following request therefore averring that it does not own or control any property or asset in and has not and does not transact business with any Prohibited Country. For purposes of this Section 6.1.9, a “company” is any entity whether publicly traded or privately owned capable of affecting commerce, including, but not limited to, a government, government agency, natural person, legal person, sole proprietorship, partnership, firm, corporation, subsidiary, affiliate, franchisor, franchisee, joint venture, trade association, financial institution, utility, public franchise, provider of financial services, trust, or enterprise and any association thereof.”
Forbidden entity shall have the meaning assigned thereto in Section 3.1(g)(i).
More Definitions of Forbidden entity
Forbidden entity means any oE the Eollowing:
Forbidden entity. As defined in Section 11(t). usable for fuel, pesticides regulated under the FIFRA; lead paint, asbestos and asbestos containing materials, PCBs, and other substances regulated under the TSCA; source material, special nuclear material, by product material and any other radioactive materials or radioactive wastes, however produced, regulated under the Atomic Energy Act or the Nuclear Waste Policy Act; chemicals subject to the OSHA Hazard Communication Standard, 29 C.F.R. 1910.1200 et seq.; and industrial process and pollution control wastes whether or not hazardous within the meaning of RCRA.
Forbidden entity means (i) the governments of Cuba, Iran, North Korea, Myanmar, Syria and Sudan (each, a “Prohibited Country”) and any of their agencies, including, but not limited to, political units and subdivisions (each, “Prohibited Government”); (ii) any company that (a) is wholly or partially managed or controlled by a Prohibited Government, or (b) is established, organized under, or whose principal place of business is in any Prohibited Country; and “Prohibited Person” means any person (i) listed in the Annex to, or otherwise subject to the provisions of, Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (the “Executive Order”), (ii) that is owned or controlled by, or acting for or on behalf of, any person or entity that is listed in the Annex to, or is otherwise subject to the provisions of, the Executive Order, (iii) with whom any Seller is prohibited from dealing or otherwise engaging in any transaction by any terrorism or money laundering law, including the Executive Order, (iv) who commits, threatens or conspires to commit or supports “terrorism” as defined in the Executive Order and/or the USA Patriot Act, (v) that is named as a “specially designated national and blocked person” on the most current list published by OFAC at its official website (http://outbind://41/▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇) or at any replacement website or other replacement official publication of such list, or (vi) who is an affiliate of an entity who is a Prohibited Person.