ITSR definition

ITSR means the Independent Transport Safety Regulator established by the Transport Administration Act 1988.

Examples of ITSR in a sentence

  • Based upon the available records, BNPP's outbound transactions through the United States on behalf of the company appear to have violated the prohibition contained in § 560.204 of the ITSR because the benefit of these transactions was received in Iran.

  • For the sake of clarity, all references herein to the ITSR shall mean the regulations in 31 C.F.R. part 560 at the time of the activity, regardless of whether such activity occurred before or after the regulations were reissued.

  • Respondent developed and instituted an apparent evasion scheme to generate profits in Iran-related business and minimize the reputational and legal consequences of violating the ITSR, EAR, and/or IEEPA.

  • For a number of years, including from on or about January 2010 to on or about March 2016, Respondent engaged in a pattern or practice whereby Respondent sought to evade and circumvent the ITSR.

  • While engaged in such conduct, Respondent willfully violated U.S. economic sanctions regulations, including §§ 560.203, 560.204, and/or 560.205 of the ITSR.

  • For a case involving violations of the ITSR where a VSD is filed and the matter is not “egregious” (as the Company would argue is the case in this instance), the base penalty amount is half the transaction value per each violation (capped at US$142,291 per violation for payments processed after November 2, 2015).

  • The parties agree that any such referral constitutes a request under section 42K of the Transport Administration Act 1988 for ITSR to determine the dispute and that they will be bound by any resulting determination of ITS R.

  • The subject technology under this Exhibit (together including data, services, and Equipment/Hardware provided hereunder) may be controlled for export purposes under the International Traffic in Arms Regulations (ITSR) controlled by the U.S. Department of State or the Export Administration Regulations (EAR) controlled by the U.S. Department of Commerce.

  • Additionally, AL Middle East committed one apparent violation of § 560.203(b) of the ITSR in forming a conspiracy with two Iran-based firms and one Dubai-based company to cause a U.S. person to violate § 560.204.

  • If the conciliation undertaken in accordance with c ▇▇▇▇▇ 12.4 does not resolve the dispute, the parties may jointly refer the dispute to the ITSR for determination.

Related to ITSR

  • TSR means total shareholder return.

  • rTSR means the percentile rank of the Company’s Total Shareholder Return among the Total Shareholder Returns of all members of the Peer Group, ranked in descending order, at the end of the Performance Period.

  • ROIC is an internally adjusted ratio based on Net Operating Profit After Taxes (NOPAT) / (debt + equity - cash) and is averaged for each year during the Measurement Period.

  • Company TSR means, for any Performance Period, the Company’s TSR for such Performance Period.

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.