OFAC Certification definition

OFAC Certification means the document entitled “OFAC Certification” included as part of the Bid Package. The OFAC Certification is used by Seller to follow U.S. Office of Foreign Assets Control (OFAC) guidance.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Examples of OFAC Certification in a sentence

• Without limiting the scope of the prior sentence, it is agreed that Tenant’s obligations under Section 3 (Rent), Section 5 (Use), Section 6 (Environmental Hazards), Section 16 (Indemnification), Section 33 (Brokers), Section 35 (Surrender of Premises), Section 36 (Holding Over), and Section 38 (OFAC Certification) shall survive the expiration or earlier termination of this Lease.

• Buyer represents and warrants that all information and documents provided to Seller or its agents by or on behalf of Buyer in connection with this LSA and the Sale, including, but not limited to, the PEC, the OFAC Certification, the Bid Certification, and the Confidentiality Agreement, are true and correct in all material respects and do not fail to state any fact necessary to make the information and documents not misleading.