OFAC Sanctions definition
Examples of OFAC Sanctions in a sentence
NCPS is entitled to rely on Issuer Party’s CIP, anti-money laundering program and OFAC Sanctions Compliance Program, and upon NCPS’s request, Issuer Party shall provide customary certifications with respect thereto.
Upon NCPS’s request, Issuer Party shall provide customary certifications as to Issuer Party’s CIP, anti-money laundering program and OFAC Sanctions Compliance Program on which NCPS is entitled to rely.
None of the Loan Parties, nor any of their agents acting in any capacity in connection with the Loans or other transactions hereunder (A) conducts any business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Blocked Person, or (B) deals in, or otherwise engages in any transaction relating to, any property or interests in property blocked pursuant to any OFAC Sanctions Programs.
In addition, each Member acknowledges that the OFAC Sanctions Programs target dealings with individuals or entities in certain countries regardless of whether such individuals or entities appear on the OFAC Lists.
NCPS is entitled to rely on Manager’s CIP, anti-money laundering program and OFAC Sanctions Compliance Program, and upon NCPS’s request, Manager shall provide customary certifications with respect thereto.