Prohibited Parties definition

Prohibited Parties means, collectively, those countries, and persons to whom the sale, export, re-export, transfer, diversion or other disposition of any IAE goods, software, technical data or services is prohibited by the applicable export laws and related regulations of the United States, German, British, Japanese, or European Union Governments.

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Prohibited Parties mean, collectively, those countries, and persons and entities from those countries, on which the U.S. or European Union Governments (“Applicable Governments”) maintain an embargo or sanctions and those entities and individuals on the Applicable Governments’ lists of restricted or denied parties pursuant to applicable export laws.

Prohibited Parties means the parties as set out, or whose activities/operations are described, in Appendix 3, as may be refreshed from time to time in accordance with the provisions of Appendix 3;

Examples of Prohibited Parties in a sentence

• To the best of Borrower’s knowledge, after due inquiry and investigation, none of (a) Borrower, (b) any Borrower Principal, (c) any Person with a collective equity interest (whether direct or indirect) in Borrower of 25% or more, or (d) any Non-U.S. Equity Holder, is presently listed or at any time has been listed on any Prohibited Parties List.

• Borrower will confirm at the time of entering into or renewing any property management agreement that each Property Manager is not on any Prohibited Parties List.

• As of the Effective Date, Borrower has confirmed that each Property Manager is not on any Prohibited Parties List.

• Equity Holder and no other person with a direct or indirect interest in Borrower equal to or greater than 25%, is on any Prohibited Parties List.

• Notwithstanding the foregoing, Cargill acknowledges and agrees that the EPC Parties may enter into agreements with any of the foregoing Prohibited Parties so long as the EPC Parties can demonstrate that either one of them commenced discussions with the Prohibited Party prior to September 30, 2006 (or, in the case of new Prohibited Parties on an updated list, prior to the EPC Parties’ receipt of the updated list).

More Definitions of Prohibited Parties

Prohibited Parties means (a) Persons identified in the List of Specially Designated Nationals and Blocked Persons, the Foreign Sanctions Evaders List and the Sectoral Sanctions Identifications List, in each case administered by OFAC and as amended from time to time, and any other sanctions or similar lists administered by the United States government, including the Department of State and Department of Commerce (“OFAC Lists”); and (b) any Persons owned 50% or more or controlled, directly or indirectly, by such Persons; and “control” of a specified Person means the possession, directly or indirectly, of the power to direct or cause the direction of the management policies of such Person, whether through ownership of voting securities, by contract, agency or otherwise.

Prohibited Parties means, collectively, the Persons listed on Exhibit B hereto and the Affiliates of such Persons, as reasonably updated by ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇ on an annual basis during the Term with the prior written consent of Producer, which consent shall not be unreasonably withheld; provided, however, that in no event shall there be more than five (5) Prohibited Parties, but there may be any number of Affiliates of such Prohibited Parties.

Prohibited Parties means, collectively, those countries, and persons to whom the sale, export, re- export, transfer, diversion or other disposition of any IAE goods, software, technical data or services is prohibited by the applicable export laws and related regulations of the United States, German, British, Japanese, or European Union Governments.

Prohibited Parties has the meaning set forth in the Master Agreements.

Prohibited Parties has the meaning set forth in Section 10.6(b).

Prohibited Parties means (a) (i) Persons identified in the List of Specially Designated Nationals and Blocked Persons, the Foreign Sanctions Evaders List, and the Sectoral Sanctions Identifications List, in each case administered by OFAC, as amended from time to time, and any other sanctions or similar lists administered by the United States government, including the Department of State and Department of Commerce and (ii) any persons owned 50% or more, directly or indirectly, by persons identified in the List of Specially Designated Nationals and Blocked Persons, the Foreign Sanctions Evaders List, or the Sectoral Sanctions Identifications List, to the extent such person would be treated as a sanctioned person under applicable OFAC regulations; (b) Persons identified on any sanctions lists of the European Union or any other jurisdiction where the Company or any of its Subsidiaries currently has operations; and (c) Persons identified on any list of sanctioned parties identified in a resolution of the United Nations Security Council.

Prohibited Parties means any party sanctioned by the government of United Kingdom, Switzerland, the European Union, the United States of America, the United Nations or the World Bank, (ii) owned or controlled by any sanctioned party; (iii) any oil or gas company majority – owned by a state or any entity of a state in the territory,