Restricted Person definition

Restricted Person means a person that is:
Restricted Person shall have the meaning assigned to such term in Section 6.9(i).
Restricted Person means a person that is (i) listed on, or owned or controlled by a person listed on any Sanctions List; (ii) located in, incorporated under the laws of, or owned or controlled by, or acting on behalf of, a person located in or organised under the laws of a country or territory that is the target of country-wide Sanctions; or (iii) otherwise a target of Sanctions.

Examples of Restricted Person in a sentence

  • For the avoidance of doubt, it shall not constitute a breach of this Section 5.7 if a Restricted Person, in response to any unsolicited request for referral or recommendation from any Person, refers such Person to a Competing Business.

  • In the event of a breach of clause 22 the Client shall pay to Mustard Ltd by way of liquidated damages an amount equivalent to the higher of either 80% of the annual salary of the Restricted Person or a sum representing the equivalent of the cost of the Services for a 6 month period.

  • Notwithstanding the foregoing, the following activities shall not constitute a breach of this Section 5.13(a): ownership by a Restricted Person, as a passive investment, in the aggregate of less than two percent (2%) of the outstanding shares or other Equity Interests of capital stock of any corporation or other entity listed on a national securities exchange or publicly traded on any nationally recognized over-the-counter market.

  • Borrower and each person owning a significant interest in Borrower shall not engage in dealings or transactions or otherwise be associated with an OFAC Restricted Person.

  • Notwithstanding the foregoing (X) a Restricted Person may own, directly or indirectly, solely as a passive investment, securities of any Person traded on any national securities exchange if such Restricted Person is not a controlling Person of, or a member of a group which controls, such Person and does not, directly or indirectly, own two percent (2%) or more of any class of securities of such Person, and (Y) Buyers expressly acknowledge, agree and accept that each of ▇.


More Definitions of Restricted Person

Restricted Person shall have the meaning set forth in Section 5.1(a).
Restricted Person means any of Borrower and each Subsidiary of Borrower.
Restricted Person means any Person identified on the U.S. Department of Commerce’s Denied Persons List, Unverified List or Entity List or the U.S. Department of State’s Debarred List.
Restricted Person means an employee or independent contractor of the Company, or any person who was an employee or independent contractor of the Company during the six months preceding the termination of my employment or relationship with the Company, who possesses or had access to Confidential Information of the Company.
Restricted Person means any person or entity that is identified on any applicable restricted party list issued by a Governmental Authority, and also includes, without limitation any person:
Restricted Person means any person who, or any member of a group of persons acting together, any one of which:
Restricted Person means, at any time: