Sanctionable Activity definition
Sanctionable Activity means any condition or activity specifically identified under any Sanctions as constituting a basis for the imposition of Sanctions against a Person engaged in such activity or described by such condition.
Sanctionable Activity means any condition or activity specifically identified under any Sanctions as constituting a basis for the imposition of Sanctions against a person engaged in such activity or described by such condition.
Sanctionable Activity means any activity that, if engaged in by a person, could result in that person breaching, or a designation of that person under, any Sanctions.
Examples of Sanctionable Activity in a sentence
None of Seller, Pledgor, any Affiliated Originator or Guarantor is engaged in, and in the past five years has not engaged in, any Sanctionable Activity.
More Definitions of Sanctionable Activity
Sanctionable Activity means any activity that, if engaged in by a person, could result in that person breaching, or a designation of that person under, any Sanctions; 1.1.98. "Sanctioned Territory" means a country, region or territory that is the subject of country-wide, region-wide or territory-wide Sanctions; 1.1.99. "Sanctions" means the economic or financial sanctions laws, regulations, trade embargoes or other restrictive measures enacted, administered, implemented and/or enforced from time to time by any of the following (and including through any relevant Sanctions Authority): 1.
Sanctionable Activity has the meaning given to such term in Section (j) of Schedule K.