Sanctionable Practices definition

Sanctionable Practices means any Corrupt Practice, Fraudulent Practice, Coercive Practice, Collusive Practice, or Obstructive Practice.

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Sanctionable Practices means any corrupt practice, fraudulent practice, collusive practice, coercive practice, or obstructive practice, carried out in connection with Projects or Programmes and as defined in Section 4 of these Sanctions Procedures.

Sanctionable Practices means any Corrupt Practice, Fraudulent Practice, Coercive Practice, Collusive Practice or Obstructive Practice, as those terms are defined and interpreted in accordance with the Anti-Corruption Guidelines.

Examples of Sanctionable Practices in a sentence

Engage in (and neither the Borrower nor any Subsidiary shall authorize or permit any Affiliate or any other Person acting on its behalf to engage in) with respect to its Operations or any transaction contemplated by this Agreement, any Sanctionable Practices.
Engage in (and shall not authorize or permit any Restricted Affiliate or any other Person acting on its behalf to engage in), with respect to the Project or any transaction contemplated by this Agreement, any Sanctionable Practices.
Engage in (nor authorize or permit any Affiliate, any Eligible Sub-borrower or any other Person acting on its or their behalf to engage in) with respect to its banking license or any transaction contemplated by this Agreement, any Sanctionable Practices.
Engage in (and shall not authorize or permit any Affiliate or any other Person acting on its behalf to engage in) with respect to the Project or any transaction contemplated by this Agreement, any Sanctionable Practices.
Engage in (and no Obligor or any Subsidiary thereof shall authorize or permit any Affiliate or any other Person acting on its behalf to engage in) with respect to its Operations or any transaction contemplated by this Agreement, any Sanctionable Practices.
The Borrower makes the representations and warranties set out in Clauses 12.1 (Sanctionable Practices), 12.2 (Environmental Matters) and 12.3 (Ghana-related Assets) of this Agreement to IFC as at the date of this Agreement and acknowledges that IFC has entered into the Finance Documents pursuant to the Deed of Transfer and Amendment and this Agreement in full reliance on these representations and warranties.
The Company has not committed or engaged in nor has it authorized its Affiliates or any person acting on the Company's or its Affiliate's behalf to commit or engage in, with respect to the transactions contemplated by the Transaction Documents and the Project Documents, any Sanctionable Practices.
The Respondent puts forward the absence of past misconduct and the fact that there have been no significant losses caused to WCOS and to the Bank Group by the mistakes and the fact that the Respondent has no prior history of Sanctionable Practices.
The Company has not committed or engaged in nor has it authorized its Affiliates or any person acting on the Company’s or its Affiliate’s behalf to commit or engage in, with respect to the transactions contemplated by the Transaction Documents and the Project Documents, any Sanctionable Practices.
More information about Sanctionable Practices is available on IFC's web site.

More Definitions of Sanctionable Practices

Sanctionable Practices means any fraudulent, coercive, corrupt, collusive, obstructive, or fraudulent practice, as defined in the World Bank’s Anti-Corruption Guidelines for World Bank Guarantee and Carbon Finance Transactions.

Sanctionable Practices means any practice by an entity or individual that is corrupt, fraudulent, improperly collusive, coercive or obstructive, and carried out in connection with a Bank Group-financed Activity or an Investigation, audit or sanctions proceeding.

Sanctionable Practices means any Corrupt Practice, Fraudulent Practice, Coercive Practice, and Collusive Practice, each as defined in the Anti-Corruption guidelines of the International Finance Corporation in effect as of the date of this Charter;