Sanctions Laws definition

Sanctions Laws means all U.S. and non-U.S. Laws relating to economic or trade sanctions, including the Laws administered or enforced by the United States (including by the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) or the U.S. Department of State), the United Nations Security Council, and the European Union.

Sanctions Laws means the economic or financial sanctions laws and/or regulations, trade embargoes, prohibitions, restrictive measures, decisions, executive orders or notices from regulators implemented, adapted, imposed, administered, enacted and/or enforced by any Sanctions Authority.

Sanctions Laws has the meaning set forth in Section 4.16.

Examples of Sanctions Laws in a sentence

• Comply in all respects with the requirements of all Laws and all orders, writs, injunctions, decrees and judgments applicable to it or to its business or property (including without limitation Environmental Laws, ERISA, Sanctions Laws and Regulations and FCPA and other applicable anti-corruption laws), except if the failure to comply therewith could not, individually or in the aggregate reasonably be expected to have a Material Adverse Effect.

• Should Supplier discover, or otherwise become aware of, circumstances presenting a violation of this provision or any Sanctions Laws, Supplier shall notify TPS as soon as practicable, but in no event later than twenty-four (24) hours after discovery and agrees to cooperate with TPS in order to take all necessary corrective actions.

• No Borrowing or use of proceeds of any Borrowing will violate or result in the violation of any Sanctions Laws and Regulations applicable to any party hereto.

• Accordingly, Supplier certifies that neither it nor any of its directors, officers, or employees (i) has been designated under any Sanctions Laws, including in lists administered by OFAC and BIS; or (ii) is directly or indirectly owned or controlled by, or acting for or on behalf of, an entity or person designated under any Sanctions Laws.

• Furthermore, no member, employee, director or officer of Customer or, as far as Customer is aware, any person acting on its behalf, is in violation of Sanctions Laws or designated on a UN, EU, US, UK or other applicable sanctions list (a “Restricted Person”) or controlled (directly or indirectly) by a Restricted Person.

More Definitions of Sanctions Laws

Sanctions Laws means all national and supranational laws, regulations, decrees, orders, or other acts with force of law of the United States, the United Kingdom, or the European Union, or United Nations Security Council resolutions concerning trade and economic sanctions, including embargoes, the freezing or blocking of assets of targeted Persons, other restrictions on exports, imports, investment, payments, or other transactions targeted at particular Persons or countries, including any Laws threatening to impose such trade and economic sanctions on any Person for engaging in proscribed or targeted behavior.

Sanctions Laws shall have the meaning assigned to such term in Section 3.25(c).

Sanctions Laws means economic and financial sanctions Laws administered, enacted or enforced from time to time by Government Authorities of Canada, the United States, the European Union, the United Kingdom or the United Nations Security Council;

Sanctions Laws means applicable economic or financial sanctions or trade embargoes imposed, administered, or enforced by relevant Governmental Entities, including those administered by OFAC or the U.S. Department of State, the European Union or its Member States, or Her Majesty’s Treasury of the United Kingdom.

Sanctions Laws means any sanctions administered or enforced by OFAC or the U.S. Departments of State or Commerce and including, without limitation, the designation as a “Specially Designated National” or on the “Sectoral Sanctions Identifications List”, collectively “Blocked Persons”), the United Nations Security Council (“UNSC”), the European Union, Her Majesty’s Treasury (“HMT”) or any other relevant sanctions authority.

Sanctions Laws means any anti-terrorism laws, export control and economic sanctions laws and regulations issued by any sanctioning body.

Sanctions Laws has the meaning specified in Section 5.17(a).