Trade Sanction definition

Trade Sanction means any measures imposed by a Government or group of Governments to prohibit, restrict or limit trade with or within a Country.
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Trade Sanction means any laws or measures imposed by a Government, group of Governments, supranational authority or regulatory authority to prohibit, restrict or limit trade with or within a Country or geographical area.
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Trade Sanction shall have the meaning ascribed to such term in Section 6.1(ff);
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Examples of Trade Sanction in a sentence

  • UNIVERSITY and COMPANY agree that the performance of this Agreement will be in compliance with U.S. Export Control and Trade Sanction regulations.

  • UNIVERSITY and COMPANY agree that the performance of this Agreement will be in compliance with U.S. Export Control and Trade Sanction regulations and agree to confer and consult with each other regarding export control regulations as they relate to physical, deemed, and electronic transmission exports.

  • UNIVERSITY and SBC agree that the performance of this Agreement will be in compliance with U.S. Export Control and Trade Sanction regulations.

  • The parties agree that the performance pursuant to this MOU will be in compliance with U.S. Export Control and Trade Sanction regulations.

  • The theft, loss or accidental damage must occur either within New Zealand, or for mobile equipment only, anywhere in the world (subject to Economic and Trade Sanction condition) on the basis that the equipment is only temporarily outside New Zealand.

  • For each Trade Sanction Customer, Schedule 4.11(n) identifies the country in which it is located and the Product or service sold or ordered.

  • Conforming to Trade Sanction Laws This policy does not apply to the extent that trade or economic sanctions or other laws or regulations prohibit Us from providing insurance.

Related to Trade Sanction

  • OFAC Sanctions means any sanctions program administered by the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”) under authority delegated to the Secretary of the Treasury (the “Secretary”) by the President of the United States or provided to the Secretary by statute, and any order or license issued by, or under authority delegated by, the President or provided to the Secretary by statute in connection with a sanctions program thus administered by OFAC. For ease of reference, and not by way of limitation, OFAC Sanctions programs are described on OFAC’s website at ▇▇▇.▇▇▇▇▇.▇▇▇/▇▇▇▇.

  • OFAC Sanctions Program means any economic or trade sanction that OFAC is responsible for administering and enforcing. A list of OFAC Sanctions Programs may be found at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/resource-center/sanctions/Programs/Pages/Programs.aspx.

  • OFAC Sanctions Programs means all laws, regulations, and Executive Orders administered by OFAC, including without limitation, the Bank Secrecy Act, anti-money laundering laws (including, without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56 (a/k/a the USA Patriot Act)), and all economic and trade sanction programs administered by OFAC, any and all similar United States federal laws, regulations or Executive Orders, and any similar laws, regulators or orders adopted by any State within the United States.

  • Economic Sanctions refers to sanctions imposed by the U.S. government in response to Russia’s actions in Ukraine, as well as any sanctions imposed under state law. The EO directs state agencies to terminate contracts with, and to refrain from entering any new contracts with, individuals or entities that are determined to be a target of Economic Sanctions. Accordingly, should the State determine Contractor is a target of Economic Sanctions or is conducting prohibited transactions with sanctioned individuals or entities, that shall be grounds for termination of this agreement. The State shall provide Contractor advance written notice of such termination, allowing Contractor at least 30 calendar days to provide a written response. Termination shall be at the sole discretion of the State.

  • State Sanctions List means a list that is adopted by any state Governmental Authority within the United States of America pertaining to Persons that engage in investment or other commercial activities in Iran or any other country that is a target of economic sanctions imposed under U.S. Economic Sanctions Laws.