U.S. Economic Sanctions definition

U.S. Economic Sanctions is defined in Section 5.16(a).

U.S. Economic Sanctions means United States economic sanctions, including but not limited to, the Trading with the Enemy Act, the International Emergency Economic Powers Act, CISADA or any similar law or regulation with respect to Iran or any other country, the Sudan Accountability and Divestment Act, any OFAC Sanctions Program, or any economic sanctions regulations administered and enforced by the United States or any enabling legislation or executive order relating to any of the foregoing.

U.S. Economic Sanctions shall have the meaning specified in paragraph 8R(i) hereof.

Examples of U.S. Economic Sanctions in a sentence

• Neither the Company nor any Affiliated Entity has been notified that its name appears or may in the future appear on a state list of Persons that engage in investment or other commercial activities in Iran or any other country that is subject to U.S. Economic Sanctions.

• The Company has established procedures and controls which it reasonably believes are adequate (and otherwise comply with applicable law) to ensure that the Company and each Controlled Entity is and will continue to be in compliance with all applicable current and future Anti‑Money Laundering Laws and U.S. Economic Sanctions and Canadian Economic Sanctions Laws.

• The Company has established procedures and controls which it reasonably believes are adequate (and otherwise comply with applicable law) to ensure that the Company and each Controlled Entity is and will continue to be in compliance with all applicable current and future Anti-Money Laundering Laws and U.S. Economic Sanctions and Canadian Economic Sanctions Laws.

• Borrower shall, and shall cause Parent Guarantor, each other Loan Party and each Controlled Affiliate of Borrower to, comply in all material respects with all applicable Anti-Money Laundering Laws and not violate applicable U.S. Economic Sanctions.

• Neither the Company nor any Controlled Entity has been notified that its name appears or may in the future appear on a state list of Persons that engage in investment or other commercial activities in Iran or any other country that is subject to U.S. Economic Sanctions.

More Definitions of U.S. Economic Sanctions

U.S. Economic Sanctions has the meaning set forth in Section 7.2(b) hereof.

U.S. Economic Sanctions shall have the meaning specified in Section 6.21.

U.S. Economic Sanctions has the meaning set forth in Clause 3 of this Schedule 2.

U.S. Economic Sanctions is defined in the defined term “Blocked Person”.

U.S. Economic Sanctions means any sanctions administered by the Office of Foreign Assets Control of the United States Treasury Department.

U.S. Economic Sanctions has the meaning given to such term in Section 4(i).

U.S. Economic Sanctions is defined in paragraph 8X(a).