World Bank Listing of Ineligible Firms definition

World Bank Listing of Ineligible Firms means the list, as updated from time to time, of persons or entities ineligible to be awarded a World Bank Group-financed contract or otherwise sanctioned by the World Bank Group Sanctions Board for the periods indicated on the list because they were found to have violated the fraud and corruption provisions of the World Bank Group anticorruption guidelines and policies. The list may be found at xxxx://xxx.xxxxxxxxx.xxx/xxxxxx or any successor website. EXHIBIT A IFC ANTI-CORRUPTION DEFINITIONS
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World Bank Listing of Ineligible Firms means the list, as updated from time to time, of persons or entities ineligible to be awarded a World Bank Group-financed contract or otherwise sanctioned by the World Bank Group sanctions board for the periods indicated on the list because they were found to have violated the fraud and corruption provisions of the World Bank Group anticorruption guidelines and policies. The list may be found at http://www.worldbank.org/debarr or any successor website or location.Corporate Governance
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World Bank Listing of Ineligible Firms means the list, as updated from time to time, of persons or entities ineligible to be awarded a World Bank Group-financed contract or otherwise sanctioned by the World Bank Group Sanctions Board for the periods indicated on the list because they were found to have violated the fraud and corruption provisions of the World Bank Group anticorruption guidelines and policies. The list may be found at xxxx://xxx.xxxxxxxxx.xxx/xxxxxx or any successor website or location; "AML/CFT Procedures" the relevant part of the overall management system of the Company, including the organizational structure, responsibilities, procedures and resources, and following national law and best international standards, including the Wolfsberg Principles, to: 1. prevent the Company from being used for money laundering, the financing of terrorist activity, fraud, or other corrupt or illegal purposes or practices; 2. ensure that the Company will not enter into any transaction with, or for the benefit of, any of the individuals or institutions named on lists of sanctioned persons promulgated by the United Nations Security Council or its committees pursuant to Security Council Resolutions 1267 (1999), 1373 (2001) or related or successor resolutions in connection with money laundering or anti-terrorism matters; 3. institute, maintain and comply with the AML/CFT Procedures and cause each of its Investee Companies to institute, maintain and comply with the AML/CFT Procedures; and 4. upon request of any of its Shareholders, to prepare and sign off on an annual compliance report which will provide a summary of the performance of the AML/CFT Procedures.
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Examples of World Bank Listing of Ineligible Firms in a sentence

  • The standard Memorandum of Understanding prohibits placing any purchase order to any supplier included in the World Bank Listing of Ineligible Firms and the World Bank Corporate Procurement Listing of Non-Responsible Vendors without obtaining in advance a written authorization from the funding entity.

  • The Company shall not make or hold any investments in in any entity that (A) is sanctioned pursuant to United Nations Security Council resolutions issued under Chapter VII of the UN Charter; (B) is on the World Bank Listing of Ineligible Firms or (C) has been convicted, indicted, or subjected to any similar criminal sanction, by any court or governmental body of competent jurisdiction, for engaging in money laundering or financing of terrorism or any Sanctionable Practice.

  • The Company shall not issue, any equity securities of the Company to any of the individuals or entities named on (a) lists promulgated by the United Nations Security Council or its committees pursuant to resolutions issued under Chapter VII of the United Nations Charter; or (b) the World Bank Listing of Ineligible Firms (see xxx.xxxxxxxxx.xxx/xxxxxx).

  • The Company shall ensure that no Person may become a holder of Equity Securities if such Person or any Affiliate of such Person is named on (A) lists promulgated by the United Nations Security Council or its committees pursuant to resolutions issued under Chapter VII of the United Nations Charter; or (B) the World Bank Listing of Ineligible Firms (see xxx.xxxxxxxxx.xxx/xxxxxx).


More Definitions of World Bank Listing of Ineligible Firms

World Bank Listing of Ineligible Firms has the meaning set forth in Section 5.9(iii).
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Related to World Bank Listing of Ineligible Firms

  • XXXXX Administrator’s Website means the Bank of England’s website, currently at xxxx://xxx.xxxxxxxxxxxxx.xx.xx, or any successor source for the Sterling Overnight Index Average identified as such by the XXXXX Administrator from time to time.

  • Service and support administrator means a person, regardless of title, employed by or under contract with a county board to perform the functions of service and support administration and who holds the appropriate certification in accordance with rule 5123:2-5-02 of the Administrative Code.

  • Local education agency means: a public authority legally constituted by the state as an administrative agency to provide control of and direction for Kindergarten through Twelfth (12th) grade public educational institutions.

  • Applicable Banking Regulations means at any time the laws, regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, then applicable to Banco Santander and/or the Group including, without limitation to the generality of the foregoing, the CRD IV, the BRRD, the SRM Regulation and those regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency of the Regulator and/or the Relevant Resolution Authority then applicable to Banco Santander and/or the Group including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, in each case to the extent then in effect in the Kingdom of Spain (whether or not such regulations, requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to Banco Santander and/or the Group).

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.