U.S. Sanctions. The Transfer Agent represents and warrants that it has implemented policies, procedures and controls reasonably designed to detect and prevent any transaction involving an Account that is prohibited and to block assets involved in any transaction in, to, or from an Account that must be blocked under U.S. Sanctions. Consistent with the services provided by the Transfer Agent and with respect to the Accounts for which the Transfer Agent maintains the applicable shareholder information, which includes the registration for Accounts opened through NSCC/FundSERV, the Transfer Agent shall provide the services included in its policies and procedures designed to comply with U.S. Sanctions.
U.S. Sanctions. Neither the Corporation, any Subsidiary nor, to the knowledge of the Corporation, any director, officer, agent, employee, affiliate or person acting on behalf of the Corporation is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Corporation will not directly or indirectly use the proceeds of the Offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC;
U.S. Sanctions. The Parties expressly agree to comply with all United States laws and regulations concerning U.S. sanctioned and/or embargoed countries, entities and individuals. Seller warrants that no country, entity, or individual prohibited by U.S. law or regulation has at any time had an interest in the Product sold in under this Agreement.
U.S. Sanctions. No Relevant Party and, to the knowledge of the Relevant Parties, no controlled Affiliate is, or is owned or controlled by Persons that are, the subject of any sanctions administered by the Office of Foreign Asset Control (“OFAC”). The Relevant Parties will not knowingly use the proceeds of the Loans to fund any activities of any Person, or in any country, that is the subject of sanctions administered by OFAC, except as permitted under U.S. law.
U.S. Sanctions. Neither the Corporation, any of its subsidiaries nor, to the knowledge of the Corporation, any director, officer, agent, employee, affiliate or person acting on behalf of the Corporation is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Corporation will not directly or indirectly use the proceeds of the Offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.
U.S. Sanctions. Neither the Company nor any of its directors or officers, nor the Material Entities, nor, to the knowledge of the Company, any agent, employee, affiliate or person acting on behalf of the Company or the Material Entities is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Company will not directly or indirectly use the proceeds of this Offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.
U.S. Sanctions. No Relevant Party and, to the knowledge of the Relevant Parties, no controlled Affiliate is, or is owned or controlled by Persons that are, the subject of any sanctions administered by the Office of Foreign Asset Control (“OFAC”). The Relevant Parties will not knowingly use the proceeds of the Loans to fund any activities of any Person, or in any country, that is the subject of sanctions administered by OFAC, except as permitted under U.S. law. No part of the proceeds of any Loan will be used directly or indirectly for any payments to any government official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977.
U.S. Sanctions. Neither the Recipients nor Shengyuan Company is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”); no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Recipients with respect to U.S. sanctions administered by OFAC is pending or, to the Recipients’ knowledge, threatened; and neither the Recipients nor Shengyuan Company have directly or indirectly lent, contributed or otherwise made available funds to any party, joint venture partner or other person or entity, for the purpose of financing the activities of any person that would, if undertaken by a U.S. person as defined in the U.S. sanctions administered by OFAC, be prohibited by any U.S. sanctions administered by OFAC.
U.S. Sanctions. To the best of the Company's knowledge, neither the Company's nor any of the Subsidiaries' profits are predominantly derived from the Company's or any of the Subsidiaries' economic development of resources located in Myanmar or any other country where restricted by executive order, ruling or other governmental regulation.
U.S. Sanctions. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company, any director, officer or employee of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury.
