Canadian Economic Sanctions and Export Control Laws definition

Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including the Special Economic Measures Act (Canada), the United Nations Act, (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), Part II.1 of the Criminal Code, (Canada) and the Export and Import Permits Act (Canada), and any related regulations.
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures.
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including the Special Economic Measures Act (Canada), the United Nations Act, (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), PartII.1 of the Criminal Code, (Canada) and the Export and Import Permits Act (Canada), and any related regulations.

Examples of Canadian Economic Sanctions and Export Control Laws in a sentence

  • The Borrower will comply, in all material respects with applicable Canadian Economic Sanctions and Export Control Laws, including those regarding activities involving Iran or Sudan.

  • The Borrower shall adopt and maintain adequate policies, procedures, and controls to ensure that it is in material compliance with applicable Canadian Economic Sanctions and Export Control Laws.

  • Subject to Section 3.07(d), none of the transactions contemplated by the Loan Documents violates the Canadian Economic Sanctions and Export Control Laws.


More Definitions of Canadian Economic Sanctions and Export Control Laws

Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including the Special Economic Measures Act, S.C. 1992, c. 17, the United Nations Act, R.S.C. 1985, c. U-2, the Freezing Assets of Corrupt Foreign Officials Act, S.C. 2011, c. 10, Part II.1 of the Criminal Code, R.S.C. 1985, c. C-46, and the Export and Import Permits Act, R.S.C. 1985, c. E-19, and any related regulations.
Canadian Economic Sanctions and Export Control Laws means the Special Economic Measures Act (Canada) (S,C. 1992, c. 17) and the regulations made thereunder, the United Nations Act (Canada) (R.S.C. 1985, c. U-2), and the regulations made thereunder, Freezing Assets of Corrupt Foreign Officials Act (Canada) (S.C. 2011, c.10), and the regulations made thereunder, Part II.1 of the Criminal Code (Canada) (R.S.C., 1985, c. C-46), and the regulations made thereunder, the Export and Import Permits Act (Canada) (R.S.C., 1985, c. E-19), and the regulations made thereunder, any other law or regulation promulgated from time to time and administered by Global Affairs Canada and any similar laws enacted in Canada after the date of this Agreement.
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including the Special Economic Measures Act (Canada), the United Nations Act, (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), Part
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including the Special Xxxxxxxx Xxxxxxxx Xxx (Xxxxxx), the United Nations Act (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), Part II.1 of the Criminal Code (Canada) and the Export and Import Permits Act (Canada), and any related regulations. “Canadian Guarantee and Security Agreement” means that certain Canadian Guarantee and Security Agreement made by and among Canadian Subsidiary Guarantor, any additional Foreign Guarantors of Payment that become party thereto from time to time, and the Administrative Agent for the benefit of the Secured Parties, as amended, restated, modified or supplemented from time to time. “Canadian MEPP” means a “multi-employer plan”, as defined under Regulation 8500(1) of the Income Tax Act (Canada) to which the Canadian Subsidiary Guarantor is required to contribute but which is not maintained or administered by the Canadian Subsidiary Guarantor. “Canadian Pension Event” means (a) the whole or partial withdrawal of the Canadian Subsidiarity Guarantor (if it is a Loan Party at such time) or another Loan Party from a Defined Benefit Plan; or (b) the filing of a notice of intent to terminate in whole or in part a Defined Benefit Plan or the treatment of a Defined Benefit Plan amendment as a termination or partial termination; or (c) the institution of proceedings by any Governmental Authority to terminate in whole or in part or have a trustee appointed to administer a Defined Benefit Plan; or (d) any other event or condition which might constitute grounds for the termination of, winding up or partial termination of winding up or the appointment of trustee to administer, any Defined Benefit Plan. “Canadian Pension Plan” means any plan, program or arrangement that is a “registered pension plan” as defined under subsection 248(1) of the Income Tax Act (Canada) that is required to be registered under any applicable Canadian federal or provincial pension legislation, whether or not registered under any such laws, which is, or has been, maintained or contributed to by, or to which there is or may be an
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled good or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures, including, without limitation, the United Nations Act (Canada), Special Economic Measures Act (Canada), the Justice for Victims of Corrupt Foreign Officials Act (Xxxxxx Xxxxxxxxx Law) (Canada), the Freezing Assets of Corrupt Foreign Officials Act (Canada), Part II.1 of the Criminal Code (Canada), the Export and Import Permits Act (Canada), the Defence Production Act (Canada), and the Foreign Extraterritorial Measures Act (Canada). “Canadian Guarantee” means the Canadian guarantee, dated as of the Closing Date, executed in favor of the Administrative Agent and the other Secured Parties by each of the Canadian Loan Parties. “Canadian Loan Party” means each Loan Party that is organized under the laws of Canada or any province or territory thereof. “Canadian Multi-Employer Plan” means a “multi-employer plan” or similar plan under applicable federal or provincial pension standards legislation in Canada that is maintained, sponsored or contributed to by a Loan Party for its Canadian employees or former employees or under which a Loan Party has any liability, but excluding any Canadian Pension Plan. “Canadian Pension Event” means the occurrence of any of the following: (a) the board of directors of any Loan Party passes a resolution to terminate, wind up or withdraw from in whole or in part any
Canadian Economic Sanctions and Export Control Laws means any Canadian laws, regulations or orders governing transactions in controlled goods or technologies or dealings with countries, entities, organizations, or individuals subject to economic sanctions and similar measures. “Canadian Guaranteed Obligation” has the meaning assigned to such term in Section 11.01. “Canadian Guarantor” means each Restricted Subsidiary of the Canadian Borrower that is listed on the signature pages hereto as a Canadian Guarantor or that becomes a party hereto as a Canadian Guarantor pursuant to Section 5.14, in each case, until such Subsidiary’s Canadian Guaranty is released in accordance herewith. “Canadian Guaranty” means Article XI of this Agreement. “Canadian Loan Parties” means, individually and collectively as the context may require, the Canadian Borrower and the Canadian Guarantors. “Canadian MEPP” means any plan that is a multi-employer pension plan as defined under the applicable federal or provincial pension standards legislation in Canada. 6 11584747