Sanction definition

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Sanction means any penalty imposed upon an offender who is convicted of or pleads guilty to an offense, as punishment for the offense. "Sanction" includes any sanction imposed pursuant to any provision of sections 2929.14 to 2929.18 or 2929.24 to 2929.28 of the Revised Code.

Sanction means any of the individual sanctions (listed 1 to 8 in Clause 24) that we may apply in accordance with Clause 24 or pursuant to any other term of this Contract;

Examples of Sanction in a sentence

The SSO shall have the right to refuse the allocation of a Storage Service and/or not to agree to its provision until the KYC process has been completed, or in the event of its completion with a negative result (e.g. if the Applicant is on a Sanction List, does not have required licenses or does not provide sufficient information to verify its controlling persons).
Motorola requires periodic Information security training, privacy training, and business ethics training for all employees and contract resources Sanction Policy.
In addition, the Offeree Remuneration Committee will determine the satisfaction of the relevant performance conditions on or shortly before the Court Sanction Hearing (the expectation being that such performance conditions will be determined to be satisfied in full).
Without prejudice to its other rights under this clause, in order to ensure compliance with applicable Sanction Laws, the Buyer and Supplier may, require payment in Euro.
Pursuant to the terms of the Cooperation Agreement, Bidco has undertaken that it will deliver a notice in writing to H&T no later than 11.59 p.m. on the Business Day prior to the Court Sanction Hearing confirming either: (i) the satisfaction or waiver of all Conditions (other than Condition 2.3); or (ii) if permitted by the Panel, that it intends to invoke a Condition.

Sanction means a penalty or other mechanism used by the Board to provide incentives for compliance with the Board's procedural rules, Board orders or hearing officer orders. (See also Subpart H of this Part.)

Sanction means a penalty or other punitive action or remedy imposed by the Commission on an insurance carrier, representative, employee, employer, or health care provider for an act or omission in violation of the AWCA or a rule, judgment, order, or decision of the Commission.

Sanction or “Sanctions”: Individually and collectively, respectively, any and all economic or financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes and anti-terrorism laws including but not limited to those imposed, administered or enforced from time to time by: (a) the United States of America, including those administered by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the U.S. Department of State, the U.S. Department of Commerce, or through any existing or future executive order; (b) the United Nations Security Council; (c) the European Union; (d) the United Kingdom; or (e) any other Governmental Authorities with jurisdiction over the Borrower, the Collateral Manager, the Equityholder, the Seller or any of their respective Subsidiaries.

Sanction means an action against providers taken by the Authority in cases of fraud, misuse, or abuse of Division requirements.

Sanction or “Sanctions” means individually and collectively, respectively, any and all economic or financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes and anti-terrorism laws, including but not limited to those imposed, administered or enforced from time to time by: (a) the United States of America, including those administered by the OFAC, the U.S. State Department, the U.S. Department of Commerce, or through any existing or future Executive Order, (b) the United Nations Security Council, (c) the European Union, (d) the United Kingdom, or (e) any other governmental authorities with jurisdiction over any Credit Party or its Affiliates.

Sanction means deterrent action imposed by the department to address a program violation finding.