Common use of Export and Sanctions Laws Clause in Contracts

Export and Sanctions Laws. The Partners Entities and each of their respective Subsidiaries has been in material compliance with all applicable Export and Sanctions Laws. To the Knowledge of the Partners Entities, none of the Partners Entities nor any of their Subsidiaries nor any Person controlling any of the Partners Entities is designated on any Denied Party Lists or has engaged in any transaction with or for the benefit of any Person that is designated on any Denied Party Lists or that is subject to any Law prohibitions including Laws relating to any export sanction or export restriction.

Appears in 2 contracts

Sources: Merger Agreement (Crude Carriers Corp.), Merger Agreement (Capital Product Partners L.P.)