Common use of Export Control and Sanctions Clause in Contracts

Export Control and Sanctions. The Foundation is committed to full compliance with U.S. laws and regulations that restrict transactions and govern international activities. The U.S. Government has promulgated trade and economic sanctions that restrict trade, investment, and financial transactions with certain countries, organizations, and individuals, including those administered by the Department of Treasury’s Office of Foreign Assets Control (“OFAC”). Recipient shall comply in all respects with all applicable provisions of federal, state, local law and the laws of any applicable foreign jurisdiction related to export controls and economic sanctions including the Export Administration Regulations (“EAR”) maintained by the Bureau of Industry and Security (“BIS”) at the U.S. Department of Commerce and OFAC’s trade and economic sanctions. Specifically, Recipient warrants that it will not use the grant without written authorization from the Foundation or in violation of U.S. law to support any project: (1) located in any destination prohibited by the laws or regulations of the United States or other relevant country, including but not limited to Cuba, Iran, North Korea, Syria, or the Crimea Region of the Ukraine (“restricted country”); or (2) involving an entity or person prohibited by the laws or regulations of the United States or other relevant country, including but not limited to anyone on, or anyone owned or controlled by, any of the restricted Party lists maintained by the U.S. Government, including the Specially Designated Nationals List administered by OFAC (“restricted person”). Additionally, Recipient warrants that it is not a restricted person as defined above.