The Partner represents and warrants that, to the best of its knowledge, NEITHER Partner nor any third party who is acting on behalf of the Partner nor the party that Partner is performing the Transaction on its behalf:
(i)
Is a Restricted Party (as defined below); or
(ii)
Engages in any transaction or conduct that would reasonably be expected to result it in becoming a Restricted Party; or
(iii)
Has engaged or is engaging in any transaction(s) that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Sanctions; or
(iv)
Directly or indirectly, has conducted or is conducting any business dealings or activities with or for the benefit of any Restricted Party; or
(v)
Is or ever has been in violation of or subject to an investigation relating to sanctions or anti-money laundering.
In there:
Restricted Party means: an individual/entity/organization that is (i) listed, or owned or controlled by the individual/entity/organization on the list of sanctions by the United Nations Security Council, Sanctions Committee of the United Nations Security Council, on the list of organizations and individuals involved in terrorism and terrorist financing announced by the Vietnamese Ministry of Public Security; or (ii) otherwise a target of sanction.
The Partner confirms and undertakes that no payments to be made by or on behalf of the Partner will:
(i)
Result in a payment, directly or indirectly, to (a) the Restricted Party; (b) any legal entity owned by 50% or more, directly or indirectly, by the Restricted Party; or (c) any other individual who is prohibited from trading by the United Nations Security Council, the Sanctions Committee of the United Nations Security Council by Sanctions or other applicable laws, or organizations and individuals announced by the Ministry of Public Security of Vietnam; and/or
(ii)
Be directly or indirectly used for money laundering, or for money laundering purposes.