Compliance


Compliance Clause

- As a condition to obtaining Services under the Agreement, User represents and warrants that it (including the company on whose behalf it is using this Platform) is not:

- (a) ordinarily resident, located, organized, established or domiciled in Cuba, Iran, North Korea, Syria, or the Crimea region (including Sevastopol);

- (b) designated on any list of restricted parties maintained by the United Nations Security Council, the U.S. Government (including the Specially Designated Nationals list, Foreign Sanctions Evaders list and the Sectoral Sanctions Identification list maintained by the U.S. Department of Treasury's Office of Foreign Assets Control (“OFAC”), or the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”)’s Entity List, Denied Persons List, or Unverified List);

- (c) any agency, instrumentality or otherwise a part of the government of any of the following countries/territories: Venezuela, Cuba, Iran, North Korea, Syria, or the Crimea region (including Sevastopol);

- (d) owned (at 50% or greater level) or controlled, directly or indirectly, by, or acting on behalf of, any individual, entity or the government that is described under (a) through (c) of this section; and

- (e) using, and will not use, @NILE platform to sell any products originating from, or to procure products that are ultimately destined for, Cuba, Iran, North Korea, Syria or the Crimea region (including Sevastopol).

- User represents and warrants that, in using Services under the Agreement, it will comply with all applicable export control, import, and sanctions laws and regulations, including the Export Administration Regulations (“EAR”) administered by BIS, and laws, regulations and executive orders administered by OFAC.