Jurisdiction(s):
United Kingdom

Sanctions compliance clauses for commercial contracts: long-form warranties, due diligence, suspension/termination, indemnity; short-form performance and affiliates/ownership options

Published by a LexisNexis Commercial expert

Precedents

1 Sanctions (long form)

For clause 1, the following terms are to be interpreted as set out below:

Losses means all damages, liabilities, demands, costs and expenses [including all legal and other professional fees, costs and expenses], claims, actions and proceedings [(including all consequential, direct, indirect, special or incidental loss or punitive damages or loss, fines, penalties, interest and loss of profit or any other form of economic loss (including loss of reputation))];
Sanctioned Activity means any activity that falls within sanctions imposed by a Sanctioning Body;
Sanctioning Body means the United Kingdom, United States of America, United Nations, European Union and any other applicable local, national or multinational government agency, department, official, parliament, public or statutory person or any government or professional body, regulatory or supervisory authority, board or other body responsible for imposing and/or administering sanctions;
Sanctioned Entity means any person or entity that is, or that is owned or controlled directly or indirectly by a person or entity that is, the subject of sanctions imposed by, or on a designated sanctions list published by, a Sanctioning Body, and in this clause 1, the words ‘owned or controlled’

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Web page updated on 22/05/2026

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