Specially Designated National and Blocked Persons

Example Definitions of "Specially Designated National and Blocked Persons"
Specially Designated National and Blocked Persons. Means those Persons that have been designated by executive order or by the sanction regulations of OFAC as Persons with whom U.S. Persons may not transact business or must limit their interactions to types approved by OFAC.
Found in Lennar Corp. contract
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