Define: Designated Person
What does "Designated Person" mean? The meaning differs based on the contract. We found 2 definitions across 1 company in SEC filings.
Definition 1 (AMERICAN TOWER CORP /MA/, seen in 1 filing)
Designated Person means a person or entity (a) listed in the annex to, or otherwise subject to the provisions of, any Executive Order (as defined in the definition of Sanctions Laws and Regulations), (b) named as a Specifically Designated National and Blocked Person on the most current list published by the U.S. Department of the Treasury Office of Foreign Assets Control at its official website or any replacement website or other replacement official publication of such list (the SDN List), (c) any Person listed in any Sanctions-related list of designated Persons maintained by the United Nations Security Council, the European Union, the United Kingdom or any EU member state, (d) any Person operating, organized or resident in a Sanctioned Country or (e) in which an entity or person on the SDN List (or any combination of such entities or persons) has 50% or greater direct or indirect ownership interest or that is otherwise controlled, directly or indirectly, by an.
Source: AMERICAN TOWER CORP /MA/ 10-K
Definition 2 (AMERICAN TOWER CORP /MA/, seen in 1 filing)
Designated Person means any Person listed on any sanctions list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty's Treasury of the United Kingdom, or other relevant sanctions authority.
Source: AMERICAN TOWER CORP /MA/ 10-K
Data extracted from 2 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.