Permitted Jurisdictions
The investor represents and warrants that their country of residence, incorporation, or principal place of business is not currently subject to sanctions or otherwise designated on any list of prohibited or restricted parties, including but not limited to the lists maintained by the United States Department of Treasury's Office of Foreign Assets Control (OFAC), the United Nations Security Council, the European Union, or any other applicable governmental authority. The investor agrees to promptly notify Fig Finance if their jurisdiction becomes subject to such sanctions or is added to any such list during the course of their investment."
This statement does the following:
Requires the investor to confirm that their jurisdiction is not currently on the OFAC sanctioned list or any other similar lists maintained by international authorities.
Specifies that the jurisdiction refers to the investor's country of residence, incorporation, or principal place of business.
Obliges the investor to inform Fig if their jurisdiction becomes subject to sanctions or is added to any prohibited or restricted parties lists during the period of their investment.
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