GL-Y
ExpiredAuthorizing the Wind Down of Transactions Involving Smart Global Limited
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Summary
General License Y authorizes all transactions ordinarily incident and necessary to the wind down of any transaction involving Smart Global Limited, or any entity in which Smart Global Limited owns, directly or indirectly, a 50 percent or greater interest. The authorization applies to transactions otherwise prohibited by the Global Terrorism Sanctions Regulations (31 CFR part 594) and Executive Order 13876. It is valid through 12:01 a.m. eastern daylight time, August 9, 2026, with the condition that payments to blocked persons must be made into a blocked account in accordance with the GTSR.
Authorized activities
- Wind down of any transaction involving Smart Global Limited
- Wind down of any transaction involving any entity in which Smart Global Limited owns, directly or indirectly, a 50 percent or greater interest
Conditions
Payments to a blocked person must be made into a blocked account in accordance with the GTSR. The license does not authorize transactions involving any person blocked pursuant to the GTSR or E.O. 13876 other than the blocked persons described in paragraph (a), unless separately authorized.