principals

23:25 Apr 4, 2018 

What answer did you end up with? I see you are often closing your answers in this way. If you consistently do this, you will find less and less people willing to help you. Even if you don't use it in total, the site expects you to credit the answer that was "the most useful".

19:53 Apr 3, 2018 

What is the translation you "found elsewhere"?

21:25 Apr 2, 2018 

but involving suppliers instead of "buyers" of services [i.e. tenants]

This company should check with OFAC if potential suppliers are not on the OFAC "forbidden list", or are not being controlled by [in practical terms: acting on behalf of] someone else who is on the OFAC list.

23:40 Mar 30, 2018 

Hi everyone and thank you for helping ! There are two other sentences mentioning that term: "Property Manager will assist Owner to conduct OFAC searches on all prospective vendors and the principals thereof prior to entering into negotiations regarding a proposed service contract and will retain a record of such search in the Property records." and "In no event will Property Manager enter into a service contract relating to the Property or propose a service contract to Owner if the vendor or any of its principals appear on the OFAC list"

20:02 Mar 29, 2018 

there is already a pretty good clue, just waiting to be picked up.

19:51 Mar 29, 2018 

some kind of sponsors or guarantors
We definitely need info from the Asker here

19:46 Mar 29, 2018 

branches of a large company

these are "principals" of / in relation to prospective tenants - nothing to do with the difference between existing and prospective tenants - anyway checking the "acceptability" https://ofac.finra.org/ once you have already let a tenant in would be rather pointless...

16:15 Mar 29, 2018 

"The principals" suggests that the tenants may be a company's employees, and therefore "the principals" are presumably their employers. Does that make sense asker? Please let us know