Spanish translation: aprobar nominaciones o cancelar la transacción
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:
passing nominations or washing out the transaction
English to Spanish translations [PRO] Law/Patents / US trade sanctions - interpretation
English term or phrase:nomination
Once XXX becomes aware that there is some involvement by North Korea in the transaction, further actions in support of the transaction (including ****passing nominations or washing out the transaction****) are prohibited as soon as we learn of that connection. (See the section on Destination Control Clauses regarding how to protect XXXX in this situation.)
It's corporate handbook about US Trade Sanctions that instructs employees how to do business with certain counterparties.
I would like to know what the statement between *** means.