Policy Statement Analysis: The given policy statement includes an "or" condition for matching prefixes in "List-1" or "List-2".
Action on Match: The action specified for matches is "reject".
Import Policy Behavior: When applied as an import policy, any BGP route that matches either "List-1" or "List-2" will be rejected and not allowed into the BGP table.
References:
Nokia Border Gateway Protocol Fundamentals
Nokia 7750 SR OS BGP Configuration Guide
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