Examples of AML Legislation in a sentence
Such information will solely be used for the purpose of compliance with AML Legislation.
In order to fulfill its obligation under applicable Anti Money Laundering laws and regulations (“AML Legislation”) IBM and its affiliates, and their contractors and subprocessors, may store and otherwise process personal information, for example names, addresses, date of birth and identification information, of the persons who are authorized to act on behalf of the Customer and of Customer's beneficial owners according to the definition of the AML Legislation.
The Agent shall have received, at least 5 Banking Days prior to the Closing Date or such shorter period as the Agent may agree, all documentation and other information about the Obligors as shall have been reasonably requested in writing by the Agent at least 10 Banking Days prior to the Closing Date and as is mutually agreed to be required by U.S. and Canadian regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including AML Legislation.
This notice is given in accordance with the requirements of the AML Legislation and the Beneficial Ownership Regulation and is effective for each Financing Party and the other Lenders.
The Funding Recipient agrees that any bona fide action taken, or disclosure made, by GCC pursuant to such AML Legislation will not constitute a breach of this Agreement or any other duty owed to the Funding Recipient.