AML/KYC Sample Clauses

AML/KYC. Administrative Agent and the Initial Lender shall have received at least three (3) business days prior to the Closing Date information regarding the Borrower with respect to “know your customer” laws and policies and AML Laws, including the Patriot Act, beneficial ownership and other similar information, as each shall reasonably request.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
AML/KYC. The Administrative Agent shall have received, not less than three Business Days prior to the FinTech Acquisition Closing Date, all requested information in connection with OFAC, know your customer and anti-money laundering reviews of FinTech and FinTech Holdco, to the extent such information was reasonably requested not less than ten Business Days prior to the FinTech Acquisition Closing Date.
Sample 1Sample 2Sample 3
AML/KYC. Upon the integration of the PeerStream Apps into the Platform, the parties agree to cooperate in good faith to facilitate and carry out any such anti money laundering, know your client, and Office of Foreign Asset Control (OFAC) checks and verifications of Users that are reasonably required in order to comply with applicable laws and regulations (“Verifications”).
Sample 1Sample 2
AML/KYC. Each Agent shall have received, not less than three Business Days prior to the Closing Date, all requested information in connection with OFAC, know your customer and anti-money laundering reviews of each Credit Party, to the extent such information was reasonably requested not less than ten Business Days prior to the Closing Date.
Sample 1Sample 2
AML/KYC. The Administrative Agent shall have received, to the extent not previously provided, all documentation and other information for the Loan Parties required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, as has been reasonably requested in writing by the Administrative Agent at least five Business Days prior to the First Refinancing Amendment Effective Date, including, to the extent any borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”, a certificate regarding beneficial ownership as required by the Beneficial Ownership Regulation.
Sample 1
AML/KYC. The Lender shall have successfully completed its anti-money laundering and know-your-customer refresh checks and any other applicable or related investigation and shall have accepted to continue to have the Borrower as a customer;
Sample 1
AML/KYC. KSS-WAVES is committed to implementing and maintaining the highest standards of Know Your Customer (KYC) and Anti Money Laundering (AML) compliance and requires management and employees to adhere to these standards to prevent abuse of KSS-WAVES Services for money laundering and terrorist financing purposes. KSS-WAVES retains the right to reject your payment for KSS in case you fail to meet the AML/KYC requirements or successfully pass other verification and screening procedures, implemented on the Platform. In pursuing its commitment to assist in the detection, prevention, and reporting of money laundering activities, KSS-WAVES shall: (i) implement a risk-based approach to assessing and implementing AML and KYC procedures.
Sample 1
AutoNDA by SimpleDocs
AML/KYC. 5.1. The Seller strictly follows anti-money laundering (AML) and “know your customer” (KYC) policies and procedures. If, at any time, the Seller determines that it must or should comply with applicable law, regulations or guidance for money services businesses operating in Estonia, the United States or any other jurisdiction, the Seller may be required to file details of account activity to the appropriate government institutions from time to time. The Seller may also be required to provide information as required by law to other state or federal agencies in the United States and other jurisdictions including but not limited to reporting suspicious transactions of equivalent of USD $ 2,000 or more to the appropriate government institutions, and maintaining records regarding transactions of equivalent of USD $ 3,000 or more (the “Recordkeeping Requirements”).
Sample 1
AML/KYC. To comply with the laws on the prevention of money laundering and terrorist financing, we are required to collect, keep, and analyse the information and documents that identify you, contact details, history of transactions, verification data, including from third-party sources (e.g., consumer reporting agencies, public databases, commercial registries, and sanction lists), and other types of information prescribed by law. We will ensure the confidentiality of the collected information and will not use the data from your AML/KYC profile for any other purposes. For more information on the AML/KYC procedure and types of information collected for this purpose, please refer to our AML/KYC Policy.
Sample 1

Related to AML/KYC

  • Know Your Customer Information The Administrative Agent shall have received at least three Business Days prior to the Closing Date all documentation and other information about the Borrower as has been reasonably requested by the Administrative Agent at least 10 Business Days prior to the Closing Date that is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the USA PATRIOT Act.

  • Foreign Asset/Account Reporting Information Italian residents who, at any time during the fiscal year, hold foreign financial assets (including cash and Shares) which may generate income taxable in Italy are required to report these assets on their annual tax returns (UNICO Form, RW Schedule) for the year during which the assets are held, or on a special form if no tax return is due. These reporting obligations will also apply to Italian residents who are the beneficial owners of foreign financial assets under Italian money laundering provisions.

  • Foreign Asset/Account Reporting Notification The Participant is required to declare any foreign bank accounts and foreign financial assets (including Shares held outside India) in the Participant’s annual tax return. It is the Participant’s responsibility to comply with this reporting obligation and the Participant should consult with his or her personal tax advisor in this regard. INDONESIA

  • Know Your Customer The Administrative Agent shall have received, at least three (3) Business Days prior to the Closing Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the Patriot Act, in each case as requested at least ten (10) Business Days prior to the Closing Date.

  • No Reliance on Administrative Agent’s Customer Identification Program Each Lender acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely on the Administrative Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with any of the Loan Parties, their Affiliates or their agents, the Loan Documents or the transactions hereunder or contemplated hereby: (i) any identity verification procedures, (ii) any recordkeeping, (iii) comparisons with government lists, (iv) customer notices or (v) other procedures required under the CIP Regulations or such other Laws.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!