Common use of Anti-Money Laundering Compliance Clause in Contracts

Anti-Money Laundering Compliance. Each Party acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer shall cooperate with Distributor to satisfy AML due diligence policies of the Company and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor or the Company to ensure compliance with AML Laws. Dealer also shall provide for screening its own new and existing customers against the Office of Foreign Assets Control list and any other government list that is or becomes required under the AML Acts.

Appears in 43 contracts

Samples: Advisors Series Trust (Advisors Series Trust), Service Fee Agreement (Advisor Managed Portfolios), Service Fee Agreement (Advisor Managed Portfolios)

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Anti-Money Laundering Compliance. Each Party acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer Intermediary shall cooperate with Distributor to satisfy AML due diligence policies of the Company and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor or the Company to ensure compliance with AML Laws. Dealer Intermediary also shall provide for screening its own new and existing customers against the Office of Foreign Assets Control list and any other government list that is or becomes required under the AML Acts.

Appears in 42 contracts

Samples: Advisors Series Trust (Advisors Series Trust), Service Fee Agreement (Advisor Managed Portfolios), Service Fee Agreement (Advisor Managed Portfolios)

Anti-Money Laundering Compliance. Each Party party to this agreement acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA NASD Conduct Rule 33103011, in all relevant respects. Dealer shall You agree to cooperate with Distributor us to satisfy AML due diligence policies of the Company Fund and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor us or the Company Fund to ensure compliance with AML Laws. Dealer You also shall agree to provide for screening its your own new and existing customers against the Office of Foreign Assets Asset Control list and any other government list that is or becomes required under the AML Acts.

Appears in 10 contracts

Samples: Dealer Agreement (Little Harbor MultiStrategy Composite Fund), Dealer Agreement (Ramius Archview Credit & Distressed Feeder Fund), Dealer Agreement (Ramius Archview Credit & Distressed Fund)

Anti-Money Laundering Compliance. Each Party party to this agreement acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer shall You agree to cooperate with Distributor us to satisfy AML due diligence policies of the Company Fund and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor us or the Company Fund to ensure compliance with AML Laws. Dealer You also shall agree to provide for screening its your own new and existing customers against the Office of Foreign Assets Control list and any other government list that is or becomes required under the AML Acts.

Appears in 3 contracts

Samples: Foreside Financial Services (Primark Private Equity Fund), Dealer Agreement (BMO LGM Frontier Markets Equity Fund), Dealer Agreement (AlphaCentric Prime Meridian Income Fund)

Anti-Money Laundering Compliance. Each Party party to this agreement acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer shall You agree to cooperate with Distributor us to satisfy AML due diligence policies of the Company Fund and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor us or the Company Fund to ensure compliance with AML Laws. Dealer You also shall agree to provide for screening its your own new and existing customers against the Office of Foreign Assets Asset Control list and any other government list that is or becomes required under the AML Acts.

Appears in 2 contracts

Samples: Dealer Agreement (Cliffwater Corporate Lending Fund), Dealer Agreement (Cross Shore Discovery Fund)

Anti-Money Laundering Compliance. Each Party party to this agreement acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA NASD Conduct Rule 33103011, in all relevant respects. Dealer shall You agree to cooperate with Distributor us to satisfy AML due diligence policies of the Company each Fund and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor us or the Company a Fund to ensure compliance with AML Laws. Dealer You also shall agree to provide for screening its your own new and existing customers against the Office of Foreign Assets Asset Control list and any other government list that is or becomes required under the AML Acts.

Appears in 2 contracts

Samples: Distribution Agreement (Ironwood Multi-Strategy Fund LLC), Distribution Agreement (Ironwood Institutional Multi-Strategy Fund LLC)

Anti-Money Laundering Compliance. Each Party acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML ActsAMLActs”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer shall cooperate with Distributor to satisfy AML due diligence policies of the Company and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor or the Company to ensure compliance with AML Laws. Dealer also shall provide for screening its own new and existing customers against the Office of Foreign Assets Control list and any other government list that is or becomes required under the AML Acts.

Appears in 1 contract

Samples: Agreement (Direxion Funds)

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Anti-Money Laundering Compliance. Each Party acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer Intermediary shall cooperate with Distributor to satisfy AML due diligence policies of the Company Fund and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor or the Company Fund to ensure compliance with AML Laws. Dealer Intermediary also shall provide for screening its own new and existing customers against the Office of Foreign Assets Control list and any other government list that is or becomes required under the AML Acts.

Appears in 1 contract

Samples: Selling Group Member Agreement (Monachil Credit Income Fund)

Anti-Money Laundering Compliance. Each Party acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer shall cooperate with Distributor to satisfy AML due diligence policies of the Company and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor or the Company to ensure compliance with AML Laws. Dealer also shall provide for screening its own new and existing customers against the Office of Foreign Assets Control list and any other government list that is or becomes required under the AML Acts.. C-3 4856-8762-6516.2

Appears in 1 contract

Samples: Distribution Agreement (Reynolds Funds Inc)

Anti-Money Laundering Compliance. Each Party party to this agreement acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer shall You agree to cooperate with Distributor us to satisfy our AML due diligence policies of the Company and Distributorpolicies, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor or the Company us to ensure compliance with AML Laws. Dealer You also shall agree to provide for screening its your own new and existing customers against the Office of Foreign Assets Asset Control list and any other government list that is or becomes required under the AML Acts.

Appears in 1 contract

Samples: Selling Agreement (Thrivent Church Loan & Income Fund)

Anti-Money Laundering Compliance. Each Party acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each Party represents and warrants that it is in compliance with and will continue to comply with the AML Acts and applicable rules thereunder (“AML Laws”), including FINRA Rule 3310, in all relevant respects. Dealer shall cooperate with Distributor to satisfy AML due diligence policies of the Company Fund and Distributor, which may include annual compliance certifications and periodic due diligence reviews and/or other requests deemed necessary or appropriate by Distributor or the Company Fund to ensure compliance with AML Laws. Dealer also shall provide for screening its own new and existing customers against the Office of Foreign Assets Control list and any other government list that is or becomes required under the AML Acts.

Appears in 1 contract

Samples: Dealer Agreement (Meketa Infrastructure Fund)

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