Common use of Anti-Money Laundering Program Clause in Contracts

Anti-Money Laundering Program. The Trust acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "Monitoring Procedures") as well as written procedures for verifying a customer's identity (the "Customer Identification Procedures"), together referred to as the "Procedures," and the Trust has determined that the Procedures, as part of the Trust's overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust hereby instructs and directs USBFS to implement the Procedures on the Trust's behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's anti-money laundering responsibilities. USBFS agrees to provide to the Trust:

Anti-Money Laundering Program. The Trust acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust has determined that the Procedures, as part of the Trust's ’s overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust hereby instructs and directs USBFS to implement the Procedures on the Trust's ’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's ’s anti-money laundering responsibilities. USBFS agrees to provide to the Trust:

Anti-Money Laundering Program. The Trust Company acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust Company has determined that the Procedures, as part of the Trust's Company’s overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Company hereby instructs and directs USBFS to implement the Procedures on the Trust's Company’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Company’s anti-money laundering responsibilities. USBFS agrees to provide to the TrustCompany:

Anti-Money Laundering Program. The Trust Fund acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust Fund has determined that the Procedures, as part of the Trust's Fund’s overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Fund hereby instructs and directs USBFS to implement the Procedures on the Trust's Fund’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Fund’s anti-money laundering responsibilities. USBFS agrees to provide to the TrustFund:

Anti-Money Laundering Program. The Trust acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust has determined that the Procedures, as part of the Trust's ’s overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust hereby instructs and directs USBFS and USBFS hereby agrees to implement the Procedures on the Trust's ’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's ’s anti-money laundering responsibilities. USBFS agrees to provide to the Trust:

Anti-Money Laundering Program. The Trust Fund acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "Monitoring Procedures") as well as written procedures for verifying a customer's identity (the "Customer Identification Procedures"), together referred to as the "Procedures," and the Trust Fund has determined that the Procedures, as part of the TrustFund's overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Fund hereby instructs and directs USBFS to implement the Procedures on the TrustFund's behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the TrustFund's anti-money laundering responsibilities. USBFS agrees to provide to the TrustFund:

Anti-Money Laundering Program. The Trust Company acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust Company has determined that the Procedures, as part of the Trust's Company’s overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Company hereby instructs and directs USBFS and USBFS hereby agrees to implement the Procedures on the Trust's Company’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Company’s anti-money laundering responsibilities. USBFS agrees to provide to the TrustCompany:

Anti-Money Laundering Program. The Trust Adviser acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "Monitoring Procedures") as well as written procedures for verifying a customer's identity (the "Customer Identification Procedures"), together referred to as the "Procedures," and the Trust Adviser has determined that the Procedures, as part of the Trust's Funds' overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Adviser hereby instructs and directs USBFS to implement the Procedures on the Trust's Funds' behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Funds' anti-money laundering responsibilities. USBFS agrees to provide to the TrustFunds:

Anti-Money Laundering Program. The Trust Corporation acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust Corporation has determined that the Procedures, as part of the Trust's Corporation’s overall anti-money laundering program, are reasonably designed to prevent the each Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision provisions of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Corporation hereby instructs and directs USBFS to implement the Procedures on the Trust's Corporation’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Corporation’s anti-money laundering responsibilities. USBFS agrees to provide to the TrustCorporation:

Anti-Money Laundering Program. The Trust Corporation acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "Monitoring Procedures") as well as written procedures for verifying a customer's identity (the "Customer Identification Procedures"), together referred to as the "Procedures," and the Trust Corporation has determined that the Procedures, as part of the TrustCorporation's overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Corporation hereby instructs and directs USBFS to implement the Procedures on the TrustCorporation's behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the TrustCorporation's anti-money laundering responsibilities. USBFS agrees to provide to the TrustCorporation:

Anti-Money Laundering Program. The Trust Corporation acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust Corporation has determined that the Procedures, as part of the Trust's Corporation’s overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Corporation hereby instructs and directs USBFS to implement the Procedures on the Trust's Corporation’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Corporation’s anti-money laundering responsibilities. USBFS agrees to provide to the TrustCorporation:

Anti-Money Laundering Program. The Trust Company acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "Monitoring Procedures") as well as written procedures for verifying a customer's identity (the "Customer Identification Procedures"), together referred to as the "Procedures," and the Trust Company has determined that the Procedures, as part of the TrustCompany's overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Company hereby instructs and directs USBFS to implement the Procedures on the TrustCompany's behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the TrustCompany's anti-money laundering responsibilities. USBFS agrees to provide to the TrustCompany:

Anti-Money Laundering Program. The Trust acknowledges that it USBFS has had an opportunity to review, consider developed and comment upon the implements written procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "Monitoring Procedures") as well as written procedures a program for verifying a customer's ’s identity (collectively, the "Customer Identification “Procedures"”), together referred to as . The Procedures have been established and implemented in accordance with the "Procedures," USA PATRIOT Act and the Trust rules and regulations thereunder. Further, the Company has reviewed and considered the Procedures and determined that the Procedures, as part of the Trust's Company’s overall anti-money laundering program, are reasonably designed to prevent the Fund Funds from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision provisions of the Bank Secrecy USA PATRIOT Act and the implementing regulations thereunder. Based on this determination, the Trust Company hereby instructs and directs USBFS to implement the Procedures on the Trust's Company’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Company’s anti-money laundering responsibilities. USBFS agrees to provide to the TrustCompany:

Anti-Money Laundering Program. The Trust Corporation acknowledges that it has had an opportunity to review, consider and comment upon the procedures provided by USBFS describing various tools designed to promote the detection and reporting of potential money laundering activity by monitoring certain aspects of shareholder activity (the "“Monitoring Procedures"”) as well as written procedures for verifying a customer's ’s identity (the "“Customer Identification Procedures"”), together referred to as the "“Procedures," ” and the Trust has Corporation have determined that the Procedures, as part of the Trust's Corporation’s overall anti-money laundering program, are reasonably designed to prevent the Fund from being used for money laundering or the financing of terrorist activities and to achieve compliance with the applicable provision of the Bank Secrecy Act and the implementing regulations thereunder. Based on this determination, the Trust Corporation hereby instructs instruct and directs direct USBFS to implement the Procedures on the Trust's Corporation’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust's Corporation’s anti-money laundering responsibilities. USBFS agrees to provide to the TrustCorporation: