Common use of Canadian Anti-Money Laundering Legislation Clause in Contracts

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor or any authorized signatories of any Canadian Obligor for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws and “know your client” policies, regulations, laws or rules (such Act and such other anti-terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lender, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

Appears in 5 contracts

Samples: Credit Agreement (Herc Holdings Inc), Credit Agreement (United Rentals North America Inc), Credit Agreement (United Rentals North America Inc)

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Canadian Anti-Money Laundering Legislation. If the Administrative Agent has ascertained the identity of any Canadian Obligor Credit Party or any authorized signatories of any Canadian Obligor Credit Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) PCMLTFA and other applicable antiAnti-terrorism Terrorism Laws and “know your client” policies, regulations, laws policies or rules (such Act Requirements of Law and such other antiAnti-terrorism LawsTerrorism Laws applicable in Canada, as well as all applicable policies, regulations, laws “know your client” policies or rulesRequirements of Law, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Administrative Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Administrative Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Obligors Credit Parties or any authorized signatories of the Canadian Obligors Credit Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Credit Party or any such authorized signatory in doing so.

Appears in 4 contracts

Samples: Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.)

Canadian Anti-Money Laundering Legislation. If the Administrative Agent has ascertained the identity of any Canadian Obligor Credit Party or any authorized signatories of any Canadian Obligor Credit Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) PCMLTFA and other applicable antiAnti-terrorism Terrorism Laws and "know your client” policies, regulations, laws " policies or rules (such Act Requirements of Law and such other antiAnti-terrorism LawsTerrorism Laws applicable in Canada, as well as all applicable policies, regulations, laws "know your client" policies or rulesRequirements of Law, collectively, including any guidelines or orders thereunder, "AML Legislation"), then the Administrative Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a "written agreement" in such regard between each Lender and the Administrative Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Obligors Credit Parties or any authorized signatories of the Canadian Obligors Credit Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Credit Party or any such authorized signatory in doing so.

Appears in 4 contracts

Samples: Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.), Restatement Agreement (SunOpta Inc.)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor or any authorized signatories of any Canadian Obligor for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable antiAnti-terrorism Terrorism Laws and “know your client” policies, regulations, laws or rules (such the Proceeds of Crime Act and such other antiAnti-terrorism Terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Agent, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

Appears in 3 contracts

Samples: Amendment No. 1 (Milacron Holdings Corp.), Amendment No. 2 (Milacron Holdings Corp.), Amendment Agreement (Milacron Holdings Corp.)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws money laundering, anti-terrorist financing, economic or trade sanctions and “know your client” policies, regulations, laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) Agent shall be deemed to have done so as an agent for each Canadian Revolving Lender and Tranche C Lender, and this Agreement shall constitute a “written agreement” in such regard between each Canadian Revolving Lender and Tranche C Lender, on the Agent one hand, and the Agent, on the other hand, within the meaning of the applicable AML Legislation; and (b) and shall provide to each Lender, Canadian Revolving Lender and Tranche C Lender copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender of the Canadian Revolving Lenders and Tranche C Lenders agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Canadian Revolving Lender or Tranche C Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Loan Party or any such authorized signatory in doing so.

Appears in 2 contracts

Samples: Credit Agreement (ATD Corp), Credit Agreement (ATD Corp)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws money laundering, anti-terrorist financing, economic or trade sanctions and “know your client” policies, regulations, laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) Agent shall be deemed to have done so as an agent for each Lender Canadian Lender, and this Agreement shall constitute a “written agreement” in such regard between each Canadian Lender and the Agent within the meaning of the applicable AML Legislation; and (b) and shall provide to each Lender, Canadian Lender copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender of the Canadian Lenders agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Canadian Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Loan Party or any such authorized signatory in doing so.

Appears in 2 contracts

Samples: Credit Agreement (ATD Corp), Credit Agreement (American Tire Distributors Holdings, Inc.)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor or any authorized signatories of any Canadian Obligor for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws laws and “know your client” policies, regulations, laws or rules applicable in Canada (such the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and such other anti-terrorism Lawslaws, applicable policies, regulations, laws or rulesrules in Canada, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender Xxxxxx agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

Appears in 2 contracts

Samples: Loan Agreement (Guess Inc), Loan Agreement (Guess Inc)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor or any authorized signatories of any Canadian Obligor for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws laws and “know your client” policies, regulations, laws or rules applicable in Canada (such the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and such other anti-terrorism Lawslaws, applicable policies, regulations, laws or rulesrules in Canada, collectively, including any guidelines or orders thereunder, "AML Legislation"), then the Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

Appears in 2 contracts

Samples: Loan, Guaranty and Security Agreement (Guess Inc), Loan, Guaranty and Security Agreement (Guess Inc)

Canadian Anti-Money Laundering Legislation. If the Administrative Agent has ascertained the identity of any Canadian Obligor Credit Party or any authorized signatories of any Canadian Obligor Credit Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) PCMLTFA and other applicable antiAnti-terrorism Terrorism Laws and "know your client” policies, regulations, laws " policies or rules (such Act Requirements of Law and such other antiAnti-terrorism LawsTerrorism Laws applicable in Canada, as well as all applicable policies, regulations, laws "know your client" policies or rulesRequirements of Law, collectively, including any guidelines or orders thereunder, "AML Legislation"), then the Administrative Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a "written agreement" in such regard between each Lender and the Administrative Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender Xxxxxx agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Obligors Credit Parties or any authorized signatories of the Canadian Obligors Credit Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Credit Party or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (SunOpta Inc.)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any the Canadian Obligor Borrower or any authorized signatories of any the Canadian Obligor Borrower for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws money laundering, anti-terrorist financing, economic or trade sanctions and “know your client” policies, regulations, laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) Agent shall be deemed to have done so as an agent for each Lender Canadian Lender, and this Agreement shall constitute a “written agreement” in such regard between each Canadian Lender and the Agent within the meaning of the applicable AML Legislation; and (b) and shall provide to each Lender, Canadian Lender copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender of the Canadian Lenders agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors Borrower or any authorized signatories of the Canadian Obligors Borrower on behalf of any Canadian Lender, or to confirm the completeness or accuracy of any information it obtains from any the Canadian Obligor Borrower or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (Ann Inc.)

Canadian Anti-Money Laundering Legislation. If the Administrative Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws and “know your client” policies, regulations, laws Laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Laws, applicable policies, regulations, laws Laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Administrative Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Administrative Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Administrative Agent, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Loan Parties or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (Signet Jewelers LTD)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor or any authorized signatories of any Canadian Obligor for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws and “know your client” policies, regulations, laws or rules (such Act and such other anti-terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: : (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of the applicable AML Legislation; and and (b) shall provide to each Lender, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender Xxxxxx agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (United Rentals North America Inc)

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Canadian Anti-Money Laundering Legislation. If the Administrative Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws and “know your client” policies, regulations, laws Laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Laws, applicable policies, regulations, laws Laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Administrative Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Administrative Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Administrative Agent, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender Xxxxxx agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Loan Parties or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (Signet Jewelers LTD)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws money laundering, anti-terrorist financing, economic or trade sanctions and “know your client” policies, regulations, laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) Agent shall be deemed to have done so as an agent for each Lender Canadian Revolving Lender, and this Agreement shall constitute a “written agreement” in such regard between each Canadian Revolving Lender and the Agent within the meaning of the applicable AML Legislation; and (b) and shall provide to each Lender, Canadian Revolving Lender copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender of the Canadian Revolving Lenders agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Canadian Revolving Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Loan Party or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (American Tire Distributors Holdings, Inc.)

Canadian Anti-Money Laundering Legislation. If the Administrative Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws and “know your client” policies, regulations, laws Laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Lawslaws, applicable policies, regulations, laws Laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Administrative Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Administrative Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Loan Parties or any such authorized signatory in doing so.. [signatures begin on the following page]

Appears in 1 contract

Samples: Credit Agreement (MIDDLEBY Corp)

Canadian Anti-Money Laundering Legislation. If the any Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Applicable Laws and “know your client” policies, regulations, laws or rules (such the Proceeds of Crime Act (Canada) and such other anti-terrorism Applicable Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the such Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the such Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lendersuch Agent, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Agent has Agents have no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains they obtain from any Canadian Obligor Loan Party or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (Ryerson Holding Corp)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor or any authorized signatories of any Canadian Obligor for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws laws and “know your client” policies, regulations, laws or rules applicable in Canada (such the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and such other anti-terrorism Lawslaws, applicable policies, regulations, laws or rulesrules in Canada, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)

Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Obligor or any authorized signatories of any Canadian Obligor for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws and “know your client” policies, regulations, laws or rules (such Act and such other anti-terrorism Laws, applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lender, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender Xxxxxx agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (Herc Holdings Inc)

Canadian Anti-Money Laundering Legislation. If the Administrative Agent has ascertained the identity of any Canadian Obligor Loan Party or any authorized signatories of any Canadian Obligor Loan Party for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-terrorism Laws and “know your client” policies, regulations, laws Laws or rules (such the Proceeds of Crime Act and such other anti-terrorism Lawslaws, applicable policies, regulations, laws Laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), then the Administrative Agent: (a) shall be deemed to have done so as an agent for each Lender and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Administrative Agent within the meaning of the applicable AML Legislation; and (b) shall provide to each Lenderthe Lenders, copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Obligors Loan Parties or any authorized signatories of the Canadian Obligors Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor Loan Parties or any such authorized signatory in doing so.

Appears in 1 contract

Samples: Credit Agreement (Middleby Corp)

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