Certain Information Concerning Purchaser and Parent Sample Clauses

Certain Information Concerning Purchaser and Parent. Purchaser is a Delaware corporation and, to date, has engaged in no activities other than those incident to its formation and the Offer and the Merger. Purchaser is a wholly owned subsidiary of Parent. The principal executive offices of Purchaser are located at c/o Information Holdings Inc., 2777 Summer Street, Stamford, XX 00000 xxx Xxxxxxxxx'x xxxxxxxxx xumber is 203-961-9106. Set forth in Sxxxxxxx X xxreto are the name, business address and present principal occupation or employment, and material occupations, positions, offices or employments for the past five years of each director and executive officer of Purchaser. Parent is a Delaware corporation and is a leading provider of information products and services to professional end-users in intellectual property, scientific and technical information and information technology learning markets. The principal executive offices of Parent are located at 2777 Summer Street, Stamford, XX 00000 xxx Xxxxxx'x xxxxxxxxx xxxxer is 203-961-9106. Except fox xxx Xxxxxx which may be deemed to be beneficially owned by Parent and Purchaser pursuant to the Stockholders Agreement (as defined below), none of Parent or Purchaser nor, to Parent's and Purchaser's knowledge, the persons listed in Schedule A hereto (except as indicated in such Schedule) or any majority-owned subsidiary of Parent or Purchaser, beneficially owns or has a right to acquire any securities of the Company or has any contract, arrangement, understanding or relationship with any other person with respect to any securities of the Company, including, but not limited to, any contract, arrangement, understanding or relationship concerning the transfer or the voting of any securities of the Company, joint venture, loan or option arrangements, puts or calls, guarantees of loans, guarantees against loss, or the giving or withholding of proxies, or has effected any transaction in the securities of the Company during the past 60 days. Except as set forth in this Offer to Purchase, since November 13, 1999, neither Parent or Purchaser nor, to Parent's and Purchaser's knowledge, the persons listed on Schedule A hereto, has had any business transactions (i) with the Company or any of its affiliates that are not natural persons where the aggregate value of the transactions is more than one percent of the Company's consolidated revenues for the fiscal year when the transaction occurred; or the past portion of the current fiscal year, if the transaction occurred in the...
AutoNDA by SimpleDocs
Certain Information Concerning Purchaser and Parent. Background of the Offer; Contacts with the Company...
Certain Information Concerning Purchaser and Parent. The principal executive offices of Parent are located at 0-00, Xxxxxx-xxxxx 0-xxxxx, Xxxx-xx, Xxxxx 000-0000, Xxxxx. Established in 1928, Parent is a leading manufacturer of photocopiers, printers, and other image information products; conventional cameras, digital cameras, and other optical products; radiometric instruments; and planetariums. Parent's manufacturing network includes facilities and subsidiaries in Japan, the United States, France, Malaysia, China, and Brazil. Its products are marketed throughout the world via an extensive network of subsidiaries, affiliates, and distributors. Purchaser was incorporated in June, 1999 under the laws of the State of Delaware for the purpose of acquiring an equity interest in the Company. Purchaser is a wholly-owned subsidiary of Parent. Purchaser has not, and is not expected to, engage in any business other than in connection with its organization, the Offer, the Merger, the related financing and other transactions related to the Company. The name, business address, citizenship, present principal occupation and employment history of each of the directors and executive officers of Parent and Purchaser are set forth in Schedule I of this Offer to Purchase. Parent is not subject to the information and reporting requirements of the Exchange Act, and, accordingly, does not file reports or other information with the Commission relating to its business, financial condition and other matters. Except as set forth elsewhere in this Offer to Purchase: (i) none of the Acquirors nor, to the best knowledge of the Acquirors, any of the persons listed in Schedule I hereto or any associate or majority-owned subsidiary of Parent or any of the persons so listed, beneficially owns or has a right to acquire any Shares or any other equity securities of the Company; (ii) none of the Acquirors nor, to the knowledge of the Acquirors, any of the persons or entities referred to in clause (i) above or any of their executive officers, directors or subsidiaries has effected any transaction in the Shares or any other equity securities of the Company during the past 60 days; (iii) none of the Acquirors nor, to the knowledge of the Acquirors, any of the persons listed in Schedule I hereto, has any contract, arrangement, understanding or relationship with any other person with respect to any securities of the Company, including, but not limited to, the transfer or voting thereof, joint ventures, loan or option arrangements, puts or calls, guar...
Certain Information Concerning Purchaser and Parent. Purchaser is a Delaware corporation and, to date, has engaged in no activities other than those incident to its formation and the Offer and the Merger. Purchaser is currently an indirect wholly-owned subsidiary of Parent. The principal executive offices of Purchaser are located at 1000 Xxxxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxx, Xxxxx 00000 xxx Purchaser's telephone number is 713-000-0000. Parent is a corporation (sociedad anonima de capital variable) organized under the laws of the United Mexican States. It is a holding company with one of the leading retail brand portfolios in Mexico and an expanding presence in e-commerce. Parent owns and operates 305 stores in major cities across Mexico, including Sanborns, Sanborns Cafe, Sears Roebxxx xx Mexico, Pasteleria el Globo, Mix-up and Discolandia. Parent also produces food and manufactures household/personal care items sold throughout Mexico and has over 30,000 employees. Parent's e-commerce initiatives include a shopping portal for Sanborns products. The principal executive offices of Parent are located at Avenxxx Xxx Xxxxxxxx 000, Colonia Pena Xxxre Tlalpan, Mexico, D.F, 14060 and Parent's telephone number is 011-000-000-0000. Carso, a corporation organized under the laws of the United Mexican States, owns approximately 79 percent of the outstanding voting equity securities of Parent, and may be deemed to control Parent. The remainder of Parent's equity securities are publicly held and listed on the Mexican Stock Exchange. Carso is a holding company with interests in the tobacco, mining, metallurgical and paper industries, in the operation of restaurants and department stores (through Parent) and in the production of copper, copper alloys, copper cable and aluminum wires. The principal executive offices of Carso are located at Insurgentes Sur 1500, Xxxxxxx Xxxx Xxxxx Xxxxxxx, Mexico, D.F., 14060 and Carso's telephone number is 011-000-000-0000. Xx. Carlxx Xxxx Xxxx, Xx. Xxxxxx Xxxx Xxxxx, Xx. Marcx Xxxxxxx Xxxx Xxxxx, Mr. Xxxxxxx Xxxx Xxxxx, Xx. Marix Xxxxxxx Xxxx Xxxxx, Xx. Xxxxxxx Xxxxx Xxxx Domit and Ms. Johaxxx Xxxixxx Xxxm Domit (collectively, the "SLIM FAMILY"), through a Mexican corporation and a Mexican trust, beneficially own approximately 61 percent of the outstanding voting equity securities of Carso and may be deemed to control Carso and thus to be ultimately in control of Parent and Purchaser.
Certain Information Concerning Purchaser and Parent. PURCHASER. Purchaser, a newly incorporated Delaware corporation, has not conducted any business other than in connection with the Offer and the Merger Agreement. All of the issued and outstanding shares of capital stock of Purchaser are held by Parent. The principal address of Purchaser is c/o Heico Holding, Inc., 0000 Xxxxx Xxxxx Xxxxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx 00000. The telephone number is (000) 000-0000. PARENT. Parent, a Delaware corporation, is a privately owned holding company headquartered in Chicago, Illinois. Activities include construction equipment and services, heavy machinery, materials handling, and other interests. The principal executive offices of Parent are located at 0000 Xxxxx Xxxxx Xxxxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx 00000. The telephone number is (000) 000-0000. Because the consideration offered consists solely of cash, the Offer is not subject to any financing condition, and the offer is for all of the outstanding Shares, Purchaser believes the financial condition of Parent, Purchaser and their affiliates is not material to a decision by a holder of Shares whether to sell, tender or hold Shares pursuant to the Offer. The name, business address, citizenship, present principal occupation and employment history for the past five years of each of the directors and executive officers of Purchaser and Parent are set forth in Schedule I to this Offer to Purchase. During the last five years, none of Purchaser or Parent, or, to the best of their knowledge, any of the persons listed in Schedule I to this Offer to Purchase (i) has been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) was a party to any judicial or administrative proceeding that resulted in a judgment, decree or final order enjoining the person from future violations of, or prohibiting activities subject to, federal or state securities laws, or a finding of any violation of federal or state securities laws. Except as described in this Offer to Purchase (i) none of Purchaser or Parent, or, to the best of their knowledge, any of the persons listed in Schedule I to this Offer to Purchase, or any associate or majority-owned subsidiary of Parent, Purchaser or the Company, beneficially owns or has any right to acquire, directly or indirectly, any equity securities of the Company and (ii) none of Purchaser or Parent, or to the best of their knowledge, any of the persons or entities referred to above has effected any transaction in such...
Certain Information Concerning Purchaser and Parent. Purchaser is a Delaware corporation and, to date, has engaged in no activities other than those incident to its formation and the Offer and the Merger. Purchaser is currently a direct wholly owned subsidiary of Parent. The principal executive offices of Purchaser are located at Xxx Xxxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxxxxxx 00000 and Purchaser's telephone number is (860) 728- 7000. Parent is a Delaware corporation. Parent and its consolidated subsidiaries conduct their business within four principal operating segments. The operating units of Parent and its consolidated subsidiaries are grouped based upon the operating segment in which they participate. The units participating in each operating segment and their respective principal products are as follows: . Otis offers a wide range of elevators, escalators, moving walks and shuttle systems and related installation, maintenance and repair services; and modernization products and services for elevators and escalators. . Carrier provides heating, ventilating and air conditioning (HVAC) equipment for commercial, industrial and residential buildings; HVAC replacement parts and services; building controls; commercial, industrial and transport refrigeration equipment; and aftermarket service and components.
Certain Information Concerning Purchaser and Parent. Purchaser is a Delaware corporation incorporated on August 15, 2011, with principal executive offices at 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, XX 00000. The telephone number of our principal executive offices is (000) 000-0000. To date, we have engaged in no activities other than those incidental to our formation, entry into the Merger Agreement and commencement of the Offer. Purchaser is a wholly-owned subsidiary of Parent. Parent is a Delaware corporation with principal executive offices at 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, XX 00000. The telephone number of our principal executive offices is (000) 000-0000. Parent, through it subsidiaries, is a source of information for financial professionals and businesses, combining technology with analytics, data, news, and display and distribution capabilities, to deliver information via the BLOOMBERG PROFESSIONAL service, data products and certain internet-based products. Parent is also the owner of Bloomberg News, which conducts newsgathering operations out of 146 bureaus in 72 countries around the world, providing breaking news and analysis to professionals and consumers on a daily basis. Parent and its subsidiaries also own and operate media properties spanning television, radio, digital properties and print publications. These media properties include Bloomberg Markets, a financial magazine with a circulation of more than 355,000, Bloomberg BusinessWeek, a weekly magazine with more than 4.6 million readers in 140 countries, Bloomberg Television, which is available in more than 250 million homes worldwide, and Bloomberg Radio, which is syndicated to more than 200 affiliates. Furthermore, Parent’s digital media properties, Xxxxxxxxx.xxx and XxxxxxxxXxxx.xxx reach more than 20 million individuals each month and its Mobile application has been downloaded more than six million times. Together, Parent’s news and multimedia businesses employ more than 2,300 professionals around the world. In total, Parent (either directly or through its subsidiaries) employs more than 13,000 people in 185 locations around the world. The name, business address, current principal occupation or employment, five-year employment history and citizenship of each director and executive officer of Parent and Xxxxxxxxx and certain other information are set forth on Schedule I and Schedule II hereto, respectively. 23 Table of Contents Except as set forth below: (a) none of Parent, Purchaser and, to Parent’s and Purchaser’s knowledge, the persons listed ...
AutoNDA by SimpleDocs
Certain Information Concerning Purchaser and Parent. Purchaser, a newly incorporated Minnesota corporation and a wholly-owned indirect subsidiary of Parent, was organized to acquire the Company and has not carried on any activities to date other than in connection with the Offer and the Merger Agreement. The principal executive office of Purchaser is located c/o Barnes & Xxxxx, Inc., 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, and the telephone number at such office is (000) 000-0000. Parent, the nation's largest bookseller,* as of January 29, 2000, operated 942 bookstores and 526 video game and entertainment software stores. Of the 942 bookstores, 542 operate under the Xxxxxx & Xxxxx Booksellers, Bookstop and Bookstar trade names, and 400 operate under the X. Xxxxxx Bookseller, Doubleday Book Shops and Xxxxxxxx'x Bookstore trade names. Through its 40% membership interest in xxxxxxxxxxxxxx.xxx llc, Parent is the second largest seller of books on the Internet and is the exclusive bookseller on America Online. Parent, through its recent acquisition of Babbage's Etc. LLC ("Babbage's"), operates 526 video game and entertainment software stores under the Babbage's, Software Etc. and GameStop trade names, and a Web site, xxx.xxxxxxxx.xxx. The principal executive office of Parent is located at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, and the telephone number at such office is (000) 000-0000. The name, present principal occupation or employment, five-year employment history and citizenship of each of the directors and executive officers of Purchaser and Parent as well as the name, principal business and address of the corporation or other organization in which such present occupation or employment is carried on are set forth in Schedule I hereto. Parent is subject to the information and reporting requirements of the Exchange Act and in accordance therewith is obligated to file certain periodic reports, proxy statements and other information with the SEC relating to its business, financial condition and other matters. Information as of particular dates concerning Parent's directors and officers, their compensation, stock options granted to them, the principal holders of Parent's securities and any material interest of such persons in transactions with Parent is required to be disclosed in such proxy statements and distributed to Xxxxxx's shareholders and filed with the SEC. These reports, proxy statements and other information are available for inspection at the public reference facilities of the SEC located in Ju...
Certain Information Concerning Purchaser and Parent. Purchaser. Our name is Bengal Acquisition Inc. We are a Delaware corporation incorporated on June 18, 2008 and a wholly-owned direct subsidiary of Parent. We were formed solely for the purpose of facilitating Parent’s acquisition of Barrier. To date, we have not carried on any activities other than those incidental to our formation and as otherwise contemplated by the Merger Agreement. Upon consummation of the proposed Merger, we will merge with and into Barrier and will cease to exist, with Baxxxxx xontinuing as the surviving corporation. Our principal executive offices are located at c/x Xxxxxxx Laboratories, Inc., 000 Xxxxxxxx Xxxxxx, Xxxxx Xxxxxx, Xxxxxxx 00000. Parent. Xxxxxxx Laboratories, Inc., which we refer to as Parent, is a privately held Delaware corporation, which was originally incorporated in New York in 1944. Parent is the world’s largest independent pharmaceutical 15 Table of Contents company specializing in dermatology. Parent develops, manufactures and markets a variety of prescription and non-prescription dermatological products. Parent’s principal executive offices are located at 000 Xxxxxxxx Xxxxxx, Xxxxx Xxxxxx, Xxxxxxx 00000.

Related to Certain Information Concerning Purchaser and Parent

  • Information Concerning the Company i. The undersigned has reviewed a copy of the Form C. With respect to information provided by the Company, the undersigned has relied solely on the information contained in the Form C to make the decision to purchase the Shares. ii. The undersigned understands and accepts that the purchase of the Shares involves various risks, including the risks outlined in the Form C and in this Subscription Agreement. The undersigned represents that it is able to bear any and all loss associated with an investment in the Shares. iii. The undersigned confirms that it is not relying and will not rely on any communication (written or oral) of the Company, Wefunder, or any of their respective affiliates, as investment advice or as a recommendation to purchase the Shares. The undersigned understands that information and explanations related to the terms and conditions of the Shares provided in the Form C or otherwise by the Company, Wefunder or any of their respective affiliates shall not be considered investment advice or a recommendation to purchase the Shares, and that neither the Company, Wefunder nor any of their respective affiliates is acting or has acted as an advisor to the undersigned in deciding to invest in the Shares. The undersigned acknowledges that neither the Company, Wefunder nor any of their respective affiliates have made any representation regarding the proper characterization of the Shares for purposes of determining the undersigned's authority or suitability to invest in the Shares. iv. The undersigned is familiar with the business and financial condition and operations of the Company, all as generally described in the Form C. The undersigned has had access to such information concerning the Company and the Shares as it deems necessary to enable it to make an informed investment decision concerning the purchase of the Shares. v. The undersigned understands that, unless the undersigned notifies the Company in writing to the contrary at or before the Closing, each of the undersigned's representations and warranties contained in this Subscription Agreement will be deemed to have been reaffirmed and confirmed as of the Closing, taking into account all information received by the undersigned. vi. The undersigned acknowledges that the Company has the right in its sole and absolute discretion to abandon this offering at any time prior to the completion of the offering. This Subscription Agreement shall thereafter have no force or effect and the Company shall return any previously paid subscription price of the Shares, without interest thereon, to the undersigned. vii. The undersigned understands that no federal or state agency has passed upon the merits or risks of an investment in the Shares or made any finding or determination concerning the fairness or advisability of this investment. viii. The Undersigned has up to 48 hours before the campaign end date to cancel the purchase and get a full refund.

  • Information Concerning Company The Reports contain all material information relating to the Company and its operations and financial condition as of their respective dates which information is required to be disclosed therein. Since the date of the financial statements included in the Reports, and except as modified in the Other Written Information or in the Schedules hereto, there has been no material adverse change in the Company's business, financial condition or affairs not disclosed in the Reports. The Reports do not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances when made.

  • Information Concerning the Fund and SubAdviser From time to time as the Adviser or the Fund may request, the SubAdviser will furnish the requesting party information and reports on portfolio transactions and reports on Fund assets held in the portfolio, all in such detail, form and frequency as the Adviser or the Fund may reasonably request. The SubAdviser will also provide the Adviser with notice and analysis of events that may affect or relate to the valuation of the Fund’s portfolio.

  • Information Concerning Subadviser Assets and Subadviser From time to time as the Adviser or the Trust reasonably may request in good faith, the Subadviser will furnish the requesting party reports on portfolio transactions and reports on the Subadviser Assets, all in such reasonable detail as the parties may reasonably agree in good faith. The Subadviser will also inform the Adviser in a timely manner of material changes in portfolio managers responsible for Subadviser Assets, any changes in the ownership or management of the Subadviser, or of material changes in the control of the Subadviser. Upon the Trust’s or the Adviser’s reasonable request, the Subadviser will make available its officers and employees to meet with the Trust’s Board of Trustees to review the Subadviser Assets via telephone on a quarterly basis and on a less frequent basis as agreed upon by the parties in person. Subject to the other provisions of this Agreement, the Subadviser will also provide such information or perform such additional acts with respect to the Subadviser Assets as are reasonably required for the Trust or the Adviser to comply with their respective obligations under applicable laws, including without limitation, the Code, the 1940 Act, the Advisers Act, and the Securities Act, and any rule or regulation thereunder.

  • Certain Information The Company agrees to provide Holder at any time and from time to time with such information as Holder may reasonably request for purposes of Holder’s compliance with regulatory, accounting and reporting requirements applicable to Holder.

  • Agreement to Provide Shareholder Information 1. Each Intermediary agrees to provide the Fund, upon written request, the following shareholder information with respect to Covered Transactions involving the Funds: a. The taxpayer identification number (“TIN”) or any other government issued identifier, if known, that would provide acceptable assurances of the identity of each shareholder that has purchased, redeemed, transferred or exchanged shares of a Fund through an account directly maintained by the Intermediaries during the period covered by the request; b. The amount and dates of, and the Variable Product(s) associated with, such shareholder purchases, redemptions, transfers and exchanges; and c. Any other data mutually agreed upon in writing. 2. Under this Agreement the term “Covered Transactions” are those transactions which the Intermediaries consider when determining whether trading activity is excessive as described in their Excessive Trading Policy. 3. Requests to provide shareholder information shall set forth the specific period for which transaction information is sought. However, unless otherwise agreed to by the Intermediaries, any such request will not cover a period of more than 90 consecutive calendar days from the date of the request. 4. Each Intermediary agrees to provide the requested shareholder information promptly upon receipt of the request, but in no event later than 15 business days after receipt of such request, provided that such information resides in its books and records. If shareholder information is not on the Intermediary’s books and records, the Intermediary agrees to use reasonable efforts to obtain and transmit or have transmitted the requested information from the holder of the account.

  • Field Audits and Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and Information By becoming a party to this Agreement, each Lender: (a) is deemed to have requested that Agent furnish such Lender, promptly after it becomes available, a copy of each field audit or examination report (each a "Report" and collectively, "Reports") prepared by Agent, and Agent shall so furnish each Lender with such Reports, (b) expressly agrees and acknowledges that Agent does not (i) make any representation or warranty as to the accuracy of any Report, and (ii) shall not be liable for any information contained in any Report, (c) expressly agrees and acknowledges that the Reports are not comprehensive audits or examinations, that Agent or other party performing any audit or examination will inspect only specific information regarding Borrowers and will rely significantly upon the Books, as well as on representations of Borrowers' personnel, (d) agrees to keep all Reports and other material, non-public information regarding Borrowers and their Subsidiaries and their operations, assets, and existing and contemplated business plans in a confidential manner; it being understood and agreed by Borrowers that in any event such Lender may make disclosures (a) to counsel for and other advisors, accountants, and auditors to such Lender, (b) reasonably required by any bona fide potential or actual Assignee or Participant in connection with any contemplated or actual assignment or transfer by such Lender of an interest herein or any participation interest in such Lender's rights hereunder, (c) of information that has become public by disclosures made by Persons other than such Lender, its Affiliates, assignees, transferees, or Participants, or (d) as required or requested by any court, governmental or administrative agency, pursuant to any subpoena or other legal process, or by any law, statute, regulation, or court order; provided, however, that, unless prohibited by applicable law, statute, regulation, or court order, such Lender shall notify Administrative Borrower of any request by any court, governmental or administrative agency, or pursuant to any subpoena or other legal process for disclosure of any such non-public material information concurrent with, or where practicable, prior to the disclosure thereof, and (e) without limiting the generality of any other indemnification provision contained in this Agreement, agrees: (i) to hold Agent and any such other Lender preparing a Report harmless from any action the indemnifying Lender may take or conclusion the indemnifying Lender may reach or draw from any Report in connection with any loans or other credit accommodations that the indemnifying Lender has made or may make to Borrowers, or the indemnifying Lender's participation in, or the indemnifying Lender's purchase of, a loan or loans of Borrowers; and (ii) to pay and protect, and indemnify, defend and hold Agent, and any such other Lender preparing a Report harmless from and against, the claims, actions, proceedings, damages, costs, expenses, and other amounts (including, attorneys fees and costs) incurred by Agent and any such other Lender preparing a Report as the direct or indirect result of any third parties who might obtain all or part of any Report through the indemnifying Lender. In addition to the foregoing: (x) any Lender may from time to time request of Agent in writing that Agent provide to such Lender a copy of any report or document provided by Borrowers to Agent that has not been contemporaneously provided by Borrowers to such Lender, and, upon receipt of such request, Agent shall provide a copy of same to such Lender, (y) to the extent that Agent is entitled, under any provision of the Loan Documents, to request additional reports or information from Borrowers, any Lender may, from time to time, reasonably request Agent to exercise such right as specified in such Lender's notice to Agent, whereupon Agent promptly shall request of Administrative Borrower the additional reports or information reasonably specified by such Lender, and, upon receipt thereof from Administrative Borrower, Agent promptly shall provide a copy of same to such Lender, and (z) any time that Agent renders to Administrative Borrower a statement regarding the Loan Account, Agent shall send a copy of such statement to each Lender.

  • Securities Law Information The Participant acknowledges that he or she is permitted to sell the Shares acquired under the Plan through the designated broker appointed by the Company, provided the sale of the Shares takes place outside of Canada through facilities of a stock exchange on which the Shares are listed (i.e., the NYSE).

  • Information Concerning Deposits at Bank (a) Under U.S. federal law, deposit accounts that the Customer maintains in Bank's foreign branches (outside of the U.S.) are not insured by the Federal Deposit Insurance Corporation. In the event of Bank's liquidation, foreign branch deposits have a lesser preference than U.S. deposits, and such foreign deposits are subject to cross-border risks. (b) Bank's London Branch is a participant in the UK Financial Services Compensation Scheme (the "FSCS"), and the following terms apply to the extent any amount standing to the credit of the Cash Account is deposited in one or more deposit accounts at Bank's London Branch. The terms of the FSCS offer protection in connection with deposits to certain types of claimants to whom Bank's London Branch provides services in the event that they suffer a financial loss as a direct consequence of Bank's London Branch being unable to meet any of its obligations and, subject to the FSCS rules regarding eligible deposits, the Customer may have a right to claim compensation from the FSCS. Subject to the FSCS rules, the maximum compensation payable by the FSCS, as at the date of this Agreement, in relation to eligible deposits is £85,000. (c) In the event that Bank incurs a loss attributable to Country Risk with respect to any cash balance it maintains on deposit at a Subcustodian or other correspondent bank in regard to its global custody or trust businesses in the country where the Subcustodian or other correspondent bank is located, Bank may set such loss off against Customer's Cash Account to the extent that such loss is directly attributable to Customer's investments in that market.

  • KYC Information (i) Upon the reasonable request of the Lender made at least 1 day prior to the Closing Date, the Borrower shall have provided to the Lender the documentation and other information so requested in connection with applicable “know your customer” and anti-money-laundering rules and regulations, including the PATRIOT Act, in each case at least five days prior to the Closing Date. (ii) [reserved].

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