Common use of Compliance with Applicable Anti-Terrorism and Anti-Money Laundering Regulations Clause in Contracts

Compliance with Applicable Anti-Terrorism and Anti-Money Laundering Regulations. In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering (collectively, “Applicable Regulations”), the Facility Agent or the Operating Bank is required to obtain, verify and record certain information relating to individuals and entities which maintain a business relationship with the Facility Agent or the Operating Bank. Accordingly, each of the parties agrees to provide to each of the Facility Agent and the Operating Bank upon its request from time to time such identifying information and documentation as may be available for such party in order to enable the Facility Agent or the Operating Bank to comply with such Applicable Regulations

Appears in 4 contracts

Samples: Intercreditor Agreement (Aircastle LTD), Intercreditor Agreement (Aircastle LTD), Intercreditor Agreement (Aircastle LTD)

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Compliance with Applicable Anti-Terrorism and Anti-Money Laundering Regulations. In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering (collectively, “Applicable Regulations”), each of the Facility Agent or Security Trustee and the Operating Bank is required to obtain, verify verify, record and record update certain information relating to individuals and entities which maintain with whom it maintains a business relationship with the Facility Agent or the Operating Bankrelationship. Accordingly, each of the parties agrees to provide to each of the Facility Agent Security Trustee and the Operating Bank upon its request from time to time such identifying information and documentation as may be available for such party in order to enable each of the Facility Agent or Security Trustee and the Operating Bank to comply with such Applicable Regulations.

Appears in 2 contracts

Samples: Security Trust Agreement (Willis Lease Finance Corp), Security Trust Agreement (Willis Lease Finance Corp)

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