Common use of Compliance with Patriot Act Clause in Contracts

Compliance with Patriot Act. 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 (“Applicable Laws”), each of the parties hereto may be required to obtain, verify and record certain information relating to individuals and entities which maintain a business relationship with such party. Accordingly, each of the parties to this Agreement agrees to provide to any other party to this Agreement, upon request from time to time, such identifying information and documentation as may be available in order to enable the requesting party to comply with Applicable Laws.