Common use of Compliance with the Patriot Act Clause in Contracts

Compliance with the 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 Trustee and the Master Servicer is required to obtain, verify and record certain information relating to individuals and entities which maintain a business relationship with the Trustee or the Master Servicer, as applicable. Accordingly, each of the parties to this Agreement agrees to provide to the Trustee and the Master Servicer, upon its respective request from time to time such identifying information and documentation as may be available for such party in order to enable the Trustee and the Master Servicer to comply with Applicable Laws. [End of Article VIII]

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (JPMBB Commercial Mortgage Securities Trust 2014-C21), Pooling and Servicing Agreement (JPMBB Commercial Mortgage Securities Trust 2014-C21), Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2014-C20)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.