Common use of Corporate Transparency Act Clause in Contracts

Corporate Transparency Act. Each Partner shall promptly, but within not more than five (5) days: (a) Provide to the General Partners any information that the General Partners deem necessary or advisable to obtain from such Partner in order for the Partnership to comply with the CTA, including: (i) Such Partner’s, or with respect to a Partner that is an Entity, each of such Entity’s Indirect Owners’, true and correct CTA Information or the true and correct FinCEN Identifier assigned to them by XxxXXX; and (ii) Such information or documents as may be necessary in order for the Partnership to determine whether such Partner or any of such Partner’s Indirect Owners or controllers are Beneficial Owners of the Partnership (collectively, “Beneficial Ownership Information”). (b) Notify the General Partners of any change or inaccuracy in or to any of such Partner’s, or in the case of a Partner that is an Entity, any of such Entity’s Indirect Owners’, CTA Information most recently provided to the Partnership, including: (i) A change in such Partner’s or Indirect Owner’s legal name, date of birth or residential street address; (ii) A change in the name, date of birth, address or unique identifying number on such Partner’s or Indirect Owner’s Acceptable Identification Document; or (iii) In the case of a Partner that is an Entity, as may result from a change in the direct or indirect ownership or control of such Entity. (c) Notify the General Partners of any amendment, modification, supplement or other change in or to any Beneficial Ownership Information previously provided by such Partner to the Partnership.