Know Your Customer Checks. (a) If: (i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement; (ii) any change in the status of an Obligor after the date of this Agreement; or (iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii), any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii), on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii), any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, (b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents. (c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 4 contracts
Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)
Know Your Customer Checks. (a) 20.12.1 If:
(ia) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(iib) any change in the status of an Obligor or the composition of the shareholders of an Obligor after the date of this Agreement; or
(iiic) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Senior Agent or any Lender (or, in the case of Section 5.07(a)(iii)paragraph (c) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Senior Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Senior Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)paragraph (c) above, on behalf of any prospective new Lender) in order for the Administrative Senior Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)paragraph (c) above, any prospective new Lender to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations in relation to any relevant person pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) 20.12.2 Each Lender shall promptly upon the request of the Administrative Senior Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Senior Agent (for itself) in order for the Administrative Senior Agent to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations on Lenders or prospective new Lenders pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 2 contracts
Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan and Revolving Facilities Agreement (Atlatsa Resources Corp)
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender Holder of any of its rights and obligations under this Agreement to a party that is not a Lender Holder prior to such assignment or transfer, obliges the Administrative Agent or any Lender Holders (or, in the case of Section 5.07(a)(iii9.1(a)(iii), any prospective new LenderHolder) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower Company shall promptly upon the request of the Note Administrative Agent or any Lender Holder supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Note Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii9.1(a)(iii), on behalf of any prospective new LenderHolder) in order for the Note Administrative Agent, such Lender Holder or, in the case of the event described in Section 5.07(a)(iii9.1(a)(iii), any prospective new Lender Holder to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws Applicable Laws and regulations pursuant to the transactions contemplated in the Loan Financing Documents,
(b) Each Lender The Company shall promptly upon the request of the Note Administrative Agent or any Holder supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Note Administrative Agent (for itselfon behalf of itself or any Holder) or any Holder in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws Applicable Laws and regulations pursuant to the transactions contemplated in the Loan Financing Documents, provided that the Borrower Company shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 2 contracts
Samples: Note Purchase Agreement (Atlas Corp.), Note Purchase Agreement (Atlas Corp.)
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii), any prospective new Lender) to comply with “"know your customer” " or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii), on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii), any prospective new Lender to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents,
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order and necessary for the Administrative Agent or such Lender to refresh and be satisfied it has complied comply with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 2 contracts
Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an any Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, ; obliges the Administrative Facility Agent or any Lender (or, in the case of Section 5.07(a)(iiiclause (a)(iii), any prospective new Lender) to comply with “"know your customer” " or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Facility Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Facility Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iiiclause (a)(iii), on behalf of any prospective new Lender) in order for the Administrative Agent, Facility Agent or such Lender or, in the case of the event described in Section 5.07(a)(iiiclause (a)(iii), any prospective new Lender to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents,this Agreement.
(b) Each To the extent permitted by the applicable law of the relevant Lender, each Lender shall promptly upon the request of the Administrative Facility Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Facility Agent (for itself) in order for the Administrative Facility Agent to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documentsthis Agreement.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 2 contracts
Samples: Loan Agreement (Bema Gold Corp /Can/), Loan Agreement (Bema Gold Corp /Can/)
Know Your Customer Checks. (a) If:
If (i) the introduction of of, or any change in (or in the interpretation, administration or application of) ), any law or regulation made after the date of this Agreement;
Original Effective Date, (ii) any change in the status of an Obligor or the composition of the shareholders of an Obligor after the date of this Agreement; or
Original Effective Date or (iii) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)clause (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, any prospective new Lender Lender, to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations regulations, including the USA PATRIOT Act, pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower Parent shall, by not less than 10 Business Days’ prior written notice to the Administrative Agent, notify the Administrative Agent (which shall promptly notify the Lenders) of its intention to request that one of its Subsidiaries becomes an Additional Guarantor pursuant to the Guarantee Agreement.
(d) Following the giving of any notice pursuant to paragraph (c) above, if the accession of such Additional Guarantor obliges the Administrative Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, Parent shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Administrative Agent or such Lender or any prospective new Lender to refresh carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required accession of such Subsidiary to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodthis Agreement as an Additional Guarantor.
Appears in 2 contracts
Samples: Credit Agreement (CGG), Amendment and Restatement Agreement (CGG)
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status (including ownership) of an Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement any Finance Document to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender) to comply with “know your customer” customer or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” customer or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “know your customer” customer or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower Company shall, by not less than ten Business Days' prior written notice to the Agent, notify the Agent (which shall promptly notify the Lenders) of its intention to request that one of the Subsidiaries becomes an Additional Obligor pursuant to Clause 24 (Changes to the Obligors).
(d) Following the giving of any notice pursuant to paragraph (c) above, if the accession of such Additional Obligor obliges the Agent or any Lender to comply with know your customer or similar identification procedures in circumstances where the necessary information is not already available to it, the Company shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Administrative Agent or such Lender or any prospective new Lender to refresh carry out and be satisfied it has complied with all necessary “know your customer” customer or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required accession of such Subsidiary to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodthis Agreement as an Additional Obligor.
Appears in 1 contract
Samples: Facility Agreement
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this AgreementRestatement Date;
(ii) any change in the beneficial ownership of the Guarantor after the Restatement Date;
(iii) any change in the status of an Obligor after the date of this AgreementRestatement Date; or
(iiiiv) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii5.07(a)(iv), any prospective new Lender) to comply with “"know your customer” " or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii5.07(a)(iv), on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii5.07(a)(iv), any prospective new Lender to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents,
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Samples: Credit Agreement (Atlas Corp.)
Know Your Customer Checks. (a) If:
(i) Each Obligor and the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii), any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower Parent shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent, the Security Agent (for itself or on behalf of any Lender) ), the Security Agent or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iiiany proposed assignment or transfer by a Lender of any of its rights and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer (a Proposed Assignment or Transfer), on behalf of any prospective new assignee or transferee of that Lender) in order for the Administrative Agent, such Security Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)any Proposed Assignment or Transfer, any prospective new assignee or transferee of a Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent or the Security Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower Company shall, by not less than 10 Business Days’ prior written notice to the Agent, notify the Agent (which shall promptly notify the Lenders) of its intention to request that any person becomes an Additional Obligor pursuant to Clause 28 (Changes to the Obligors).
(d) Following the giving of any notice pursuant to paragraph (c) above, if the accession of any Proposed Additional Obligor as an Additional Obligor obliges the Agent, the Security Agent or any Lender to comply with “know your customer” or similar identification procedures or other similar procedures in circumstances where the necessary information is not already available to it, the Company shall promptly upon the request of the Administrative Agent, the Security Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) ), the Security Agent or any Lender (for itself or on behalf of any prospective assignee or transferee of that Lender) in order for the Administrative Agent, such Security Agent or such Lender or any prospective assignee or transferee of a Lender to refresh carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required accession of such Proposed Additional Obligor to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodthis Agreement as an Additional Obligor.
Appears in 1 contract
Samples: Facilities Agreement (New Frontier Public Holding Ltd.)
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation Applicable Law made after the date of this Agreement;
(ii) any change in the status of an Obligor the Borrower or any Subsidiary thereof or any Guarantor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, ; obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower such relevant parties shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations Applicable Laws pursuant to the transactions contemplated in the Loan Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations Applicable Laws pursuant to the transactions contemplated in the Loan Documents.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Know Your Customer Checks. (a) If:
If (i) the introduction of of, or any change in (or in the interpretation, administration or application of) ), any law or regulation made after the date of this Agreement;
Closing Date; (ii) any change in the status of an Obligor or the composition of the shareholders of an Obligor after the date of this AgreementClosing Date; or
or (iii) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)clause (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, any prospective new Lender Lender, to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations regulations, including the USA PATRIOT Act, pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower Parent shall, by not less than 10 Business Days’ prior written notice to the Administrative Agent, notify the Administrative Agent (which shall promptly notify the Lenders) of its intention to request that one of its Subsidiaries becomes an Additional Guarantor pursuant to the Guarantee Agreement or the Norwegian Guarantee Agreement, as applicable.
(d) Following the giving of any notice pursuant to paragraph (c) above, if the accession of such Additional Guarantor obliges the Administrative Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, Parent shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Administrative Agent or such Lender or any prospective new Lender to refresh carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required accession of such Subsidiary to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodthis Agreement as an Additional Guarantor.
Appears in 1 contract
Samples: Credit Agreement (CGG Veritas)
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an any Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Senior Lender of any of its rights and obligations under this Agreement to a party an entity that is not a Senior Lender prior to such assignment or transfer, ; obliges the Administrative Agent any Representative or any Senior Lender (or, in the case of Section 5.07(a)(iiiclause (a)(iii), any prospective new Senior Lender) to comply with “"know your customer” " or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent any Representative or any Senior Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Principal Facilities Agent (for itself or on behalf of any other Representative or any Senior Lender) or any other Representative or any Senior Lender (for itself or, in the case of the event described in Section 5.07(a)(iiiclause (a)(iii), on behalf of any prospective new Senior Lender) in order for the Administrative Principal Facilities Agent, such other Representative or such Senior Lender or, in the case of the event described in Section 5.07(a)(iiiclause (a)(iii), any prospective new Senior Lender to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks identification procedures under all applicable laws and regulations pursuant applicable to the transactions contemplated in the Loan Documents,by this Agreement.
(b) Each To the extent permitted by the applicable law of the relevant Senior Lender, each Senior Lender shall promptly upon the request of the Administrative Principal Facilities Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Principal Facilities Agent (for itself) in order for the Administrative Principal Facilities Agent to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks identification procedures under all applicable laws and regulations pursuant applicable to the transactions contemplated in the Loan Documentsby this Agreement.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Know Your Customer Checks. (a) If:
(i) the introduction of or any change there is a Change in (or in the interpretation, administration or application of) any law or regulation made Law after the date of this Agreement;Closing Date.
(ii) any change in the status of an Obligor Loan Party or the composition of the shareholders of Loan Party after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of clause (iii) of this Section 5.07(a)(iii6.12(a), any prospective new Lender) to comply with “know your customer” customer or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii), on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii), any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the each Loan Documents,
(b) Each Lender Party shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itselfitself or on behalf of any Lender, or on behalf of any prospective new Lender) in order for the Administrative Agent Agent, such Lender or, in the case of the event described in clause (iii) of this Section 6.12(a), any prospective new Lender to carry out and be reasonably satisfied it has complied with all necessary “know your customer” customer or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents.
(b) Following the giving of any notice pursuant to clause (c) The Borrower of this Section 6.12, if the accession of such Additional Guarantor obliges the Administrative Agent or any Lender to comply with know your customer or similar identification procedures in circumstances where the necessary information is not already available to it, the Company shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender or on behalf of any prospective new Lender) or any Lender in order for the Administrative Agent or such Lender or any prospective new Lender to refresh carry out and be reasonably satisfied it has complied with all necessary “know your customer” customer or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required accession of such Subsidiary to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodthis Agreement as an Additional Guarantor.
Appears in 1 contract
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an Obligor or the composition of the direct or indirect shareholders of an Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of (or, in the case of any entity that is not a member of the Nigeria Group or the Company, use reasonable efforts to supply or procure the supply of), such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly promptly, upon the request of the Administrative Agent Agent, supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Finance Documents.
(c) Holdco shall, by not less than 10 Business Days’ prior written notice to the Agent, notify the Agent (which shall promptly notify the Lenders) of its intention to request that an entity becomes an Additional Guarantor pursuant to Clause 27.2 (Additional Guarantors).
(d) Following the giving of any notice pursuant to paragraph (a) above, if the accession of such Additional Guarantor obliges the Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, Holdco shall promptly upon the request of the Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Agent or such Lender or any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documentsaccession of such entity to this Agreement as an Additional Guarantor.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Samples: Unsecured NGN Term Facility Agreement (IHS Holding LTD)
Know Your Customer Checks. (a) If:
If (i) the introduction of or any change Change in (or in the interpretation, administration or application of) any law or regulation Law made after the date of this Agreement;
, (ii) any change in the status of a Subsidiary from an Obligor Unrestricted Subsidiary to a Restricted Subsidiary, (iii) any designation of an additional Borrower pursuant to Section 2.16, (iv) any change in the composition of the shareholders of a Restricted Subsidiary after the date of this Agreement; or
, or (iiiv) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, transfer obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)paragraph (v) above, any prospective new Lender) to comply with “know your customerclient” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall each Restricted Credit Party shall, promptly upon the request of the Administrative Agent or any relevant Lender or prospective Lender supply, or procure the supply ofcause to be supplied, such documentation and other evidence evidences as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or by any relevant Lender (for itself or, in the case of the event described in Section 5.07(a)(iii), or on behalf of any such prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii), any or prospective new Lender to carry out and be satisfied it has complied with the results of all necessary “know your customerclient” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents,
(b) Laws. Each Lender or prospective Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply ofcause to be supplied, such documentation and other evidence evidences as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry purposes of its carrying out of and be satisfied it has complied satisfaction with the results of all necessary “know your customerclient” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan DocumentsLaws.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Samples: Credit Agreement (Cgi Group Inc)
Know Your Customer Checks. (a) If:
If (i) the introduction of of, or any change in (or in the interpretation, administration or application of) ), any law or regulation made after the date of this Agreement;
Second Restatement Effective Date, (ii) any change in the status of an Obligor or the composition of the shareholders of an Obligor after the date of this Agreement; or
Second Restatement Effective Date or (iii) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)clause (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, any prospective new Lender Lender, to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations regulations, including the USA PATRIOT Act, pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower Parent shall, by not less than 10 Business Days’ prior written notice to the Administrative Agent, notify the Administrative Agent (which shall promptly notify the Lenders) of its intention to request that one of its Subsidiaries becomes an Additional Guarantor pursuant to the Guarantee Agreement or the Norwegian Guarantee Agreement, as applicable.
(d) Following the giving of any notice pursuant to paragraph (c) above, if the accession of such Additional Guarantor obliges the Administrative Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, Parent shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Administrative Agent or such Lender or any prospective new Lender to refresh carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required accession of such Subsidiary to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodthis Agreement as an Additional Guarantor.
Appears in 1 contract
Samples: Credit Agreement (CGG Veritas)
Know Your Customer Checks. (ai) If:
(i1) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this AgreementRestatement Date;
(ii2) any change in the beneficial ownership of the Guarantor after the Restatement Date;
(3) any change in the status of an Obligor after the date of this AgreementRestatement Date; or
(iii4) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii5.07(a)(iv), any prospective new Lender) to comply with “"know your customer” " or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii5.07(a)(iv), on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii5.07(a)(iv), any prospective new Lender to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents,, 82 #4866-5228-1161
(bii) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents.
(ciii) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Samples: Credit Agreement (Atlas Corp.)
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an Obligor or the composition of the direct or indirect shareholders of an Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of (or, in the case of any entity that is not a member of the Nigeria Group or the Company, use reasonable efforts to supply or procure the supply of), such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly promptly, upon the request of the Administrative Agent Agent, supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Finance Documents.
(c) Holdco shall, by not less than 10 Business Days’ prior written notice to the Agent, notify the Agent (which shall promptly notify the Lenders) of its intention to request that an entity becomes an Additional Guarantor pursuant to Clause 27.2 (Additional Guarantors).
(d) Following the giving of any notice pursuant to paragraph (a) above, if the accession of such Additional Guarantor obliges the Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, Holdco shall promptly upon the request of the Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Agent or such Lender or any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documentsaccession of such entity to this Agreement as an Additional Guarantor.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Samples: Unsecured NGN Revolving Credit Facility Agreement (IHS Holding LTD)
Know Your Customer Checks. (a) If:
If (i) the introduction of of, or any change in (or in the interpretation, administration or application of) ), any law or regulation made after the date of this Agreement;
; (ii) any change in the status of an Obligor or the composition of the shareholders of an Obligor after the date of this Agreement; or
or (iii) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)clause (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, any prospective new Lender Lender, to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations regulations, including the USA PATRIOT Act, pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower Parent shall, by not less than 10 Business Days’ prior written notice to the Administrative Agent, notify the Administrative Agent (which shall promptly notify the Lenders) of its intention to request that one of its Subsidiaries becomes an Additional Guarantor pursuant to the Guarantee Agreement or the Norwegian Guarantee Agreement, as applicable.
(d) Following the giving of any notice pursuant to paragraph (c) above, if the accession of such Additional Guarantor obliges the Administrative Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, Parent shall promptly upon the request of the Administrative Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Administrative Agent or such Lender or any prospective new Lender to refresh carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required accession of such Subsidiary to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodthis Agreement as an Additional Guarantor.
Appears in 1 contract
Samples: Credit Agreement (CGG Veritas)
Know Your Customer Checks. (a) 6.15.1 If:
(i) 6.15.1.1 the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this AgreementEffective Date;
(ii) 6.15.1.2 any change in the status of an Obligor a Group Member after the date of this Agreement; orEffective Date;
(iii) 6.15.1.3 a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, or any replacement of the Administrative Agent or Collateral Agent; or
6.15.1.4 a Lender’s, Administrative Agent’s or Collateral Agent’s internal “know your customer” checks and identification procedures, obliges the Collateral Agent, Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii), any prospective new Lender, Administrative Agent or Collateral Agent) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent, Collateral Agent or any Lender supply, or procure the supply of, such documentation and other evidence regarding the Borrower or any Group Members as is reasonably requested by the Collateral Agent (or any prospective Collateral Agent) or by Administrative Agent (for itself or on behalf of any LenderLender or prospective Administrative Agent) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii), on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii), any prospective new Lender Lender, Collateral Agent or Administrative Agent to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks regarding the Group Members under all applicable laws Applicable Laws and regulations pursuant to the transactions contemplated in the Loan Documents,.
(b) Each Lender 6.15.2 The Obligors shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Collateral Agent or Administrative Agent (for itself) in order for the Collateral Agent or Administrative Agent or any Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks regarding the Group Members under all applicable laws Applicable Laws and regulations pursuant to the transactions contemplated in the Loan Documents.
(c) The 6.15.3 When the Borrower is obliged to provide a request that a Subsidiary becomes a Guarantor, if the accession of such Guarantor obliges the Collateral Agent, Administrative Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Collateral Agent, Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Collateral Agent, Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or on behalf of any prospective new Lender) in order for the Collateral Agent, Administrative Agent or such Lender or any prospective new Lender to refresh carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks regarding the Group Members under all applicable laws Applicable Laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month periodregulations.
Appears in 1 contract
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date of this Agreement;
(ii) any change in the status of an Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii), any prospective new Lender) to comply with “"know your customer” " or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower Borrowers shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii), on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii), any prospective new Lender to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents,, #4889-1846-1214
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents.
(c) The Borrower Borrowers shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order and necessary for the Administrative Agent or such Lender to refresh and be satisfied it has complied comply with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Samples: Credit Agreement (Atlas Corp.)
Know Your Customer Checks. (a) If:
If (i) the introduction of of, or any change in (or in the interpretation, administration or application of) ), any law or regulation made after the date of this Agreement;
; (ii) any change in the status of an Obligor or the composition of the shareholders of an Obligor after the date of this Agreement; or
or (iii) a proposed assignment or transfer by a Lender of any of its rights and and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Facility Agent or any Lender (or, in the case of Section 5.07(a)(iii)clause (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower each Obligor shall promptly upon the request of the Administrative Facility Agent or any Lender supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Facility Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, on behalf of any prospective new Lender) in order for the Administrative Facility Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)clause (iii) above, any prospective new Lender Lender, to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Finance Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Facility Agent supply, or procure ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Facility Agent (for itself) in order for the Administrative Facility Agent to carry out and be satisfied it has complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations regulations, pursuant to the transactions contemplated in the Loan Finance Documents.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
Appears in 1 contract
Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation Applicable Law made after the date of this Agreement;
(ii) any change in the status of an Obligor the US Borrower or any Subsidiary thereof or any Guarantor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, ; obliges the Administrative Agent or any Lender (or, in the case of Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender) to comply with “"know your customer” " or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower such relevant parties shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in Section 5.07(a)(iii)paragraph (iii) above, any prospective new Lender to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations Applicable Laws pursuant to the transactions contemplated in the Loan Documents,.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent to carry out and be satisfied it has complied with all necessary “"know your customer” " or other similar checks under all applicable laws and regulations Applicable Laws pursuant to the transactions contemplated in the Loan Documents.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
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Know Your Customer Checks. (a) If:
(i) the introduction of or any change in (or in the interpretation, administration or application of) any law Applicable Law or regulation made after the date of this Agreement;
(ii) any change in the status of an any Obligor after the date of this Agreement; or
(iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party an entity that is not a Lender prior to such assignment or transfer, ; obliges the Administrative Agent or any Lender Finance Party (or, in the case of Section 5.07(a)(iiiclause (a)(iii), any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent or any Lender Finance Party supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Facility Agent (for itself or on behalf of any Lenderother Finance Party) or any Lender other Finance Party (for itself or, in the case of the event described in Section 5.07(a)(iiiclause (a)(iii), on behalf of any prospective new Lender) in order for the Administrative Agent, Facility Agent or such Lender Finance Party or, in the case of the event described in Section 5.07(a)(iiiclause (a)(iii), any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks identification procedures under all applicable laws Applicable Laws and regulations pursuant applicable to the transactions contemplated in the Loan Documents,by this Agreement.
(b) Each To the extent permitted by the Applicable Law of the relevant Lender, each Lender shall promptly upon the request of the Administrative any Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative such Agent (for itself) in order for the Administrative such Agent to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks identification procedures under all applicable laws Applicable Laws and regulations pursuant applicable to the transactions contemplated in the Loan Documentsby this Agreement.
(c) The Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender in order for the Administrative Agent or such Lender to refresh and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents, provided that the Borrower shall not be required to comply with any such request from the Administrative Agent or any Lender more than once in any twelve (12) month period.
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Samples: Loan Agreement (Yamana Gold Inc)