Common use of Know Your Customer Rules Clause in Contracts

Know Your Customer Rules. If : (a) (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; (i) any change in the status of a Loan Party after the date of this Agreement; or (ii) 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) 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, each Loan Party 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 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 clause (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 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.

Know Your Customer Rules. If : (a) (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; (i) ; any change in the status of a Loan Party after the date of this Agreement; or (ii) or 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 clause (iii) Section 9.07 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, each Loan Party 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 clause (iii) above, or on behalf of any prospective new Lender) or in order for the Administrative Agent, such Lender or, in the case of the event described in clause (iii) above, 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 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.

Know Your Customer Rules. If : (a) (i) The Company 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; (i) any change in the status of a Loan Party after the date of this Agreement; or (ii) 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) 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, each Loan Party Offshore Borrowers shall promptly upon the request of the Offshore Sub-Administrative Agent, the Administrative Agent or any Offshore Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent, the Offshore Sub-Administrative Agent (for itself themselves or on behalf of any Offshore Lender) or any Offshore Lender (for itself or, in the case of the event described in clause (iii) above, or on behalf of any prospective new Lender) in order for the Administrative Agent, the Offshore Sub-Administrative Agent, such Lender or, in the case of the event described in clause (iii) above, or 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 person that it is required to carry out pursuant to the transactions contemplated in the Loan Documents. (b) Each Offshore Lender shall promptly upon the request of the Offshore Sub-Administrative Agent or the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) or the Offshore Sub-Administrative Agent (for itself) in order for the Offshore Sub-Administrative Agent or 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 in relation to any person that it is required to carry out pursuant to the transactions contemplated in the Loan Documents.