Common use of KYC; Beneficial Ownership Certification Clause in Contracts

KYC; Beneficial Ownership Certification. Upon the reasonable request of any Lender made at least 10 Business Days prior to the Closing Date, the Parent Borrower shall have provided to such Lender, and such Lender shall be reasonably satisfied with, the customary documentation and other information so requested in connection with applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation, the PATRIOT Act, in each case at least 5 Business Days prior to the Closing Date and (y) at least 5 Business Days prior to the Closing Date, any Borrower that qualifies as a “legal entity customer” under the Beneficial Ownership Regulation shall have delivered, to each Lender that so requests, a Beneficial Ownership Certification in relation to such Borrower.

Appears in 3 contracts

Samples: Abl Credit Agreement (US Foods Holding Corp.), Abl Credit Agreement (US Foods Holding Corp.), Abl Credit Agreement (US Foods Holding Corp.)

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KYC; Beneficial Ownership Certification. (a) Upon the reasonable request of any Lender made at least 10 Business Days fifteen (15) days prior to the Closing Date, the Parent Borrower shall have provided to such Lender, and such Lender shall be reasonably satisfied with, the customary documentation and other information so requested in connection with applicable “know your customer” and anti-money-money laundering rules and regulations, including, without limitation, including the PATRIOT Act, in each case at least 5 Business Days five (5) days prior to the Closing Date and (yb) at least 5 Business Days five (5) days prior to the Closing Date, any Borrower Loan Party that qualifies as a “legal entity customer” under the Beneficial Ownership Regulation shall have delivered, to each Lender that so requests, a Beneficial Ownership Certification in relation to such BorrowerLoan Party.

Appears in 1 contract

Samples: Credit Agreement (Landsea Homes Corp)

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