Networked Level 3 Only Accounts Clause Samples
Networked Level 3 Only Accounts. The parties agree that in the event that ADI or its designee has readily available on its systems individual Shareholder information, that as is typically associated with fully disclosed NSCC Network Level III positions, ADI or its designee will limit information requested pursuant to Section 11 to those Shares that have been identified as held in nominee or street by the Broker/Dealer and it further agrees, in the case of an Indirect Intermediary to assist in obtaining for ADI or its designee the necessary information to ensure the Fund’s compliance with Rule 22c-2.
Networked Level 3 Only Accounts. The parties agree that in the event that ADI or its designee has readily available on its systems individual Shareholder information, that as is typically associated with fully disclosed NSCC Network Level III positions, ADI or its designee will limit information requested pursuant to Section 11 to those Shares that have been identified as held in nominee or street by the Broker/Dealer and it further agrees, in the case of an Indirect Intermediary to assist in obtaining for ADI or its designee the necessary information to ensure-the Fund's compliance with Rule 22c-2.
12. Anti-Money Laundering Program. Broker/Dealer hereby certifies that: (i) it understands that pursuant to various U.S. regulations, it is required to establish an anti-money laundering program, which satisfies the requirements of Title III of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (the "USA Patriot Act"); (ii) Broker/Dealer has developed, implemented, and will maintain such an anti-money laundering program, including a customer identification program consistent with the rules under sec. 326 of the USA Patriot Act, and wiII comply with all applicable laws and regulations designed to guard against money laundering activities set out in such program; (iii) Broker/Dealer will cooperate with ADI and deliver information reasonably requested by ADI concerning shareholders that purchased a Fund's shares sold by Broker/Dealer necessary for ADI or the Company to comply with the USA Patriot Act; and (iv) Broker/Dealer will notify ADI, in writing, if it is found, by its Compliance Officer, independent anti-money laundering auditor, or any Federal, state, or selfregulatory agencies, to be in violation of the USA Patriot Act, any regulation implementing the USA Patriot Act, or its anti-money laundering program. Notwithstanding anything to the contrary, if Broker/Dealer is exempt from the requirement to develop, implement, and maintain anti-money laundering policies that comply with USA Patriot Act in which case Broker/Dealer agrees to cooperate with AD! or the Company and deliver information reasonably requested by ADI or the Company concerning shareholders that purchased shares sold by Broker/Dealer necessary for ADI and the Company to comply with either's internal policies, the USA Patriot Act and relevant rules and regulations. Broker/Dealer acknowledges that ADI or the Company may reject or refuse orders for the sal...