Common use of No Reliance on Agent’s Customer Identification Program Clause in Contracts

No Reliance on Agent’s Customer Identification Program. Each Lender acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely on the Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA PATRIOT Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with Borrower, its Affiliates or its agent, acting or benefitting in any capacity in connection with Advances of other transactions hereunder, this Agreement, the Other Documents or the transactions hereunder or contemplated hereby: (1) any identity verification procedures, (2) any record-keeping, (3) comparisons with government lists, (4) customer notices or (5) other procedures required under the CIP Regulations or such other laws.

Appears in 1 contract

Samples: Security Agreement (P&f Industries Inc)

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No Reliance on Agent’s Customer Identification Program. Each Lender of the Lenders acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely on the Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA PATRIOT Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Corruption Law, Sanctions Law or Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with Borrowerany of the Borrowers, its their Affiliates or its agent, acting or benefitting in any capacity in connection with Advances of other transactions hereundertheir agents, this Agreement, the Other other Loan Documents or the transactions hereunder or contemplated hereby: (1i) any identity verification procedures, (2ii) any record-record keeping, (3iii) comparisons with government lists, (4iv) customer notices or (5) other procedures required under the CIP Regulations or such other laws.

Appears in 1 contract

Samples: Credit Agreement (Lincoln Electric Holdings Inc)

No Reliance on Agent’s Customer Identification Program. (c) Each Lender acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely relay on the Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the Beneficial Ownership Regulation, the USA PATRIOT Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the "CIP Regulations"), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with BorrowerBorrowers or any of its Subsidiaries, its any of their respective Affiliates or its agent, acting or benefitting in any capacity in connection with Advances of other transactions hereunder, this Agreementagents, the Other Loan Documents or the transactions hereunder or contemplated herebyhereunder: (1i) any identity identify verification procedures, (2ii) any record-record keeping, (3iii) any comparisons with government lists, (4iv) any customer notices notices, or (5v) any other procedures required under the CIP Regulations or such other laws.

Appears in 1 contract

Samples: Credit Agreement (Unique Fabricating, Inc.)

No Reliance on Agent’s Customer Identification Program. Each Lender of the Lenders and the Issuer acknowledges and agrees that neither such LenderLender nor the Issuer, nor any of its their Affiliates, participants or assignees, may rely on the Agent to carry out such Lender’s, Issuer’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA PATRIOT Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with Borrowerany of the Loan Parties, its their Affiliates or its agent, acting or benefitting in any capacity in connection with Advances of other transactions hereundertheir agents, this Agreement, the Other Loan Documents or the transactions hereunder or contemplated hereby: (1i) any identity verification procedures, (2ii) any record-record keeping, (3iii) comparisons with government lists, (4iv) customer notices or (5v) other procedures required under the CIP Regulations or such other laws.. 115

Appears in 1 contract

Samples: Credit and Security (Stoneridge Inc)

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No Reliance on Agent’s Customer Identification Program. Each Lender of the Lenders and the Issuer acknowledges and agrees that neither such LenderLender nor the Issuer, nor any of its their Affiliates, participants or assignees, may rely on the Agent to carry out such Lender’s, Issuer’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA PATRIOT Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with Borrowerany of the Loan Parties, its their Affiliates or its agent, acting or benefitting in any capacity in connection with Advances of other transactions hereundertheir agents, this Agreement, the Other Documents or the transactions hereunder or contemplated hereby: (1a) any identity verification procedures, (2b) any record-record keeping, (3c) comparisons with government lists, (4d) customer notices or (5e) other procedures required under the CIP Regulations or such other laws.

Appears in 1 contract

Samples: Security Agreement (Lesco Inc/Oh)

No Reliance on Agent’s Customer Identification Program. Each Lender Purchaser acknowledges and agrees that neither such LenderPurchaser, nor any of its Affiliates, participants or assignees, may rely on the Agent to 127 60358086_160358086_13 carry out such LenderPurchaser’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA PATRIOT Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with Borrowerany Note Party, its Affiliates or its agent, acting or benefitting in any capacity in connection with Advances of other transactions hereunderagents, this Agreement, the Other other Note Documents or the transactions hereunder or contemplated hereby: (1a) any identity verification procedures, (2b) any record-keeping, (3c) comparisons with government lists, (4d) customer notices or (5e) other procedures required under the CIP Regulations or such other laws.

Appears in 1 contract

Samples: Note Purchase Agreement (Keane Group, Inc.)

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