OFAC and Other Verifications. BNYM shall verify that each Designated Subscriber is not (a) a designated national and blocked person as identified on the most recently updated U.S. Department of Treasury Office Foreign Assets Control (OFAC) List, or (b) a senior foreign political figure, its immediate family members and close associates, or any foreign shell bank; provided that with respect to (ii)(b) hereof, the Administrator’s verifications shall be based solely upon the representations (if any) made in the Subscription Agreement of the Fund.
Appears in 2 contracts
Samples: Administration, Accounting and Transfer Agent Services Agreement (Skybridge Multi-Adviser Hedge Fund Portfolios LLC), Administration, Accounting and Transfer Agent Services Agreement (Skybridge G II Fund, LLC)
OFAC and Other Verifications. BNYM BNYM-AIS shall verify that each Designated Subscriber is not (a) a designated national and blocked person as identified on the most recently updated U.S. Department of Treasury Office Foreign Assets Control (OFAC) List, or (b) a senior foreign political figure, its immediate family members and close associates, or any foreign shell bank; provided that with respect to (ii)(b) hereof, the AdministratorBNYM-AIS’s verifications shall be based solely upon the representations (if any) made in the Subscription Agreement subscription agreement of the a Fund.
Appears in 2 contracts
Samples: Administrative Services Agreement (BlackRock Alternatives Allocation Portfolio LLC), Administrative Services Agreement (ASGI Agility Income Fund)
OFAC and Other Verifications. BNYM BNYM-AIS shall verify that each Designated Subscriber is not (a) a designated national and blocked person as identified on the most recently updated U.S. Department of Treasury Office Foreign Assets Control (OFAC) List, or (b) a senior foreign political figure, its immediate family members and close associates, or any foreign shell bank; provided that with respect to (ii)(b) hereof, the AdministratorBNYM-AIS’s verifications shall be based solely upon the representations (if any) made in the Subscription Agreement subscription agreement of the Fund.
Appears in 1 contract
Samples: Administrative Services Agreement (BlackRock Preferred Partners LLC)
OFAC and Other Verifications. BNYM shall verify that each Designated Subscriber is not (a) a designated national and blocked person as identified on the most recently updated U.S. Department of Treasury Office Foreign Assets Control (OFAC) List, or (b) a senior foreign political figure, its immediate family members and close associates, or any foreign shell bank; provided that with respect to (ii)(b) hereof, the Administrator’s BNYM's verifications shall be based solely upon the representations (if any) made in the Subscription Agreement subscription agreement of the Fund.
Appears in 1 contract
Samples: Administrative Services Agreement (Global Chartist Fund, LLC)
