OFAC and Other Verifications. BNYM shall verify that each Shareholder 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, BNYM’s verifications shall be based solely upon the representations (if any) made in the subscription agreement of a Fund.
Appears in 3 contracts
Samples: Administrative Services Agreement (Susa Registered Fund, L.L.C.), Administrative Services Agreement (Entrust Multi-Strategy Fund), Administrative Services Agreement (EnTrust Multi-Strategy Master Fund)
OFAC and Other Verifications. BNYM shall verify that each Shareholder is not 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 his or her immediate family members and close associates, or any foreign shell bank; , provided that with respect to (ii)(b) hereofverifications that Shareholders are not senior foreign political figures or their immediate family members and close associates, or foreign shell banks, BNYM’s verifications shall be based solely upon the representations (if any) made in the subscription agreement of a Fundapplication to purchase Shares.
Appears in 1 contract
Samples: Administrative Services Agreement (Evanston Alternative Opportunities Fund)
