Common use of Ongoing Due Diligence Clause in Contracts

Ongoing Due Diligence. The Account Holder, including any authorised attorneys thereto, are subject to Finductive’s ongoing due diligence process. The Account Xxxxxx agrees to provide all required information and documentation as requested from time to time. Furthermore, the Account Holder shall immediately inform Finductive of any change to the information that was previously provided as part of the Application Process or provided as part of the ongoing due diligence process. Failure to provide such information in a timely manner shall be considered a breach of this Contract. Finductive shall not be held liable for any damages that may ensue to the Account Holder or any third party arising from such breach.

Ongoing Due Diligence. The Account Holder, including any authorised attorneys thereto, are subject to Finductive’s ongoing due diligence process. The Account Xxxxxx Holder agrees to provide all required information and documentation as requested from time to time. Furthermore, the Account Holder shall immediately inform Finductive of any change to the information that was previously provided as part of the Application Process or provided as part of the ongoing due diligence process. Failure to provide such information in a timely manner shall be considered a breach of this Contract. Finductive shall not be held liable for any damages that may ensue to the Account Holder or any third party arising from such breach.