Common use of PATRIOT Act and Anti-Money Laundering Clause in Contracts

PATRIOT Act and Anti-Money Laundering. The Administrative Agent shall have received, at least 5 days prior to the Third Increase Supplement Effective Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, as has been reasonably requested in writing at least 10 days prior to the Third Increase Supplement Effective Date by the Administrative Agent or the Increasing Tranche G Lender. To the extent the Borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”), at least three (3) Business Days prior to the Third Increase Supplement Effective Date, each Tranche G Term Lender that has requested, in a written notice to the Borrower at least ten (10) Business Days prior to the Third Increase Supplement Effective Date, a beneficial ownership certification as required by the Beneficial Ownership Regulation (the “Beneficial Ownership Certificate”) in relation to the Borrower shall have received such Beneficial Ownership Certificate.

Appears in 1 contract

Samples: Warner Music Group Corp.

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PATRIOT Act and Anti-Money Laundering. The Administrative Agent shall have received, at least 5 days three (3) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, as has been reasonably requested in writing at least 10 days prior to the Third Increase Supplement Incremental Amendment Effective Date by the Administrative Agent or the Increasing any Tranche G LenderI Arranger Party. To the extent the Borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”), at least three (3) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, each Tranche G I Term Lender that has requested, in a written notice to the Borrower at least ten (10) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, a beneficial ownership certification as required by the Beneficial Ownership Regulation (the “Beneficial Ownership Certificate”) in relation to the Borrower shall have received such Beneficial Ownership Certificate.

Appears in 1 contract

Samples: Credit Agreement (Warner Music Group Corp.)

PATRIOT Act and Anti-Money Laundering. The Administrative Agent shall have received, at least 5 days prior to the Third Increase Supplement Incremental Amendment Effective Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, as has been reasonably requested in writing at least 10 days prior to the Third Increase Supplement Incremental Amendment Effective Date by the Administrative Agent or the Increasing any Tranche G LenderH Arranger Party. To the extent the Borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”), at least three (3) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, each Tranche G H Term Lender that has requested, in a written notice to the Borrower at least ten (10) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, a beneficial ownership certification as required by the Beneficial #96130611v6 #96130611v11 Ownership Regulation (the “Beneficial Ownership Certificate”) in relation to the Borrower shall have received such Beneficial Ownership Certificate.

Appears in 1 contract

Samples: Credit Agreement (Warner Music Group Corp.)

PATRIOT Act and Anti-Money Laundering. The Administrative Agent shall have received, at least 5 days prior to the Third Second Increase Supplement Effective Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, as has been reasonably requested in writing at least 10 days prior to the Third Second Increase Supplement Effective Date by the Administrative Agent or the Increasing Tranche G Lender. To the extent the Borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”), at least three (3) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, each Tranche G Term Lender that has requested, in a written notice to the Borrower at least ten (10) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, a beneficial ownership certification as required by the Beneficial Ownership Regulation (the “Beneficial Ownership Certificate”) in relation to the Borrower shall have received such Beneficial Ownership Certificate.

Appears in 1 contract

Samples: Increase Supplement (Warner Music Group Corp.)

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PATRIOT Act and Anti-Money Laundering. The Administrative Agent shall have received, at least 5 days prior to the Third Increase Supplement Incremental Amendment Effective Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, as has been reasonably requested in writing at least 10 days prior to the Third Increase Supplement Incremental Amendment Effective Date by the Administrative Agent or the Increasing Tranche G LenderArranger Party. To the extent the Borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”), at least three (3) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, each Tranche G Term Lender that has requested, in a written notice to the Borrower at least ten (10) Business Days prior to the Third Increase Supplement Incremental Amendment Effective Date, a beneficial ownership certification as required by the Beneficial Ownership Regulation (the “Beneficial Ownership Certificate”) in relation to the Borrower shall have received such Beneficial Ownership Certificate.

Appears in 1 contract

Samples: Credit Agreement (Warner Music Group Corp.)

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