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

PATRIOT Act and Anti-Money Laundering. Holdco and its Subsidiaries: (a) will comply with the Patriot Act and all applicable regulations and executive orders issued thereto and any other applicable AXX Xxxx, (b) will refrain from taking any action that would result in a violation by the Purchasers of the Patriot Act and all applicable regulations and executive orders issued thereto or any other applicable AML Laws, and (c) without limiting the generality of the foregoing, will: (i) establish and adhere to a program to ensure the filing of all required reports under the AML Laws, and (ii) establish and adhere to a program and all other requirements to perform due diligence as required by the Bank Secrecy Act, in each case, except as could not reasonably be expected to have a Material Adverse Effect.

PATRIOT Act and Anti-Money Laundering. Holdco and its Subsidiaries: (a) will comply with the Patriot Act and all applicable regulations and executive orders issued thereto and any other applicable AXX XxxxAML Laws, (b) will refrain from taking any action that would result in a violation by the Purchasers of the Patriot Act and all applicable regulations and executive orders issued thereto or any other applicable AML Laws, and (c) without limiting the generality of the foregoing, will: (i) establish and adhere to a program to ensure the filing of all required reports under the AML Laws, and (ii) establish and adhere to a program and all other requirements to perform due diligence as required by the Bank Secrecy Act, in each case, except as could not reasonably be expected to have a Material Adverse Effect.