Common use of Patriot Act, Bank Secrecy Act and Office of Foreign Assets Control Clause in Contracts

Patriot Act, Bank Secrecy Act and Office of Foreign Assets Control. As required by federal law and LaSalle Bank’s and Lender’s policies and practices, LaSalle Bank and Lender may need to obtain, verify and record certain customer identification information and documentation in connection with opening or maintaining accounts, or establishing or continuing to provide services and US Borrower agrees to provide such information. In addition, and without limiting the foregoing sentence, US Borrower shall (a) ensure, and cause each other Company to ensure, that no Person who owns a controlling interest in or otherwise controls any Company is or shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by the Office of Foreign Assets Control (“OFAC”), the Department of the Treasury or included in any Executive Orders, (b) not use or permit the use of the proceeds of the Loans to violate any of the foreign asset control regulations of OFAC or any enabling statute or Executive Order relating thereto, and (c) comply, and cause each other Company to comply, with all applicable Bank Secrecy Act laws and regulations, as amended.

Patriot Act, Bank Secrecy Act and Office of Foreign Assets Control. As required by federal law and LaSalle Bankthe Agent’s, BofA’s and each Lender’s policies and practices, LaSalle Bank the Agent, BofA and each Lender may need to obtain, verify and record certain customer identification information and documentation in connection with opening or maintaining accounts, or establishing or continuing to provide services and US each Borrower agrees to provide such information. In addition, and without limiting the foregoing sentence, US each Borrower shall (a) ensure, and cause each other Company Subsidiary to ensure, that no Person who owns a controlling interest in or otherwise controls any Company Borrower or any Subsidiary is or shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by the Office of Foreign Assets Control (“OFAC”), the Department of the Treasury or included in any Executive Orders, (b) not use or permit the use of the proceeds of the Loans to violate any of the foreign asset control regulations of OFAC or any enabling statute or Executive Order relating thereto, and (c) comply, and cause each other Company Subsidiary to comply, with all applicable Bank Secrecy Act (“BSA”) laws and regulations, as amended.

Patriot Act, Bank Secrecy Act and Office of Foreign Assets Control. As required by federal law and the Agent’s, LaSalle Bank’s and each Lender’s policies and practices, the Agent, LaSalle Bank and each Lender may need to obtain, verify and record certain customer identification information and documentation in connection with opening or maintaining accounts, or establishing or continuing to provide services and US Borrower each Loan Party agrees to provide such information. In addition, and without limiting the foregoing sentence, US Borrower each Loan Party shall (a) ensure, and cause each other Company Subsidiary to ensure, that no Person who owns a controlling interest in or otherwise controls any Company Loan Party or any Subsidiary is or shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by the Office of Foreign Assets Control (“OFAC”), the Department of the Treasury or included in any Executive Orders, (b) not use or permit the use of the proceeds of the Loans to violate any of the foreign asset control regulations of OFAC or any enabling statute or Executive Order relating thereto, and (c) comply, and cause each other Company Subsidiary to comply, with all applicable Bank Secrecy Act laws and regulations, as amended.

Patriot Act, Bank Secrecy Act and Office of Foreign Assets Control. As required by federal law and LaSalle Bankthe Agent’s, BMO’s and Lendereach Xxxxxx’s policies and practices, LaSalle Bank the Agent, BMO and each Lender may need to obtain, verify and record certain customer identification information and documentation in connection with opening or maintaining accounts, or establishing or continuing to provide services and US each Borrower agrees to provide such information. In addition, and without limiting the foregoing sentence, US each Borrower shall (a) ensure, and cause each other Company Subsidiary to ensure, that no Person who owns a controlling interest in or otherwise controls any Company Borrower or any Subsidiary is or shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by the Office of Foreign Assets Control (“OFAC”), the Department of the Treasury or included in any Executive Orders, (b) not use or permit the use of the proceeds of the Loans to violate any of the foreign asset control regulations of OFAC or any enabling statute or Executive Order relating thereto, and (c) comply, and cause each other Company Subsidiary to comply, with all applicable Bank Secrecy Act (“BSA”) laws and regulations, as amended.

Patriot Act, Bank Secrecy Act and Office of Foreign Assets Control. As required by federal law and LaSalle Bank’s and Lender’s policies and practices, LaSalle Bank and Lender may need to obtain, verify and record certain customer identification information and documentation in connection with opening or maintaining accounts, or establishing or continuing to provide services and US each Borrower agrees to provide such information. In addition, and without limiting the foregoing sentence, US each Borrower shall (a) ensure, and cause each other Company to ensure, that no Person who owns a controlling interest in or otherwise controls any Company is or shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by the Office of Foreign Assets Control (“OFAC”), the Department of the Treasury or included in any Executive Orders, (b) not use or permit the use of the proceeds of the Loans to violate any of the foreign asset control regulations of OFAC or any enabling statute or Executive Order relating thereto, and (c) comply, and cause each other Company to comply, with all applicable Bank Secrecy Act laws and regulations, as amended.