Common use of Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting Clause in Contracts

Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting. (a) Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (“USA Patriot Act”) requires the Escrow Agent to implement reasonable procedures to verify the identity of any person or entity that opens a new account with it. Accordingly, each of the parties acknowledges that Section 326 of the USA PATRIOT Act and the Escrow Agent’s identity verification procedures require the Escrow Agent to obtain information which may be used to confirm the identity of such party, including such person or entity’s name, address and organizational documents (“identifying information”). The parties agree to provide the Escrow Agent with and consent to the Escrow Agent obtaining from third parties any such identifying information required as a condition of opening an account with or using any service provided by the Escrow Agent.

Appears in 5 contracts

Samples: Merger Agreement (Abri SPAC I, Inc.), Earnout Escrow Agreement (SRIVARU Holding LTD), Earnout Escrow Agreement (SRIVARU Holding LTD)

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Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting. (a) Patriot Act Disclosure. Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (“USA Patriot PATRIOT Act”) requires the Escrow Agent to implement reasonable procedures to verify the identity of any person or entity that opens a new account with it. Accordingly, each of the parties acknowledges Parties acknowledge that Section 326 of the USA PATRIOT Act and the Escrow Agent’s identity verification procedures require the Escrow Agent to obtain information which may be used to confirm the Parties identity of such party, including such person or entity’s without limitation name, address and organizational documents (“identifying information”). The parties Parties agree to provide the Escrow Agent with and consent to the Escrow Agent obtaining from third parties any such identifying information required as a condition of opening an account with or using any service provided by the Escrow Agent.

Appears in 5 contracts

Samples: Asset Purchase Agreement (World Heart Corp), Agreement and Plan of Merger (Alexion Pharmaceuticals Inc), Form of Escrow Agreement (Xstream Systems Inc)

Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting. (a) Patriot Act Disclosure. Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (“USA Patriot PATRIOT Act”) requires the Escrow Agent to implement reasonable procedures to verify the identity of any person or entity that opens a new account with it. Accordingly, each of the parties acknowledges Parties acknowledge that Section 326 of the USA PATRIOT Act and the Escrow Agent’s Agents’ identity verification procedures require the Escrow Agent to obtain information which may be used to confirm the identity of such party, the Parties including such person or entity’s without limitation name, address and organizational documents (“identifying information”). The parties Parties agree to provide the Escrow Agent with and consent to the Escrow Agent obtaining from third parties any such identifying information required as a condition of opening an account with or using any service provided by the Escrow Agent.

Appears in 2 contracts

Samples: Escrow Agreement (Ruiz John Hasan), Escrow Agreement (Ruiz John Hasan)

Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting. (a) Patriot Act Disclosure. Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (“USA Patriot PATRIOT Act”) requires the Escrow Agent to implement reasonable procedures to verify the identity of any person or entity that opens a new account with it. Accordingly, each of the parties acknowledges Parties acknowledge that Section 326 of the USA PATRIOT Act and the Escrow Agent’s identity verification procedures require the Escrow Agent to obtain information which may be used to confirm the Parties identity of such party, including such person or entity’s without limitation name, address and organizational documents (“identifying informationIdentifying Information”). The parties Parties agree to provide the Escrow Agent with and consent to the Escrow Agent obtaining from third parties any such identifying information Identifying Information required as a condition of opening an account with or using any service provided by the Escrow Agent.

Appears in 1 contract

Samples: Merger Agreement (Sprouts Farmers Markets, LLC)

Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting. (a) Patriot Act Disclosure. Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (“USA Patriot PATRIOT Act”) requires the Escrow Agent to implement reasonable procedures to verify the identity of any person or entity that opens a new account with it. Accordingly, each of the parties acknowledges Parties acknowledge that Section 326 of the USA PATRIOT Act and the Escrow Agent’s identity verification procedures require the Escrow Agent to obtain applicable information which may be used is required to confirm the Parties’ identity of such party, including such person or entity’s without limitation name, address and organizational documents (collectively, identifying informationIdentifying Information”). The parties Parties agree to provide the Escrow Agent with and consent to the Escrow Agent obtaining from third parties any such identifying information Identifying Information required as a condition of opening an account with or using any service provided by the Escrow AgentAgent for the purposes of this Agreement.

Appears in 1 contract

Samples: Joinder Agreement (Forum Merger III Corp)

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Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting. (a) Patriot Act Disclosure. Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (“USA Patriot PATRIOT Act”) requires the Escrow Agent to implement reasonable procedures to verify the identity of any person or entity that opens a new account with it. Accordingly, each of the parties acknowledges Founders acknowledge that Section 326 of the USA PATRIOT Act and the Escrow Agent’s identity verification procedures require the Escrow Agent to obtain information which may be used to confirm the Founders’ identity of such party, including such person or entity’s without limitation name, address and organizational documents (“identifying information”). The parties agree Founders agrees to provide the Escrow Agent with and consent to the Escrow Agent obtaining from third parties any such identifying information required as a condition of opening an account with or using any service provided by the Escrow Agent.

Appears in 1 contract

Samples: Founder Pledge Agreement (HNR Acquisition Corp.)

Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting. (a) Patriot Act Disclosure. Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (“USA Patriot PATRIOT Act”) requires the Escrow Agent to implement reasonable procedures to verify the identity of any person or entity that opens a new account with it. Accordingly, each of the parties acknowledges acknowledge that Section 326 of the USA PATRIOT Act and the Escrow Agent’s identity verification procedures require the Escrow Agent to obtain information which may be used to confirm the identity of such partyparties’ identity, including such person or entity’s including, without limitation, name, address and organizational documents (“identifying informationIdentifying Information”). The parties agree to provide the Escrow Agent with and consent to the Escrow Agent obtaining from third parties any such identifying information Identifying Information required as a condition of opening an account with or using any service provided by the Escrow Agent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Texas Roadhouse, Inc.)

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