The AML Program. WRSCO hereby represents and warrants that WRSCO has received a copy of the Fund's AML Program and undertakes to perform all responsibilities imposed on WRSCO as a "Service Provider" thereunder. The Fund hereby agrees to provide to WRSCO any amendment(s) to the AML Program promptly after adoption of any such amendment(s) by the Fund.
The AML Program. W&R hereby represents and warrants that W&R has received a copy of the Fund’s AML Program and undertakes to perform all responsibilities imposed on W&R as a “Service Provider” thereunder. The Fund hereby agrees to provide to W&R any amendment(s) to the AML Program promptly after adoption of any such amendment(s) by the Fund.
The AML Program. JHSS hereby represents and warrants that JHSS has received a copy of the Fund’s current JHF AML Program and undertakes to perform all responsibilities imposed on JHSS as a service provider as determined therein. The Fund hereby agrees to provide to JHSS any amendment(s) to the JHF AML Program promptly after adoption of any such amendment(s) by the Fund.
The AML Program. USBFS hereby represents and warrants that USBFS has received a copy of the Trust’s AML Program and undertakes to perform all responsibilities imposed on USBFS as a “Service Provider” thereunder. The Trust hereby agrees to provide to USBFS any amendment(s) to the AML Program promptly after adoption of any such amendment(s) by the Trust.
The AML Program. 1. Correspondent shall develop, implement and enforce written AML policies and procedures (the “AML Program”), reasonably designed to ensure compliance with the requirements of the Applicable Laws and Rules relating to AML, including, without limitation, the Bank Secrecy Act, the Patriot Act, the regulations promulgated thereunder, and the statutes, rules and regulations administered by OFAC. The AML Program shall cover, among other things, (i) the identification and verification of prospective Accounts (Patriot Act, § 326), (ii) the identification of the source(s) of funds and securities in prospective Accounts, (iii) the identification, monitoring and reporting of suspicious activities, (iv) responses to requests for documents and information from law enforcement authorities, (v) prohibitions on the opening, maintaining, administering or managing of accounts on behalf of prohibited entities (such as, for example, foreign “shell banks”), and (vi) special due diligence procedures for Accounts involving non-U.S. persons (such as, for example, Accounts held directly or indirectly by foreign banks). The AML Program shall be developed, implemented and enforced by a qualified compliance officer designated by Correspondent for such purposes. The AML Program shall be reviewed and approved in writing by a member of senior management of Correspondent. Notwithstanding the foregoing, Ridge reserves the absolute right, without prior notice to Correspondent or to the Customer, to freeze or block assets in any Account, or terminate any Account which, in the sole discretion of Ridge acting in good faith, may violate or may cause a violation of the Bank Secrecy Act, the Patriot Act, or any other AML provision, or statute, rule or regulation administered by OFAC. Correspondent shall certify annually to Ridge that it is in compliance with this Section III.E. and that has implemented and enforced the AML Program.
2. Ridge acknowledges the following AML obligations under Applicable Laws and Rules:
The AML Program. IFDI hereby represents and warrants that IFDI has received a copy of each Fund’s AML Program and undertakes to perform all responsibilities imposed on IFDI as a “Service Provider” thereunder. Each Fund hereby agrees to provide to IFDI any amendment(s) to the AML Program promptly after adoption of any such amendment(s) by the Fund.
The AML Program. The Transfer Agent hereby represents and warrants that the Transfer Agent has received a copy of the Company's AML Program and undertakes to perform all responsibilities imposed on the Transfer Agent as a "Service Provider" thereunder. The Company hereby agrees to provide to the Transfer Agent any amendment(s) to the AML Program promptly after adoption of any such amendment(s) by the Company.
The AML Program. Distributor hereby represents and warrants that Distributor has received a copy of the Funds' AML Program and undertakes to perform all responsibilities imposed on Distributor as a "Service Provider" thereunder. The Funds hereby agree to provide to Distributor any amendment(s) to the AML Program promptly after adoption of any such amendment(s) by the Funds.
The AML Program. The Transfer Agent hereby represents and warrants that the Transfer Agent has received a copy of the Fund's current JHF AML Program and undertakes to perform all responsibilities imposed on the Transfer Agent as a service provider as determined therein. The Fund hereby agrees to provide to the Transfer Agent any amendment(s) to the JHF AML Program promptly after adoption of any such amendment(s) by the Fund.
The AML Program. The Distributor hereby represents and warrants that the Distributor has received a copy of the Company's AML Program and under&es to perform all responsibilities imposed on the Distributor as a "Service Provider" thereunder. The Company hereby agrees to provide to the Distributor any amendment(s) to the AML Program promptly after adoption of any such amendment(s) by the Company.
