Common use of USA Patriot Act Information Clause in Contracts

USA Patriot Act Information. The Company and each other Party shall provide to the Escrow Agent such other information as the Escrow Agent may reasonably require to permit the Escrow Agent to comply with its obligations under the federal USA Patriot Act. The Escrow Agent shall not credit any amount of interest or investment proceeds earned on the Subscription Payments, or make any payment of all or a portion of monies held in the escrow account pursuant to this Agreement, to any person unless and until such person has provided to the Escrow Agent such documents as the Escrow Agent may require to permit the Escrow Agent to comply with its obligations under such Act.

Appears in 3 contracts

Samples: Escrow Agreement (Klein Retail Centers, Inc.), Escrow Agreement (Klein Retail Centers, Inc.), Escrow Agreement (Klein Retail Centers, Inc.)

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USA Patriot Act Information. The Company and each other Party shall provide to the Escrow Agent such other information as the Escrow Agent may reasonably require to permit the Escrow Agent to comply with its obligations under the federal USA Patriot Act. The Escrow Agent shall not credit any amount of interest or investment proceeds earned on the Subscription PaymentsPayments pursuant to Section 3, or make any payment of all or a portion of monies held in the by its escrow account pursuant to this Agreement, to any person unless and until such person has provided to the Escrow Agent such documents as the Escrow Agent may require to permit the Escrow Agent to comply with its obligations under such Act.

Appears in 2 contracts

Samples: Subscription Escrow Agreement, Subscription Escrow Agreement (MVP Monthly Income Realty Trust, Inc.)

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