Common use of Use of Customer Information Clause in Contracts

Use of Customer Information. You hereby acknowledge and agree that: (a) we are authorized to collect, use, transfer, store, process or otherwise handle information and data relating to you from time to time to administer the Accounts and provide the Services under the Customer Agreement; (b) from time to time, it is necessary for you to supply us with information in connection with the opening or continuation of Accounts and the establishment or continuation of Accounts and Services or provision of Accounts and Services and/or other financial services; (c) failure to supply any information may result in us being unable to open or continue Accounts or establish or continue Accounts and Services or provide Accounts and Services and/or other financial services; (d) it is also the case that information is collected from you in the ordinary course of the continuation of the relationship; for example, when you provide funding, apply for credit or when we obtain information from CRA; (e) information may be used for the following purposes: (i) the provision and daily operation (including without limitation, maintenance and administration) of the Accounts and Services and credit facilities and/or other financial services provided to you; (ii) conducting credit checks (including without limitation, upon an application for consumer credit and upon periodic review of the credit) ; (iii) the comparison of your data with any other data, and use of the results for taking actions which may or may not be adverse to your interests; (iv) assisting other financial institutions to conduct credit checks and collect debts; (v) ensuring your ongoing credit worthiness; (vi) evaluating your potential financial needs, conducting market research, and with your express consent, direct marketing of other financial, insurance or telecommunications services or products, such direct marketing activities may or may not directly relate to your Accounts, the Services and/ or other financial services and may be conducted by us, any Group Company or other carefully selected insurance, financial services or telecommunications service providers; (vii) determining the amount of indebtedness owed to or by you; (viii) collection of amounts outstanding from you and those providing security for your obligations; (ix) internal data processing, preparation of internal statistical reports, sales revenue reports and rebates/soft dollar arrangement analysis and any other reports; (x) commencing, defending or otherwise participating in any legal or administrative proceedings or inquiry before any court or competent authority; (xi) enabling an actual or proposed assignee of us, or participant or sub-participant of our rights in respect of you to evaluate the transaction intended to be the subject of the assignment, participation or sub-participation; (xii) facilitating us in complying with our anti-money laundering obligations; (xiii) ensuring ongoing accuracy and relevance of Personal Information; (xiv) making disclosures as required by all applicable laws, rules, regulations, codes or guidelines and enabling us to discharge our obligation to regulators or other authorities; and (xv) any other purpose to which you may from time to time agree. The above uses may continue after the termination of the Customer Agreement.

Use of Customer Information. You hereby acknowledge and agree that: (a) we are authorized to collect, use, transfer, store, process or otherwise handle information and data relating to you from time to time to administer the Accounts and provide the Services under the Customer Agreement; (b) from time to time, it is necessary for you to supply us with information in connection with the opening or continuation of Accounts and the establishment or continuation of Accounts and Services or provision of Accounts and Services and/or other financial services; (c) failure to supply any information may result in us being unable to open or continue Accounts or establish or continue Accounts and Services or provide Accounts and Services and/or other financial services; (d) it is also the case that information is collected from you in the ordinary course of the continuation of the relationship; for example, when you provide funding, apply for credit or when we obtain information from CRA; (e) information may be used for the following purposes: (i) the provision and daily operation (including without limitation, maintenance and administration) of the Accounts and Services and credit facilities and/or other financial services provided to you; (ii) conducting credit checks (including without limitation, upon an application for consumer credit and upon periodic review of the credit) ; (iii) the comparison of your data with any other data, and use of the results for taking actions which may or may not be adverse to your interests; (iv) assisting other financial institutions to conduct credit checks and collect debts; (v) ensuring your ongoing credit worthiness; (vi) evaluating your potential financial needs, conducting market research, and with your express consent, direct marketing of other financial, insurance or telecommunications services or products, such direct marketing activities may or may not directly relate to your Accounts, the Services and/ or other financial services and may be conducted by us, any Group Company or other carefully selected insurance, financial services or telecommunications service providers; (vii) determining the amount of indebtedness owed to or by you; (viii) collection of amounts outstanding from you and those providing security for your obligations; (ix) internal data processing, preparation of internal statistical reports, sales revenue reports and rebates/soft dollar arrangement analysis and any other reports; (x) commencing, defending or otherwise participating in any legal or administrative proceedings or inquiry before any court or competent authority; (xi) enabling an actual or proposed assignee of us, or participant or sub-participant of our rights in respect of you to evaluate the transaction intended to be the subject of the assignment, participation or sub-participation; (xii) facilitating us in complying with our anti-money laundering obligations; (xiii) ensuring ongoing accuracy and relevance of Personal Information; (xiv) making disclosures as required by all applicable laws, rules, regulations, codes or guidelines and enabling us to discharge our obligation to regulators or other authorities; andand - 61 - ESD-001-E/06 (xv) any other purpose to which you may from time to time agree. The above uses may continue after the termination of the Customer Agreement.

Use of Customer Information. You hereby acknowledge and agree that: (a) we are authorized to collect, use, transfer, store, process or otherwise handle information and data relating to you from time to time to administer the Accounts and provide the Services under the Customer Agreement; (b) from time to time, it is necessary for you to supply us with information in connection with the opening or continuation of Accounts and the establishment or continuation of Accounts and Services or provision of Accounts and Services and/or other financial services; (c) failure to supply any information may result in us being unable to open or continue Accounts or establish or continue Accounts and Services or provide Accounts and Services and/or other financial services; (d) it is also the case that information is collected from you in the ordinary course of the continuation of the relationship; for example, when you provide funding, apply for credit or when we obtain information from CRA; (e) information may be used for the following purposes: (i) the provision and daily operation (including without limitation, maintenance and administration) of the Accounts and Services and credit facilities and/or other financial services provided to you; (ii) conducting credit checks (including without limitation, upon an application for consumer credit and upon periodic review of the credit) ; (iii) the comparison of your data with any other data, and use of the results for taking actions which may or may not be adverse to your interests; (iv) assisting other financial institutions to conduct credit checks and collect debts; (v) ensuring your ongoing credit worthiness; (vi) evaluating your potential financial needs, conducting market research, and with your express consent, direct marketing of other financial, insurance or telecommunications services or products, such direct marketing activities may or may not directly relate to your Accounts, the Services and/ or other financial services and may be conducted by us, any Group Company or other carefully selected insurance, financial services or telecommunications service providers; (vii) determining the amount of indebtedness owed to or by you; (viii) collection of amounts outstanding from you and those providing security for your obligations; (ix) internal data processing, preparation of internal statistical reports, sales revenue reports and rebates/soft dollar arrangement analysis and any other reports; (x) commencing, defending or otherwise participating in any legal or administrative proceedings or inquiry before any court or competent authority; (xi) enabling an actual or proposed assignee of us, or participant or sub-participant of our rights in respect of you to evaluate the transaction intended to be the subject of the assignment, participation or sub-participation; (xii) facilitating us in complying with our anti-money laundering obligations; (xiii) ensuring ongoing accuracy and relevance of Personal Information; (xiv) making disclosures as required by all applicable laws, rules, regulations, codes or guidelines and enabling us to discharge our obligation to regulators or other authorities; andand - 61 - ESD-001-E/07 (xv) any other purpose to which you may from time to time agree. The above uses may continue after the termination of the Customer Agreement.