KYC Checks definition

KYC Checks means the “know-your-client” and other regulatory checks which the Issuer, the Swap Counterparty and the other Transaction Counterparties are required to complete (whether as a matter of regulation or internal policy) before making payments or having a commercial relationship with a person.

KYC Checks means know-your-customer checks as required by the applicable laws, including but not limited to any applicable anti-money laundering rules and any applicable countering the financing of terrorism rules.

KYC Checks means the Lender’s ‘know your customer’ or similar identification and verification checks and procedures required for the Lender to comply with the Anti-Money Laundering and Counter Terrorism Financing Act 2006 (Cth), the Anti-Money Laundering and Counter Terrorism Financing Rules and any other law or regulation of Australia or comparable law or regulation of another country, and to manage anti-money laundering, counter terrorism financing or economic and trade sanctions risk.

Examples of KYC Checks in a sentence

• Each Lender must promptly upon the Agent’s request supply to the Agent any documentation or other evidence that is reasonably required by the Agent to carry out and be satisfied with the results of all Applicable KYC Checks.

• If so specified, such Authorised Representative will at all times act for and on behalf of the Noteholders and may be replaced, subject to the completion by the Issuer, the Swap Counterparty and the other Transaction Counterparties of all relevant KYC Checks and account opening procedures in respect of such replacement, by Extraordinary Resolution or the direction in writing to the Issuer and each Transaction Counterparty of a 100% Noteholder.

• If a customer cannot complete ID Verification or has failed ID Verification please follow the process below Search quotation Click ‘Create Activity’ And select ‘Manual KYC Checks Required’ From the drop down select ‘ KYC Additional Information’ Select ‘Browse’ and upload the DL/Passport Select ‘Attach file’ and ‘Send’ **PCH Proofs must be uploaded to original quote where customer was approved/credit load** KYC will manually review DL and advice you once approved (like a normal credit decision).

• Completion of KYC Checks by the Offeror on the relevant Interim Key Investor Applicant or Interim Investor Applicant, as applicable.

• Completion of KYC Checks by the Offeror on the relevant Holders who have been allocated the Tranche C Perpetual Bonds.

• Completion of the Financier's KYC Checks in respect of the Additional Obligor and any other person for whom the Financier reasonably believes that an applicable customer identification procedure must be conducted in connection with the Finance Documents and the transactions contemplated by those documents.

• Queries in relation to the submission of KYC information and completion of KYC Checks in respect of the Exchange Offers should be directed to the Exchange Agent at the following contact details: xx_xxx@xxxxxxxxxx.xxx.

• Each Lender must promptly upon the Facility Agent’s request supply to the Facility Agent any documentation or other evidence that is reasonably required by the Facility Agent to carry out and be satisfied with the results of all applicable KYC Checks.

• All documents and other evidence reasonably requested by the Financier to enable the Financier to carry out all credit checks and satisfy all necessary KYC Checks and its obligations under AML/CTF Laws in relation to each Obligor and each of its Authorised Officers under all applicable laws and regulations where such information is not already available to the Financier.

• Adventus requires a Know Your Customer (KYC) Checks, as stated by Ms. Gujrati.

More Definitions of KYC Checks

KYC Checks means obtaining information from a Person to verify the identity and address (and, where applicable, ownership and control) of the Person concerned (to the standard required by any law or regulation to which the Group Company is subject and the UK Financial Conduct Authority regulations) and to ensure that the person concerned is not a Prohibited Person;

KYC Checks means the Financier’s ‘know your customer’ or similar identification and verification checks and procedures required for the Financier to comply with any AML/CTF Laws, and to manage anti-money laundering, counter-terrorism financing or economic and trade sanctions risk.

KYC Checks means the checking of KYC information by the Escrow Agent based on the required information to be submitted by Holders as set out in the relevant Acknowledgement, Undertaking and Subscription Form

KYC Checks means, for a Beneficiary, the Beneficiary's 'know your customer' or similar identification and verification checks and procedures required for the Security Trustee to comply with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth), the Anti-Money Laundering and Counter-Terrorism Financing Rules and any other law or regulation of Australia or comparable law or regulation of another country, and to manage anti-money laundering, counter- terrorism financing or economic and trade sanctions risk. Lender has the meaning given to that term in the Credit Agreement.

KYC Checks means all and any requests for evidence of identity and/or creditworthiness and/or steps and or processes (including verification through third party providers) taken to verify any or all of the same, and all information requested by any of the Banks and/or us whether in relation to “Know Your Client” obligations, or legal or regulatory requirements in relation to Money Laundering Regulations and/or in relation to Account opening or maintenance requirements of any of the Banks and/or us;