Patriot Act definition
Examples of Patriot Act in a sentence
Each of the Borrowers and the Parent and each Guarantor shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the USA Patriot Act and the Beneficial Ownership Regulation.
Each Lender hereby notifies each Credit Party that pursuant to the requirements of the USA Patriot Act (Title III of Pub.
The Banks shall have received all documentation and other information required by bank regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act and the Beneficial Ownership Regulation (if applicable), to the extent such documentation is requested at least five (5) Business Days prior to the Closing Date.
No proceeds of the Loans will be used by the Borrower and its Subsidiaries (a) in violation of United States Foreign Corrupt Practices Act of 1977, (b) in violation of the Patriot Act or (c) for the purpose of financing the activities of any person that, at the time of the financing, is the target of any US sanctions administered by the Office of Foreign Assets Control of the US Treasury Department (“OFAC”) in violation of applicable sanctions.
In accordance with the requirements of the USA Patriot Act (Title III of Pub.