Anti-Money Laundering and Countering the Financing of Terrorism Sample Clauses

Anti-Money Laundering and Countering the Financing of Terrorism. (a) You acknowledge that we and our Affiliates are required to act in accordance with the Applicable Laws which relate to the prevention of money laundering, terrorist financing and the provision of financial and other services to any persons or entities which may be subject to sanctions. We and/or our Affiliates may take any action in accordance with or by reference to all such Applicable Laws.
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Anti-Money Laundering and Countering the Financing of Terrorism. If the Contracting Party has any one of the following circumstances, the Bank may directly suspend disbursement or terminate the Agreement to comply with laws and regulations relating to anti-money laundering and countering the financing of terrorism (AML/CFT):
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Anti-Money Laundering and Countering the Financing of Terrorism. 24.1 You represent that the User’s Funds in your Account were not and are not directly or indirectly derived from activities that may contravene Applicable Laws in Singapore or otherwise, including but not limited to Applicable Laws relating to anti-money laundering and countering the financing of terrorism.
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Anti-Money Laundering and Countering the Financing of Terrorism. We are required to undertake client due diligence as directed by the Isle of Man Anti-Money Laundering and Countering the Financing of Terrorism Code 2015 (as amended 2018). In the event of a delay in your provision of necessary information and documentation required to complete client due diligence, Chancery Advisors will not be responsible for any loss incurred due to the delay in investing client monies or arranging protection policies.
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Anti-Money Laundering and Countering the Financing of Terrorism. The Bank may take whatever action it considers appropriate to meet any obligations, either in Singapore or elsewhere, relating to any law or regulation, order of court of the relevant jurisdiction, exchange controls or currency restrictions or sanctions legislation, or applicable regulations and legislation concerning anti-money laundering and countering the financing of terrorism (“AML / CFT Regulations”). For the avoidance of doubt, this includes (without limitation) the conduct of know-your- client procedures, customer due diligence, screening, transaction monitoring and the making of relevant inquiries with such persons as the Bank may deem appropriate for the purposes of satisfying its responsibilities under the AML / CFT Regulations. The Bank shall not be responsible to the Customer or any third party for any loss incurred as a result of the Bank taking such action. In this connection, the Bank may request, and the Customer undertakes to provide, all necessary assistance, information and documentation for the Bank to satisfy such requirements. The Customer represents and warrants that any information or documentation provided by the Customer to the Bank pursuant to this Agreement or otherwise shall be true, accurate, complete and not misleading. For the avoidance of doubt, the Bank may in its discretion decline to provide any Facility, services or carry out any transactions to the Customer where the Customer fails to provide any such assistance, information or documentation to the satisfaction of the Bank. The Bank shall not be liable for any cost, damage or expense incurred by the Customer or any of the Customer’s Affiliates, the Customer’s beneficial owners, senior managers, associated parties (for example, agents, representatives, co-borrowers, guarantors, joint guarantor, co-issuer, debtor of negotiable instruments, joint debtor, security provider and authorized persons) and counterparties (collectively "Customer's Associated Parties") for the purpose of complying with the AML / CFT Regulations. The Customer agrees to indemnify the Bank and hold the Bank harmless on demand against all and any losses, costs and expenses it may incur or be liable for as a result of any suspicion, allegation or report of money laundering arising in connection with any Facility Document, transaction document or any transaction, or any other agreement with the Bank.
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Related to Anti-Money Laundering and Countering the Financing of Terrorism

  • Anti-Terrorism; Anti-Money Laundering No Credit Party nor any of its Subsidiaries or, to their knowledge, any of their Related Parties (i) is an “enemy” or an “ally of the enemy” within the meaning of Section 2 of the Trading with the Enemy Act of the United States (50 U.S.C. App. §§ 1 et seq.), (ii) is in violation of (A) the Trading with the Enemy Act, (B) any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V) or any enabling legislation or executive order relating thereto or (C) the PATRIOT Act (collectively, the “Anti-Terrorism Laws”) or (iii) is a Sanctioned Person. No part of the proceeds of any Extension of Credit hereunder will be unlawfully used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country, or in any other manner that will result in any violation by any Person (including any Lender, the Arranger, the Administrative Agent, the Collateral Agent, the Issuing Lender or the Swingline Lender) of any Anti-Terrorism Laws.

  • Anti-Terrorism Law; Anti-Money Laundering (a) Directly or indirectly, (i) knowingly conduct any business or engage in making or receiving any contribution of funds, goods or services to or for the benefit of any person described in Section 3.22, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order or any other Anti-Terrorism Law, or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law (and the Loan Parties shall deliver to the Lenders any certification or other evidence requested from time to time by any Lender in its reasonable discretion, confirming the Loan Parties’ compliance with this Section 6.20).

  • Anti-Money Laundering To help the United States government fight the funding of terrorism and money laundering, the federal laws of the United States requires all financial institutions to obtain, verify and record information that identifies each person with whom they do business. This means we must ask you for certain identifying information, including a government-issued identification number (e.g., a U.S. taxpayer identification number) and such other information or documents that we consider appropriate to verify your identity, such as certified articles of incorporation, a government-issued business license, a partnership agreement or a trust instrument.

  • Anti-Money Laundering Compliance A. Each of Distributor and Client acknowledges that it is a financial institution subject to the USA PATRIOT Act of 2001 and the Bank Secrecy Act (collectively, the “AML Acts”), which require, among other things, that financial institutions adopt compliance programs to guard against money laundering. Each represents and warrants to the other that it is in compliance with and will continue to comply with the AML Acts and applicable regulations in all relevant respects.

  • Anti-Money Laundering Program The Distributor represents and warrants that it (a) has adopted an anti-money laundering compliance program ("AML Program") that satisfies the requirements of all applicable laws and regulations; and (b) will notify the Trust promptly if an inspection by the appropriate regulatory authorities of its AML Program identifies any material deficiency, and will promptly remedy any material deficiency of which it learns.

  • Compliance with Anti-Terrorism, Embargo, Sanctions and Anti-Money Laundering Laws Each Borrower and Operating Lessee shall comply with all Legal Requirements relating to money laundering, anti-terrorism, trade embargoes and economic sanctions, now or hereafter in effect. Upon Lender’s request from time to time during the term of the Loan, each Borrower and Operating Lessee shall certify in writing to Lender that such Borrower’s or Operating Lessee’s, as applicable, representations, warranties and obligations under Section 4.1(NN) and this Section remain true and correct and have not been breached. Each Borrower and Operating Lessee shall immediately notify Lender in writing if any representations, warranties or covenants are no longer true or have been breached or if such Borrower or Operating Lessee has a reasonable basis to believe that they may no longer be true or have been breached. In connection with such an event, such Borrower or Operating Lessee shall comply with all Legal Requirements and directives of Governmental Authorities and, at Lender’s request, provide to Lender copies of all notices, reports and other communications exchanged with, or received from, Governmental Authorities relating to such an event. Borrowers and Operating Lessee shall also promptly reimburse to Lender any and all costs and expenses incurred by Lender in evaluating the effect of such an event on the Loan and Lender’s interest in the collateral for the Loan, in obtaining any necessary license from Governmental Authorities as may be necessary for Lender to enforce its rights under the Loan Documents, and in complying with all Legal Requirements applicable to Lender as the result of the existence of such an event and for any penalties or fines imposed upon Lender as a result thereof.

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