Common use of Borrower Identification Clause in Contracts

Borrower Identification. Lender hereby notifies Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56) (the “Act”), it is required to obtain, verify and record information that identifies each borrower, guarantor or grantor (the “Loan Parties”), which information includes the name and address of each Loan Party and other information that will allow Lender to identify such Loan Party in accordance with the Act.

Borrower Identification. Lender The Bank hereby notifies the Borrower that pursuant to the requirements of the USA PATRIOT Patriot Act (Title III of Pub. L. 107-56) (the “Act”), it is required to obtain, verify and record information that identifies each borrower, guarantor or grantor (the “Loan Parties”), which information includes the name and address of each Loan Party and other information that will allow Lender the Bank to identify such Loan Party in accordance with the Act.