Common use of Compliance with Patriot Act Clause in Contracts

Compliance with Patriot Act. In order to comply with laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering (“Applicable Law”), each of the Owner Trustee and the Certificate Paying Agent is required to obtain, verify and record certain information relating to individuals and entities which establish or maintain a business relationship with the Owner Trustee or Certificate Paying Agent, as applicable. Accordingly, the Seller shall cause to be provided to the Owner Trustee or Certificate Paying Agent, as applicable, upon its reasonable request from time to time such identifying information and documentation as may be available to the Seller in order to enable the Owner Trustee and the Certificate Paying Agent to comply with Applicable Law.