“Know Your Customer” Checks Sample Clauses

“Know Your Customer” Checks. (a) If (i) the introduction of, or any change in (or in the interpretation, administration or application of), any law or regulation made after the Original Effective Date, (ii) any change in the status of an Obligor or the composition of the shareholders of an Obligor after the Original Effective Date or (iii) a proposed assignment or transfer by a Lender of any of its rights and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer, obliges the Administrative Agent or any Lender (or, in the case of clause (iii) above, any prospective new Lender) to comply withknow your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, each Obligor shall promptly upon the request of the Administrative Agent or any Lender supply, or ensure the supply of, such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in clause (iii) above, on behalf of any prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in clause (iii) above, any prospective new Lender, to carry out and be satisfied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Finance Documents.
AutoNDA by SimpleDocs
“Know Your Customer” Checks. If in connection with (a) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made after the date hereof, (b) any change in the status of a Loan Party after the date hereof, (c) the addition of any Guarantor pursuant to Section 5.10 or Section 7.01(b) or (d) any proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party that was not previously a Lender hereunder, the Administrative Agent or any Lender (or, in the case of clause (d) above, any prospective Lender) requires additional information in order to comply withknow your customer” or similar identification procedures, each Loan Party shall, promptly upon the request of the Administrative Agent or such Lender, provide such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself or on behalf of any Lender) or such Lender (for itself or, in the case of the event described in clause (d) above, on behalf of any prospective Lender) in order for the Administrative Agent, such Lender or such prospective Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents.
“Know Your Customer” Checks. 20.12.1 If:
“Know Your Customer” Checks. The Borrower will promptly upon the request of any Lender or the Administrative Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by such Lender or the Administrative Agent (for itself or on behalf of any Participant) in order for the Administrative Agent, such Lender or any Participant or Assignee to conduct any “know your customer” or other similar procedures under applicable laws and regulations.
“Know Your Customer” Checks. Each Guarantor will promptly upon the request of the Company from time to time, supply, or procure the supply of, such documentation and other evidence with respect to such Guarantor as is reasonably requested by the Company in order for the Company to conduct any “know your customer” or other similar procedures under applicable laws and regulations.
“Know Your Customer” Checks. The Guarantee Holder shall perform and comply with all necessary “know your customer” or other similar checks under all applicable laws and regulations in relation to the financing of the Export Transaction and become satisfied with such findings and results accordingly. The Guarantee Holder shall notify Finnvera if carrying out such checks in relation to the Credit it becomes aware of any such thing that could have an adverse effect to the financing of the Export Transaction or that might have a negative impact on Finnvera or FEC.
“Know Your Customer” Checks. (a) Each of the Borrower and the Guarantors shall promptly upon the request of the Facility Agent supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Facility Agent (for itself or on behalf of any Lender (including for any Lender on behalf of any prospective new Lender)) in order for the Facility Agent, such Lender or any prospective new Lender to conduct any "know your customer" or other similar procedures under applicable laws and regulations.
AutoNDA by SimpleDocs
“Know Your Customer” Checks. The Borrower shall (and the Borrower shall procure that each other Obligor will) promptly upon the request in writing of the Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Lender (including for the Lender on behalf of any prospective assignee or transferee lender) in order for the Lender or any such prospective new assignee or transferee lender to conduct all “know your customer” or other similar procedures that it is required (or deems desirable) to conduct.
“Know Your Customer” Checks. (a) Each Obligor and the Parent shall promptly upon the request of the Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested by the Agent, the Security Agent (for itself or on behalf of any Lender), the Security Agent or any Lender (for itself or, in the case of any proposed assignment or transfer by a Lender of any of its rights and/or obligations under this Agreement to a party that is not a Lender prior to such assignment or transfer (a Proposed Assignment or Transfer), on behalf of any prospective assignee or transferee of that Lender) in order for the Agent, such Security Agent, such Lender or, in the case of any Proposed Assignment or Transfer, any prospective assignee or transferee of a Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Finance Documents.
“Know Your Customer” Checks. The Borrower shall promptly provide, upon written request of the Lender, any information that the Lender may be required to obtain, verify and record with respect to the Borrower (including information relating to its directors) under Applicable Laws with respect to client identification and anti-money laundering.
Time is Money Join Law Insider Premium to draft better contracts faster.