Know Your Customers Sample Clauses
Know Your Customers. If:
(a) any Change in Law;
(b) any change in the status of any Guarantor after the date of this Guaranty;
(c) any change in the applicable internal requirements of the Administrative Agent or the applicable Lender; or
(d) a proposed assignment or transfer by a Lender of any of its rights and obligations under the Credit Agreement to a party that is not a Lender prior to such assignment or transfer, requires the Administrative Agent or any Lender (or, in the case of paragraph (d) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, each Guarantor shall promptly upon the request of the Administrative Agent or such Lender supply, or procure 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 such Lender (for itself or, in the case of the event described in paragraph (d) 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 paragraph (d) above, such prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all Laws applicable to the transactions contemplated in this Guaranty.
Know Your Customers. (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 date of this Agreement;
(ii) any change in the status of a Borrower or the composition of the shareholders of a Borrower after the date of this Agreement; 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, obligates the Administrative Agent or any Lender (or, in the case of paragraph (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Applicable Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or cause to be supplied, 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 paragraph (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 paragraph (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.
(b) Each Lender shall promptly upon the request of the Administrative Agent supply such documentation and other evidence as is reasonably requested by the Administrative Agent (for itself) in order for the Administrative Agent 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.
(c) Following the designation of any Subsidiary Borrower pursuant to Section 2.20, if the addition of such Subsidiary Borrower obligates the Administrative Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it, the Borrower shall promptly upon the request of the Administrative Agent or any Lender supply, or cause to be supplied, 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 o...
Know Your Customers. 98 11.19 Time of the Essence .......................................................................................................... 98 11.20 Judgment Currency ........................................................................................................... 98 11.21
Know Your Customers. Know Your Customers is the collection of information and evidence or documents which verifies the identity of the customers by the reporting entities while providing service or establishing business relationships as specified in Article 7 of this agreement and is recorded or copied sufficiently and correctly as it must be stored as specified in Article 21 and 28 of the Law on AML/CFT.
Know Your Customers