AML Compliance definition

AML Compliance. Compliance with the Cayman AML Regulations.
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AML Compliance means compliance with the Cayman AML Regulations.
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AML Compliance means compliance with the Cayman AML Regulations. “Applicable Issuer” means, with respect to any Class, the Issuers or the Issuer, asspecified in Section 2.3.
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Examples of AML Compliance in a sentence

  • The AML Compliance Officer shall report directly to the President of the Fund.

  • Except as otherwise provided herein, the AML Compliance Officer and the AML Compliance Committee shall work together to facilitate the performance of the responsibilities assigned to the AML Compliance Officer.

  • The AML Compliance Officer's contact information is set forth in Appendix B.

  • The AML Compliance Officer shall retain records memorializing this evaluation.

  • Copies of the report shall promptly be provided to the AML Compliance Officer and each Fund's Board of Directors for their review and consideration and may be provided to the AML Compliance Committee.

  • The AML Compliance Officer shall attend, and the Funds shall require that other members of the AML Compliance Committee and all relevant employees of the Service Providers to whom the Fund has delegated compliance with this AML Program to attend, anti-money laundering training no less frequently than annually.

  • Fund officers and such other persons designated by the AML Compliance Officer shall be required, on an annual basis, to certify their knowledge of, and compliance with, the Fund's AML Program.

  • If the AML Compliance Officer is notified by a Service Provider that the above procedures cannot be adequately performed, the AML Compliance Officer shall consult with the Service Provider to determine what course of action, if any, should be followed.

  • The AML Compliance Officer shall report to each Fund's Board of Directors no less frequently than annually regarding the delegation by the Fund of the implementation of this AML Program to any Service Provider and the AML Compliance Officer's evaluation of each such Service Provider's anti-money laundering program.

  • As more particularly described in this AML Program, the AML Compliance Officer shall have overall responsibility to administer and oversee the AML Program.


More Definitions of AML Compliance

AML Compliance means compliance with the Cayman AML Regulations. "AML Services Agreement" means the agreement between the Issuer and MCSL
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AML Compliance means compliance with the Cayman AML Regulations or the Jersey AML Regulations, as applicable.
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AML Compliance means compliance with the Cayman AML Regulations. "Applicable Issuer" means, with respect to any Class of Notes, the Issuers or the Issuer,as specified in Section 2.3 and with respect to the Income Notes, the Income Note Issuer.
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AML Compliance. Compliance with the Cayman AML Regulations. “AML Services Agreement”: The agreement between the Issuer and the AML Services Provider (as amended from time to time) for the provision of services to the Issuer to enable the Issuer to achieve AML Compliance. “AML Services Provider”: Intertrust SPV (Cayman) Limited, a company incorporated in the Cayman Islands with its principal office at One Nexus Way, Camana Bay, Grand Cayman KY1-9005, Cayman Islands. “Applicable Approved Index”: With respect to each Collateral Obligation, one of the indices in the Approved Index List as selected by the Collateral Manager (with notice to the Collateral Administrator) upon the acquisition of such Collateral Obligation; provided, that the Collateral Manager may change the index applicable to a Collateral Obligation to any other index on the Approved Index List at any time following the acquisition thereof after giving notice to the Trustee and the Collateral Administrator. “Applicable Issuer” or “Applicable Issuers”: With respect to the Co-Issued Notes, the Co-Issuers; with respect to the Issuer Only Notes, the Issuer only; and with respect to any additional notes issued in accordance with Sections 2.13 and 3.2, the Issuer and, if such notes are co-issued, the Co-Issuer. “Approved Index List”: The nationally recognized indices specified in Schedule 4 hereto as amended from time to time by the Collateral Manager to add one or more nationally recognized indices and/or remove one or more indices from such list with prior notice of any amendment to the Rating Agency in respect of such amendment and a copy of any such amended Approved Index List to the Collateral Administrator. “Approved Issuer Subsidiary Liquidation”: A liquidation or winding up of an Issuer Subsidiary that is directed by the Issuer (or the Collateral Manager on the Issuer’s behalf) because the Issuer Subsidiary no longer holds any assets. “Approved Loan Pricing Service”: Any of (a) the Loan Pricing Corporation, Loan X Xxxx It Partners, FT Interactive, Bridge Information Systems, KDP, IDC or (b) any other nationally recognized loan pricing service (i) selected by the Collateral Manager and (ii) notified to the Rating Agency at least ten (10) Business Days’ prior to its provision of any bid price.
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AML Compliance. Compliance with the Cayman AML Regulations. “Authorized Denomination”: Any integral number of Preferred Shares equal to or greater than 250 shares and integral multiples of one share in excess thereof. “Available Funds”: With respect to each Payment Date, the amount (if any) of distributions received by the Preferred Share Paying Agent from the Issuer or the Trustee under the Priority of Payments under the Indenture for payments on the Preferred Shares. “Bank”: Xxxxx Fargo Bank, National Association, a national banking association. “Benefit Plan Investor”: (A) An “employee benefit plan” (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (B) a “plan” within the meaning of Section 4975(e)(1) of the Code that is subject to Section 4975 of the Code, or (C) any entity whose underlying assets include “plan assets” by reason of such employee benefit plan’s or plan’s investment in the entity or otherwise. “Business Day”: Each Business Day under the Indenture. “Cayman AML Regulations”: The Anti-Money Laundering Regulations (2018 Revision) and The Guidance Notes on the Prevention and Detection of Money Laundering and Terrorist Financing in the Cayman Islands, each as amended and revised from time to time. “Class P Preferred Share”: The Class P Preferred Shares issued by the Issuer pursuant to the Memorandum and Articles. -2-
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AML Compliance. Compliance with the Jersey AML Regulations.
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Related to AML Compliance

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Non-Compliance means failure/refusal to comply the terms and conditions of the tender;

  • Covenant Compliance Event means that Excess Availability at any time is less than the greater of (a) ten (10%) percent of the Line Cap or (b) $7,000,000. For purposes hereof, the occurrence of a Covenant Compliance Event shall be deemed continuing until Excess Availability has exceeded the amounts set forth above for thirty (30) consecutive days, in which case a Covenant Compliance Event shall no longer be deemed to be continuing for purposes of this Agreement. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.