Examples of KYC Requirements in a sentence
If at any time, the Authorised Representative (or any replacement Authorised Representative) ceases to satisfy any of the relevant KYC Requirements of the Issuer, the Swap Counterparty and the other Transaction Counterparties, the appointment of such Authorised Representative shall cease with immediate effect.
The Merchant shall fully cooperate with Servicer’s initial and ongoing requests for documentation and information and undertakes to assist Servicer in the verification and compliance with the KYC Requirements as shall be required, including by providing any required documentation and other information, executing any required agreements, instruments and other certifications.
KYC Requirements may be updated or supplemented from time to time and may vary between Services.
For purposes of this subsection, and in connection with all applicable KYC Requirements, the Fund is the “client” or “customer” of the Administrator.
The Sponsor further represents that it (or its duly appointed agent) will perform all obligations required under applicable KYC Requirements with respect to Fund shareholders (“Customers”) and that, because these customers do not constitute “customers” or “clients” of the Administrator under such applicable rules and regulations, the Administrator is under no such similar obligations.