Common use of Account Opening Information Clause in Contracts

Account Opening Information. To assist the government in preventing the funding of terrorism and money laundering activities, pursuant to federal law the Escrow Agent is required to obtain, verify and record certain information that identifies each person or entity opening an escrow account. As such, concurrently with the execution of this Agreement, each of the Company, the Sellers' Representative, the Sellers, and Buyer shall provide any information requested by the Escrow Agent that will allow the Escrow Agent to identify each of the parties to this Agreement.