Common use of Customer Due Diligence Clause in Contracts

Customer Due Diligence. a. In order to use the Services, Company must provide the necessary information (as prompted through the Jeeves Account or as otherwise requested by ▇▇▇▇▇▇) to register and create a Jeeves Account profile. If required by Jeeves, Company must provide the bank account details to be linked to its Jeeves profile. b. To meet ▇▇▇▇▇▇’s obligations under Applicable Law, before Jeeves provides the Services to Company, Jeeves may carry out customer due diligence checks on Company, its directors, partners, ultimate beneficial owners, employees and/or Authorised Users (as relevant), together with any third parties involved in Company’s transactions. Company must provide Jeeves with complete, accurate, and up to date information at all times. Company will promptly provide any additional information Jeeves requires at any time, at the latest within two Business Days of a request from Jeeves. Company acknowledges that Jeeves may not provide or continue to provide Company with any of Jeeves’s Services until ▇▇▇▇▇▇ has received all the information Jeeves requires. ▇▇▇▇▇▇ will not be responsible for any loss arising out of Company’s failure to do so. c. Company agrees that Jeeves may make, directly or using a third party, any inquiries Jeeves believes are necessary to verify information Company provides to Jeeves or collected by Jeeves about Company, its Affiliates and Personnel, including checking commercial databases or credit reports (where permitted by Applicable Law). Company hereby confirms that such third parties are authorised to provide Customer information to Jeeves in accordance with the Jeeves Global Privacy Policy. d. Company agrees that ▇▇▇▇▇▇’s provision of, and Company’s ability to use, the Services is subject at all times to: (i) successful completion of the initial, and any subsequent, customer due diligence (including credit evaluations); and (ii) there being no material changes to Company’s credit status during the term of this Agreement.

Customer Due Diligence. a. 1. In order to use the Services, Company must provide the necessary information (as prompted through the Jeeves Account or as otherwise requested by ▇▇▇▇▇▇) to register and create a Jeeves Account profile. If required by Jeeves, Company must provide the bank account details to be linked to its Jeeves profile. b. 2. To meet ▇▇▇▇▇▇’s obligations under Applicable Law, before Jeeves provides the Services to Company, Jeeves may carry out customer due diligence checks on Company, its directors, partners, ultimate beneficial owners, employees and/or Authorised Users (as relevant), together with any third parties involved in Company’s transactions. Company must provide Jeeves with complete, accurate, and up to date information at all times. Company will promptly provide any additional information Jeeves requires at any time, at the latest within two Business Days of a request from Jeeves. Company acknowledges that Jeeves may not provide or continue to provide Company with any of Jeeves’s Services until ▇▇▇▇▇▇ has received all the information Jeeves requires. ▇▇▇▇▇▇ will not be responsible for any loss arising out of Company’s failure to do so. c. 3. Company agrees that Jeeves ▇▇▇▇▇▇ may make, directly or using a third party, any inquiries Jeeves ▇▇▇▇▇▇ believes are necessary to verify information Company provides to Jeeves or collected by Jeeves about Company, its Affiliates and Personnel, including checking commercial databases or credit reports (where permitted by Applicable Law). Company hereby confirms that such third parties are authorised to provide Customer information to Jeeves in accordance with the Jeeves Global Privacy Policy. d. 4. Company agrees that ▇▇▇▇▇▇’s provision of, and Company’s ability to use, the Services is subject at all times to: (i) successful completion of the initial, and any subsequent, customer due diligence (including credit evaluations); and (ii) there being no material changes to Company’s credit status during the term of this Agreement.