Common use of Know Your Customers Clause in Contracts

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.

Appears in 2 contracts

Sources: Sustainability Linked Revolving Credit Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.), Sustainability Linked Revolving Credit Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.)

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 the Lender of any of its rights and obligations under the Credit Loan Agreement to a party that is not a Lender prior to such assignment or transferanother party, requires the Administrative Agent or any Lender (or, in the case of this 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 this paragraph (d) above), on behalf of any the prospective new Lender) in order for the Administrative Agent, such Lender or, in the case of the event described in this 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. [Remainder of Page Intentionally Left Blank. Signature Pages Follow.]

Appears in 1 contract

Sources: Loan Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.)