Common use of YOUR CUSTOMER Clause in Contracts

YOUR CUSTOMER. Subject to any confidentiality, privacy or general trust law obligations owed by The Bank of New York to Offered Noteholders or by Perpetual Trustee Company Limited to Noteholders and any applicable confidentiality or privacy laws, each party ("INFORMATION PROVIDER") agrees to provide any information and documents reasonably required by another party for that other party to comply with any applicable anti-money laundering or counter-terrorism financing laws including, without limitation, any laws imposing "know your customer" or other identification checks or procedures on a party, but only to the extent that such information is in the possession of, or otherwise readily available to, the Information Provider. Any party may decline to perform any obligation under the Transaction Documents to the extent that it forms the view, in its reasonable opinion, that notwithstanding that it has taken all reasonable steps to comply with such anti-money laundering or counter-terrorism financing laws, it is required to decline to perform those obligations under any such laws.

Appears in 3 contracts

Sources: Agency Agreement (Medallion Trust Series 2007-1g), Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Advisory Services Pty LTD)