11/19/2023 0 Comments Swift note collateralUnless all of the Sellers and the Buyer shall have otherwise agreed, cash payments of purchase price shall be allocated, first, to the purchase price in respect of the Receivables, Related Security and Collections sold by Sellers (if any) other than the Originator, ratably, and second, to the purchase price in respect of the Receivables, Related Security and Collections sold by the Originator. You should review your particular circumstances with your independent legal and tax advisors.(b) On the Initial Funding Date, Buyer shall pay the applicable Seller the purchase price for the Receivables, the Related Security and related Collections sold on that date except that the Buyer may, with respect to any purchase, offset against such purchase price any amounts owed by such Seller to the Buyer hereunder and which remain unpaid. and its affiliates do not provide legal or tax advice to clients. This information is being used to support the promotion or marketing of the planning strategies discussed herein. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is not intended to be tax or legal advice. Please review the privacy and security policies of web sites reached through links from BMO web sites. Links to other web sites do not imply the endorsement or approval of such web sites. Third party web sites may have privacy and security policies different from BMO. If the requested information is not provided within 30 calendar days, the account will be subject to closure. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third party vendors. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. We may also ask you to provide a copy of your driver's license or other identifying documents. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. 107 56 signed into law October 26, 2001) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. and other countries.Īndroid, Google Play, and the Google Play logo are trademarks of Google Inc.īanking products and services are subject to bank and credit approval and are provided in the United States by BMO Bank N.A. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. App Store is a service mark of Apple Inc.
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