Access to Reports. Upon any pledge, release, or substitution of Collateral in the Collateral Accounts, Custodian shall notify Party A within one business day of such change. Custodian will provide to Party A a copy of a statement of the Collateral Accounts and the Collateral held therein within five (5) business days of the end of the calendar month; provided, however, that Custodian's failure to forward a copy of such statement to Party A shall not give rise to any liability hereunder.
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Samples: Control Agreement (Platinum Underwriters Holdings LTD), Quota Share Retrocession Agreement (Platinum Underwriters Holdings LTD), Quota Share Retrocession Agreement (Platinum Underwriters Holdings LTD)
Access to Reports. Upon any pledge, release, or substitution of Collateral in the Collateral AccountsAccount, Custodian shall notify Secured Party A within one business day of such change. The Custodian will provide to Secured Party A a copy of a statement of the Collateral Accounts and the Collateral held therein Account within five (5) business days of the end of the calendar month; provided, however, that the Custodian's ’s failure to forward a copy of such statement to Secured Party A shall not give rise to any liability hereunder.
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Samples: Control Agreement
Access to Reports. Upon any pledge, release, or substitution of Collateral in the Collateral AccountsAccount, Custodian shall notify Secured Party A within one business day of such change. The Custodian will provide to Secured Party A a copy of a statement of the Collateral Accounts and the Collateral held therein Account within five (5) business days of the end of the calendar month; provided, however, however that the Custodian's failure to forward a copy of such statement to Secured Party A shall not give rise to any liability hereunder.
Appears in 1 contract
Access to Reports. Upon any pledge, release, or substitution of Collateral in the Collateral Accounts, Custodian shall notify Party A within one business day of such change. The Custodian will provide to Party A a copy of a statement of the Collateral Accounts and the Collateral held therein within five (5) business days of the end of the calendar month; provided, however, that the Custodian's ’s failure to forward a copy of such statement to Party A shall not give rise to any liability hereunder.
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