Common use of Brokerage Confirmation Waiver Clause in Contracts

Brokerage Confirmation Waiver. Parent and Representative acknowledge that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant either the right to receive brokerage confirmations for certain security transactions as they occur, Parent and Representative specifically waive receipt of such confirmations to the extent permitted by law. The Escrow Agent will furnish the Parent and Representative periodic cash transaction statements that include detail for all investment transactions made by the Escrow Agent.

Brokerage Confirmation Waiver. Parent and the Securityholder Representative acknowledge that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant either any of them the right to receive brokerage confirmations for certain security transactions as they occur, Parent and the Securityholder Representative specifically waive receipt of such confirmations to the extent permitted by law. The Escrow Agent will shall furnish the Parent and the Securityholder Representative periodic cash transaction statements that include detail for all investment transactions made by the Escrow Agent.