Common use of Brokerage Confirmations Clause in Contracts

Brokerage Confirmations. The parties acknowledge that to the extent regulations of the Comptroller of Currency or other applicable regulatory entity grant a right to receive brokerage confirmations of security transactions of the escrow, the parties waive receipt of such confirmations, to the extent permitted by law. The Escrow Agent shall furnish a statement of security transactions on its regular monthly reports.

Appears in 8 contracts

Samples: Escrow Agreement (Apparel Holding Corp.), Merger Agreement (Quanex Corp), Escrow Agreement (Comarco Inc)

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Brokerage Confirmations. The parties acknowledge that to the extent regulations of the Comptroller of Currency or other applicable regulatory entity entities grant a right to receive brokerage confirmations of security transactions of the escrowEscrow, the parties waive receipt of such confirmations, confirmations to the extent permitted by law. The Escrow Agent shall furnish a statement of security transactions on its regular monthly reports.

Appears in 1 contract

Samples: Ipo Escrow Agreement (Rodi Power Systems Inc)

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