Common use of Brokerage Confirmations Clause in Contracts

Brokerage Confirmations. The Borrower acknowledges that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant the Borrower the right to receive brokerage confirmations of security transactions under the Indenture, the Borrower specifically waives receipt of such confirmations to the extent permitted by law. The Trustee is required under the Indenture to furnish the Borrower with periodic cash transaction statements which include detail for all securities transactions made by the Trustee on behalf of the Borrower thereunder. [End of the Loan Agreement]

Brokerage Confirmations. The Borrower acknowledges that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant the Borrower the right to receive brokerage confirmations of security transactions under the Indenture, the Borrower specifically waives receipt of such confirmations to the extent permitted by law. The Trustee is required under the Indenture to furnish the Borrower with periodic cash transaction statements which include detail for all securities transactions made by the Trustee on behalf of the Borrower thereunder. [End of the Loan Agreement].