Common use of Confirmation Execution Required Clause in Contracts

Confirmation Execution Required. If Seller or Buyer has not received the FTA's Confirmation Statement within 24 hours after communication of the executed Transaction Confirmation to FTA, such party shall contact FTA and the other party by telephone regarding such non-receipt. The parties acknowledge that their agreement will not be binding until FTA executes its FTA Confirmation Statement and communicates a copy of such to Buyer and to Seller.

Appears in 2 contracts

Samples: Funds Transfer Agent Agreement, Funds Transfer Agent Agreement

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Confirmation Execution Required. If Seller or Buyer has not received the FTA's 63 Confirmation Statement within 24 hours after communication of the executed Transaction Confirmation to 64 FTA, such party shall contact FTA and the other party by telephone regarding such non-receipt. The 65 parties acknowledge that their agreement will not be binding until FTA executes its FTA Confirmation 66 Statement and communicates a copy of such to Buyer and to Seller.

Appears in 1 contract

Samples: Funds Transfer Agency Agreement

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Confirmation Execution Required. If Seller or Buyer has not received the FTA's 67 Confirmation Statement within 24 hours after communication of the executed Transaction 68 Confirmation to FTA, such party shall contact FTA and the other party by telephone regarding 69 such non-receipt. The parties acknowledge that their agreement will not be binding until FTA 70 executes its FTA Confirmation Statement and communicates a copy of such to Buyer and to Seller.

Appears in 1 contract

Samples: Funds Transfer Agency Agreement

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