Common use of Confirmation Process Clause in Contracts

Confirmation Process. The parties intend to enter into separate Credit Derivative Transactions (each a "Transaction") with respect to each Reference Entity set out in a Transaction Supplement substantially in the form attached as Annex 3 (a "Transaction Supplement"). [The confirmation applicable to each Transaction, which shall constitute a "Confirmation" for the purposes of, and will supplement, form a part of, and be subject to, the ISDA Master Agreement between Party A and Party B dated as of [_______], as amended and supplemented from time to time (the "Master Agreement"), shall consist of this Master Confirmation Agreement including the Standard CDS Terms attached as Annex 1 (the "Standard CDS Terms"), as supplemented by the trade details applicable to such Transaction as set forth in the relevant Transaction Supplement. All provisions contained in the Master Agreement govern each Confirmation except as expressly modified in this Master Confirmation Agreement, the Standard CDS Terms and the relevant Transaction Supplement.]1 In the event of any inconsistency between (i) this Master Confirmation Agreement (including all Annexes hereto) and a Transaction Supplement, the Transaction Supplement shall govern for the purpose of the relevant Transaction and/or (ii) this Master Confirmation Agreement (including all Annexes hereto) and the Credit Derivatives Definitions, this Master Confirmation Agreement (including all Annexes hereto) shall govern for the purpose of the relevant Transaction. The Transaction Supplement shall set forth, at a minimum, all of the information set out in the applicable form of Transaction Supplement attached hereto as Annex 3.

Confirmation Process. The parties intend to enter into separate Credit Derivative Transactions (each a "“Transaction"”) with respect to each Reference Entity set out in a Transaction Supplement substantially in the form attached as Annex 3 (a "“Transaction Supplement"”). [The confirmation applicable to each Transaction, which shall constitute a "“Confirmation" ” for the purposes of, and will supplement, form a part of, and be subject to, the ISDA Master Agreement between Party A and Party B dated as of [_______], as amended and supplemented from time to time (the "“Master Agreement"”), shall consist of this Master Confirmation Agreement including the Standard CDS Terms attached as Annex 1 (the "“Standard CDS Terms"”), as supplemented by the trade details applicable to such Transaction as set forth in the relevant Transaction Supplement. Supplement.1 All provisions contained in the Master Agreement govern each Confirmation except as expressly modified in this Master Confirmation Agreement, the Standard CDS Terms and the relevant Transaction Supplement.]1 Supplement. In the event of any inconsistency between (i) this Master Confirmation Agreement (including all Annexes hereto) and a Transaction Supplement, the Transaction Supplement shall govern for the purpose of the relevant Transaction and/or (ii) this Master Confirmation Agreement (including all Annexes hereto) and the Credit Derivatives Definitions, this Master Confirmation Agreement (including all Annexes hereto) shall govern for the purpose of the relevant Transaction. The Transaction Supplement shall set forth, at a minimum, all of the information set out in the applicable form of Transaction Supplement attached hereto as Annex 3.

Confirmation Process. The parties intend to enter into separate Credit Derivative Transactions (each a “"Transaction”") with respect to each Reference Entity set out in a Transaction Supplement substantially in the form attached as Annex 3 (a “"Transaction Supplement”"). [The confirmation applicable to each Transaction, which shall constitute a “"Confirmation”" for the purposes of, and will supplement, form a part of, and be subject to, the ISDA Master Agreement between Party A and Party B dated as of [_______], as amended and supplemented from time to time (the “"Master Agreement”"), shall consist of this Master Confirmation Agreement including the Standard CDS Terms attached as Annex 1 (the “"Standard CDS Terms”"), as supplemented by the trade details applicable to such Transaction as set forth in the relevant Transaction Supplement. Supplement.1 All provisions contained in the Master Agreement govern each Confirmation except as expressly modified in this Master Confirmation Agreement, the Standard CDS Terms and the relevant Transaction Supplement.]1 Supplement. In the event of any inconsistency between (i) this Master Confirmation Agreement (including all Annexes hereto) and a Transaction Supplement, the Transaction Supplement shall govern for the purpose of the relevant Transaction and/or (ii) this Master Confirmation Agreement (including all Annexes hereto) and the Credit Derivatives Definitions, this Master Confirmation Agreement (including all Annexes hereto) shall govern for the purpose of the relevant Transaction. The Transaction Supplement shall set forth, at a minimum, all of the information set out in the applicable form of Transaction Supplement attached hereto as Annex 3.