Common use of CONFIRMATION STATEMENT Clause in Contracts

CONFIRMATION STATEMENT. MLMCI shall, with respect to each Loan, deliver a confirmation statement substantially in the form attached hereto as Exhibit B (in each case, the "Confirmation Statement") to Assignor confirming the agreement between Assignor and MLMCI as to the specific terms of the Loan. Each such Confirmation Statement shall constitute a binding agreement between Assignor and MLMCI, and this Agreement is hereby incorporated in each such Confirmation Statement and made a part thereof as if it were set out in full in each such Confirmation Statement. Each such Confirmation Statement will be binding upon the parties hereto unless written notice of objection is given by the objecting party to the other party within two (2) Business Days after the objecting party's receipt of such Confirmation Statement.

CONFIRMATION STATEMENT. MLMCI shall, with respect to each Loan, deliver a confirmation statement substantially in the form attached hereto as Exhibit B (in each case, the "Confirmation Statement") to Assignor confirming the agreement between Assignor and MLMCI as to the specific terms of the Loan. Each such Confirmation Statement shall constitute a binding agreement between Assignor and MLMCI, and this Agreement is hereby incorporated in each such Confirmation Statement and made a part thereof as if it were set out in full in each such Confirmation Statement. Each such Confirmation Statement will be binding upon the parties hereto unless written notice of objection is given by the objecting party to the other party within two (2) Business Days after the objecting party's receipt of such Confirmation Statement.of

CONFIRMATION STATEMENT. MLMCI shall, with respect to each Loan, deliver a confirmation statement substantially in the form attached hereto as Exhibit B (in each case, the "Confirmation Statement") to Assignor confirming the agreement between Assignor and MLMCI as to the specific terms of the Loan. Each such Confirmation Statement shall constitute a binding agreement between Assignor and MLMCI, and this Agreement is hereby incorporated in each such Confirmation Statement and made a part thereof as if it were set out in full in each such Confirmation Statement. Each such Confirmation Statement will be binding upon the parties hereto unless written notice of objection is given by the objecting party to the other party within two (2) Business Days after the objecting party's receipt of such Confirmation Statement.. MARGIN DETERMINATIONS