Common use of Countersigned Confirmation Clause in Contracts

Countersigned Confirmation. Seller shall deliver to Purchaser an executed and completed confirmation substantially in the form of Exhibit II hereto (a “Confirmation”), and Purchaser shall have delivered to Seller a countersigned copy of the such Confirmation. The Confirmation shall be signed by a Responsible Officer of Seller; provided, however, that Purchaser shall not be liable to Seller if it inadvertently acts on a Confirmation that has not been signed by a Responsible Officer of Seller.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

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Countersigned Confirmation. Seller shall deliver to Purchaser an executed and completed confirmation substantially in the form of Exhibit II hereto (a “Confirmation”), and Purchaser shall have delivered to Seller a countersigned copy of the such such Confirmation. The Confirmation shall be signed by a Responsible Officer of Seller; provided, however, that Purchaser shall not be liable to Seller if it inadvertently acts on a Confirmation that has not been signed by a Responsible Officer of Seller.

Appears in 1 contract

Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

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Countersigned Confirmation. Seller shall deliver to Purchaser an executed and completed confirmation substantially in the form of Exhibit II hereto (a “Confirmation”), and Purchaser shall have delivered to Seller a countersigned copy of the such Confirmation. The Confirmation shall be signed by a Responsible Officer of Seller; provided, however, that Purchaser shall not be liable to Seller if it Purchaser inadvertently acts on a Confirmation that has not been signed by a Responsible Officer of Seller.

Appears in 1 contract

Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

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