Common use of Notices and Statements Clause in Contracts

Notices and Statements. Except as otherwise provided herein, Customer and Prime Broker may from time to time issue notices and other communications, either orally or in writing. Each notice shall be directed, if to Prime Broker, to such of its representative(s) as may be notified by Prime Broker from time to time, and if to Customer, to such of its representative(s) as may be notified to Prime Broker from time to time. While the BofAML Entities are under no obligation to do so, BofAML Entities may, from time to time, use reasonable efforts to provide to Customer notices of various types received from issuers, courts, claimants and litigants. Each written communication under this Agreement shall be either mailed, e-mailed, faxed, or delivered to the addresses specified on the signature page hereto or at such other address as the party may provide, provided that, Prime Broker may, with Customer’s consent, post communications onto the Internet. All communications sent to Customer, whether through the Internet, or by mail, e-mail, facsimile, messenger or otherwise, are deemed given to Customer personally as of the date sent or posted. Except as otherwise specifically provided herein, if Prime Broker gives Customer notice orally (including by telephone), such notice is effective as of the time it is communicated to Customer, and need not be confirmed in writing. Customer shall review promptly all communications that it receives from Prime Broker and shall promptly advise Prime Broker of any error, omission or inaccuracy in the transactions or positions reported. If Customer does not object in writing to any communication within two Business Days after it was sent or posted, such communication is deemed to be complete and correct.

Appears in 2 contracts

Samples: Prime Brokerage Account Agreement (Cushing Renaissance Fund), Prime Brokerage Account Agreement (Cushing Royalty & Income Fund)

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Notices and Statements. Except as otherwise provided herein, Customer and Prime Broker ML Pro may from time to time issue notices and other communications, either orally or in writing. Each notice shall be directed, if to Prime BrokerML Pro, to such of its representative(s) as may be notified by Prime Broker ML Pro from time to time, and if to Customer, to such of its representative(s) as may be notified to Prime Broker ML Pro from time to time. While the BofAML Entities are under no obligation to do so, BofAML Entities may, from time to time, use reasonable efforts to provide to Customer notices of various types received from issuers, courts, claimants and litigants. Each written communication under this Agreement shall be either mailed, e-mailed, faxed, or delivered to the addresses specified on the signature page hereto or at such other address as the party may provide, provided that, Prime Broker ML Pro may, with Customer’s consent, post communications onto the Internet. All communications sent to Customer, whether through the Internet, or by mail, e-mail, facsimile, messenger or otherwise, are deemed given to Customer personally as of the date sent or posted. Except as otherwise specifically provided herein, if Prime Broker ML Pro gives Customer notice orally (including by telephone), such notice is effective as of the time it is communicated to Customer, and need not be confirmed in writing. Customer shall review promptly all communications that it receives from Prime Broker ML Pro and shall promptly advise Prime Broker ML Pro of any error, omission or inaccuracy in the transactions or positions reported. If Customer does not object in writing to any communication within two Business Days after it was sent or posted, such communication is deemed to be complete and correct.

Appears in 2 contracts

Samples: Customer Account Agreement (Advent Claymore Convertible Securities & Income Fund II), Customer Account Agreement (Advent Claymore Convertible Securities & Income Fund)

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