Please Confirm Receipt Clause Samples
The "Please Confirm Receipt" clause requires the recipient of a document, notice, or communication to acknowledge that they have received it. In practice, this often means the recipient must send a written confirmation, such as an email or signed acknowledgment, back to the sender. This clause ensures that important information has been successfully delivered and received, reducing the risk of disputes over whether a party was properly notified.
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Please Confirm Receipt. Please immediately indicate your receipt of this bailee letter and the enclosed Loan Papers, and your acceptance of and agreement to the bailment and the other terms and conditions stated above, by dating and signing the enclosed copy of this bailee letter and returning it to us (although your doing so will not be necessary to the effectiveness of any of this bailee letter’s terms, provisions or conditions). Very truly yours, U.S. BANK NATIONAL ASSOCIATION, Attached: Exhibit A – Schedule of Loans Shipped RECEIPT ACKNOWLEDGED AND BAILMENT, TERMS AND CONDITIONS ACCEPTED AND AGREED TO ON , 200 [INVESTOR’S NAME AND/OR NAME OF MBS ISSUER’S CUSTODIAN] By: Name: Title: Date: [Date] Formats: 1. Excel Workbooks (XLS)
Please Confirm Receipt. Please immediately indicate your receipt of this bailee letter and the enclosed Loan Papers, and your acceptance of and agreement to the bailment and the other terms and conditions stated above, by dating and signing the enclosed copy of this bailee letter and returning it to us (although your doing so will not be necessary to the effectiveness of any of this bailee letter’s terms, provisions or conditions). Very truly yours, JPMORGAN CHASE BANK, N.A. Attached: Exhibit A — schedule of Loans shipped RECEIPT ACKNOWLEDGED AND BAILMENT, TERMS AND CONDITIONS ACCEPTED AND AGREED TO ON , 201 By: Name: Title: ▇▇▇▇▇▇ Mortgage Company RMC Mortgage Corporation TO: JPMORGAN CHASE BANK, N.A. RE: [Seller] DATE: [ ] Reference is made to the Master Repurchase Agreement dated as of , 2011 (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), between: (a) JPMorgan Chase Bank, N.A. (“Buyer”) and (b) ▇▇▇▇▇▇ Mortgage Company and RMC Mortgage Corporation (each a “Seller” and collectively, the “Sellers”). Capitalized terms used herein and not otherwise defined have the meanings given to those terms in the Agreement. Seller hereby requests that the following Mortgage Note be returned to Seller at [address] for the reason(s) set forth below: Seller agrees that Buyer continues to have the sole ownership interest in the listed Mortgage Note and all other Mortgage Assets related to the Mortgage Note. Seller shall return the corrected Mortgage Note to Buyer no later than the fifth (5th) Business Day after the date of this Trust Release Letter. At all times the Mortgage Note listed above is in the possession of Seller pursuant to this Trust Release Letter, Seller shall hold such Mortgage Note in trust for the benefit of Buyer. Seller hereby certifies that after Buyer delivers the Mortgage Note described above to Seller, the aggregate original Outstanding Principal Balance of all Mortgage Notes released to Seller pursuant to Trust Release Letters as of the date of this Trust Release Letter does not exceed $5,000,000. Seller has caused the information set forth in the table below to be accurately completed. Sincerely, [SELLER] By: Name: Title: None. CitiMortgage Inc. (Bond Unit) Federal Home Loan Mortgage Corporation Federal National Mortgage Association Indiana Housing HFA JPMorgan Chase North Carolina Housing Finance Agency PennyMac PHH Mortgage Corporation South Carolina Housing Finance Agency Texas Dept. of Housing & Community Affairs US Bank ...