Common use of Request/Confirmation Clause in Contracts

Request/Confirmation. Each Request/Confirmation shall identify the Administrative Agent and the Seller and set forth the Purchase Date and the Pricing Rate that is to be applicable to the relevant Transaction or each Tranche thereof. Each Request/Confirmation shall be binding on the parties, unless written notice of objection is given by the objecting party to the other party within one Business Day after the Administrative Agent has received the completed Request/Confirmation from the Seller. In the event of any conflict between the terms of a Request/Confirmation and this Agreement, this Agreement shall prevail.