Common use of Security Advice Waiver Clause in Contracts

Security Advice Waiver. The Borrower and Issuer acknowledge that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant the Borrower and Issuer the right to receive brokerage confirmations for certain security transactions as they occur, the Borrower and Issuer specifically waive receipt of such confirmations to the extent permitted by law. The Trustee will furnish the Borrower and Issuer periodic cash transaction statements that include detail for all investment transactions made by the Trustee.

Security Advice Waiver. The Borrower and Issuer acknowledge acknowledges that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant the Borrower and Issuer the right to receive brokerage confirmations for certain of the security transactions as they occur, the . The Borrower and Issuer specifically waive receipt of waives such confirmations notification to the extent permitted by law. The law and acknowledges that it will receive from the Trustee will furnish the Borrower and Issuer periodic cash transaction statements that include will detail for all investment transactions made by the Trusteetransactions.