BLOTTER Clause Samples

A Blotter clause establishes a formal record-keeping process for documenting transactions, trades, or other relevant activities under an agreement. Typically, it requires one or both parties to maintain a detailed log—often called a "blotter"—that captures essential information such as dates, amounts, and counterparties for each transaction. This clause ensures that both parties have access to accurate and up-to-date records, which can be referenced in the event of disputes or for compliance and audit purposes, thereby promoting transparency and accountability.