We hereby confirm Clause Samples
The "We hereby confirm" clause serves as a formal declaration by one party affirming the truth, accuracy, or existence of certain facts, agreements, or obligations within a contract. Typically, this clause is used to officially acknowledge receipt of information, acceptance of terms, or confirmation of prior actions, such as delivery of goods or fulfillment of conditions. Its core practical function is to provide clear, documented evidence of agreement or acknowledgment, thereby reducing the risk of future disputes over whether a particular fact or obligation was recognized or accepted by the confirming party.
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We hereby confirm. 3.1 as soon as reasonably possible after being requested to do so by you, to notify all insurers and reinsurers of the Insurances/Reinsurances, of a Notice of Assignment of the Insurances/Reinsurances and to use our reasonable endeavours to procure that each insurer and reinsurer acknowledges such Notice of Assignment within seven (7) working days of the First Drawdown Date; and
3.2 as soon as reasonably possible after being requested to do so by you, to use our reasonable endeavours to procure that each insurer and reinsurer of the Insurances/Reinsurances, referenced in Schedule 7, Parts A, B and C to the Common Terms Agreement, endorses the relevant Insurance policy/Reinsurance contract with the Endorsements, in each case except as already provided under paragraph 2.3 above.