Common use of When Notice Giver and Recipient are the Same Person Clause in Contracts

When Notice Giver and Recipient are the Same Person. Notwithstanding the foregoing part of this definition, in the case of any requirement under the applicable Basic Document to provide notice, where both the party required to deliver such notice and the party entitled to receive such notice are the same Person (whether acting in the same or in different capacities), such notice shall be deemed to have been delivered immediately, on the date that such requirement arises, without any action on the part of such Person.