Examples of Documenting Party in a sentence
In respect of each Relevant Negative Affirmation Transaction, if the Documenting Party sends a Confirmation to the Receiving Party by the Confirmation Delivery Deadline and the Receiving Party does not confirm the Confirmation or deliver to the Documenting Party a Not Confirmed Notice by the Timely Confirmation Deadline, the Receiving Party will be deemed to have agreed to the terms of the Confirmation and to have confirmed the Confirmation at the Timely Confirmation Deadline.
A failure by the Receiving Party to confirm the Confirmation or a failure to send the Not Confirmed Notice by the Receiving Party to the Documenting Party by the Timely Confirmation Deadline shall not clear the Receiving Party of the duty to deliver to the Documenting Party a Confirmation under this Section 2(2).
If the Receiving Party delivers a Not Confirmed Notice to the Documenting Party by the Timely Confirmation Deadline, Party A and Party B shall, using all reasonable efforts acting in good faith and a commercially reasonable manner, attempt to resolve the difference and confirm the Relevant Confirmation Transaction as soon as possible.
In respect of each Relevant DAC Transaction, if the Documenting Party sends a Confirmation to the Receiving Party by the Confirmation Delivery Deadline and the Receiving Party does not confirm the Confirmation or deliver to the Documenting Party a Not Confirmed Notice by the Timely Confirmation Deadline, the Receiving Party shall be deemed to have agreed to the terms of the Confirmation and to have confirmed the Confirmation at the Timely Confirmation Deadline.