E-Mail Confirmation definition

E-Mail Confirmation. With respect to any TBA Pool or any Senior Securities settled through the facilities of the Custodian, an e-mail sent by a known authorized representative of the Seller and originating from an official e-mail address of the Seller or from a Bloomberg terminal of the Seller and delivered to ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇.▇▇▇▇▇.▇▇▇, setting forth certain information with respect to the Senior Securities to be purchased by the Purchaser on the related Settlement Date. Each E-Mail Confirmation must (i) be identified by labeling the subject line “E-Mail Confirmation pursuant to Master Purchase Agreement between U.S. Department of the Treasury and [NAME OF SELLER]” and (ii) include the following statement: “The Seller hereby acknowledges that the information provided in this E-Mail Confirmation is required under and is part of the Master Purchase Agreement between U.S. Department of the Treasury and [NAME OF SELLER] and shall be binding on the Seller hereunder.”
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Examples of E-Mail Confirmation in a sentence

  • With respect to any ID Confirmation or E-Mail Confirmation issued with incorrect information not reflecting the terms of the Transaction, the Seller shall “cancel/correct” such ID Confirmation(s) and issue a corrected ID Confirmation(s) or shall transmit a corrected E- Mail Confirmation, as applicable, which shall supersede the original ID Confirmation or E-Mail Confirmation in all respects (also, a “Superseding ID Confirmation”).

  • With respect to each issuance of Senior Securities, on the related Trade Date, if the Senior Securities will be settled through the facilities of the Custodian, the Seller shall send an E-Mail Confirmation to the Purchaser in respect of the Senior Securities to be issued on the related Settlement Date.

  • With respect to the TBA Pool (as defined below) related to a TBA Trade, the Seller shall have the option, in its sole discretion, to send an E-Mail Confirmation or issue a Purchased Certificates ID Confirmation in accordance with paragraphs 2(a) or 2(b) below.

  • With respect to each TBA Trade, the Purchased Certificates ID Confirmation issued in respect of the Identified Pool shall supersede the Purchased Certificates ID Confirmation issued or E-Mail Confirmation transmitted in respect of the TBA Pool in all respects (a “Superseding ID Confirmation”).