Common use of Statements and Confirmations Clause in Contracts

Statements and Confirmations. The Securities Intermediary will, as soon as reasonably practicable after receipt of same, send copies of all statements, confirmations and other correspondence concerning the Collateral Account and any financial assets credited thereto simultaneously to each of the Property Trustee and the Collateral Agent at their addresses for notices under this Agreement. The Custodial Agent will, as soon as reasonably practicable after receipt of same, send copies of all statements, confirmations and other correspondence concerning the Custody Account and any financial assets credited thereto to the Property Trustee at its address for notices under this Agreement.

Appears in 14 contracts

Samples: Collateral Agreement, Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Us Bancorp \De\)

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Statements and Confirmations. The Securities Intermediary will, as soon as reasonably practicable after receipt of same, send copies of all statements, confirmations and other correspondence concerning the Collateral Account and any financial assets credited thereto simultaneously to each of the Property Trustee and the Collateral Agent at their addresses for notices under this Agreement. The Custodial Agent will, as soon as reasonably practicable after receipt of same, send copies of all statements, confirmations and other correspondence concerning the Custody Account and any financial assets credited thereto to the Property Trustee at its address for notices under this Agreement.. Collateral Agreement

Appears in 2 contracts

Samples: Collateral Agreement (Goldman Sachs Capital Iii), Collateral Agreement (Goldman Sachs Capital Ii)

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