Acknowledgement of Receipt of Investments Clause Samples
The Acknowledgement of Receipt of Investments clause serves to formally confirm that an investment has been received by the intended party, typically the company or fund. In practice, this clause may require the recipient to provide written confirmation or a receipt once funds or assets are transferred, ensuring both parties have a clear record of the transaction. Its core function is to provide evidence of the investment's completion, reducing the risk of disputes regarding whether and when the investment was made.
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Acknowledgement of Receipt of Investments. Securities Intermediary acknowledges the transfer by, or on behalf of, Pledgor, and the acquisition by Securities Intermediary, of cash in the amount of $4,375,000.01 for the credit of the Reserve Account.
Acknowledgement of Receipt of Investments. Securities Intermediary acknowledges the transfer by, or on behalf of, Pledgor, and the acquisition by Securities Intermediary, of cash in the amount of the Reserve Account Initial Deposit for the credit of the Reserve Account.
Acknowledgement of Receipt of Investments. Securities Intermediary acknowledges the transfer by Pledgor, and the acquisition by Securities Intermediary, of Financial Assets that are Permitted Investments that have a Value of $25,000,000 for the credit of the Completion Guaranty Account.