Common use of Consent Procedure Clause in Contracts

Consent Procedure. In connection with obtaining consents from investment advisory clients, each of MS and DWD shall (i) keep the other party informed of the status of obtaining consents, (ii) facilitate the other party's communication with clients regarded consents, (iii) provide to the other party draft proxy statements and (iv) to the extent applicable, deliver to the other party prior to the Closing copies of all executed client consents and make available for inspection the originals of such consent prior to the Closing.