Common use of Security Advice Clause in Contracts

Security Advice. The Borrower acknowledges that regulations of the Comptroller of the Currency grant the Borrower the right to receive brokerage confirmations of the security transactions as they occur. The Borrower specifically waives such notification to the extent permitted by law and will receive periodic cash transaction statements that will detail all investment transactions.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Dynegy Inc.), Escrow Agreement (Dynegy Inc.)