Common use of Account and Account Reconciliation Clause in Contracts

Account and Account Reconciliation. Instructions executed by AB&T will be reflected on Xxxxxxxx’s periodic account statement issued to Customer pursuant to Customer’s account agreement with AB&T. Customer shall promptly examine each periodic account statement and shall promptly notify AB&T of any discrepancy between Customer’s records and the information shown on any periodic account statement including but not limited to any Wire Transfers Customer believes were erroneous or not authorized. If Customer fails to notify AB&T in writing of any discrepancy within sixty (60) days of receipt of a periodic account statement containing information reflecting a Wire Transfer, Customer shall be precluded from asserting any claim against AB&T arising from such discrepancy.

Account and Account Reconciliation. Instructions executed by AB&T will be reflected on XxxxxxxxCustomer’s periodic account statement issued to Customer pursuant to Customer’s account agreement with AB&T. Customer shall promptly examine each periodic account statement and shall promptly notify AB&T of any discrepancy between Customer’s records and the information shown on any periodic account statement including but not limited to any Wire Transfers Customer believes were erroneous or not authorized. If Customer fails to notify AB&T in writing of any discrepancy within sixty (60) days of receipt of a periodic account statement containing information reflecting a Wire Transfer, Customer shall be precluded from asserting any claim against AB&T arising from such discrepancy.