Common use of AND OMISSIONS Clause in Contracts

AND OMISSIONS. Any inadvertent delay, omission or error shall not be held to relieve either party hereto from any liability which would attach to it hereunder if such delay, omission or error had not been made. Such delay, omission or error shall be rectified immediately upon discovery.

AND OMISSIONS. Any inadvertent delay, omission or error shall not be held to relieve either party hereto from any liability which would attach to it hereunder if such delay, omission or error had not been made. Such , provided such delay, omission or error shall be is rectified immediately promptly upon discovery. The Ceding Company and the Reinsurer will, promptly upon discovery, adjust the situation to what it would have been had the error not occurred.