Common use of CONTRACT NOTES AND STATEMENTS Clause in Contracts

CONTRACT NOTES AND STATEMENTS. 17.1 CAL shall in accordance with applicable regulatory requirements send to the Client contract notes relating to any Transactions in Securities and statement of account relating to the Account. 17.2 Contract notes or other confirmation in writing of the execution of the Client’s Instructions and statements of Account shall be conclusive of the matters stated therein (save in the case of manifest error) and shall be deemed to have been accepted by the Client if not objected to in writing by the Client within seven (7) Business Days after dispatch thereof to the Client. The Client agrees that CAL is not liable for any damages or market fluctuations resulting from any delay or failure in reporting an error to CAL which the Client is aware of.

CONTRACT NOTES AND STATEMENTS. 17.1 CAL shall in accordance with applicable regulatory requirements send to the Client contract notes relating to any Transactions in Securities and statement of account Account relating to the Account. 17.2 Contract notes or other confirmation in writing of the execution of the Client’s Instructions and statements of Account shall be conclusive of the matters stated therein (save in the case of manifest error) and shall be deemed to have been accepted by the Client if not objected to in writing by the Client within seven (7) Business Days after dispatch thereof to the Client. The Client agrees that CAL is not liable for any damages or market fluctuations resulting from any delay or failure in reporting an error to CAL which the Client is aware of.