Common use of Discrepancy Clause in Contracts

Discrepancy. Customer shall review reports received under the Service promptly to ensure accuracy and completeness of the information. If Customer fails to notify Bank within thirty (30) days after receipt of a report that any information is inaccurate, incomplete, unclear, unreadable, or otherwise unacceptable, the Customer shall be deemed to have accepted the report and to have waived (i) any and all objections including but not limited to objections concerning its accuracy, completeness, clarity, readability or quality, and (ii) the right to bring any action or raise any claim against Bank based on any such objection. Bank shall not be liable for any loss, including loss of interest, resulting from Customer’s failure to give such notice and Customer shall be precluded from asserting such discrepancy against Bank.

Appears in 3 contracts

Sources: Treasury Management Master Agreement, Treasury Management Master Agreement, Treasury Management Master Agreement

Discrepancy. Customer Client shall review reports received under the Service promptly to ensure accuracy and completeness of the information. If Customer Client fails to notify Bank within thirty (30) days after receipt of a report that any information is inaccurate, incomplete, unclear, unreadable, or otherwise unacceptable, the Customer Client shall be deemed to have accepted the report and to have waived (i) any and all objections including but not limited to objections concerning its accuracy, completeness, clarity, readability or quality, and (ii) the right to bring any action or raise any claim against Bank based on any such objection. Bank shall not be liable for any loss, including loss of interest, resulting from CustomerClient’s failure to give such notice and Customer Client shall be precluded from asserting such discrepancy against Bank.

Appears in 3 contracts

Sources: Treasury Management Services Agreement, Treasury Management Services Agreement, Treasury Management Services Agreement

Discrepancy. Customer shall review reports received under the Service promptly to ensure accuracy and completeness of the information. If Customer fails to notify Bank within thirty (30) days after receipt of a report that any information is inaccurate, incomplete, unclear, unreadable, or otherwise unacceptable, the Customer Bank shall be deemed to have accepted the report and to have waived waived (ia) any and all objections including but not limited to objections concerning its accuracy, completeness, clarity, readability or quality, and (iib) the right to bring any action or raise any claim against Bank based on any such objection. Bank shall not be liable for any loss, including loss of interest, resulting from Customer’s failure to give such notice and Customer shall be precluded from asserting such discrepancy against Bank.

Appears in 1 contract

Sources: Treasury Management Master Agreement