Common use of Error Notification Clause in Contracts

Error Notification. The Merchant agrees to notify BBMSL if any errors are detected in the settlement amount. BBMSL will investigate any reported errors, and when appropriate, attempt to rectify such errors by crediting or debiting the Settlement Account. If the Merchant fails to report a settlement error to BBMSL for review without undue delay and, in any event, within sixty (60) days, the merchant shall be deemed to have waived the right of making any claims against BBMSL or its payment service providers for any amounts associated with the error.

Error Notification. The Merchant agrees to notify BBMSL if any errors are detected in the settlement amount. BBMSL will investigate any reported errors, and when appropriate, attempt to rectify such errors by crediting or debiting the Settlement Account. If the Merchant merchant fails to report a settlement error to BBMSL for review without undue delay and, in any event, within sixty (60) days, the merchant shall be deemed to have waived the right of making any claims against BBMSL or its payment service providers our Payment Service Providers for any amounts associated with the error.