Examination and Notification of Errors Sample Clauses

Examination and Notification of Errors. Broker shall examine all confirmations, statements, and other reports in whatever medium provided to Broker by Pershing. Broker must notify Pershing of any error claimed by Broker in any account; as to purchase and sales transactions prior to settlement date and as to all other transactions within the time in which Pershing is able to, without violating applicable law, reverse the transaction. If Broker fails to do so, Broker shall be deemed to have waived its right to make any claim against Pershing with respect to such error.
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Examination and Notification of Errors. Introducing Firm shall examine all confirmations, statements, and other reports in whatever medium provided to Introducing Firm by Clearing Agent. Introducing Firm must notify Clearing Agent of any error claimed by Introducing Firm in any confirmation, statement or other report within a reasonable time following receipt of the confirmation, statement or other report at issue. If Introducing Firm fails to do so, Introducing Firm shall be deemed to have waived its right to make any claim against Clearing Agent with respect to such error.
Examination and Notification of Errors. Correspondent shall examine promptly all confirmations, comparisons, monthly and quarterly statements of account, the Reconciliation Statements (as defined in Section IX.C. of this Agreement), and any other statements or reports provided to Correspondent by Ridge or its clearing agency. Confirmations and comparisons shall be deemed accurate and correct, and Correspondent shall be deemed to have waived any claim with respect to the accuracy or correctness of the information therein, unless Correspondent notifies Ridge in writing of any alleged errors or discrepancies prior to the settlement date for the subject transactions. Monthly and quarterly statements of account shall be deemed accurate and correct, and Correspondent shall be deemed to have waived any claim with respect to the accuracy or correctness of the information therein, unless Correspondent notifies Ridge in writing of any alleged errors or discrepancies within ten (10) business days of receipt. Any notice of error shall be accom­panied by such documentation as may be necessary to substantiate Correspondent’s claim. At the request of Ridge, Correspondent promptly shall provide any additional documentation or information Ridge reasonably believes is necessary or desirable to substantiate and correct any such alleged error or discrepancy.
Examination and Notification of Errors. Subsequent to the close of trading on each trading day, GAIN will make available to Broker on an electronic basis a daily preliminary repollt recapping the day’s trades made with Customers. In addition, GAIN shall make available on an electronic basis daily equity and margin runs to Broker reporting all Customers’ trades for the previous trading day as well as all open or rollover positions for Customers. Broker has the obligation to examine each of the aforementioned reports and thereby check trades Broker has executed for its Customers’ accounts via Broker’s trade desk by orally transmitting order information to GAIN (“Orally-transmitted Trades”). Broker will use reasonable efforts to notify GAIN of any patent error regarding Orally-transmitted Trades claimed by Broker in any account prior to 9:00 AM (eastern time) on the trading day subsequent to the execution of the transaction in dispute, provided that Broker is given sufficient and timely information to identify the error. Solely GAIN, and not Broker, is responsible for any and all trading or reporting errors for trades executed by GAIN or Customer.
Examination and Notification of Errors. CLAY shall examine promptly all monthly statements of account, monthly statements of clearing services and other reports provided to CLAY by FSWC. CLAY shall notify FSWC of any error claimed by CLAY in any Account in connection with (i) any transaction, prior to the settlement date of such transaction, (ii) information appearing on daily reports, within five days of such report, and (ill) information appearing on monthly statements or reports, within 10 days of CLAY’s receipt of any monthly statement or report. Any notice of error shall be accompanied by such documenta-tion as may be necessary to substantiate CLAY’s claim. CLAY shall provide promptly upon FSWC's request any additional documentation which FSWC reasonably believes is necessary or desirable to establish and correct any such error. In all cases, FSWC reserves the right to determine the validity of any claimed error.
Examination and Notification of Errors. Correspondent shall examine promptly all confirmations, monthly and quarterly statements of account, the Reconciliation Statements (as defined below in Section IX.C.) and any other statements or reports provided to Correspondent by ICS. All such confirmations, statements and reports shall be deemed accurate and correct, and Correspondent shall be deemed to have waived any claim with respect to the accuracy or correctness of the information therein, unless within ten (10) business days of receipt thereof Correspondent notifies ICS in writing of any alleged errors or discrepancies therein. Any notice of error shall be accompanied by such documentation as may be necessary to substantiate Correspondent’s claim. Upon the request of ICS, Correspondent promptly shall provide any additional documentation ICS reasonably believes is necessary or desirable to substantiate and correct any such alleged error or discrepancy.
Examination and Notification of Errors. ALEX shall examine promptly all monthly statements of account, monthly statements of clearing services and other reports provided to ALEX by FSWC. ALEX shall notify FSWC of any error claimed by ALEX in any Account in connection with (i) any transaction, prior to the settlement date of such transaction, (ii) information appearing on daily reports, within five days of such report, and (iii) information appearing on monthly statements or reports, within 10 days of ALEX's receipt of any monthly statement or report. Any notice of error shall be accompanied by such documentation as may be necessary to substantiate ALEX's claim. ALEX shall provide promptly upon FSWC's request any additional documentation which FSWC reasonably believes is necessary or desirable to establish and correct any such error. In all cases, FSWC reserves the right to determine the validity of any claimed error.
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Examination and Notification of Errors. Client shall notify Provider of any error in connection with the Services in due course, and any notice of error shall be accompanied by such documentation as may be necessary to substantiate Client’s claim. Client shall provide promptly upon Provider’s request any additional documentation which Provider reasonably believes is necessary or desirable to determine and correct any such error. If Client fails to notify Provider of any perceived error within the applicable time frame, Client shall be deemed to have waived any right to make any claim (if any) under this Agreement against Provider relating to such perceived error.
Examination and Notification of Errors. Correspondent shall examine promptly all monthly statements of Account, monthly statements of clearing services and other reports provided or made available to Correspondent by NFS. Correspondent shall notify NFS of any potential error in any Account in connection with (i) any transaction prior to the settlement date of such transaction, (ii) information appearing on daily reports within seven days of such report, and (iii) information first appearing on such monthly statements or reports within 30 days of Correspondent’s receipt of any monthly statement or report. Any notice of error shall be accompanied by such documentation as may be necessary to substantiate Correspondent’s claim. Correspondent shall provide promptly upon NFS’ request any additional documentation which NFS reasonably believes is necessary or desirable to establish and correct any such error. Correspondent shall not be deemed to have waived its right to make a claim against NFS pursuant to this Agreement by reason of any delay in notification.
Examination and Notification of Errors. Subsequent to the close of trading on each trading day, RJO will transmit a daily preliminary report recapping the day’s trades made by Broker on behalf of Broker’s Customers. In addition, prior to the opening of trading for each trading day, RJO shall transmit daily equity and margin runs to Broker reporting all of Broker’s Customers’ trades for the previous trading day as well as all open positions for Broker’s Customers. Broker has the obligation to accept and examine each of the aforementioned transmissions and thereby check trades for its Customers’ accounts. Broker must notify RJO of any error claimed by Broker in any account prior to the open of trading on the trading day subsequent to the execution of the transaction in dispute. If Broker fails to do so, Broker shall be deemed to have waived its right to make any claim against RJO with respect to such error and Broker shall, pursuant to Section 12 below, indemnify and hold harmless RJO from any and all losses or liability arising as a result of such error.
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