Common use of For Business Accounts Clause in Contracts

For Business Accounts. A shorter period for review applies if you are a business or other client who is not a consumer. You must review each statement we make available to you within 14 calendar days from the time we make it available and notify us if the statement reflects a forged or unauthorized item or transaction as stated above. NOTIFYING US OF UNAUTHORIZED TRANSACTIONS AND ERRORS‌ If you discover an error, forgery, alteration or other unauthorized activity involving your account, you must notify us immediately. If you fail to notify us within the times set forth in the "Your Duty to Review Statements" section of an unauthorized signature, alteration, forgery, counterfeit check or other unauthorized transaction involving any of your accounts, we will not be responsible for subsequent unauthorized transactions by the same wrongdoer or if done in a similar manner. Without regard to care or lack of care of either you or us, if you do not report an error or an unauthorized signature, alteration, forgery, counterfeit check, or other unauthorized debit to your account within 60 days after the date of your statement or the date the information about the item or transaction is made available to you, whichever is earlier, you are precluded from asserting the error or unauthorized transaction against us. When you notify us of an error, forgery, alteration or other unauthorized transaction, we will investigate. If you claim a credit or refund, we may require you to: ▪ Provide a sworn statement or written declaration of the relevant facts, including a description of the transaction or error and the identity of any suspected perpetrator, and any other documents or information we may request ▪ Notify law enforcement and provide us a copy of the crime report ▪ Cooperate fully with our investigation We will have a reasonable period of time, or period of time as may be specified by law, to investigate the circumstances surrounding any claimed Loss. During our investigation, we will have no obligation to provisionally credit your account, unless otherwise required by law. If we do provide you with provisional credit, we may reverse the credit if we determine the transaction was authorized or, to the extent permitted by law, you do not cooperate fully with us in the investigation or recovery efforts. Our liability will be limited in accordance with the "Limitation on Liability" section. In addition, you agree to pursue all rights you may have, including under any insurance policy covering any Loss, and to provide us with information regarding coverage including, but not limited to, your insurance carrier, policy number, policy limits, and applicable deductibles. Your failure to cooperate with our reasonable requests shall relieve us from liability to you for any Loss you allege you may have incurred except as otherwise required by law. Our liability (if any) will be reduced by the amount of any recovery you receive or are entitled to receive for the Loss, including any insurance proceeds. If we reimburse you for a Loss and the Loss is covered by insurance, you agree to assign us your rights under the insurance policy to the extent of our reimbursement. You waive all rights of subrogation against us with respect to any insurance policy or bond.

For Business Accounts. A shorter period for review applies if you are a business or other client who is not a consumer. You must review each statement we make available to you within 14 calendar days from the time we make it available and notify us if the statement reflects a forged or unauthorized item or transaction as stated above. NOTIFYING US OF UNAUTHORIZED TRANSACTIONS AND ERRORS‌ If you discover an error, forgery, alteration or other unauthorized activity involving your account, you must notify us immediately. If you fail to notify us within the times set forth in the "Your Duty to Review Statements" section of an unauthorized signature, alteration, forgery, counterfeit check or other unauthorized transaction involving any of your accounts, we will not be responsible for subsequent unauthorized transactions by the same wrongdoer or if done in a similar manner. Without regard to care or lack of care of either you or us, if you do not report an error or an unauthorized signature, alteration, forgery, counterfeit check, or other unauthorized debit to your account within 60 days after the date of your statement or the date the information about the item or transaction is made available to you, whichever is earlier, you are precluded from asserting the error or unauthorized transaction against us. When you notify us of an error, forgery, alteration or other unauthorized transaction, we will investigate. If you claim a credit or refund, we may require you to: ▪  Provide a sworn statement or written declaration of the relevant facts, including a description of the transaction or error and the identity of any suspected perpetrator, and any other documents or information we may request ▪  Notify law enforcement and provide us a copy of the crime report ▪  Cooperate fully with our investigation We will have a reasonable period of time, or period of time as may be specified by law, to investigate the circumstances surrounding any claimed Lossloss. During our investigation, we will have no obligation to provisionally credit your account, unless otherwise required by law. If we do provide you with provisional credit, we may reverse the credit if we determine the transaction was authorized or, to the extent permitted by law, you do not cooperate fully with us in the investigation or recovery efforts. Our liability will be limited in accordance with the "Limitation on Liability" section. In addition, you agree to pursue all rights you may have, including under any insurance policy covering any Lossloss, and to provide us with information regarding coverage including, but not limited to, your insurance carrier, policy number, policy limits, and applicable deductibles. Your failure to cooperate with our reasonable requests shall relieve us from liability to you for any Loss loss you allege you may have incurred except as otherwise required by law. Our liability (if any) will be reduced by the amount of any recovery you receive or are entitled to receive for the Lossloss, including any insurance proceeds. If we reimburse you for a Loss loss and the Loss loss is covered by insurance, you agree to assign us your rights under the insurance policy to the extent of our reimbursement. You waive all rights of subrogation against us with respect to any insurance policy or bond.