Common use of Incorrect Settlement Clause in Contracts

Incorrect Settlement. The information required for settlement will depend on the financial institution holding the Payout Account. Please make sure that any information about the Payout Accounts that you provide to us is accurate and complete. If you provide us with incorrect information (i) you understand that funds may be settled to the wrong account and that we may not be able to recover the funds from such incorrect transactions and (ii) you agree that you are solely responsible for any losses you or third parties incur due to erroneous settlement transactions, you will not make any claims against us related to such erroneous settlement transactions, and you will fully reimburse us for any losses we incur.

Incorrect Settlement. The information required for settlement will depend on the financial institution holding the Payout Account. Please make sure You will ensure that any information about the Payout Accounts that you provide to us is accurate and complete. If you provide us with incorrect information (i) you understand that funds may be settled to the wrong account and that we may not be able to recover the funds from such incorrect transactions and (ii) you agree that (A) you are solely responsible for any losses you or third parties incur due to erroneous settlement transactions, (B) you will not make any claims against us related to such erroneous settlement transactions, and (C) you will fully reimburse us for any losses we incur.