Liabilities for Indemnities. The Customer agrees that in case of any loss or damage resulted from any delay, omission, or error in the transmission of Electronic Data, which arises due to causes not attributable to the Bank (including, without limitation, force majeure, suspension, malfunction or breakdown of network system of the Bank or whomsoever), the Bank shall in no event be held liable for such loss or damage unless it is proven that the loss or damage occurs due to the Bank’s willful misconduct or gross negligence.
Appears in 4 contracts
Samples: Agreement for Services of Internet Banking, Fax Banking and Automated Message Notification, Agreement for Services of Internet Banking, Fax Banking and Automated Message Notification, Agreement for Services of Internet Banking, Fax Banking and Automated Message Notification
