Common use of LIABILITY FOR ERRORS AND OMISSIONS Clause in Contracts

LIABILITY FOR ERRORS AND OMISSIONS. If the Financial Institution makes an error or omission in recording or processing any Transaction, the Financial Institution is only liable for the amount of the error or omission if the Depositor has not caused or contributed to the error or omission in any way, has complied with this Agreement and the Account Agreement, and has given written notice to the Financial Institution within the time provided in the Account Agreement, and to the extent the liability is not otherwise excluded by this Agreement or the Account Agreement. If the Depositor has given such notice, the Financial Institution's maximum liability is limited to the amount of the error or omission. In no event will the Financial Institution be liable for any delay, inconvenience, cost, loss, or damage (whether direct, special, indirect, exemplary, or consequential) whatsoever caused by, or arising from, any such error or omission.

Appears in 4 contracts

Samples: Direct Services Agreement, Direct Services Agreement, Standard Terms and Conditions

AutoNDA by SimpleDocs

LIABILITY FOR ERRORS AND OMISSIONS. If the Financial Institution makes an error or omission in recording or processing any Transaction, the Financial Institution is only liable for the amount of the error or omission if the Depositor has not caused or contributed to the error or omission in any way, has complied with this Agreement and the Account AgreementContract, and has given written notice to the Financial Institution within the time provided in the this Account AgreementContract, and to the extent the liability is not otherwise excluded by this Agreement or the Account AgreementContract. If the Depositor has given such notice, the Financial Institution's ’s maximum liability is limited to the amount of the error or omission. In no event will the Financial Institution be liable for any delay, inconvenience, cost, loss, or damage (whether direct, special, indirect, exemplary, or consequential) whatsoever caused by, or arising from, any such error or omission.

Appears in 3 contracts

Samples: Personal Contract (Member and Account) Terms and Conditions, Personal Contract (Member and Account) Terms and Conditions, Personal Contract (Member and Account) Terms and Conditions

LIABILITY FOR ERRORS AND OMISSIONS. If the Financial Institution makes an error or omission in recording or processing any Transaction, the Financial Institution is only liable for the amount of the error or omission if the Depositor has not caused or contributed to the error or omission in any way, has complied with this Agreement and the Account Agreement, and has given written notice to the Financial Institution within the time provided in the Account Agreement, and to the extent the liability is not otherwise excluded by this Agreement or the Account Agreement. If the Depositor has given such notice, the Financial Institution's ’s maximum liability is limited to the amount of the error or omission. In no event will the Financial Institution be liable for any delay, inconvenience, cost, loss, or damage (whether direct, special, special indirect, exemplary, or consequential) whatsoever caused by, or arising from, any such error or omission.

Appears in 2 contracts

Samples: Direct Services Agreement, Direct Services Agreement

LIABILITY FOR ERRORS AND OMISSIONS. If the Financial Institution makes an error or omission in recording or processing any Transaction, the Financial Institution is only liable for the amount of the error or omission if the Depositor has not caused or contributed to the error or omission in any way, has complied with this Agreement and the Account Agreement, and has given written notice to the Financial Institution within the time provided in the Account Agreement, and to the extent the liability is not otherwise excluded by this Agreement or the Account Agreement. If the Depositor has given such notice, the Financial Institution's maximum liability is limited to the amount of the error or omission. In no event will the Financial Institution be liable for any delay, inconvenience, cost, loss, or damage (whether direct, indirect, special, indirect, exemplary, or consequential) whatsoever caused by, or arising from, any such error or omission.

Appears in 1 contract

Samples: Direct Services Agreement

AutoNDA by SimpleDocs

LIABILITY FOR ERRORS AND OMISSIONS. If the Financial Institution makes an error or omission in recording or processing any Transaction, the Financial Institution is only liable for the amount of the error or omission if the Depositor has not caused or contributed to the error or omission in any way, has complied with this Agreement and the Account Agreement, and has given written notice to the Financial Institution within the time provided in the Account this Agreement, and to the extent the liability is not otherwise excluded by this Agreement or the Account Agreement. If the Depositor has given such notice, the Financial Institution's ’s maximum liability is limited to the amount of the error or omission. In no event will the Financial Institution be liable for any delay, inconvenience, cost, loss, or damage (whether direct, special, indirect, exemplary, or consequential) whatsoever caused by, or arising from, any such error or omission.

Appears in 1 contract

Samples: Account Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!