Common use of Risks and Liabilities Clause in Contracts

Risks and Liabilities. 26. If, except for any manifest error on our part, the Financial Institution transfers from the AAVS Account to Our Account an amount greater than the actual amount due from the AAVS Account Holder and/or the Octopus Holder to us, we shall not be liable for any loss or damage arising therefrom. Subject to Clause 41 below, we shall only be liable to refund the amount in excess to the AAVS Account Holder.

Appears in 7 contracts

Samples: Value Agreement, Value Agreement, Value Agreement

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Risks and Liabilities. 26. If, except for any manifest error on our part, the Financial Institution transfers from the AAVS Account to Our Account an amount greater than the actual amount due from the AAVS Account Holder and/or and the Octopus Holder to us, we shall not be liable for any loss or damage arising therefrom. Subject to Clause 41 below, we shall only be liable to refund the excess amount in excess to the AAVS Account Holder.

Appears in 1 contract

Samples: www.dahsing.com

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