Common use of Statement Conclusive Clause in Contracts

Statement Conclusive. Except for demonstrable errors or omissions, the amount appearing due in any account stated by CIBC or settled between CIBC and the Customer will be conclusive as to that amount being due.

Statement Conclusive. Except for demonstrable errors or omissions, the amount appearing due in any account stated by CIBC Investor Services or settled between CIBC Investor Services and the Customer will be conclusive as to that amount being due.