Statements, Confirmations Clause Samples
Statements, Confirmations and Notices of Adverse Claims. Depositary Bank will send copies of all statements, confirmations and other correspondence concerning the Deposit Account simultaneously to each of Grantor and Secured Party at the address set forth below its signature below. If Depositary Bank acquires knowledge that any person asserts any lien, encumbrance or adverse claim against the Deposit Account or in any balance maintained therein, Depositary Bank will promptly notify Secured Party and Grantor thereof.
Statements, Confirmations. 9.1. You shall verify all statements and Confirmations of Transactions done and Futures Account(s) status sent by Binance to you from time to time. If no objection is raised within 7 days of the date of the statement, Confirmation or advice of Transactions done (or such other time period set out in the said statement, Confirmation or advice), such statement, Confirmation or advice shall be deemed conclusive and binding as against you, and you shall not be entitled to object thereto. However, Binance may at any time rectify any error on any entry, statement, Confirmation or advice which has been proved to its satisfaction, and may demand immediate repayment from you of any Digital Assets and/or Digital Currencies erroneously paid over to you as a result of such error. Any and all objections by you shall not be valid unless accompanied by supporting evidence for such objections.
9.2. You shall immediately notify Binance if a statement, Confirmation or advice is not received by you in the ordinary course of business or your use of Binance’s services.
9.3. Subject to the provisions of this Clause, a Confirmation which does not accurately reflect the relevant Transaction entered into via the relevant Electronic Facility:
(a) does not affect the validity of the Transaction which the Confirmation evidences; and
(b) where there is Manifest Error, does not entitle you to enforce whatever is inaccurately recorded in the Confirmation.
9.4. Binance reserves the right to void or reverse from the outset any Transaction involving or deriving from a Manifest Error or to amend the details of such Transaction to reflect that which Binance considers in its sole and absolute discretion acting in good faith to be the correct or fair details of such a Transaction absent Manifest Error.
9.5. Without prejudice to the generality of the other terms in this Agreement, and in the absence of fraud or bad faith, Binance shall in no circumstances be liable to you for any Loss or demand of whatsoever nature you may suffer or incur in connection with any Manifest Error howsoever arising, whether direct or indirect, special or consequential, including, but not limited to, loss of profit, loss of opportunity or even if Binance had been advised of the possibility of the same arising or that the same were reasonably foreseeable. Your attention is drawn in particular to Clause 12 (General Exclusion) of this Agreement.
Statements, Confirmations. 6.1 No statements w ill be provided to you for the safekeeping of the Notes. A confirmation w ill be sent to you for any tr ansaction. You must chec k the particulars of any confirmation for any transaction and inform us immediately of any errors or omissions. If no errors or omissions are reported to us w ithin five (5) days from the date of receipt of the confirmation, as the c ase may be, you w ill be deemed to have agreed to all the particulars in, and to be bound by, the confirmation except w here (and only to the extent that) you have conclusively established in the Courts of Singapore that a manifest error has been made by us in respect of the information contained in the relevant confirmation.