Timely notice given Clause Samples
The 'Timely notice given' clause requires that parties inform each other promptly when certain events or issues arise under the contract. Typically, this means that if a party becomes aware of a problem, delay, or claim, they must notify the other party within a specified period, such as within a set number of days. This clause ensures that all parties are kept informed in a timely manner, allowing them to respond appropriately and mitigate potential risks or damages, thereby promoting transparency and efficient resolution of issues.
Timely notice given. If the consumer notifies the financial institution within two business days after learning of the loss or theft of the access device, the consumer's liability shall not exceed the lesser of $50 or the amount of unauthorized transfers that occur before notice to the financial institution.
Timely notice given. If the Client notifies AMA within two business days after learning of the loss or theft of the access device, the Client's liability shall not exceed the lesser of $50.00 or the amount of unauthorized transfers that occur before notice to AMA.
Timely notice given. If you learn of any loss, theft, compromise, or unauthorized use of your login ID and/or password and inform us within 2 Business Days of learning of such issue, you can lose up to $50; provided, Untimely Notice Given. If you learn of the loss, theft, compromise, or unauthorized use of your login ID and/or password and you inform us of such issue, but NOT within 2 Business Days of learning of such issue, and if we can prove that we could have stopped someone from conducting such improper transaction or unauthorize use or access if you had informed us, you could lose up to $500; provided, such untimely notice to us is given before the end of the 60-Day Period for an issue reflected on such statement. Unlimited Liability Applies. In addition to your liability discussed in the previous two paragraphs, if your periodic statement shows any unauthorized transfers and you fail to inform us of such transfers within 60 days after a periodic account statement was mailed to you or made available via the Services (the “60-Day Period”), you could lose the amount of the unauthorized transfer that occurred after the close of the 60-Day Period and before you provide such notice to us, if we can prove that we could have stopped someone from conducting such improper transaction or unauthorized use or access if you had informed us in time. Because of this potential unlimited liability, you should inform us immediately if you identify or suspect any unauthorized transfers.
Timely notice given. If the Client notifies Loved within two business days after learning of the loss or theft of the access device, the Client's liability shall not exceed the lesser of $ 50 or the amount of unauthorized transfers that occur before notice to Loved.