Correction of Confirmations. Unless Party B objects to the terms contained in any Confirmation sent by Party A or sends a corrected Confirmation within three (3) Business Days of receipt of such Confirmation the terms of such Confirmation shall be deemed correct and accepted absent manifest error. If Party B sends a corrected Confirmation within such three (3) Business Days or shorter period, then Party A receiving such corrected Confirmation shall have three (3) Business Days after receipt thereof to object to the terms contained in such corrected Confirmation.
Appears in 2 contracts
Sources: Islamic Foreign Exchange and Islamic Foreign Exchange Options Master Agreement, Islamic Foreign Exchange and Islamic Foreign Exchange Options Master Agreement