Incorrect Data. (a) If there is a mistake by the Bank in preparing or providing incorrect data to the Clearing House in relation to any Instruction for the SMART Credit Service and/or PromptPay Service, the Bank shall rectify the incorrect data, and debit an additional sum from the Customer's Account or credit the Transferred Funds back to the Customer's Account, as the case may be. (b) In all cases, the Bank shall not be liable for any Losses resulting from special circumstances or damages resulting from technical difficulties in the Bank's payment system, except where such Losses are the result of wilful acts or gross negligence by the Bank. (c) The indemnities provided to the Bank under this clause shall be in addition to, and not in derogation of, any other indemnities provided by the Customer to the Bank.
Appears in 2 contracts
Sources: Cash Management Agreement, Cash Management Agreement