Common use of LIABILITY FOR ERRORS AND OMISSIONS Clause in Contracts

LIABILITY FOR ERRORS AND OMISSIONS. If the Credit Union makes an error or omission in recording any Transaction, the Credit Union will only be liable for the amount of the error or omission if the Depositor has given written notice to the Credit Union within the time provided in this Agreement.

Appears in 5 contracts

Sources: Account Agreement, Account Agreement, Account Agreement

LIABILITY FOR ERRORS AND OMISSIONS. If the Credit Union makes an error or omission in recording any Transaction, the Credit Union will only be liable for the amount of the error or omission if the Depositor Trustee has given written notice to the Credit Union within the time provided in this Agreement.

Appears in 2 contracts

Sources: Business Trust Account Agreement, Business Trust Account Agreement

LIABILITY FOR ERRORS AND OMISSIONS. If the Credit Union makes an error or omission in recording or processing any Transaction, the Credit Union will is only be liable for the amount of the error or omission if the Depositor has not caused or contributed to the error or omission in any way, has complied with the Account Contract, has given written notice to the Credit Union within the time provided in this AgreementAccount Contract, and to the extent the liability is not otherwise excluded by the Account Contract.

Appears in 1 contract

Sources: Account Agreement