Common use of Liability of Client Clause in Contracts

Liability of Client. 1 The Client is liable for the correctness, completeness, accuracy and timely submission of the information, inter alia the unique identifier and documents, submitted to the Bank and for the lawfulness of transactions. 2 The Client will compensate the Bank for the damage caused by the failure of the Client or their representative to perform the Account Agreement or by improper performance thereof.

Liability of Client. 1 The Client is liable for the correctness, completeness, accuracy and timely submission of the information, inter alia including the unique identifier and documents, submitted to the Bank and for the lawfulness of transactions. 2 The Client will compensate the Bank for the damage caused to the Bank by the failure of the Client or their representative to perform the Account Agreement or by improper performance thereof.