Common use of Reporting and Information Clause in Contracts

Reporting and Information. The Custodian shall provide the Client or its authorised agent with periodical reports, transaction advices and/or statements of accounts relating to the Custody Assets, the dates and depth of reporting level of which shall be as expressly agreed in writing between the Custodian and the Client from time to time. In the absence of the filing with the Custodian by the Client of exceptions or objections to any information, report, statement, confirmation, note or other document within 30 days of the date of receipt thereof, the Custodian shall have no responsibility for any errors or omissions therein and the Client shall be deemed to have approved the contents thereof and accepted responsibility for all of its obligations appearing therein.

Reporting and Information. The Custodian shall provide the Client or its authorised agent with periodical reports, transaction advices and/or statements of accounts relating to the Custody Assets, the dates and depth of reporting level of which shall be as expressly agreed in writing between the Custodian and the Client from time to time. In the absence of the filing with the Custodian by the Client of exceptions or objections to any information, report, statementstateme nt, confirmation, note or other document within 30 days of the date of receipt thereof, the Custodian shall have no responsibility for any errors or omissions therein and the Client shall be deemed to have approved the contents thereof and accepted responsibility for all of its obligations appearing therein.