REVIEW OF STATEMENTS AND ADVICES Sample Clauses

The 'Review of Statements and Advices' clause establishes the right or obligation for one party to examine financial statements, reports, or professional recommendations provided by the other party. In practice, this may involve a client reviewing periodic account statements from a service provider or assessing investment advice before making decisions. The core function of this clause is to ensure transparency and allow the recipient to verify the accuracy and appropriateness of information, thereby reducing the risk of misunderstandings or errors.
REVIEW OF STATEMENTS AND ADVICES. In addition to Depositor’s other review obligations set forth herein and under law, Depositor agrees to review promptly and reconcile Depositor’s statements of account made available by Bank and shall report to Bank’s Funds Transfer Department any discrepancies, errors, inaccuracies, unauthorized requests, or objections of any other type or nature between Bank’s records and Depositor’s records within a reasonable time, not to exceed fourteen (14) calendar days from the earlier of the date of advice or the date the statement of account. The failure of Depositor to notify Bank of any discrepancies, errors, or other objections within such specified time period will relieve Bank of any liability to Depositor.
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REVIEW OF STATEMENTS AND ADVICES. Customer will review promptly and reconcile Customer's statements of account sent by Bank and shall report to Bank's Wire Transfer Department any discrepancies between Bank records and Customer records within a reasonable time, not to exceed thirty (30) calendar days from the date the statement of account is received by Customer. The failure of Customer to notify Bank of any discrepancies within the specified time period will relieve Bank of any liability with respect to any compensation provided for in Paragraph D below.
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REVIEW OF STATEMENTS AND ADVICES. You will review promptly and reconcile statements of account(s) sent by us, and will review promptly any written confirmation of wire transfers sent by us. You shall report any discrepancies between our records and your records within a reasonable time, not to exceed sixty (60) calendar days from the earlier of: the date of the statement of account, or the date such written confirmation is sent by Bank. If Customer fails to notify Bank of any discrepancies within the specified time period, Bank will be relieved of any liability with respect to any compensation provided for in Section F of this Agreement.
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Related to REVIEW OF STATEMENTS AND ADVICES

  • Conclusiveness of Statements; Survival of Provisions Determinations and statements of any Lender pursuant to Sections 8.1, 8.2, 8.3 or 8.4 shall be conclusive absent demonstrable error. Lenders may use reasonable averaging and attribution methods in determining compensation under Sections 8.1 and 8.4, and the provisions of such Sections shall survive repayment of the Obligations, cancellation of any Notes, expiration or termination of the Letters of Credit and termination of this Agreement.

  • Accuracy of Statements Neither this Agreement nor any Schedule, Exhibit, statement, list, document, certificate or other information furnished by or on behalf of the Company to the Purchaser in connection with this Agreement or any of the transactions contemplated hereby contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements contained herein or therein, in light of the circumstances in which they are made, not misleading.

  • Confirmation and Statements Promptly after the close of business on each day, the Custodian shall furnish the Fund with confirmations and a summary of all transfers to or from the account of the Fund during the day. Where securities purchased by the Fund are in a fungible bulk of securities registered in the name of the Custodian (or its nominee) or shown in the Custodian's account on the books of a Securities Depository, the Custodian shall by book-entry or otherwise identify the quantity of those securities belonging to the Fund. At least monthly, the Custodian shall furnish the Fund with a detailed statement of the Securities and monies held for the Fund under this Agreement.

  • Confirmations and Statements The Transfer Agent shall confirm each transaction either at the time of the transaction or through periodic reports as may be legally permitted.

  • Statements and Confirmations The Securities Intermediary will promptly send copies of all statements, confirmations and other correspondence concerning the Collateral Account and any financial assets credited thereto simultaneously to each of the Purchase Contract Agent and the Collateral Agent at their addresses for notices under this Agreement.