Adjustments for Errors Sample Clauses
The "Adjustments for Errors" clause allows for the correction of mistakes or inaccuracies discovered in a contract or its related documents after execution. In practice, this clause typically outlines the process by which parties can identify, notify, and rectify errors such as miscalculations, typographical mistakes, or incorrect data entries. Its core function is to ensure that the contract accurately reflects the parties' intentions and agreed terms, thereby preventing disputes and maintaining fairness if errors are found.
Adjustments for Errors. If at any time during the Term of this Agreement an error is made in the calculation of any amount payable by Methanex under this Agreement, the invoice for the month immediately succeeding the month in which such error was finally determined shall be increased or decreased, as the case may be, by an amount equal to the sum of such overpayment or underpayment, as the case may be, by Methanex.
Adjustments for Errors. Neither the Maximum Funding Position nor the Financial Position are to be adjusted retroactively due to any error which may be discovered in the computations of data used in making the computations. Any error discovered, will be corrected in the next month’s computations.
Adjustments for Errors. The Parties hereby acknowledges and agrees that the Recipient shall have five (5) days after the receipt of any Data Records conveyed hereunder to notify NWMS of any nonconforming Data Records and/or any errors therein [e.g., disconnected phone number, wrong phone number, leads not matching desired filters, bogus Data] regarding either Leads or Data. However, Recipient’s failure to give NWMS timely notice of a claim for nonconforming Data Records, or for errors therein, or for nonconveyance or nondelivery of Data Records ordered pursuant to an Accepted Insertion Order, within five (5) days after the date of the Accepted Insertion Order, or the date set for the conveyance of such Data Records, as the case may be, shall constitute an irrevocable waiver by Recipient of any and all claims or objections related to such Data Records. In the event of such a waiver, Recipient hereby acknowledges and agrees that it may not in the future seek recovery of any kind of damages, whatsoever, for any such nonconforming Data Records and/or for any such errors, or seek a refund of any fees it had already paid by reason of any such nonconforming Data Records and/or any such errors regarding such Data Records. Upon receipt of timely notice from Recipient of any such nonconforming Data Records and/or any such errors, the Parties hereby acknowledge and agree that NWMS shall have five (5) days to cure any nonconformity or error by, for example, correcting any such nonconforming Data Records or any such errors therein, and/or by replacing the nonconforming or erroneous Data Records, and/or by refunding the money paid for the nonconforming or erroneous Data Records.