Common use of DATA REVIEW AFTER PROCESSING Clause in Contracts

DATA REVIEW AFTER PROCESSING. It shall be Customer’s responsibility to review, verify and make a final audit of all Output. Customer will balance reports to verify master file information and will inspect and review all reports and other Output (whether printed or electronically transmitted) created from Data provided by Customer to Fidelity. Customer will reject all incorrect reports or Output (a) within [***] after receipt of daily reports or Output, (b) within [***] after receipt of annual, quarterly or monthly reports or Output, and (c) within [***] after receipt of all other reports or Output. Fidelity will correct any errors in Customer’s files that result in errors in reports or other Output where such errors are solely because of either malfunctions of Fidelity’s equipment or its systems or errors of Fidelity’s operators, programmers or other personnel and are called to Fidelity’s attention within the time frames specified for balancing and rejecting reports. Fidelity will, to the extent reasonably practicable, correct any other errors for an additional charge. The foregoing are Customer’s exclusive remedies for errors in reports or other Output provided by Fidelity under this Agreement. [***] Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended