Common use of Duty to Inspect Clause in Contracts

Duty to Inspect. Member is responsible for monitoring all Services provided by Navigant, including each individual transaction processed by Navigant, and notifying Navigant of any errors or other problems within ten (10) Calendar Days (or such longer period as may be required by applicable law) after Navigant has made available to Member any report, statement or other material containing or reflecting the error, including an Account analysis statement or Internet Account access. Except to the extent required by law, failure to notify Navigant of an error or problem within such time will relieve Navigant of any and all liability for interest upon correction of the error or problem (and for any loss from any subsequent transaction involving the same error or problem). In the event Member fails to report such error or problem within thirty (30) Calendar Days (or such longer period as may be required by applicable law) after Navigant made available such report, statement or Internet Account access, the transaction shall be deemed to have been properly authorized and executed, and Navigant shall have no liability with respect to such error or problem.

Appears in 6 contracts

Samples: Credit Union Business Online Banking Agreement, Credit Union Business Online Banking Agreement, Credit Union Business Online Banking Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.