Common use of Faulty Information Clause in Contracts

Faulty Information. Subject to the limitations of liability contained in Article I of the Agreement and provided Customer provides correct information in the Issues Register, Bank shall be liable for losses proximately caused by its honor of a Check that was not properly payable, or its dishonor of a Check that was properly payable, if the honor or dishonor arose exclusively through its own fault and not the fault of or caused by any third person.

Appears in 3 contracts

Samples: Management Master Agreement, Management Master Agreement, Management Master Agreement

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Faulty Information. Subject to the limitations of liability contained in Article I of the Agreement and provided Customer provides correct information in the Issues Register, Bank shall be liable for losses proximately caused by its honor of a Check that was not properly payable, or its dishonor of a Check that was properly payable, if the honor or dishonor arose exclusively through its own fault and not the fault of or caused by any third person.. ELECTRONIC DATA INTERCHANGE

Appears in 1 contract

Samples: Management Master Agreement

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