INADVERTENT ERRORS Sample Clauses

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INADVERTENT ERRORS. Wherever required to give the correct meaning throughout this Agreement, the singular number shall be interpreted in the plural. Clerical errors or errors of involuntary or inadvertent omission or commission shall not be interpreted as a discharge of liability on behalf of any of the parties to this Agreement. Such errors shall be rectified at the time of discovery or as soon as practicable thereafter.
INADVERTENT ERRORS. If, after the issuance of a “Coverage Certificate”, the “Insurer” or a “Covered Entity” discovers that an inadvertent error has been made in such “Coverage Certificate”, such party shall promptly notify the other parties of such inadvertent error. Following such notification, such inadvertent error may be corrected with the issuance of a replacement “Coverage Certificate”, but only under one of the following circumstances: (i) such inadvertent error was an inadvertent omission, incorrect reference, typographical error or unintended inconsistency in any “MPIC Application” or any “Coverage Certificate” and the issuance of the revised “Coverage Certificate” would not adversely affect the rights of the “Insurer” or a “Covered Entity”; (ii)(x) concurrently with the issuance of such revised “Coverage Certificate”, the “Covered Portfolio” and any related loan purchased by a “Covered Entity” is repaid to the extent necessary to restore the “Insurer” and the “Covered Entities” to the same position that each such “Person” would have occupied had such inadvertent error not occurred and (y) the issuance of the revised “Coverage Certificate” would not adversely affect the rights of the “Insurer” or a “Covered Entity”; or (iii) any other circumstance in which the issuance of such revised “Coverage Certificate” would not adversely affect the rights of the “Insurer” or a “Covered Entity”.

Related to INADVERTENT ERRORS

  • Correction of Errors Contractor shall perform, at its own cost and expense and without reimbursement from the District, any work necessary to correct errors or omissions which are caused by the Contractor’s failure to comply with the standard of care required herein.

  • Trade Errors The Sub-Advisor will notify the Manager of any Trade Error(s), regardless of materiality, promptly upon the discovery such Trade Error(s) by the Sub-Advisor. Notwithstanding Section 5, the Sub-Advisor shall be liable to the Manager, the Fund or its shareholders for any loss suffered by the Manager or the Fund resulting from Trade Errors due to negligence, misfeasance, or disregard of duties of the Sub Advisor or any of its directors, officers, employees, agents (excluding any broker-dealer selected by the Sub-Advisor), or affiliates. For purposes under this Section 6, “Trade Errors” are defined as errors due to (i) erroneous orders by the Sub-Advisor for the Series that result in the purchase or sale of securities that were not intended to be purchased or sold; (ii) erroneous orders by the Sub-Advisor that result in the purchase or sale of securities for the Series in an unintended amount or price; or (iii) purchases or sales of financial instruments which violate the investment limitations or restrictions disclosed in the Fund’s registration statement and/or imposed by applicable law or regulation (calculated at the Sub-Advisor’s portfolio level), unless otherwise agreed to in writing.

  • BILLING ERRORS In case of errors or questions about electronic fund transfers from your share and share draft accounts or if you need more information about a transfer on the statement or receipt, telephone us at the following number or send us a written notice to the following address as soon as you can. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem appears. Call us at:

  • Errors State Street shall assume no responsibility for failure to detect any erroneous payment order provided that State Street complies with the payment order instructions as received and State Street complies with the Security Procedure. The Security Procedure is established for the purpose of authenticating payment orders only and not for the detection of errors in payment orders.

  • Pricing Errors Any material errors in the calculation of net asset value, dividends or capital gain information shall be reported immediately upon discovery to the Company. An error shall be deemed "material" based on our interpretation of the SEC's position and policy with regard to materiality, as it may be modified from time to time. Neither the Trust, any Fund, the Distributor, nor any of their affiliates shall be liable for any information provided to the Company pursuant to this Agreement which information is based on incorrect information supplied by or on behalf of the Company or any other Participating Company to the Trust or the Distributor.