Common use of LIABILITY FOR ERRORS AND OMISSIONS Clause in Contracts

LIABILITY FOR ERRORS AND OMISSIONS. If the Credit Union makes an error or omission in recording any Transaction, the Credit Union will only be liable for the amount of the error or omission if the Depositor has given written notice to the Credit Union within the time provided in this Agreement. If the Depositor has given such notice, the Credit Union’s liability is limited to the amount of the error or omission. In no event will the Credit Union be liable for any delay, inconvenience, loss, or damage (whether direct, indirect, or consequential) whatsoever caused by, or arising from, any such error or omission, even if the Credit Union has been negligent.

Appears in 3 contracts

Samples: www.envisionfinancial.ca, www.envisionfinancial.ca, www.valleyfirst.com

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LIABILITY FOR ERRORS AND OMISSIONS. If the Credit Union makes an error or omission in recording any Transaction, the Credit Union will only be liable for the amount of the error or omission if the Depositor Trustee has given written notice to the Credit Union within the time provided in this Agreement. If the Depositor Trustee has given such notice, the Credit Union’s liability is limited to the amount of the error or omission. In no event will the Credit Union be liable for any delay, inconvenience, loss, or damage (whether direct, indirect, or consequential) whatsoever caused by, or arising from, any such error or omission, even if the Credit Union has been negligent.

Appears in 2 contracts

Samples: www.envisionfinancial.ca, www.islandsavings.ca

LIABILITY FOR ERRORS AND OMISSIONS. If the Credit Union makes an error or omission in recording or processing any Transaction, the Credit Union will is only be liable for the amount of the error or omission if the Depositor has not caused or contributed to the error or omission in any way, has complied with the Account Contract, has given written notice to the Credit Union within the time provided in this AgreementAccount Contract, and to the extent the liability is not otherwise excluded by the Account Contract. If the Depositor has given such notice, the Credit Union’s 's maximum liability is limited to the amount of the error or omission. In no event will the Credit Union be liable for any delay, inconvenience, cost, loss, or damage (whether direct, special, indirect, exemplary, or consequential) whatsoever caused by, or arising from, any such error or omission, even if the Credit Union has been negligent.

Appears in 1 contract

Samples: Account Agreement

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LIABILITY FOR ERRORS AND OMISSIONS. If the Credit Union makes an error or omission in recording any Transaction, the Credit Union will only be liable for the amount of the error or omission if the Depositor has given written notice to the Credit Union within the time provided in this Agreement. If the Depositor has given such notice, the Credit Union’s liability is limited to the amount of the error or omission. In no event will the Credit Union be liable for any delay, inconvenience, loss, or damage (whether direct, indirect, or consequential) whatsoever whatsoever, caused by, by or arising from, from any such error or omission, even if the Credit Union has been negligent.

Appears in 1 contract

Samples: www.islandsavings.ca

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