Common use of NOTIFICATION BY CLIENT Clause in Contracts

NOTIFICATION BY CLIENT. 8.1 Without prejudice to Clauses 5.1 and 5.2 herein, Client agrees that it shall notify the Company immediately and in any case not later than twenty- four (24) hours from the time Client should have become aware of the existence of any of the following : a. Any loss or theft of Client’s User ID, sign-on password, Client code or PIN; b. Any unauthorised use of any of Client’s User ID, sign-on password, Client code or PIN, or of the Service or any information obtained thereunder; c. Any failed or incorrect receipt of an order initiated by Client through the Service upon Client’s review of the Order Status Screens of the Service; and d. Any receipt of confirmation (whether electronic, written or otherwise) of business done of an order which Client did not place or any receipt of inaccurate or conflicting report or information. In all cases, the Company reserves the right to determine the validity of Client’s objection to a transaction arising from, but not limited to, the above. 8.2 In the event that Client shall fail to notify the Company of the occurrence of any of the above incidents within the period of time stipulated above, neither the Company nor any of its information providers, licensors, employees or agents, shall be responsible and/ or liable to Client or any other party whose claim may arise through Client for any claims with respect to handling, mishandling or the loss of any order.