Common use of Quoting Error Clause in Contracts

Quoting Error. Should a quoting error occur due to a typographical error or obvious mistake in a quote or Indication (the “Quoting Error”), ▇▇ ▇▇▇▇▇▇ is not liable for any damages, claims, losses, liabilities or costs arising from the Quoting Error. ▇▇ ▇▇▇▇▇▇ reserves the right to make the necessary adjustments to correct the Quoting Error. Any dispute arising from a Quoting Error will be resolved on the basis of the fair market value, as determined by ▇▇ ▇▇▇▇▇▇ acting reasonably, of the relevant currency pair at the time such Quoting Error occurred.