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”), WorldFirst is not liable for any damages, claims, losses, liabilities or costs arising from the Quoting Error. WorldFirst 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 WorldFirst acting reasonably, of the relevant currency at the time such Quoting Error occurred.

Quoting Error. 6.15.1 Should a quoting error occur due to a typographical error or obvious mistake in a quote or indication (the “Quoting Error”), WorldFirst is not liable for any damages, claims, losses, liabilities or costs arising from the Quoting Error. WorldFirst 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 WorldFirst acting reasonably, of the relevant currency at the time such Quoting Error occurred. .