Common use of Reliance on Data Clause in Contracts

Reliance on Data. Metavante will perform the Services described in this Agreement on the basis of information furnished by Customer. Metavante shall be entitled to rely upon any such data, information, or instructions as provided by Customer. Customer shall notify Metavante in writing and within five (5) days after Customer’s knowledge of any error in data, reports, or material provided to Metavante by Customer or by Users. Customer shall also notify Metavante in writing and in a timely manner, which, in any event is within five (5) business days after Customer’s knowledge or Customer’s notification by any User or other party of any error believed to have been made by Metavante. IF CUSTOMER’S NOTICE TO METAVANTE OF A METAVANTE ERROR IS DELAYED BEYOND THE FIVE-DAY PERIOD, METAVANTE is RELIEVED OF ANY AND ALL RESPONSIBILITY FOR ANY DAMAGES CAUSED BY SUCH ERROR.