Common use of Review of Statements Clause in Contracts

Review of Statements. You agree to promptly review all statements, receipts, billing statements, bank statements, invoices and other documents containing fees, charges, Chargebacks, expenses, costs, amounts due, amounts payable or amounts held in reserve (together, “Invoices”) prepared by or for Processor and/or Bank and made available to you, whether in electronic or hard copy form, including, without limitation, Invoices available on the internet or provided pursuant to Processor’s on-line reporting tools. You agree to carefully review all Invoices to identify any potential, claimed, or actual incorrect, erroneous, inapplicable, excessive, inaccurate, or otherwise improper fees, costs, expenses, charges, costs, deductions, offsets, setoffs, amounts held or amounts paid (individually and collectively, “Errors”). Within sixty (60) days of any Invoice being made available to You, whether in hard copy or electronically, You shall inform Processor, in writing, of any Error, including, but not limited to, any objection to or dispute regarding the propriety, amount, applicability, validity, excessiveness, accuracy, or appropriateness of any fee, cost, expense, charge, Chargeback, setoff, deduction, offset, amount held, or amount paid. YOU ACKNOWLEDGE, STIPULATE, AND AGREE THAT ANY OBJECTION TO, DISPUTE ABOUT, OR CLAIM RELATING TO ANY FEE, COST, EXPENSE, CHARGE, CHARGEBACK, SETOFF, DEDUCTION, OFFSET, AMOUNT HELD, OR AMOUNT PAID, IS FULLY AND FINALLY RELEASED AND WAIVED UNLESS PROCESSOR RECEIVES THE OBJECTION, DISPUTE OR CLAIM, IN WRITING, WITHIN