Common use of Review of Statements Clause in Contracts

Review of Statements. On Eligible User’s receipt of a Billing Statement or at the end of the monthly billing cycle in which the charge occurred, the Eligible User must review it and notify the Contractor by telephone (using the appropriate telephone number set out in the Billing Statement), electronic mail, or other method that may be agreed upon by the parties of any Transaction appearing on that statement or that billing cycle which the Eligible User considers may have resulted from any Unauthorized Use. The Eligible User must give this notice as soon as reasonable but in any event not later than sixty days after the Eligible User receives the Billing Statement or after the end of the monthly billing cycle in which the charge occurred.