Common use of The Bank's Liability Clause in Contracts

The Bank's Liability. for non-execution or incorrect execution or incorrect or late execution of payment operations - general The Bank, at the request of and at no cost for the Customer, shall make immediate efforts, regardless of its liability, as laid down under clauses 6.6 and 6.7 above, to identify and monitor the payment operation, and to notify the Customer of the outcome, in the event of a payment operation not executed or incorrectly executed. The Bank is liable to the Customer for all the losses caused, including for all the commissions for which it is responsible and for any interest applied to the Customer, as a result of the non-execution or incorrect execution, including with delay, of the payment operation, due to causes imputable to the Bank.

The Bank's Liability. for non-execution or incorrect execution or incorrect or late execution of payment operations - general The Bank, at the request of and at no cost for the Customer, shall make immediate efforts, regardless of its liability, as laid down under clauses 6.6 and 6.7 above, to identify and monitor the payment operation, and to notify the Customer of the outcome, in the event of a payment operation not executed or incorrectly executed. The Bank is liable to the Customer for all the losses caused, including for all the commissions for which it is responsible and for any interest applied to the Customer, as a result of the non-non- execution or incorrect execution, including with delay, of the payment operation, due to causes imputable to the Bank.