Common use of Account Statements Clause in Contracts

Account Statements. Xxxxx Xxxxxxxx shall provide Customer with periodic statements showing the Precious Metals in the Account and the transactions conducted on the Account since the last such statement. Customer must notify Xxxxx Xxxxxxxx in writing of any actual or suspected errors or inaccuracies in any statement from Xxxxx Xxxxxxxx within thirty (30) days after Customer’s receipt of such statement. If Xxxxx Xxxxxxxx does not receive notice of errors or inaccuracies with respect to a statement within such 30-day period, such statement shall be deemed accurate and correct and Customer waives all rights to contest such statement or any charges or fees billed to Customer on such statement. Customer hereby releases Xxxxx Xxxxxxxx from any liability for damages Customer may incur as a result of Customer’s failure to notify Xxxxx Xxxxxxxx of actual or suspected errors or inaccuracies in any account statement within such 30-day period.

Appears in 16 contracts

Samples: Custody Agreement, Custody Agreement, Custody Agreement

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Account Statements. Xxxxx Xxxxxxxx shall provide Customer with periodic statements showing the Precious Metals in the Account and the transactions conducted on the Account since the last such statement. Customer must notify Xxxxx Xxxxxxxx in writing of any actual or suspected errors or inaccuracies in any statement from Xxxxx Xxxxxxxx within thirty (30) days after Customer’s receipt of such statement. If Xxxxx Xxxxxxxx does not receive notice of errors or inaccuracies with respect to a statement within such 30-day period, such statement shall be deemed accurate and correct and Customer waives all rights to contest such statement or any charges or fees billed to Customer on such statement. Customer hereby releases Xxxxx Xxxxxxxx from any liability for damages Customer may incur as a result of Customer’s failure to notify Xxxxx Xxxxxxxx of actual or suspected errors or inaccuracies in any account statement within such 30-30- day period.

Appears in 2 contracts

Samples: Custody Agreement, Custody Agreement

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