Common use of Confirmations and Statements Clause in Contracts

Confirmations and Statements. 6.1 The Bank will issue a Confirmation to the Customer after the execution of each Instruction, and issue Statements from time to time at such intervals as the Bank may deem necessary. The terms specified in each Confirmation and Statement shall be deemed to be agreed by the Customer unless the Bank receives notice in writing from the Customer of any errors therein within fourteen (14) days of its receipt. Subject to any such notice by the Customer, all Confirmations shall be final, conclusive and binding on the Customer.

Confirmations and Statements. 6.1 The Bank will issue a Confirmation to the Customer after the execution of each Instruction, and issue Statements from time to time at such intervals as the Bank may deem necessary. The terms specified in each Confirmation and Statement shall be deemed to be agreed by the Customer unless the Bank receives notice in writing from the Customer of any errors therein within fourteen (14) 14 days of its receipt. Subject to any such notice by the Customer, all Confirmations shall be final, conclusive and binding on the Customer.