Common use of Account Authorization Clause in Contracts

Account Authorization. Company authorizes Processor and or IC to initiate electronic debit and or credit entries to and from the bank account disclosed below. Company understands that adjustment entries may be made to this account to insure an accurate and balanced accounting of all transactions. This authorization will remain in effect until Company cancels authorization in writing. Name on Bank Account Bank Name Bank Routing Number (nine digits) Bank Account Number Account Type (checking or savings)

Account Authorization. Company Processor authorizes Processor and or IC to initiate electronic debit and or and/or credit entries to and from the bank account disclosed below. Company Processor understands that adjustment entries may be made to this account to insure an accurate and balanced accounting of all transactions. This authorization will remain in effect until Company Processor cancels authorization in writing. Name on Bank Account Bank Name Bank Routing Number (nine digits) Bank Account Number Account Type (checking or savings)) Bank’s Telephone Number

Account Authorization. Company authorizes Processor and or IC to initiate electronic debit and or credit entries to and from the bank account disclosed below, and to/from other bank accounts subsequently identified by Company in writing. Company understands that adjustment entries may be made to this account (and subsequently identified accounts) to insure ensure an accurate and balanced accounting of all transactions. This authorization will remain in effect until Company cancels the authorization in writing. Name on Bank Account Bank Name Name: Bank Routing Number (nine digits) ): Bank Account Number Number: Account Type (checking or savings)):

Account Authorization. Company authorizes Processor and or IC to initiate electronic debit and or credit entries to and from the bank account disclosed below, and to/from any other bank accounts subsequently identified by Company in writing. Company understands that adjustment entries may be made to this account (and subsequently identified accounts) to insure ensure an accurate and balanced accounting of all transactions. This authorization will remain in effect until Company cancels the authorization in writing. Name on Bank Account Bank Name Bank Routing Number (nine digits) Bank Account Number Account Type (checking or savings)) Checking