ACH Authorization. In order to satisfy any of the Obligations, Purchaser is hereby authorized by Seller to initiate electronic debit or credit entries through the ACH system to Seller’s Account or any other deposit account maintained by Seller wherever located. Seller may only terminate this authorization by giving Purchaser thirty (30) days prior written notice of termination.
Appears in 3 contracts
Samples: Factoring and Security Agreement (Tri-S Security Corp), Factoring and Security Agreement (Tri-S Security Corp), Factoring and Security Agreement (Tri-S Security Corp)
ACH Authorization. In order to satisfy any of the Obligations, Purchaser is hereby authorized by Seller to initiate electronic debit or credit entries through the ACH system to Seller’s 's Account or any other deposit account maintained by Seller wherever located. Seller may only terminate this authorization by giving Purchaser thirty (30) days prior written notice of termination.
Appears in 1 contract
ACH Authorization. In order to satisfy any of the Obligations, Purchaser is hereby authorized by Seller to initiate electronic debit or credit entries through the ACH system to Seller’s 's Account or any other deposit account maintained by Seller wherever located. Seller may only terminate this authorization by giving Purchaser thirty (30) days prior written notice of termination.
Appears in 1 contract
Samples: Factoring and Security Agreement (Competitive Technologies Inc)
ACH Authorization. In order to satisfy any of the Obligations, Purchaser is hereby authorized by Seller to initiate electronic debit or credit entries through the ACH system to Seller’s Account 's DDA or any other deposit account maintained by Seller wherever located. Seller may only terminate this authorization by giving Purchaser thirty (30) days prior written notice of termination.
Appears in 1 contract
ACH Authorization. In order to satisfy any of the Obligations, Purchaser is hereby authorized by Seller to initiate electronic debit or credit entries through the ACH system to SellerPurchaser’s Account or any other deposit account maintained by Seller wherever located. Seller may only terminate this authorization by giving Purchaser thirty ten (3010) days prior written notice of termination.
Appears in 1 contract
Samples: Receivables Purchase and Security Agreement (Lightpath Technologies Inc)
ACH Authorization. In order to satisfy any of the Obligations, Purchaser is hereby authorized by Seller to initiate electronic debit or credit entries through the ACH system to Seller’s Account or any other deposit account maintained by Seller wherever located. Seller may only terminate this authorization by giving Purchaser thirty (30) days prior written notice of termination.
Appears in 1 contract
Samples: Factoring and Security Agreement (Tarpon Industries, Inc.)
