Common use of ACH Authorization Clause in Contracts

ACH Authorization. In order to facilitate the purchase of Receivables and satisfy any of the Obligations under this Agreement, Seller irrevocably authorizes Buyer to initiate debits or credits through the ACH or any other wire transfer system in effect.

Appears in 5 contracts

Samples: Factoring Agreement, Factoring Agreement, Factoring Agreement

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ACH Authorization. In order to facilitate the purchase of Receivables and satisfy any of the Obligations under this AgreementObligations, Seller irrevocably authorizes Buyer Purchaser to initiate debits electronic debit or credits credit entries through the ACH or system to any other wire transfer system in effectdeposit account maintained by Seller.

Appears in 4 contracts

Samples: Revolving Purchase, Loan and Security Agreement (Unique Logistics International Inc), Factoring and Security Agreement (Zoo Entertainment, Inc), Factoring and Security Agreement (Driftwood Ventures, Inc.)

ACH Authorization. In order to facilitate the purchase of Receivables and satisfy any of the Obligations under this Agreement, and the payment of the Obligations, Seller irrevocably authorizes Buyer to initiate debits or credits through the ACH or any other wire transfer system in effect.

Appears in 3 contracts

Samples: Factoring Agreement (Recruiter.com Group, Inc.), Factoring Agreement (MR2 Group, Inc.), Factoring Agreement (Monster Digital, Inc.)

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ACH Authorization. In order to facilitate the purchase of Receivables and satisfy any of the Obligations under this Agreement, and the payment of the Obligations, Seller irrevocably authorizes Buyer to initiate debits or credits credit; through the ACH or any other wire transfer system in effect.

Appears in 2 contracts

Samples: Factoring Agreement, Factoring Agreement (Stellar Acquisition III Inc.)

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