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 Terms, Factoring Agreement Terms, Factoring Agreement Terms

AutoNDA by SimpleDocs

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.)

AutoNDA by SimpleDocs

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.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!