ACH Debit Authorization Agreement Clause Samples
ACH Debit Authorization Agreement. Charter School shall pay all Base Rent and Additional Rent to Foundation or its Assignee, c/o , by means of electronic debit payments authorized under the ACH Authorization Agreement executed by Charter School in favor of Wilmington Trust, and attached hereto as Exhibit C. Upon execution of this Agreement, Charter School shall deliver to Foundation or its Assignee the completed ACH Authorization Agreement, together with a voided check for account verification, whereby payments of the Base Rent and Additional Rent are transferred by electronic debit to Foundation or its Assignee from the (transactional) depository account in which public school funds are customarily placed on deposit by Charter School.
ACH Debit Authorization Agreement. You hereby authorize Recreation Vehicle Dealers Association of North America, hereinafter called RVDA to debit funds from your checking /savings account indicated at the Financial Institution indicated below. In the event of an error, you authorize RVDA to take any and all action required to correct the error. You understand that any debit returned to RVDA marked “insufficient funds or uncollected funds” will automatically be processed against the account a second time.
ACH Debit Authorization Agreement