Common use of ACH Clause in Contracts

ACH. Lessee shall complete, execute and deliver to Lessor an Authorization for Automatic Payment form, which authorizes Lessor to deduct payments of Basic Rent directly from Lessee's checking or savings account at a specified financial institution in accordance with this Lease and the Lease Schedules.

Appears in 2 contracts

Samples: Master Lease Agreement (International Thoroughbred Breeders Inc), Master Lease Agreement (International Thoroughbred Breeders Inc)

AutoNDA by SimpleDocs

ACH. Lessee shall complete, execute and deliver to Lessor an Authorization for Automatic Payment form, which authorizes Lessor to deduct payments of Basic Rent directly from Lessee's checking or savings account at a specified financial institution in accordance with this Lease Lease, the Charter and the any Lease Schedules.

Appears in 2 contracts

Samples: Master Lease Agreement (International Thoroughbred Breeders Inc), Master Lease Agreement (International Thoroughbred Breeders Inc)

AutoNDA by SimpleDocs

ACH. Lessee shall complete, execute and deliver to Lessor an Authorization for Automatic Payment form, which authorizes Lessor to deduct payments of Basic Rent directly from initiate variable entries to Lessee's ’s checking or savings account at a specified financial institution in accordance with for the purpose of making payments to Lessor as contemplated by this Lease and the Lease Schedules.

Appears in 1 contract

Samples: Master Lease Agreement (Southwest Casino Corp)

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