Authorization and Remittance Clause Samples

Authorization and Remittance. By providing Bank with names and Account information of Beneficiaries Company wishes to wire funds to, Company has authorized Bank to follow Company’s Wire Transfer instructions and to debit Company’s Wire Account and remit funds on Company’s behalf to the designated Beneficiaries.

Authorization and Remittance. Upon the District's receipt from an employee of a written authorization to deduct union membership dues ( from his/her salary, such deduction will be made and forwarded by the District to the Union. Following receipt by the District from an employee of a written revocation of such union membership dues deduction, the District shall discontinue such dues deductions in accordance with applicable law." Scarsdale Transportation Unit Contract 2021-2023

Authorization and Remittance. By providing Bank with names and Account information of Beneficiaries Company wishes to wire funds to, Company has authorized Bank to follow Company’s wire transfer instructions and to debit Company’s Wire Account and remit funds on Company’s behalf to the designated Beneficiaries. a. Company authorizes Bank to rely on verbal, tele facsimile, electronic mail, or Online Banking to initiate wire transfers. Company has or will provide Bank with names of persons authorized to initiate wire transfers. b. Each wire transfer request shall include the amount of the transfer, the Wire Account information, the Beneficiary’s name, account number, and physical address, the name and routing and transit number of the Beneficiary’s bank, and such other information as Bank may reasonably request. c. Company authorizes Bank to (a) execute and charge Company’s Wire Account at Bank for all wire transfer requests delivered to Bank in compliance with the security procedures established in Section 9(f) of this section and all other terms of the Agreement; (b) Bank will record and/or document all verbal instructions and retain the recordings or such documentation for such period of time that Bank deems necessary; (c) use whatever means Bank, in good ▇▇▇▇▇ ▇▇▇▇▇ acceptable under the circumstances to execute each wire transfer request, including selection of funds transfer system, routing, and means of transmission.

Authorization and Remittance. By providing Bank with names and Account information of Beneficiaries Third-Party Sender wishes to wire funds to, Third-Party Sender has authorized Bank to follow Third-Party Sender’s wire transfer instructions and to debit Third-Party Sender’s Wire Account and remit funds on Third-Party Sender’s behalf to the designated Beneficiaries. a. Third-Party Sender authorizes Bank to rely on verbal, tele facsimile, electronic mail, or Online Banking to initiate wire transfers. Third-Party Sender has or will provide Bank with names of persons authorized to initiate wire transfers. b. Each wire transfer request shall include the amount of the transfer, the Wire Account information, the Beneficiary’s name, account number, and physical address, the name and routing and transit number of the Beneficiary’s bank, and such other information as Bank may reasonably request. c. Third-Party Sender authorizes Bank to (a) execute and charge Third-Party Sender’s Wire Account at Bank for all wire transfer requests delivered to Bank in compliance with the security procedures established in Section 9(f) of this section and all other terms of the Agreement; (b) Bank will record and/or document all verbal instructions and retain the recordings or such documentation for such period of time that Bank deems necessary; (c) use whatever means Bank, in good ▇▇▇▇▇ ▇▇▇▇▇ acceptable under the circumstances to execute each wire transfer request, including selection of funds transfer system, routing, and means of transmission.

Authorization and Remittance a. Upon the County's receipt from an employee of a written authorization to deduct union membership dues (other than agency shop fee) from his/her salary, such deduction will be made and forwarded by the County to the Union monthly. Receipt by the County from an employee of a written statement canceling such union membership dues deduction will authorize the County to discontinue same. Said written authorizations or cancellations will be retained by the County and copies of the cancellations will be forwarded to the Union. b. The County will provide to the Union quarterly upon request a listing of names, home addresses, work locations and position titles of newly hired, reinstated, promoted, and transferred employees as well as a listing of unit employees who have terminated employment. The County will also provide to the Union at least once per year upon request, a list of all Union retirees with their current addresses. The Union will supply to the County, once per year upon request, a list of the amounts to be withheld from every bargaining unit member and where to remit said funds. The Union will update the County any time those amounts change. c. The Union shall indemnify, defend and save the County harmless against any and all claims, demands, suits or other forms of liability that shall arise out of or by reason of action taken by the County in reliance upon salary deduction authorizations submitted to the County.