AUTHORIZATION FOR AUTOMATIC PAYMENT Sample Clauses

AUTHORIZATION FOR AUTOMATIC PAYMENT. The authorization for the automatic payment of interest pursuant to Section 2.6 shall be in effect and the Borrower shall have not revoked such authorization.
Sample 1
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AUTHORIZATION FOR AUTOMATIC PAYMENT. By signing below each Borrower/Co-borrower authorizes BECU to automatically transfer the new payment amounts from the specified checking or savings account on each due date, beginning with the first new payment due date specified below. Each new payment amount will be due and owing on the new scheduled payment dates whether or not an employer is authorized to make automatic payroll deductions, whether or not I/we continue to authorize automatic payment transfers from a BECU checking or savings account, and whether or not this automatic payment plan is terminated for any reason. I/We agree that BECU may terminate this automatic payment plan if (1) funds are not available in the designated account on any scheduled payment date, (2) the Loan Contract is sold or assigned by BECU to any other person or entity, or (3) BECU ceases to offer any or all automatic transfer plans at any time at its sole discretion. Each Applicant/Co-applicant acknowledges that they will be in default of the payment obligations under the Contract if any payment is not made in full on the date when it is due according to the new payment schedule. 4. REPRESENTATION AND ACKNOWLEDGMENT. By signing below each undersigned Borrower/Co-borrower represents that they are not currently in default under the terms of the above Contract. Each acknowledges that if (1) payments under this preauthorized automatic transfer are stopped by a Borrower/Co-borrower or any Account-holder, (2) this automatic transfer plan is no longer available or is terminated or discontinued for any reason, or (3) funds are not available in the specified checking or savings account to make payment in full on any scheduled payment date.
Sample 1
AUTHORIZATION FOR AUTOMATIC PAYMENT. I authorize the City of Yankton and the financial institution named below to initiate entries to my (our) checking or savings account for utility payments. This authority will remain in effect until I notify you in writing to cancel, notification to be submitted by the 15th of the month to afford reasonable opportunity to act on it.
Sample 1
AUTHORIZATION FOR AUTOMATIC PAYMENT. The undersigned Kior, Inc. (“Borrower”) authorizes [Leader Lending, LLC-Series A and Leader Lending, LLC-Series B] and any and all affiliated funds (collectively, “Lender”) and the bank / financial institution (“Bank”) named below to initiate variable debit and/or credit entries to Borrower’s deposit, checking or savings accounts as designated below and to cause funds transfers to an account of Lender as payment of any and all amounts due under the Loan and Security Agreement between Borrower and Lender dated December , 2009 (the “Loan Agreement”).
Sample 1
AUTHORIZATION FOR AUTOMATIC PAYMENT. The undersigned HemoSense, Inc. (“Borrower”) authorizes Lighthouse Capital Partners V, L.P. and any and all affiliated funds (collectively, “Lender”) and the bank / financial institution (“Bank”) named below to initiate variable debit and/or credit entries to Borrower’s deposit, checking or savings accounts as designated below and to cause funds transfers to an account of Lender as payment of any and all amounts due under the Loan and Security Agreement between Borrower and Lender dated March —5, 2004 (the “Loan Agreement”).
Sample 1
AUTHORIZATION FOR AUTOMATIC PAYMENT. The undersigned CODEXIS, INC. (“Borrower”) authorizes Lighthouse Capital Partners V, L.P. and any and all affiliated funds (collectively, “Lender”) and the bank / financial institution (“Bank”) named below to initiate variable debit and/or credit entries to Borrower’s deposit, checking or savings accounts as designated below and to cause funds transfers to an account of Lender as payment of any and all amounts due under the Loan and Security Agreement between Borrower and Lender dated February 12, 2004 (the “Loan Agreement”).
Sample 1

Related to AUTHORIZATION FOR AUTOMATIC PAYMENT

  • Authorization, Etc This Agreement and the Notes have been duly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes, and upon execution and delivery thereof each Note will constitute, a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

  • Authorization for Agreement The execution and performance of this ---------------------------- Agreement by Licensee and Manager have been duly authorized by all necessary laws, resolutions or corporate action, and this Agreement constitutes the valid and enforceable obligations of Licensee and Manager in accordance with its terms except as such enforceability may be limited by creditors rights laws and general principles of equity.

  • Authorization for Leave The Chief Superintendent or designee shall be authorized to grant leaves in accordance with the Adoptive Leave Section, with the exception that additional leave requested in accordance with Section 3.6 shall require approval of the Board.

  • Authorization of Agreement, Etc The Borrower has the right and power, and has taken all necessary action to authorize it, to borrow and obtain other extensions of credit hereunder. The Borrower and each other Loan Party has the right and power, and has taken all necessary action to authorize it, to execute, deliver and perform each of the Loan Documents to which it is a party in accordance with their respective terms and to consummate the transactions contemplated hereby and thereby. The Loan Documents to which the Borrower or any other Loan Party is a party have been duly executed and delivered by the duly authorized officers of such Person and each is a legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective terms except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally and the availability of equitable remedies for the enforcement of certain obligations (other than the payment of principal) contained herein or therein may be limited by equitable principles generally.

  • Termination for Withdrawal of Authority Enterprise Services may suspend or terminate this Master Contract if, during the term hereof, Enterprise Services’ procurement authority is withdrawn, reduced, or limited such that Enterprise Services, in its judgment, would lack authority to enter into this Master Contract; Provided, however, that such suspension or termination for withdrawal of authority shall only be effective upon twenty (20) days prior written notice; and Provided further, that such suspension or termination for withdrawal of authority shall not relieve any Purchaser from payment for goods and/or services already ordered as of the effective date of such notice. Except as stated in this provision, in the event of such suspension or termination for withdrawal of authority, neither Enterprise Services nor any Purchaser shall have any obligation or liability to Contractor.

  • Notification of Absence A unit member shall contact the office of the division xxxx whenever there is a need to be absent and at least thirty (30) minutes prior to missing any work assignment. Should circumstances prohibit this notification, the unit member shall notify the division office in writing, within one week of returning to work, providing the reasons why advance notification was not given.

  • Annual Notification of Rights If the LEA has a policy of disclosing Education Records and/or Student Data under FERPA (34 CFR § 99.31(a)(1)), LEA shall include a specification of criteria for determining who constitutes a school official and what constitutes a legitimate educational interest in its annual notification of rights.

  • Authorization and Application of Overtime An employee who is required to work overtime shall be entitled to overtime compensation when the overtime worked is authorized in advance.

  • Authorization of Overtime All overtime work must be authorized by the employee's immediate Manager.

  • Notification of Subsequent Employer Executive hereby agrees that prior to accepting employment with, or agreeing to provide services to, any other Person during any period during which Executive remains subject to any of the covenants set forth in Section 5, Executive shall provide such prospective employer with written notice of such provisions of this Agreement, with a copy of such notice delivered simultaneously to the Company.

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