Common use of Authorization for Transfers/Debiting of Accounts Clause in Contracts

Authorization for Transfers/Debiting of Accounts. Any Authorized Person is authorized to make or order electronic funds transfers to or from your account. We will debit your account for the amount of an electronic funds transfer and will charge your account for any fees related to the transfer. If a signature is required to authorize a funds transfer, the required number of signatures of Authorized Persons must be present before we will execute the transfer.

Appears in 29 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement

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Authorization for Transfers/Debiting of Accounts. Any Authorized Person is authorized to make or order electronic funds transfers to or from your account. We will debit your account for the amount of an electronic funds transfer and will charge your account for any fees related to the transfer. If a signature is required to authorize a funds transfer, the required number of signatures of Authorized Persons must be present before we will execute the to transfer.

Appears in 3 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Business Membership and Account Agreement

Authorization for Transfers/Debiting of Accounts. Any Authorized Person owner is authorized to make or order electronic funds transfers to or from your account. We will debit your account for the amount of an electronic funds transfer and will charge your account for any fees related to the transfer. If a signature is required to authorize a funds transfer, the required number of signatures of Authorized Persons account owners must be present before we will execute the transfer.

Appears in 3 contracts

Samples: Business Services Membership Account Agreement and Credit Application, Business Account Agreements and Disclosures, Business Services Membership Account Agreement and Credit Application

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Authorization for Transfers/Debiting of Accounts. Any Authorized Person is authorized to make or order electronic funds transfers to or from your account. We will debit your account for the amount of an electronic funds transfer and will charge your account for any fees related to the transfer. If a signature is required to authorize a funds transfer, the required number of o f signatures of Authorized Persons must be present before we will execute the transfer.

Appears in 1 contract

Samples: Business Membership and Account Agreement

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