Common use of Authorization To Access Merchant’s Account Clause in Contracts

Authorization To Access Merchant’s Account. Merchant hereby authorizes SPS-EFT to initiate debit and credit entries to Merchant’s designated account, which is identified in the Application. Merchant’s authorization shall continue in effect for at least 180 days after termination of this Agreement, or for such longer period as determined by SPS-EFT, in its sole discretion, to be necessary to properly terminate business.

Authorization To Access Merchant’s Account. Merchant Xxxxxxxx hereby authorizes SPS-EFT to initiate debit and credit entries to Merchant’s designated account, which is identified in the Application. Merchant’s authorization shall continue in effect for at least 180 days after termination of this Agreement, or for such longer period as determined by SPS-EFT, in its sole discretion, to be necessary to properly terminate business.