Common use of Authorization to Correct Errors and Modify Payments Clause in Contracts

Authorization to Correct Errors and Modify Payments. In the event the Kings make an error in processing a Charge or EFT, you authorize the Kings to initiate a credit or debit to the Card or to the Account to correct the error. If you inadvertently transpose a digit or make a similar error in providing the Kings with information about a payment method, you authorize the Kings to correct the error after verifying the information with you. Instead of or in addition to any payments described above, you authorize the Kings to create or initiate an EFT to the Account or charge the Card for any amount and on any date that you subsequently confirm by phone, text message, or email. If the amounts that result from multiplying percentages specified in a Payment Option by the remaining portion of the License Fee that you owe to us include fractional cents, you authorize the Kings to round the amounts up or down to the nearest xxxxx and to make up any rounding overage or shortfall by adjusting the last payment.

Appears in 10 contracts

Samples: Automatic Payment Agreement, Automatic Payment Agreement, Automatic Payment Agreement

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Authorization to Correct Errors and Modify Payments. In the event the Kings make an error in processing a Charge or EFT, you authorize the Kings to initiate a credit or debit to the Card or to the Account to correct the error. If you inadvertently transpose a digit or make a similar error in providing the Kings with information about a payment method, you authorize the Kings to correct the error after verifying the information with you. Instead of or in addition to any payments described above, you authorize the Kings to create or initiate an EFT to the Account or charge Charge the Card for any amount and on any date that you subsequently confirm by phone, text message, or email. If the amounts that result from multiplying percentages specified in a Payment Option by the remaining portion of the License Fee that you owe to us include fractional cents, you authorize the Kings to round the amounts up or down to the nearest xxxxx and to make up any rounding overage or shortfall by adjusting the last payment.

Appears in 2 contracts

Samples: Automatic Payment Agreement, nhl.bamcontent.com

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