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

Authorization to Correct Errors and Modify Payments. In the event of an error in processing a Charge or EFT, you authorize the Lightning to initiate a credit or debit to the Card or to the Deposit Account to correct the error. If you inadvertently transpose a digit or make a similar error in providing the Lightning with information about a payment method, you authorize the Lightning to correct the error after verifying the information with you. Instead of or in addition to any payments described above, you authorize the Lightning to create or initiate an EFT to the Deposit Account or Charge the Card for any amount and on any date that you subsequently confirm by phone, text message, or email. If the Installment Amount that you owe to us includes fractional cents, you authorize the Lightning 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.

Authorization to Correct Errors and Modify Payments. In the event of the Lightning make an error in processing a Charge or EFT, you authorize the Lightning to initiate a credit or debit to the Card or to the Deposit Account to correct the error. If you inadvertently transpose a digit or make a similar error in providing the Lightning with information about a payment method, you authorize the Lightning to correct the error after verifying the information with you. Instead of or in addition to any payments described above, you authorize the Lightning to create or initiate an EFT to the Deposit Account or Charge the Card for any amount and on any date that you subsequently confirm by phone, text message, or email. If the Installment Amount that you owe to us includes fractional cents, you authorize the Lightning 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.