Common use of Autopay Clause in Contracts

Autopay. If you elect to repay your Elastic Cash Advance through AutoPay, we will process an AutoPay payment for the Minimum Payment Amount owed on the Payment Due Date. If you elect to make AutoPay payments via preauthorized transfer from your Bank Account, we will debit your Bank Account on the applicable Payment Due Date unless you pay the Minimum Payment Amount by other means by 6:00 PM Eastern Time the day prior to the applicable Payment Due Date.

Appears in 4 contracts

Samples: Elastic Credit Agreement, Elastic Credit Agreement, Elastic Credit Agreement

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