Debit and Credit Authorization. Company hereby authorizes the account(s) provided in conjunction with this Agreement to be debited and/or credited by Processor according to these Terms and Conditions. This authorization is also applicable for any new account information provided by Company to Processor. Company authorizes its Financial Institution to accept all credits and debits made to its account as a result of Processor’s services.
Debit and Credit Authorization. Party B hereby authorizes Party A to debit and credit the account specified in the Confirmation (or otherwise notified from Party B to Party A) for all payments owing by Party B to Party A or by Party A to Party B, respectively, in respect of all Transactions hereunder including, for the avoidance of doubt, payments owing pursuant to Section 2(a) and Section 6(e) of this Agreement.
