Electronic Check Presentment Sample Clauses
Electronic Check Presentment. As an alternative method of collecting any amount that you may owe under this Note, you authorize us to initiate, after the Due Date, an Electronic Funds Transfer (EFT) to debit your checking account identified on your application. You agree to sign any additional document(s) that we may require in order to activate the EFT described above.
Electronic Check Presentment. When you send us a check or other payment instrument, you authorize us to either use information from the paper instrument to make
Electronic Check Presentment. If you pay by check, you are authorizing us to use information on your check to make a one-time electronic debit from your account at the financial institution indicated on your check. This electronic debit will be for the amount of your check; no additional amount will be added to the electronic debit. We will process your payment using the Automated Clearing House (“ACH”) system. Electronically processed and/or presented checks (and checks presented electronically) are not returned to you by your financial institution, bank or credit union. We will retain an image of your electronically processed check as required by law. A copy of the check can also be retrieved by contacting your financial institution. Please contact the Customer Service Department at the telephone number on your Monthly Billing Statement to learn about other payment options. Irregular Payments and Delay in Enforcement, Waivers and Releases. We may accept late payments, partial payments, checks, and money orders marked “paid in full” or language having the same effect, without losing any of our rights or legal defenses. All written communications concerning disputed amounts, including a check or other payment instrument that (a) indicates that the payment constitutes “payment in full” or is otherwise tendered as full satisfaction of a disputed amount, or (b) is tendered with other conditions or limitations, must be marked or delivered to us at the address for billing inquiries shown on your Monthly Billing Statement, not the payment address. You waive presentment for payment, notice of non-payment, and you agree to any extensions of time of payment and partial payment before, at, or after maturity.
Electronic Check Presentment. Effective October 1,