Common use of Electronic Checks Clause in Contracts

Electronic Checks. If you authorize a merchant to elec- tronically debit your share draft account using the routing, ac- count and serial number of your check to initiate the transfer, whether the check is blank, partially or fully completed and signed, such authorization is an electronic check conversion. An electronic check conversion is an electronic funds transfer (“EFT”) agreement subject to the terms in section III. ELEC-

Electronic Checks. If you authorize a merchant to elec- tronically electronically debit your share draft account using the routing, ac- count account, and serial number of your check draft to initiate the transfer, whether the check draft is blank, partially partially- or fully fully-completed and signed, such authorization is an electronic check draft conversion. An electronic check conversion is an electronic funds fund transfer (“EFT”) agreement subject to the terms in section IIIof the Electronic Fund Transfers Agreement. ELEC-You authorize us to honor any electronic draft conversion from your share draft account.

Electronic Checks. If you authorize a merchant to elec- tronically electronically debit your share draft account using the routing, ac- count account, and serial number of your check draft to initiate the transfer, whether the check draft is blank, partially or fully completed and signed, such authorization is an electronic check draft conversion. An electronic check conversion is an electronic funds fund transfer (“EFT”) agreement subject to the terms in section IIIof the Electronic Fund Transfers Agreement. ELEC-You authorize us to honor any electronic draft conversion from your share draft account.

Electronic Checks. If you authorize a merchant to elec- tronically electronically debit your share draft account using the routing, ac- count account and serial number of your check to initiate the transfer, whether the check is blank, partially or fully completed and signed, such authorization is an electronic check conversion. An electronic check conversion is an electronic funds transfer (“"EFT”") agreement subject to the terms in section III. ELEC-.