Electronic Funds Transfer Authorization Sample Clauses

Electronic Funds Transfer Authorization. If you elected to use electronic funds deposit to transfer or accept deposits, you are named on the bank account listed in the Purchase Application and can authorize funds to be withdrawn from and deposited into it. You further authorize us to initiate any correcting debit or credit to your account that may be necessary to make the withdrawal or deposit you have elected in this Purchase Application and Agreement.
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Electronic Funds Transfer Authorization. I acknowledge that SoFi Bank allows me to: (i) electronically transfer funds via ACH between my SoFi Bank Account and my external account(s) at other financial institutions, once I have successfully registered such external account(s); and (ii) set up recurring bill payments from my SoFi Bank Account to a third-party payee, once I have successfully set up such payee. I agree that I will provide the routing/transit number, account number, and type of account at the time of any such ACH transfer request, or will otherwise supply that information via a method approved by SoFi. I authorize SoFi to: (i) to execute micro credits and/or micro debits when adding new external accounts; (ii) to initiate withdrawals from any external account indicated upon submission of an ACH transfer request; and/or (iii) to withdraw selected amounts at any interval requested in my recurring Bill Pay Payment or recurring external transfer. I hereby represent and warrant that I have all necessary rights, power, and authority to debit and credit my registered external accounts that may be identified in any transfer order being executed. I further represent and warrant that I will only enter information into transfer orders that is both complete and accurate. I agree that the ACH transactions I authorize will comply with all applicable law. I acknowledge that the origination of ACH transactions must comply with the provisions of applicable law and the rules of NACHA. I agree to request that the financial institution(s) that holds my external account(s) honor all transfers in accordance with this authorization. Should there be any errors in connection with an ACH transaction that debits or credits my external account(s) or my SoFi Bank Account, such as an incorrect amount or duplicate transactions, I authorize SoFi to debit or credit my funding account or my SoFi Bank Account as needed to correct any such errors. This authorization is to remain in full force and effect until SoFi Bank has received written notification from me of its termination in such time and in such manner as to afford SoFi a reasonable opportunity to act on it. I will send my notice to: SoFi Bank, N.A., 0000 Xxxx Xxxxxxxxxx Xxxxxxx #000, Xxxxxxxxxx Xxxxxxx, Xxxx 00000.
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Electronic Funds Transfer Authorization. (Canada). 3.6.1 If Customer has elected to remit payments to Company using ACH, Customer authorizes Company to originate an electronic funds transfer credit/debit entry to Customer’s financial institution account listed below in accordance with NACHA and/or Canadian Payments Association rules, as applicable, and hereby authorizes such depository financial institution (the “Financial Institution”) to accept and to credit or debit the amount of such entry or entries to Customer’s financial account designated in the Section VI of the Agreement (the “FI Account”) for the purpose of paying (i) all regular payments and fees including set up fees, minimum usage charges and transaction fees owing by Customer to Company under the Agreement (as may be amended, supplemented, modified or renewed), and (ii) all other amounts due and owing by Customer to Company under the Agreement or any other related agreements between Company and Customer and under all attachments, exhibits and schedules to the Agreement, including but not limited to late fees, early termination fees and taxes. Customer agrees that if any debits drawn under this pre-authorized debit agreement (“PAD Agreement”) are dishonoured for any reason, then Company shall be entitled to initiate an additional debit or debits in substitution for the dishonoured debit until the debit is honoured and shall be entitled to initiate a separate debit to cover any NSF (insufficient funds) fee or dishonoured payment fees. 3.6.2 This authorization is to remain in effect until Company has received written notification from Customer of its change or termination. Customer confirms the debits authorized under this PAD Agreement are for business purposes. This notification must be received at the address provided above at least twenty (20) business days before the next debit is scheduled. To obtain a sample cancellation form, or for more information on the right to cancel a PAD Agreement, Customer may contact its Financial Institution or visit xxx.xxxxxx.xx. 3.6.3 Customer acknowledges that it understands the terms hereof and accepts and agrees to participate in this PAD Agreement with Company. Customer acknowledges that Company may assign this PAD Agreement, whether directly or indirectly, or by operation of law, by providing at least 10 days prior written notice to Customer. 3.6.4 Customer hereby waives the right to receive any notice, written or otherwise from Company of the amount to be debited to the FI Account and the da...
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Electronic Funds Transfer Authorization. If Customer has elected to remit payments to Company using ACH, Customer authorizes Company to originate an electronic funds transfer credit/debit entry to Customer’s financial institution account listed in Section VII of the Agreement in accordance with NACHA and/or Canadian Payments Association rules, as applicable, and hereby authorizes such depository financial institution (the “Financial Institution”) to accept and to credit or debit the amount of such Rev 10-16-15 entry or entries to Customer’s financial account designated in Section VII of the Agreement (the “FI Account”). Customer understands that funds held by the Financial Institution may be made available through a Company form of identification. In order to facilitate this availability, Customer authorizes Financial Institution to allow Company full access to all information relating to and about the FI Account. Customer further understands and agrees that the Automated Clearing House electronic funds transfer (“EFT”) debit entry will only be accepted by Financial Institution if sufficient funds are available in Customer’s FI Account, and Customer agrees separately with Company to deposit adequate funds into Customer's FI Account prior to each EFT debit made by Company. Customer agrees to pay Company immediately all sums refused by Financial Institution for transfer to Company. All authority given pursuant to this Section 3.6 shall remain in effect until thirty (30) days after Financial Institution, at the address indicated in the Agreement, and Company at the address indicated below, have received a written cancellation from Customer. Notice of cancellation shall not affect debit and/or credit entries initiated prior to the 30th day following Financial Institution’s and Company’S actual receipt of notice.
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Electronic Funds Transfer Authorization. Prior to activation of Demonstrator’s site, Demonstrator shall have executed and delivered to the Company the Stampin’ Up! Direct Deposit, Electronic Check and/or Credit Card Authorization Agreement.
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Electronic Funds Transfer Authorization. To fund your SPA, you authorize Finxera to initiate automated clearing house debit transfers from the designated bank account (your “Primary Account”) to your SPA in the amounts and on the dates specified by you or as transmitted to us from you by your DSP from time to time. You further authorize Finxera to initiate debit transfers from your SPA to your creditors, your DSP, and others in the amounts and on the dates directed by you, or as transmitted to us from you by your DSP from time to time. This authorization includes any transfers of fees due to your DSP based on the terms of your DSP agreement, which is incorporated herein by reference, after an approved settlement has been reached and a payment pursuant to that settlement has been made to your creditor. Finally, you authorize Finxera to deduct from your SPA any fees due to Finxera as they accrue and become payable and to credit to your SPA or the Primary Account any credits due to you. You represent that you own the Primary Account and are authorized to provide this instruction. You agree to maintain sufficient funds in the Primary Account to cover each authorized transfer and understand that Finxera may charge you a fee if there are insufficient available funds (see Fee Schedule). The financial institution holding the Primary Account also may impose a charge for insufficient funds.
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Related to Electronic Funds Transfer Authorization

  • Electronic Visit Verification ("EVV A. To ensure: 1. the EVV system is used to verify the provision of services governed under 40 TAC, Chapter 68 or its successor; 2. only authorized people access the Contractor's EVV account; 3. all data elements required by HHSC or HHSC's designee are uploaded or entered and maintained in the EVV system completely, accurately, and prior to submitting the claim; 4. that each time services governed by 40 TAC Chapter 68 or its successor are delivered to an individual, the Contractor's staff uses an HHSC-approved EVV system; and 5. service delivery documentation is immediately available for review by HHSC when requested. B. Equipment provided to Contractor by HHSC, HHSC’s designee, or an HHSC-approved EVV vendor, must be returned in good condition when the equipment is no longer needed under this Contract. In the context of this agreement, “good condition” means Contractor must not place any marks or identifying information on the equipment and may not alter information on the equipment including logos and serial numbers. If the equipment is lost, stolen, marked, altered or damaged by Contractor, Contractor may be required to pay the replacement cost for each piece of equipment that is lost, stolen, marked or damaged. Replacement costs for lost, stolen, marked or damaged equipment may be assessed periodically. If Contractor recovers previously lost or stolen equipment for which Contractor paid the replacement cost in the prior 12 months, Contractor may return the equipment and be reimbursed for the replacement costs within 12 months of the date HHSC, HHSC’s designee or an HHSC-approved EVV vendor (as applicable) received payment in full from the Contractor. This is provided the equipment is returned in good condition as specified above. C. HHSC may perform EVV compliance oversight reviews to determine if Contractor has complied with EVV compliance requirements as outlined in 40 TAC Chapter 68 or its successor, EVV Policy posted on the HHSC EVV website or EVV Policy Handbook. D. If the Contractor determines an electronic record in the EVV system needs to be adjusted at any time, the Contractor will make the adjustment in the EVV system using the most appropriate EVV reason code number(s), EVV reason code description(s) and enter any required free text when completing visit maintenance in the EVV system, if applicable. E. Contractor must begin using an HHSC-approved EVV system prior to submitting an EVV relevant claim. F. All claims for services required to use EVV (EVV claims) must match to an accepted EVV visit transaction in the EVV Aggregator (the state’s centralized EVV database) prior to reimbursement of an EVV claim. Without a matching accepted EVV visit transaction, the claim will be denied. G. Contractor must submit all EVV related claims through the Texas Medicaid Claims Administrator, or as otherwise described in the EVV Policy posted on the HHSC EVV website or in the EVV Policy Handbook. H. Contractor must complete all required EVV training as outlined in the EVV Policy posted on the HHSC EVV website or EVV Policy Handbook: • Prior to using either an EVV vendor system or an EVV proprietary system and • Yearly thereafter. I. Contractor and, if applicable, the Contractor’s appointed EVV system administrator, must complete, sign and date the EVV Onboarding Form as outlined in 40 TAC Chapter 68 or its successor, EVV Policy posted on the HHSC website or EVV Policy Handbook.

  • ACH Authorization Merchant authorizes Bank or its agents or designated representatives to initiate debit and credit entries and adjustments to the Settlement Account or the Reserve Account (described in Section 13 of the MPA) through the ACH settlement process for amounts due under the Merchant Agreement. This authorization will remain in full force and effect until termination of the Merchant Agreement and the full and final payment of all obligations of Merchant due under the Merchant Agreement. Merchant acknowledges and agrees that Bank will not be liable for any delays in receipt of funds, any failure by Merchant to receive funds, or errors in debit or credit entries caused by Merchant, or third parties, including but not limited to any Card Association or any financial institution.

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