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or accept deposits, you are named on the bank account listed in the Purchase Application and can authorize funds to be withdrawn from and deposited into it.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.
Electronic Funds Transfer Authorization. (1) 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. (2) You will notify Finxera and your DSP if you decide to designate another Primary Account or wish to change the amount or the date for transfers to or from your SPA. Notice of any change affecting this authorization (including termination) must be provided to Finxera in such a manner and sufficiently in advance to allow Finxera and any affected financial institution a reasonable opportunity to act, no later than three (3) business days beforehand. (3) This authorization shall remain in effect until you give notice of termination by contacting Finxera Customer Service at P.O. Box 940, San Jose, CA 95113, or at 0-000-000-0000. (4) You acknowledge that your transactions must comply with the provisions of U.S. law. (5) Finxera may terminate this processing service, with or without cause, at any time by sending notice to your last known address and/or to your DSP, specifying the effective date of termination, which may be immediate. (6) You understand that you have the right to close your SPA at any time and receive your money back as described in Paragraph 1 of the “Additional Terms and Conditions” on Page 3 of this A...
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.
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.
Electronic Funds Transfer Authorization. (Canada).
