Common use of Notice of Varying Amount Clause in Contracts

Notice of Varying Amount. If these regular payments are to vary in amount, the person you are going to pay will tell you 10 days before each payment when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set. Liability for failure to stop payment: If you order us to stop one of these preauthorized payments three business days or more before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.

Notice of Varying Amount. If these regular payments are to may vary in amount, the person you are going to pay will tell you 10 you, ten (10) days before each payment payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, payment or when the amount would fall outside certain limits that you set. Liability for failure Failure to stop payment: Stop Payment of Preauthorized Transfers. If you order us to stop one of these preauthorized payments three (3) business days or more before the transfer is scheduled scheduled, and we do not do so, we will be liable for your losses or damages.