Common use of Payment Authorization Clause in Contracts

Payment Authorization. Each time you authorize us to take an electronic payment from your Payment Source Account, you represent and warrant that you are legally authorized to use such Payment Source Account. By providing us with your Payment Source Account information, you authorize us to: • Retain this information for the purpose of initiating electronic payments based on your instructions; • Periodically make credits to any Payment Source Account, beginning with the most recently linked Payment Source Account that has not been deleted; and • Correct any payment, credit, or account errors. When you authorize us to take an electronic payment from your Apple Cash account, you are also authorizing Apple Payments, Inc. to transfer the payment amount from your Apple Cash account to Xxxxxxx Xxxxx Bank USA, Salt Lake City Branch. Your authorization will continue until it is cancelled as described below, or when your Account is closed with a zero balance.

Appears in 7 contracts

Samples: Apple Card Customer Agreement, Apple Card Customer Agreement, Apple Card Customer Agreement

AutoNDA by SimpleDocs

Payment Authorization. Each time you authorize us to take an electronic payment from your Payment Source Account, you represent and warrant that you are legally authorized to use such Payment Source Account. By providing us with your Payment Source Account information, you authorize us to: • Retain retain this information for the purpose of initiating electronic payments based on your instructions; • Periodically periodically make credits to any Payment Source Account, beginning with the most recently linked Payment Source Account that has not been deletedAccount; and • Correct correct any payment, credit, or account errors. When you authorize us to take an electronic payment from your Apple Cash account, you are also authorizing Apple Payments, Inc. to transfer the payment amount from your Apple Cash account to Xxxxxxx Xxxxx Bank USA, Salt Lake City Branch. Your authorization will continue until it is cancelled as described below, or when your Account is closed with a zero balance.

Appears in 2 contracts

Samples: Apple Card Customer Agreement, Apple Card Customer Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!