Common use of Payment Order Clause in Contracts

Payment Order. Transactions are paid in the chronological order they are received, regardless of the dollar amount or method of presentment for payment on the account. When checks are received in the same day, they are processed in check number order. When automated (ACH) transactions are received in the same day, deposits to your account are posted first, followed by payments. If the Courtesy Pay limit is exceeded, all subsequent items may be declined or returned unpaid to the merchant and you may be assessed a fee per returned item.

Appears in 4 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement

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Payment Order. Transactions are paid in the chronological order they are received, regardless of the dollar amount or method of presentment for payment on the account. When checks are received in the same day, they are processed in check number order. When automated (ACH) transactions are received in the same day, deposits to your account are posted first, followed by payments. If the Courtesy Pay WeGotYa/courtesy pay limit is exceeded, all subsequent items may be declined or returned unpaid to the merchant and you may be assessed a fee per returned item.

Appears in 3 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

Payment Order. Transactions are paid in the chronological order they are received, regardless of the dollar amount or method of presentment for payment on the account. When checks are received in the same day, they are processed in check number order. When automated (ACH) transactions are received in the same day, deposits to your account are posted first, followed by payments. If the Courtesy Pay limit is exceeded, all subsequent items may be declined or returned unpaid to the merchant and you may be assessed a fee per returned item.posted

Appears in 1 contract

Samples: Membership and Account Agreement

Payment Order. Transactions are paid in the chronological order they are received, regardless of the dollar amount or method of presentment for payment on the account. When checks are received in the same day, they are processed in check number order. When automated (ACH) transactions are received in the same day, deposits to your account are posted first, followed by payments. If the Courtesy Pay WeGotYa/courtesy pay limit is exceeded, all subsequent items may be declined or returned unpaid to the merchant and you may be assessed a fee per returned item.is

Appears in 1 contract

Samples: Membership and Account Agreement

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Payment Order. Transactions are paid in the chronological order they are received, regardless of the dollar amount or method of presentment for payment on the account. When checks are received in the same day, they are processed in check number order. When automated (ACH) transactions are received in the same day, deposits to your account are posted first, followed by payments. If the Courtesy Pay limit is exceeded, all subsequent items may be declined or returned unpaid to the merchant and you may will be assessed a fee per returned item.

Appears in 1 contract

Samples: Business Membership and Account Agreement

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