Common use of PAYMENTS BY AUTOMATIC TRANSFER Clause in Contracts

PAYMENTS BY AUTOMATIC TRANSFER. If I request payment by automatic transfer, I understand and agree that no payment can or will be made if there are insufficient or uncollected funds in the designated account to make the scheduled payment. Should this event occur, I understand and agree that I will not be released from making the payment. Any automatic transfer I have requested will remain in effect until I cancel it in writing or the Account Balance is paid in full. My written notice to cancel must be received by you, at PO BOX 10188, Xxx Xxxx, CA 91410-0188, at least three (3) business days before the automatic transfer is scheduled to occur. You may cancel this service at your discretion. DEFAULT: I will be in default if: (1) I do not pay on time or in the proper amount(s); (2) I have made a false or misleading statement on my application; (3) I fail to live up to any of the terms of this Agreement; (4) my creditworthiness is impaired; or (5) I die, become insolvent or am the subject of bankruptcy or receivership proceedings. In the event of any action by you to enforce this Agreement, I agree to pay the costs thereof, including reasonable attorneys’ fees, and other expenses. I understand and agree that INTEREST CHARGES at the ANNUAL PERCENTAGE RATE as permitted under this Agreement will continue to accrue until I repay my entire Account Balance.

PAYMENTS BY AUTOMATIC TRANSFER. If I request payment by automatic transfer, I understand and agree that no payment can or will be made if there are insufficient or uncollected funds in the designated account to make the scheduled payment. Should this event occur, I understand and agree that I will not be released from making the payment. Any automatic transfer I have requested will remain in effect until I cancel it in writing or the Account Balance is paid in full. My written notice to cancel must be received by you, at PO BOX 10188, Xxx Xxxx, CA 91410-0188, at least three (3) business days before the automatic transfer is scheduled to occur. You may cancel this service at your discretion. DEFAULT: I will be in default if: (1) I do not pay on time or in the proper amount(s); (2) I have made a false or misleading statement on my application; (3) I fail to live up to any of the terms of this Agreement; (4) my creditworthiness is impaired; or (5) I die, become insolvent or am the subject of bankruptcy or receivership proceedings. In the event of any action by you to enforce this Agreement, I agree to pay the costs thereof, including reasonable attorneys’ fees, and other expenses. I understand and agree that INTEREST CHARGES at the ANNUAL PERCENTAGE RATE as permitted under this Agreement will continue to accrue until I repay my entire Account Balance.

PAYMENTS BY AUTOMATIC TRANSFER. If I request payment by automatic transfer, I understand and agree that no payment can or will be made if there are insufficient or uncollected funds in the designated sub-account to make the scheduled loan payment. Should this event occur, I understand and agree that I will not be released from making the payment. Any automatic transfer I have requested will remain in effect until I cancel it in writing or the Account Balance Agreement is paid in full. My written notice to cancel must be received by you, at PO BOX 10188, Xxx Xxxx, CA 91410-0188, at least three (3) business days before the automatic transfer is scheduled to occur. You may cancel this service at your discretion. DEFAULT: I will be in default if: (1) I do not pay on time or in the proper amount(s); (2) I have made a false or misleading statement on my application; (3) I fail to live up to any of the terms of this AgreementAgreement and Disclosure Statement; (43) my creditworthiness is impaired; 4) I make any false or (misleading statements in any credit application, credit update or other communication to you; or 5) I die, become insolvent or am the subject of bankruptcy or receivership proceedings. I agree to inform you if I become aware of any event or condition that may constitute a default as described in this paragraph. In the event of any action by you to enforce this AgreementAgreement and Disclosure Statement, I agree to pay the costs thereof, including reasonable attorneys’ fees, and other expenses. I understand and agree that INTEREST FINANCE CHARGES at the ANNUAL PERCENTAGE RATE as permitted under this Agreement and Disclosure Statement will continue to accrue until I repay my entire Account Balanceloan.

PAYMENTS BY AUTOMATIC TRANSFER. If I request payment by automatic transfer, I understand and agree that no payment can or will be made if there are insufficient or uncollected funds in the designated account to make the scheduled payment. Should this event occur, I understand and agree that I will not be released from making the payment. Any automatic transfer I have requested will remain in effect until I cancel it in writing or the Account Balance is paid in full. My written notice to cancel must be received by you, at PO BOX 10188, Xxx Xxxx, CA 91410-0188, at least three (3) business days before the automatic transfer is scheduled to occur. You may cancel this service at your discretion. DEFAULT: I will be in default if: (1) I do not pay on time or in the proper amount(s); (2) I have made a false or misleading statement on my application; (3) I fail to live up to any of the terms of this Agreement; (4) my creditworthiness is impaired; or (5) I die, become insolvent or am the subject of bankruptcy or receivership proceedings. In the event of any action by you to enforce this Agreement, I agree to pay the costs thereof, including reasonable attorneys’ fees, and other expenses. I understand and agree that INTEREST CHARGES at the ANNUAL PERCENTAGE RATE as permitted under this Agreement will continue to accrue until I repay my entire Account Balance.