Common use of Pre-Authorized Orders – General Clause in Contracts

Pre-Authorized Orders – General. If You agree to accept a pre-authorized order, the Cardholder shall execute and deliver to You a written request for such pre-authorization which will be retained by You and made available upon request to the Bank. You will not deliver goods or perform services covered by a pre-authorization after receiving specific notification that the pre-authorization is cancelled or that the card covering the pre-authorization is not to be honored.

Pre-Authorized Orders – General. If You agree the Merchant agrees to accept a pre-authorized order, the Cardholder shall execute and deliver to You the Merchant a written request for such pre-authorization which authorization. Said request will be retained by You the Merchant and made available upon request to the Bank. You will The Merchant shall not deliver goods or perform services covered by a pre-authorization after receiving specific notification that the pre-authorization is cancelled or that the card covering the pre-authorization is not to be honored.