Common use of Preauthorized Drafts Clause in Contracts

Preauthorized Drafts. If you provide information about your account (such as our routing number and your account number) to a party who is seeking to sell you goods or services, and you do not physically deliver a check to the party, any debit to your account initiated by the party to whom you gave the information is deemed authorized by you. (h)

Appears in 4 contracts

Samples: Account Agreement, Deposit Agreement, www.bluestone.bank

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Preauthorized Drafts. If you provide voluntarily give information about your account Account (such as our routing number and your account Account number) to a party who is seeking to sell you goods or services, and you do not physically deliver a check to the party, any debit to your account Account initiated by the party to whom you gave the information is deemed authorized by you. (h).

Appears in 2 contracts

Samples: Deposit Account Agreement, www.columbiabankonline.com

Preauthorized Drafts. If you provide voluntarily give information about your account Account (such as our routing number and your account number) to a party who is seeking to sell you goods or services, and you do not physically deliver a check to the party, any debit to your account initiated by the party to whom you gave the information is deemed authorized by you. (hH)

Appears in 2 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement

Preauthorized Drafts. If you provide voluntarily give information about your account Account (such as our routing number and your account Account number) to a party who is seeking to sell you goods or services for payment of such goods and services, and you do not physically deliver a check to the party, any debit to your account Account initiated by the party to whom you gave the information is deemed authorized by you. (h).

Appears in 2 contracts

Samples: Deposit Account Agreement and Other Disclosures, Deposit Account Agreement and Other Disclosures

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Preauthorized Drafts. If you provide voluntarily give information about your account Account (such as our routing number and your account Account number) to a party who is seeking to sell you goods or services, and you do not physically deliver a check an item to the party, any debit to item presented against your account initiated Account by the party to whom you gave the information is deemed authorized by you. (h)You understand and agree that, after any such item is charged to your Account, we will not reverse the transaction by recrediting the amount of such item to your Account.

Appears in 1 contract

Samples: Electronic Fund Transfer Agreement

Preauthorized Drafts. If you provide voluntarily give information about your account Account (such as our routing number and your account number) to a party who is seeking to sell you goods or services, and you do not physically deliver a check to the party, any debit to your account initiated by the party to whom you gave the information is deemed authorized by you. (h).

Appears in 1 contract

Samples: www.oldsecond.com

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