Common use of Preauthorized Payments Clause in Contracts

Preauthorized Payments. i. Right to stop payment and procedure for doing so: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying amounts: If these regular payments may varyin amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspayment, orwhenthe amountwouldfalloutsidecertain limits that you set. iii. Liability for failure to stop payment of preauthorized transfer: If we do not stop a payment after you ordered us to do so in accordance with the requirements outlined in the Stop Payment section above, wewill be liable for your losses or damages.

Appears in 2 contracts

Samples: Account Opening Disclosures, Account Opening Disclosures

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Preauthorized Payments. i. Right to stop payment and procedure for doing so: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying ofvarying amounts: If these regular payments may varyin amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspaymentcertainamountfrom thepreviouspayment, orwhenthe amountwouldfalloutsidecertain orwhen the amountwouldfall outsidecertain limits that you set. iii. Liability for failure to stop payment of preauthorized transfer: If we do not stop a payment after you ordered us to do so in accordance with the requirements outlined in the Stop Payment section above, wewill be liable for your losses or damages.

Appears in 2 contracts

Samples: Account Opening Disclosures, Account Opening Disclosures

Preauthorized Payments. i. Right to stop payment and procedure for doing so: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying amounts: If these regular payments may varyin vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspaymentceGain amount from the previous payment, orwhenthe amountwouldfalloutsidecertain or when the amount would fall outside ceGain limits that you set. iii. Liability for failure to stop payment of preauthorized transfer: If we do not stop a payment after xxxx you ordered us to do so in accordance with the requirements outlined in the Stop Payment section above, wewill we will be liable for your losses or damages.

Appears in 1 contract

Samples: Deposit Account Agreement

Preauthorized Payments. i. Right to stop payment and procedure for doing soso - If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying amounts: amounts - If these regular payments may varyin vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspaymentamount from the previous payment, orwhenthe amountwouldfalloutsidecertain or when the amount would fall outside certain limits that you set. iii. ) Liability for failure to stop payment of preauthorized transfer: transfer - If you order us to stop one of these payments three business days or more before the transfer is scheduled, and we do not stop a payment after you ordered us to do so in accordance with the requirements outlined in the Stop Payment section aboveso, wewill we will be liable for your losses or damages.

Appears in 1 contract

Samples: Online Banking Access Agreement

Preauthorized Payments. i. Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here’s how: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying amounts: . If these regular payments may varyin vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspaymentamount from the previous payment, orwhenthe amountwouldfalloutsidecertain or when the amount would fall outside certain limits that you set. iii. ) Liability for failure to stop payment of preauthorized transfer: transfers. If we do not stop a payment after you ordered order us to do so in accordance with stop one of these payments three business days or more before the requirements outlined in the Stop Payment section above, wewill be liable for your losses or damages.transfer is

Appears in 1 contract

Samples: Deposit Account Agreement

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Preauthorized Payments. i. Right to stop payment and procedure for doing so: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying amounts: If these regular payments may varyin vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspaymentamount from the previous payment, orwhenthe amountwouldfalloutsidecertain orwhen the amount would fall outside certain limits that you set. iii. Liability for failure to stop payment of preauthorized transfer: If we do not stop a payment after you ordered us to do so in accordance with the requirements outlined in the Stop Payment section above, wewill we will be liable for your losses or damages.

Appears in 1 contract

Samples: Account Opening Disclosures

Preauthorized Payments. i. Right to stop payment and procedure procedures for doing soso- If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here’s how: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying amounts: . If these regular payments may varyin vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspaymentamount from the previous payment, orwhenthe amountwouldfalloutsidecertain or when the amount would fall outside certain limits that you set. iii. ) Liability for failure to stop payment of preauthorized transfer: . If you order us to stop one of these payments three (3) Business Days or more before the transfer is scheduled, and we do not stop a payment after you ordered us to do so in accordance with the requirements outlined in the Stop Payment section aboveso, wewill we will be liable for your losses or damages.

Appears in 1 contract

Samples: Internet Banking Agreement

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