Common use of ACH Authorization Clause in Contracts

ACH Authorization. In order to satisfy any of the Obligations, Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system to any deposit account maintained by Seller.

Appears in 4 contracts

Samples: Factoring and Security Agreement (Zoo Entertainment, Inc), Factoring and Security Agreement (Driftwood Ventures, Inc.), Revolving Purchase, Loan and Security Agreement (Unique Logistics International Inc)

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ACH Authorization. In order to satisfy any of the Obligations, Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system to any deposit account maintained by Sellerin an Event of Default.

Appears in 2 contracts

Samples: Factoring and Security Agreement (Wave Systems Corp), Factoring and Security Agreement (Sunvalley Solar, Inc.)

ACH Authorization. In order to satisfy any of the ObligationsObligations and facilitate the purchase of Accounts, Seller hereby authorizes Purchaser to initiate process electronic debit or credit entries through the ACH system to any deposit account maintained by of Seller.

Appears in 2 contracts

Samples: Invoice Purchase Agreement (Enservco Corp), Invoice Purchase Agreement (SolarJuice Co., Ltd.)

ACH Authorization. 11.1. In order to satisfy any of the Obligations, Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system to any deposit account maintained by Seller.

Appears in 2 contracts

Samples: Factoring and Security Agreement (Biozone Pharmaceuticals, Inc.), Factoring and Security Agreement (ePhoto Image, Inc.)

ACH Authorization. 11.1 In order to satisfy any of the Obligations, Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system to any deposit account maintained by Seller.

Appears in 1 contract

Samples: Factoring and Security Agreement (Eastside Distilling, Inc.)

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ACH Authorization. 11.1. In order to satisfy any of the Obligations, each Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system to any deposit account maintained by any Seller.

Appears in 1 contract

Samples: Factoring and Security Agreement (Urban Ag. Corp.)

ACH Authorization. In order to satisfy any of the Obligations, Seller authorizes Purchaser Agent to initiate electronic debit or credit entries through the ACH system to any deposit account maintained by Seller.

Appears in 1 contract

Samples: Factoring and Security Agreement (Zoo Entertainment, Inc)

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