Common use of ALTERNATIVE PAYMENT METHODS Clause in Contracts

ALTERNATIVE PAYMENT METHODS. If Borrower knows that for any reason Lender will be unable to process a payment under ▇▇▇▇▇▇'s Automatic Payment Plan, then Borrower must either restore sufficient funds such that the missed payment can be collected as provided in the accompanying Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), or promptly mail or deliver a check to Lender in the amount of the missed payment or, if offered, make the missed payment by any pay- by-phone or on-line service that Lender may make available from time to time. If Borrower elects to send payments on ▇▇▇▇▇▇▇▇'s Account by postal mail, then ▇▇▇▇▇▇▇▇ agrees to send such payments to ACH Capital West, LLC to ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ #▇▇▇-▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, Attn: Customer Service. All alternative payments must be made in good funds by check, money order, wire transfer, automatic transfer from an account at an institution offering such service, or other instrument in U.S. Dollars. ▇▇▇▇▇▇▇▇ understands and agrees that payments made at any other address than as specified by Lender may result in a delay in processing and/or crediting.

Appears in 1 contract

Sources: Business Loan and Security Agreement (ParcelPal Logistics Inc.)

ALTERNATIVE PAYMENT METHODS. If Borrower knows that for any reason Lender will be unable to process a payment under ▇▇▇▇▇▇Lender's Automatic Payment Plan, then Borrower must either restore sufficient funds such that the missed payment can be collected as provided in the accompanying Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), or promptly mail or deliver a check to Lender in the amount of the missed payment or, if offered, make the missed payment by any pay- pay-by-phone or on-line service that Lender may make available from time to time. If Borrower elects to send payments on ▇▇▇▇▇▇▇▇'s Borrowers Account by postal mail, then ▇▇▇▇▇▇▇▇ Borrower agrees to send such payments to ACH Capital Westour Servicer, LLC to On Deck Capital, ▇▇▇ ▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ #, ▇▇▇-▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, Attn: Customer ServiceDirector of Operations. All alternative payments must be made in good funds by check, money order, wire transfer, automatic transfer from an account at an institution offering such service, or other instrument in U.S. Dollars. ▇▇▇▇▇▇▇▇ understands and agrees that payments made at any other address than as specified by Lender may result in a delay in processing and/or crediting.U.S.

Appears in 1 contract

Sources: Business Loan and Security Agreement

ALTERNATIVE PAYMENT METHODS. If Borrower knows that for any reason Lender will be unable to process a payment under ▇▇▇▇▇▇'s ’s Automatic Payment Plan, then Borrower must either restore sufficient funds such that the missed payment can be collected as provided in the accompanying Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), or promptly mail or deliver a check to Lender in the amount of the missed payment or, if offered, make the missed payment by any pay- by-phone or on-line service that Lender may make available from time to time. If Borrower elects to send payments on ▇▇▇▇▇▇▇▇'s ’s Account by postal mail, then ▇▇▇▇▇▇▇▇ agrees to send such payments to ACH Capital West, LLC to ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ #▇▇▇-▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, Attn: Customer Service. All alternative payments must be made in good funds by check, money order, wire transfer, automatic transfer from an account at an institution offering such service, or other instrument in U.S. Dollars. ▇▇▇▇▇▇▇▇ understands and agrees that payments made at any other address than as specified by Lender may result in a delay in processing and/or crediting.

Appears in 1 contract

Sources: Business Loan and Security Agreement (ParcelPal Logistics Inc.)