Common use of Authorization to Correct Errors and Modify Payments Clause in Contracts

Authorization to Correct Errors and Modify Payments. In the event the Galaxy make an error in processing a Charge or EFT, you authorize the Galaxy to initiate a credit or debit to the Card or to the Account to correct the error. If you inadvertently transpose a digit or make a similar error in providing the Galaxy with information about a payment method, you authorize the Galaxy to correct the error after verifying the information with you. Instead of or in addition to any payments described above, you authorize the Galaxy to create or initiate an EFT to the Account or Charge to the Card for any amount and on any date that you subsequently confirm by phone, text message, or email. If the amounts that result from multiplying percentages specified in a Payment Option by the remaining portion of the License Fee that you owe to us include fractional cents, you authorize the Galaxy to round the amounts up or down to the nearest ▇▇▇▇▇ and to make up any rounding overage or shortfall by adjusting the last payment.

Appears in 3 contracts

Sources: Full Season Ticket License & Automatic Payment Agreement, Full Season Ticket License & Automatic Payment Agreement, Full Season Ticket License & Automatic Payment Agreement