Common use of Authorization to Debit Clause in Contracts

Authorization to Debit. (i) You authorize and direct iSolved to debit your Account up to five (5) business days (unless otherwise agreed to in writing) before each of the dates you designate that direct deposits are to be remitted to your employees (the “Payroll Check Dates”) in such amounts as you instruct iSolved are necessary to pay those individuals who have elected to receive their wages by direct deposit (“Payees”). The credits to each Payee’s account shall be on the applicable Payroll Check Date. You also authorize and direct your financial institution to charge your Account in the amount of each debit and to honor and pay the debit in accordance with its terms. The foregoing authorizations shall be standing authorizations and shall remain in full force and effect until terminated in accordance with this addendum and your agreement with your financial institution, and until iSolved and your financial institution have had a reasonable opportunity to act upon such termination. (ii) If you designate a different financial institution or a different account number at the existing financial institution to serve as your Account, then you shall promptly notify iSolved of such change in writing and furnish a new Authorization to Debit Form to iSolved together with a voided check from such new account. iSolved must receive the new Authorization to Debit Form at least ten (10) days before the effective date of any such change. (iii) Prior to the initiation of the first credit to any Payee, you shall obtain a written authorization signed by such ▇▇▇▇▇ (the “Payee Authorization”) in a form that complies with National Automated Clearing House Association (“NACHA”) rules. This form shall authorize the initiation from time to time of credits to such ▇▇▇▇▇▇’ accounts as well as authorize the debiting of such accounts in order to recover any funds erroneously credited to such accounts or if a debit entry to your Account is returned for any reason. You will request that iSolved credit or debit Payees’ accounts for net changes to payrolls that are reprocessed for any reason. You shall retain the original signed Payee Authorization, or duplicates of the original, regardless of the manner in which stored (electronic, photocopied, etc.), during the period such Payee Authorization is in effect and for a period of two years after the termination or revocation of such Payee Authorization, and shall furnish such original or copy to iSolved upon request.

Authorization to Debit. (i) You authorize and direct iSolved PAI to debit your Account up to five (5) business days (unless otherwise agreed to in writing) before each of the dates you designate that direct deposits are to be remitted to your employees (the “Payroll Check Dates”) in such amounts as you instruct iSolved PAI are necessary to pay those individuals who have elected to receive their wages by direct deposit (“Payees”). The credits to each Payee’s account shall be on the applicable Payroll Check Date. You also authorize and direct your financial institution to charge your Account in the amount of each debit and to honor and pay the debit in accordance with its terms. The foregoing authorizations shall be standing authorizations and shall remain in full force and effect until terminated in accordance with this addendum and your agreement with your financial institution, and until iSolved PAI and your financial institution have had a reasonable opportunity to act upon such termination. (ii) If you designate a different financial institution or a different account number at the existing financial institution to serve as your Account, then you shall promptly notify iSolved PAI of such change in writing and furnish a new Authorization to Debit Form to iSolved PAI together with a voided check from such new account. iSolved PAI must receive the new Authorization to Debit Form at least ten (10) days before the effective date of any such change. (iii) Prior to the initiation of the first credit to any Payee, you shall obtain a written authorization signed by such ▇▇▇▇▇ (the “Payee Authorization”) in a form that complies with National Automated Clearing House Association (“NACHA”) rules. This form shall authorize the initiation from time to time of credits to such ▇▇▇▇▇▇Payees’ accounts as well as authorize the debiting of such accounts in order to recover any funds erroneously credited to such accounts or if a debit entry to your Account is returned for any reason. You will request that iSolved PAI credit or debit Payees’ accounts for net changes to payrolls that are reprocessed for any reason. You shall retain the original signed Payee Authorization, or duplicates of the original, regardless of the manner in which stored (electronic, photocopied, etc.), during the period such Payee Authorization is in effect and for a period of two years after the termination or revocation of such Payee Authorization, and shall furnish such original or copy to iSolved PAI upon request.

Authorization to Debit. (i) You authorize and direct iSolved to debit your Account up to five (5) business days (unless otherwise agreed to in writing) before each of the dates you designate that direct deposits are to be remitted to your employees (the “Payroll Check Dates”) in such amounts as you instruct iSolved are necessary to pay those individuals who have elected to receive their wages by direct deposit (“Payees”). The credits to each Payee’s account shall be on the applicable Payroll Check Date. You also authorize and direct your financial institution to charge your Account in the amount of each debit and to honor and pay the debit in accordance with its terms. The foregoing authorizations shall be standing authorizations and shall remain in full force and effect until terminated in accordance with this addendum and your agreement with your financial institution, and until iSolved and your financial institution have had a reasonable opportunity to act upon such termination. (ii) If you designate a different financial institution or a different account number at the existing financial institution to serve as your Account, then you shall promptly notify iSolved of such change in writing and furnish a new Authorization to Debit Form to iSolved together with a voided check from such new account. iSolved must receive the new Authorization to Debit Form at least ten (10) days before the effective date of any such change. (iii) Prior to the initiation of the first credit to any Payee, you shall obtain a written authorization signed by such ▇▇▇▇▇ (the “Payee Authorization”) in a form that complies with National Automated Clearing House Association (“NACHA”) rules. This form shall authorize the initiation from time to time of credits to such ▇▇▇▇▇▇Payees’ accounts as well as authorize the debiting of such accounts in order to recover any funds erroneously credited to such accounts or if a debit entry to your Account is returned for any reason. You will request that iSolved credit or debit Payees’ accounts for net changes to payrolls that are reprocessed for any reason. You shall retain the original signed Payee Authorization, or duplicates of the original, regardless of the manner in which stored (electronic, photocopied, etc.), during the period such Payee Authorization is in effect and for a period of two years after the termination or revocation of such Payee Authorization, and shall furnish such original or copy to iSolved upon request.

Authorization to Debit. (i) You authorize 1.2.1. Customer authorizes and direct directs iSolved to debit your Customer’s Account up to five (5) business days (unless otherwise agreed to by the parties in writing) before each of Customer’s “Payroll Check Dates” (the dates you designate date on which the Customer designates that the direct deposits are to be remitted to your employees (the “Payroll Check Dates”its employees) in such amounts as you instruct Customer instructs iSolved are necessary to pay those individuals who have elected to receive their wages by direct deposit (“Payees”). The credits to each Payee’s account shall be on the applicable Payroll Check Date. You Customer also authorize authorizes and direct your directs its financial institution (which shall be a participating financial institution in the ACH network) to charge your Customer’s Account in the amount of each debit and to honor and pay the debit in accordance with its terms. The foregoing authorizations shall be standing authorizations and shall remain in full force and effect until terminated in accordance with this addendum Agreement and your Customer’s agreement with your its financial institution, and until iSolved and your Customer’s financial institution have had a reasonable opportunity to act upon such termination. (ii) 1.2.2. If you designate Customer designates a different financial institution or a different account number at the existing financial institution to serve as your Customer’s Account, then you Customer shall promptly notify iSolved of such change in writing and furnish a new Authorization to Debit Form to iSolved together with a voided check from such new account. iSolved must receive the new Authorization to Debit Form at least ten (10) days before the effective date of any such change. (iii) 1.2.3. Prior to the initiation of the first credit to any Payee, you Customer shall obtain a written authorization signed by such ▇▇▇▇▇ Payee (the “Payee Authorization”) in a form that complies with National Automated Clearing House Association (“NACHA”) rules. This form shall authorize the initiation from time to time of credits to such ▇▇▇▇▇▇Payees’ accounts as well as authorize the debiting of such accounts in order to recover any funds erroneously credited to such accounts or if a debit entry to your Customer’s Account is returned for any reason. You Customer will request that iSolved credit or debit Payees’ accounts for net changes to payrolls that are reprocessed for any reason. You Customer shall retain the original signed Payee Authorization, or duplicates of the original, regardless of the manner in which stored (electronic, photocopied, etc.), during the period such Payee Authorization is in effect and for a period of two years after the termination or revocation of such Payee Authorization, and shall furnish such original or copy to iSolved upon request.

Authorization to Debit. (i) You authorize 1.2.1. Customer authorizes and direct iSolved directs PAI to debit your Customer’s Account up to five (5) business days (unless otherwise agreed to by the parties in writing) before each of Customer’s “Payroll Check Dates” (the dates you designate date on which the Customer designates that the direct deposits are to be remitted to your employees (the “Payroll Check Dates”its employees) in such amounts as you instruct iSolved Customer instructs PAI are necessary to pay those individuals who have elected to receive their wages by direct deposit (“Payees”). The credits to each Payee’s account shall be on the applicable Payroll Check Date. You Customer also authorize authorizes and direct your directs its financial institution (which shall be a participating financial institution in the ACH network) to charge your Customer’s Account in the amount of each debit and to honor and pay the debit in accordance with its terms. The foregoing authorizations shall be standing authorizations and shall remain in full force and effect until terminated in accordance with this addendum Agreement and your Customer’s agreement with your its financial institution, and until iSolved PAI and your Customer’s financial institution have had a reasonable opportunity to act upon such termination. (ii) 1.2.2. If you designate Customer designates a different financial institution or a different account number at the existing financial institution to serve as your Customer’s Account, then you Customer shall promptly notify iSolved PAI of such change in writing and furnish a new Authorization to Debit Form to iSolved PAI together with a voided check from such new account. iSolved PAI must receive the new Authorization to Debit Form at least ten (10) days before the effective date of any such change. (iii) 1.2.3. Prior to the initiation of the first credit to any Payee, you Customer shall obtain a written authorization signed by such ▇▇▇▇▇ (the “Payee Authorization”) in a form that complies with National Automated Clearing House Association (“NACHA”) rules. This form shall authorize the initiation from time to time of credits to such ▇▇▇▇▇▇’ accounts as well as authorize the debiting of such accounts in order to recover any funds erroneously credited to such accounts or if a debit entry to your Customer’s Account is returned for any reason. You Customer will request that iSolved PAI credit or debit Payees’ accounts for net changes to payrolls that are reprocessed for any reason. You Customer shall retain the original signed Payee Authorization, or duplicates of the original, regardless of the manner in which stored (electronic, photocopied, etc.), during the period such Payee Authorization is in effect and for a period of two years after the termination or revocation of such Payee Authorization, and shall furnish such original or copy to iSolved PAI upon request.

Authorization to Debit. (i) You authorize 1.2.1. Customer authorizes and direct iSolved directs PAI to debit your Customer’s Account up to five (5) business days (unless otherwise agreed to by the parties in writing) before each of Customer’s “Payroll Check Dates” (the dates you designate date on which the Customer designates that the direct deposits are to be remitted to your employees (the “Payroll Check Dates”its employees) in such amounts as you instruct iSolved Customer instructs PAI are necessary to pay those individuals who have elected to receive their wages by direct deposit (“Payees”). The credits to each Payee’s account shall be on the applicable Payroll Check Date. You Customer also authorize authorizes and direct your directs its financial institution (which shall be a participating financial institution in the ACH network) to charge your Customer’s Account in the amount of each debit and to honor and pay the debit in accordance with its terms. The foregoing authorizations shall be standing authorizations and shall remain in full force and effect until terminated in accordance with this addendum Agreement and your Customer’s agreement with your its financial institution, and until iSolved PAI and your Customer’s financial institution have had a reasonable opportunity to act upon such termination. (ii) 1.2.2. If you designate Customer designates a different financial institution or a different account number at the existing financial institution to serve as your Customer’s Account, then you Customer shall promptly notify iSolved PAI of such change in writing and furnish a new Authorization to Debit Form to iSolved PAI together with a voided check from such new account. iSolved PAI must receive the new Authorization to Debit Form at least ten (10) days before the effective date of any such change. (iii) 1.2.3. Prior to the initiation of the first credit to any Payee, you Customer shall obtain a written authorization signed by such ▇▇▇▇▇ Payee (the “Payee Authorization”) in a form that complies with National Automated Clearing House Association (“NACHA”) rules. This form shall authorize the initiation from time to time of credits to such ▇▇▇▇▇▇Payees’ accounts as well as authorize the debiting of such accounts in order to recover any funds erroneously credited to such accounts or if a debit entry to your Customer’s Account is returned for any reason. You Customer will request that iSolved PAI credit or debit Payees’ accounts for net changes to payrolls that are reprocessed for any reason. You Customer shall retain the original signed Payee Authorization, or duplicates of the original, regardless of the manner in which stored (electronic, photocopied, etc.), during the period such Payee Authorization is in effect and for a period of two years after the termination or revocation of such Payee Authorization, and shall furnish such original or copy to iSolved PAI upon request.