Bill Pay Authorization Clause Samples

Bill Pay Authorization. By providing us with the names and Account information of the Payees to whom you wish to send payments, you authorize us to follow your payment instructions. Our receipt of your bill payment instructions authorizes us to allow funds to arrive at the designated Payee's locations as near as reasonably possible to the Scheduled Payment Date designated by you. You authorize us to issue a check drawn on your qualified designated checking Account for the requested amount. You also authorize us to credit your Bill Pay Account for payments returned to us by the United States Postal Service or any Payee, or for payments remitted to you on behalf of another Authorized Person. We shall use reasonable efforts to timely and adequately make all of your payments. The Bank is not liable for any service fees or late charges levied against you due to postal delays or processing delays by the Payee. We reserve the right to determine eligibility for certain types of Accounts and change such eligibility from time to time. We also reserve the right to restrict or remove access at any time. If we complete a payment or transfer that you make or authorize and we subsequently learn that you have insufficient funds for the transaction, you agree that we may reverse the transaction or offset the shortage with funds from any other deposit Account(s) you have with us to the extent permissible by the applicable law and the terms of any other relevant agreements. If there are insufficient funds in your Account to make a Transfer or Payment, we may refuse to make the Transfer or Payment, or we may make the Transfer or Payment and overdraw your Account. In either event, you are responsible for any non- sufficient funds ("NSF") charges that may apply. If you do not notify us of any changes, you will be fully responsible for all late fees, finance charges, or other actions the Payee takes. If you schedule a payment and follow all instructions provided, and the Payee does not receive the payment in a timely manner, we will work with the Payee on your behalf to reverse late fees or charges.
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Related to Bill Pay Authorization

  • Necessary Authorizations Each Borrower Party and each Subsidiary of a Borrower Party has obtained all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect except, other than with respect to the transactions contemplated by the Loan Documents, where failure to obtain such Necessary Authorizations, or the failure of such Necessary Authorizations to be in full force and effect, could not reasonably be expected to have a Materially Adverse Effect. None of such Necessary Authorizations is the subject of any pending or, to the best of each Borrower Party’s knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization except, other than with respect to the transactions contemplated by the Loan Documents, where the revocation by the grantor of such Necessary Authorizations could not reasonably be expected to have a Materially Adverse Effect.

  • Attorney Authorization Class Counsel and Defense Counsel separately warrant and represent that they are authorized by Plaintiff and Defendant, respectively, to take all appropriate action required or permitted to be taken by such Parties pursuant to this Agreement to effectuate its terms, and to execute any other documents reasonably required to effectuate the terms of this Agreement including any amendments to this Agreement.

  • Power; Authorization Such Investor has all requisite power and authority to execute and deliver this Agreement. This Agreement, when executed and delivered by such Investor, will constitute a valid and legally binding obligation of such Investor, enforceable in accordance with its respective terms, except as: (a) limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally; and (b) limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

  • Regulatory Authorizations Each Party represents and warrants that it has, or applied for, all regulatory authorizations necessary for it to perform its obligations under this Agreement.

  • Government Authorization No consent, approval, order or authorization of, or registration, declaration or filing with, or notice to, any Governmental Entity, is required by or with respect to Pubco in connection with the execution and delivery of this Agreement by Pubco, or the consummation by Pubco of the transactions contemplated hereby, except, with respect to this Agreement, any filings under the Nevada Statutes, the Securities Act or the Exchange Act.