Common use of Bill Payments Clause in Contracts

Bill Payments. The Client authorizes ATB Financial to follow any payment Instructions for bill payments (Bill Payment Instruction) the Client provides through ATB Business. ATB Financial will, after receipt of a Bill Payment Instruction, debit the Client’s Account designated in the Bill Payment Instruction on the date scheduled by the Client in the Bill Payment Instruction (Bill Payment Date) and remit funds on the Client’s behalf to the Payee as close as reasonably possible to the Bill Payment Date. 5.2.1 The Client authorizes ATB Financial to make bill payments to the Payee by any means ATB Financial determines appropriate. 5.2.2 The Client acknowledges that, as different bill payment companies have different payment requirements, it is the Client’s responsibility to know what the Client’s bill payment company’s requirements are and to make bill payments accordingly.