Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to CEDAR, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide CEDAR and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize CEDAR and/or its agent(s) to deduct the amounts owed to CEDAR for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to CEDAR by permitting CEDAR to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable as to each Merchant absent CEDAR’s written consent until the Receivables Purchased Amount has been paid in full or the Merchant becomes bankrupt or goes out of business without any prior default under this Agreement.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to XXXX, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide XXXX and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize XXXX and/or its agent(s) to deduct the amounts owed to XXXX for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to XXXX by permitting XXXX to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable absent ALVA’s written consent.
Merchant Deposit Agreement. Merchant shall execute an agreement with Purchaser that would authorize Purchaser to arrange for electronic fund transfer services and/or “ACH” payments of Daily Delivery from the Approved Bank Account. Merchant shall provide Purchaser and/or its authorized agent with all information, authorizations and passwords necessary to verify Merchant’s receivables, receipts and deposits into the Approved Bank Account. Merchant shall authorize Purchaser and/or it’s agent to deduct daily the amounts of Daily Delivery to Purchaser from settlement amounts which would otherwise be due to Merchant from electronic check transactions and to pay such amounts to Purchaser by permitting Purchaser to withdraw the Daily Delivery from such account. The authorization shall be irrevocable.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to ALPINE, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide ALPINE and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize ALPINE and/or its agent(s) to deduct the amounts owed to ALPINE for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to ALPINE by permitting ALPINE to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable as to each Merchant absent ALPINE’s written consent until the Receivables Purchased Amount has been paid in full or the Merchant becomes bankrupt or goes out of business without any prior default under this Agreement.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to CF, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide CF and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize CF and/or its agent(s) to deduct the amounts owed to CF for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to CF by permitting CF to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable absent CF’ s written consent.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to CCG, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide CCG and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize CCG and/or its agent(s) to deduct the amounts owed to CCG for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to CCG by permitting CCG to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable as to each Merchant absent CCG’s written consent until the Receivables Purchased Amount has been paid in full or the Merchant becomes bankrupt or goes out of business without any prior default under this Agreement.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to WAVE, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide WAVE and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize WAVE and/or its agent(s) to deduct the amounts owed to WAVE for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to WAVE by permitting WAVE to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable absent WAVE’s written consent.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to DC26, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide DC26 and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Xxxxxxxx(s) shall authorize DC26 and/or its agent(s) to deduct the amounts owed to DC26 for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to DC26 by permitting DC26 to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable absent DC26’s written consent.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to PEC, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide PEC and/or its authorized agent with all of the I have read and agree to the terms and conditions set forth above: _ _ Name: XXXXXX XXXXXXXX XXXXXXX Title: _OWNER _ Date: 7/14/2021 information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize PEC and/or its agent(s) to deduct the amounts owed to PEC for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to PEC by permitting PEC to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable absent PEC’s written consent.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to MFG, to obtain electronic fund transfer services and/or “ACH” payments. Merchant(s) shall provide MFG and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize MFG and/or its agent(s) to deduct the amounts owed to MFG for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to MFG by permitting MFG to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall be irrevocable absent MFG's written consent.
