PAD Agreement Sample Clauses

PAD Agreement. To the extent that Merchant and IOTPAY have executed a pre-authorized debit agreement substantially in the form attached as 0 (the “PAD Agreement”), Members of the IOTPAY Group may collect any amounts due from Merchant pursuant to this Agreement or any other agreement between Merchant and a member of the IOTPAY Group via pre-authorized debits made in accordance with the PAD Agreement.
Sample 1Sample 2
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PAD Agreement. I, ____________, hereby authorize my bank to draw a debit in paper, electronic or other form by the method indicated below (“PAD Payment”) and post it to my account (“Account”) for purposes of satisfying the Monthly License Payments due to LAF Canada Company pursuant to the MFLA. Checking account #: ____________________________ (attach voided check) Account route #: ____________________________ Bank name: ____________________________ Bank address: ____________________________ City/province/zip: ____________________________ OR Credit card account #: ____________________________ exp. date __________ I further authorize my bank to honour and pay such debits, including Monthly License Payments as identified above and any remaining balance due, if not paid by the due date. This PAD Agreement and my authorization are provided for the benefit of Licensor and my bank and are provided in consideration of my bank agreeing to process debits against my Account in accordance with the Rules of the Canadian Payments Association. I agree that any direction I may provide to draw from the Account designated above in accordance with this PAD Agreement shall be binding on me as if signed by me, and, in the case of paper debits, as if they were cheques signed by me. I acknowledge that in order to revoke or cancel this PAD Agreement, I must provide 10 days’ written notice of revocation or cancellation of this PAD Agreement to Licensor. Such a revocation applies only to the method of payment and I agree that revocation or cancellation of this PAD Agreement does not terminate the MFLA unless I also provide written notice of such termination in accordance with the terms of the MFLA. More information on the right to cancel the PAD Agreement authorization may be obtained from my bank or by visiting wxx.xxxxxx.xx.
Sample 1

Related to PAD Agreement

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively:

  • Letter Agreement The Company shall have entered into the Letter Agreement on terms satisfactory to the Company.

  • Valid Agreement This Agreement has been duly executed and delivered by the Purchaser and constitutes the legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally, and (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies.

  • Item Agreement As negotiated items are agreed upon, they shall be reduced to writing and initialed by the chief negotiator of each party. Such initialing shall be construed as tentative agreement by both parties on that item or issue, subject to finalization by ratification by the membership of the Association and adoption by the Board.

  • Termination Agreement 8.01 Notwithstanding any other provision of this Agreement, WESTERN, at its sole option, may terminate either a Purchase Order or this Agreement at any time by giving fourteen (14) days written notice to CONSULTANT, whether or not a Purchase Order has been issued to CONSULTANT.

  • MANAGEMENT AGREEMENT AND FRANCHISE AGREEMENT At or prior to the Closing, Seller shall terminate the Existing Management Agreement and the Existing Franchise Agreement, and Seller shall be solely responsible for all claims and liabilities arising thereunder on, prior to or following the Closing Date. As a condition to Closing, Buyer shall enter into the New Management Agreement and the New Franchise Agreement, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure). Seller shall be responsible for paying all costs related to the termination of the Existing Management Agreement. Buyer shall be responsible for paying all reasonable and actual costs of the Franchisor related to the assignment or termination, as applicable, of the Existing Franchise Agreement. Seller shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreement, and Seller and Buyer shall diligently pursue obtaining the same. As a condition to Buyer’s and Seller’s obligation to close under this Contract, Buyer and Manager shall agree, on or before the expiration of the Review Period, on the form and substance of the New Management Agreement.

  • Negotiated Agreement This Agreement has been arrived at through negotiation between the parties. Neither party is the party that prepared this Agreement for purposes of construing this Agreement under California Civil Code section 1654.

  • Collaboration Agreement The Collaboration Agreement shall not have been terminated in accordance with its terms and shall be in full force and effect.

  • Cooperation Agreement At the Closing, PCC and Buyer shall, and PCC shall cause PCC Parent to, execute and deliver the Cooperation Agreement pursuant to which Buyer, PCC Parent and PCC shall provide each other certain information and other assistance in connection with the collection, administration and/or satisfaction of certain of the Retained Liabilities.

  • Transition Agreement At Closing, Buyer and Seller shall execute the applicable Transition Agreements.

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