Common use of Personal Pre-Authorized Debit Clause in Contracts

Personal Pre-Authorized Debit. Unless you otherwise agree in writing, upon the Payment Trigger Date, you authorize BC to debit the financial institution account as entered (or such other financial institution account as you have advised in writing) in order to collect your Outstanding Loan Balance as follows: You grant your revocable (changeable) authority and direction to BC (including the BCA), and any financial institution which holds such an account, to:

Appears in 7 contracts

Samples: Financial Assistance Agreement, Financial Assistance Agreement, Financial Assistance Agreement

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