Common use of Responsibility for Interface Clause in Contracts

Responsibility for Interface. User is responsible for maintaining a financial account and designating said account as the default PAD account for paying annual fees for specific loans. When the User submits a payment to Rural Development for annual fees due, the User recognizes a ▇▇▇.▇▇▇ transaction (or other such method) will be executed against said default account.

Responsibility for Interface. User acknowledges that the Lender associated with USER is responsible for maintaining a financial account and designating said account as the default PAD Pre-Authorized Debit (PAD) account for paying annual fees for specific loans. When If the User submits a payment to Rural Development for annual fees duedue on behalf of the Lender, the User recognizes a ▇▇▇.▇▇▇ transaction (or other such methodtransaction) will be executed against said default account.