Automatic Payment definition

Automatic Payment is a payment scheduled for a set amount at regular intervals. For example, you can schedule a payment on the first of each month to pay your mortgage or rent.

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Automatic Payment means a periodic payment, Direct Debit or quick debit.

Automatic Payment means the payment of One Hundred Dollars ($100.00) to each Class Member as provided for in Section 12.1 below.

Examples of Automatic Payment in a sentence

• By checking this box and signing below, Licensee consents to the Automatic Payment Program for the License Renewal Fee and hereby pre-authorizes IDS Inc., to initiate charges to the credit card account indicated above to pay the License Renewal Fee associated with the renewal of the Reservation Services License.

• If Borrower makes an alternative payment on Borrowers Loan by mail or by any pay-by-phone or on-line service that Lender makes available while Borrower is enrolled in the Automatic Payment Plan, Lender may treat such payment as an additional payment and continue to process Borrowers scheduled Automatic Payment Plan payments or may reduce any scheduled Automatic Payment Plan payment by the amount of any such additional payment received.

• Prepaid Commercial Cloud Plan subscription with station management features such as: Custom Video uploads and Automatic Software Updates, driver and fleet management features including: Access Control and Pricing & Automatic Payment Collection, as well as energy and power management features which include Power Sharing.

• If you requested the Automatic Payment Option in your Application, all Minimum Payments due will automatically be deducted from your designated account on your Payment Due Date.

• Upon establishment of such Automatic Payment Method, Company is hereby authorized to charge any applicable Subscription Fee using such Automatic Payment Method.

More Definitions of Automatic Payment

Automatic Payment means the payment required pursuant to an Automatic Extension.

Automatic Payment regularly recurring future dated payments for the monthly installment due on an automatic basis. Auto Finance Account: Your auto finance accounts that you have established with us.

Automatic Payment means a payment method that automatically purchases paid services with payment information such as payment method entered by the member at regular intervals.

Automatic Payment means an arrangement for the payment of a specific amount of money to go from your Account to another Account or payee, which is set to occur repeatedly, at a payment frequency chosen by you;

Automatic Payment means a refund or compensation payment that is issued to the affected passenger without the need for a formal request or claim. The operating air carrier, intermediary, or transport provider shall process such payments within the required time-frame based on the disruption event, using the original method of payment unless otherwise agreed upon by the passenger.

Automatic Payment means an electronic payment instruction from you to us which instructs us to transfer a set amount of money at set intervals from your account(s) to another party, and “Automatic Payment Authority” means our approved form for such instructions;

Automatic Payment or “Auto Pay” has the meaning set forth in the introductory paragraph of this Agreement.