Billing Authorization Service definition

Billing Authorization Service means the services provided by the Obligo Platform Service that permits Company to collect Claims from Billing Authorizations.
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Examples of Billing Authorization Service in a sentence

  • Company shall allow all Tenants to receive a return of their Security Deposits electronically (i) during their lease, if Company has elected to receive the Billing Authorization Service, in accordance with the cash-to-Billing Authorization transition per Section 4.4 hereof, and/or (ii) at the end of their Lease, if Company has elected to receive the EDR Service.

  • Prior to the utilization of the Billing Authorization Service (as described below), Company can remove any Rental Properites via the Obligo Platform.

  • Company will return the Replaced Amount from Tenant’s Security Deposit to Tenant within fourteen (14) days of Obligo’s notice to Company of Tenant’s approval for the Billing Authorization Service.

  • Company will allow Tenants with existing Security Deposits to apply for the Billing Authorization Service in order to replace their Security Deposit (the “Replaced Amount”) with a Billing Authorization.

  • This Section 4 of the Agreement shall only apply to the extent that Company elects to receive the Billing Authorization Service.

  • A Tenant that is interested in subscribing to the Billing Authorization Service must first submit a digital application to Obligo in accordance with terms and procedures established by Obligo.

  • The Term of this Agreement shall become effective on the date that Company commences access to or use of the Obligo Platform Service, and will terminate (1) following a Termination Initiation (as provided for in Section 2 hereof) upon the termination of the Billing Authorization Service (if applicable), or (2) at any time upon ten (10) days prior written notice, by sending an email to ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇, if there are no then-outstanding Billing Authorizations.

  • Company acknowledges that terms in a Lease Agreement pertaining to Security Deposits shall be construed to apply also to Billing Authorizations such that Tenants shall, with Company’s prior authorization, be permitted to subscribe to the Billing Authorization Service in satisfaction of Tenant’s Security Deposit obligations under the Lease Agreement without need for an amendment to the Lease Agreement.

  • The Billing Authorization Service provides Company with the ability to collect payment on Claims by charging participating Tenants’ Preauthorized Payment Methods.

  • Obligo shall include a similar acknowledgement in terms to be entered into between Obligo and a Tenant for the Billing Authorization Service.