ACCOUNT DEBITS. Any use of a Card shall authorize us to charge your Account for the amount of any purchase, cash advance, or other withdrawal. You waive any right to stop payment on any Card transaction. If the payment of a Card transaction would overdraw the Account, we have the option to charge all or a portion of the transaction amount against any other deposits or accounts you maintain with us. You agree that we may pay Card transactions in any order we choose, including paying Card transactions prior to checks and other items drawn on the Account. We also have the right to place immediate holds on funds in the Account in order to pay for Card transactions which we have authorized and are subsequently presented to us for payment. If you gain access with the use of a Card to an account which is not available to you, we can charge or credit the transaction to any of your existing business checking accounts.
ACCOUNT DEBITS. Any use of a Card shall authorize us to charge your Account for the amount of any purchase. You waive any right to stop payment on any Card transaction. If the payment of a Card transaction would cause you to exceed your line of credit limit, we have the option to charge all or a portion of the transaction amount against any other deposits or accounts you maintain with us. You agree that we may pay Card transactions in any order we choose. If you gain access with the use of a Card to an account which is not available to you, we can charge or credit the transaction to any of your existing business checking accounts.
ACCOUNT DEBITS. Each month, monthly purchases will be compared to the budget for that month. Purchases in excess of monthly budgets will be debited against an agency’s water bank account. Bank debits remaining at the end of the fiscal year will be subject to excess use charges (see Section 4).
ACCOUNT DEBITS. The Borrower irrevocably authorizes the Bank to debit periodically or from time to time any bank account it maintains at the Bank in order to pay all or part of the amounts it may owe to the Bank hereunder.
ACCOUNT DEBITS. If you do not specify a settlement date, generally we will debit your Account for any tax payment on the Business Day you transmit payment instructions to us. If you specify a settlement date, generally we will debit your account on the settlement date unless you are prefunding your tax payments. "Prefunding" means that you pay for all tax payments by such time before the settlement date as we may specify. At our discretion, we may at any time without notice debit your Account on the Business Day that tax payment instructions are transmitted to us (or on any other date before the payment date). If we debit funds on the transmission date (or any other date before the payment date), we hold the funds as a deposit liability to you, and not as trust funds, until the date when we remit them to the applicable tax authority. We will not pay you interest on such funds. If your tax payment instructions are unclear or inadequate in our sole determination to permit us to determine the later due date, or if we otherwise reasonably decide that any delay in the payment of the tax may expose you to liability for a penalty, we reserve the right to debit your Account and to make a tax payment earlier than the tax due date. In such case, we will not be liable to you for any loss of funds.
ACCOUNT DEBITS. Any use of a Card shall authorize us to charge your Account for the amount of any purchase, cash advance, or other withdrawal. You waive any right to stop payment on any Card transaction. If the payment of a Card transaction would overdraw the Account, we have the option to charge all or a portion of the transaction amount against any other deposits or accounts you maintain with us. You agree that we may pay Card transactions in any order we choose, including paying Card transactions prior to checks and other items drawn on the Account. We also have the right to place immediate holds on funds in the Account in order to pay for Card transactions which we have authorized and are subsequently presented to us for payment. If you gain access with the use of a Card to an account which is not available to you, we can charge or credit the transaction to any of your existing business checking accounts. Service and processing fees may be imposed for any type of card transaction by third parties involved in handling such transactions and included in the indicated charge on your statement. For ATM transactions at other parties’ ATMs, surcharge and other fees may be imposed which may or may not be disclosed at the ATM in accordance with local laws and regulations pertaining to the ATM.
ACCOUNT DEBITS. If you do not specify a settlement date, generally we will debit your Account for any tax payment on the Business Day you transmit payment instructions to us. If you specify a settlement date, generally we will debit your account on the settlement date unless you are prefunding your tax payments. "Prefunding" means that you pay for all tax payments by such time before the settlement date as we may specify. At our discretion, we may at any time without notice debit your Account on the Business Day that tax payment instructions are transmitted to us (or on any other date before the payment date). If we debit funds on the transmission date (or any other date before the payment date), we hold the funds as a deposit liability to you, and not as trust funds, until the date when we remit them to the applicable tax authority. We will not pay you interest on such funds. If your tax payment instructions are unclear or inadequate in our sole determination to permit us to determine the later due date, or if we otherwise reasonably decide that any delay in the payment of the tax may expose you to liability for a penalty, we reserve the right to debit your Account and to make a tax payment earlier than the tax due date. In such case, we will not be liable to you for any loss of funds. Rejection of Instructions. We may reject your tax payment instructions during or immediately after transmission if they do not comply with the requirements of the Instructions or if we have been unable to verify the instructions using our security procedures. You will be informed of any such rejection in accordance with the Instructions. We also may decline to perform any Tax Payment service or to report any tax, file any tax form, or pay any related tax for you, even if we have received authenticated instructions from you to do so, if the payment and our related service fees and charges exceed the collected and available balance in your Account or our ACH processing limits. If we reject a tax payment instruction from you for such reason, we will promptly notify you by telephone, facsimile or electronic communication (through Online Banking or otherwise). Bank will not be liable to you for the tax payment, any interest on the amount of your tax liability, or for any tax penalty imposed on you in connection with the tax liability. You agree that notification through the means contemplated in this paragraph are reasonable.
