Common use of Debit Transactions Clause in Contracts

Debit Transactions. Secured Party may but shall not be required to offer Debtor the option of paying any of Debtor's obligations to Secured Party through printed checks ("Debit Transactions") drawn pursuant to this authorization upon Debtor's checking account, using Debtor's checking account number, bank routing code and other information which Debtor provides to Secured Party prior to the first Debit Transaction. Debtor authorizes Secured Party to initiate Debit Transactions from Debtor's checking account in the amount necessary to pay the installment payments, delinquency charges, or such other amounts as may now or hereafter be due hereunder or under any other present or future agreement with or which is held by Secured Party, plus a fee of ten dollars ($10.00) for each Debit Transaction initiated by Secured Party. In the event applicable law prohibits or restricts the amount of such fee, the fee chargeable under this provision shall be limited and/or restricted in accordance with applicable law. Secured Party may from time to time increase or decrease the Debit Transaction fee upon prior written notice addressed to Debtor's last known address as shown on the records of Secured Party and such increase or decrease shall be effective as stated in the written notice. Unless prohibited by applicable law, Debtor's continued use of Debit Transactions after the effective date specified in such notice shall conclusively establish Debtor's agreement to pay the new Debit Transaction fee stated therein. Debtor authorizes Secured Party or any officer, employee or designee of Secured Party to endorse Debtor's name as drawer on any printed check drawn in accordance with this authorization. Until cancelled by Debtor, this authorization shall be valid for all Debit Transactions Secured Party initiates in payment of Debtor's obligations hereunder or under any other present or future agreement with or which is held by Secured Party. This authorization may be canceled at any time by Debtor giving at least three (3) business days prior written notice to Debtor's bank and Secured Party. Payment by Debit Transactions is not required by Secured Party nor is its use a factor in the approval of credit.

Debit Transactions. Secured Party Lessor may but shall not be required to offer Debtor Lessee the option of paying any of DebtorLessee's obligations to Secured Party Lessor through printed checks ("Debit Transactions") drawn pursuant to this authorization upon DebtorLessee's checking account, using DebtorLessee's checking account number, bank routing code and other information which Debtor Lessee provides to Secured Party Lessor prior to the first Debit Transaction. Debtor Lessee authorizes Secured Party Lessor to initiate Debit Transactions from DebtorLessee's checking account in the amount necessary to pay the installment rental payments, delinquency charges, or such other amounts as may now or hereafter be due hereunder or under any other present or future agreement with or which is held by Secured PartyLessor, plus a fee of ten dollars ($10.00) for each Debit Transaction initiated by Secured PartyLessor. In the event applicable law prohibits or restricts the amount of such fee, the fee chargeable under this provision shall be limited and/or restricted in accordance with applicable law. Secured Party Lessor may from time to time increase or decrease the Debit Transaction fee upon prior written notice addressed to DebtorLessee's last known address as shown on the records of Secured Party Lessor and such increase or decrease shall be effective as stated in the written notice. Unless prohibited by applicable law, DebtorLessee's continued use of Debit Debt Transactions after the effective date specified in such notice shall conclusively establish DebtorLessee's agreement to pay the new Debit Debt Transaction fee stated therein. Debtor Lessee authorizes Secured Party Lessor or any officer, employee or designee of Secured Party Lessor to endorse DebtorLessee's name as drawer on any printed check drawn in accordance with this authorization. Until cancelled by DebtorLessee, this authorization shall be valid for all Debit Transactions Secured Party Lessor initiates in payment of DebtorLessee's obligations hereunder or under any other present or future agreement with or which is held by Secured PartyLessor. This authorization may be canceled at any time by Debtor Lessee giving at least three (3) business days prior written notice to DebtorLessee's bank and Secured PartyLessor. Payment by Debit Transactions is not required by Secured Party nor Lessor not is its use a factor in the approval of credit.

Debit Transactions. Secured Party may but shall not be required to offer Debtor the option of paying any of Debtor's obligations to Secured Party through printed checks ("Debit Transactions") drawn pursuant to this authorization upon Debtor's checking account, using Debtor's checking account number, bank routing code and other information which Debtor provides to Secured Party prior to the first Debit Transaction. Debtor authorizes Secured Party to initiate Debit Transactions from Debtor's checking account in the amount necessary to pay the installment payments, delinquency charges, or such other amounts as may now or hereafter be due hereunder or under any other present or future agreement with or which is held by Secured Party, Party plus a fee of ten dollars ($10.00) for each Debit Transaction initiated by Secured Party. In the event applicable law prohibits or restricts the amount of such fee, the fee chargeable under this provision shall be limited and/or restricted in accordance with applicable law. Secured Party may from time to time increase or decrease the Debit Transaction fee upon prior written notice addressed to Debtor's last known address as shown on the records of Secured Party and such increase or decrease shall be effective as stated in the written notice. Unless prohibited by applicable law, Debtor's continued use of Debit Transactions after the effective date specified in such notice shall conclusively establish Debtor's agreement to pay the new Debit Transaction fee stated therein. Debtor authorizes Secured Party or any officer, employee or designee of Secured Party to endorse Debtor's name as drawer on any printed check drawn in accordance with this authorization. Until cancelled by Debtor, this authorization shall be valid for all Debit Transactions Secured Party initiates in payment of Debtor's obligations hereunder or under any other present or future agreement with or which is held by Secured Party. This authorization may be canceled at any time by Debtor giving at least three (3) business days prior written notice to Debtor's bank and Secured Party. Payment by Debit Transactions is not required by Secured Party nor is its use a factor in the approval of credit.

Debit Transactions. Secured Party Lessor may but shall not be required to offer Debtor Lessee the option of paying any of DebtorLessee's obligations to Secured Party Lessor through printed checks ("Debit Transactions") drawn pursuant to this authorization upon DebtorLessee's checking account, using DebtorLessee's checking account number, bank routing code and other information which Debtor Lessee provides to Secured Party Lessor prior to the first Debit Transaction. Debtor Lessee authorizes Secured Party Lessor to initiate Debit Transactions from DebtorLessee's checking account in the amount necessary to pay the installment rental payments, delinquency charges, or such other amounts as may now or hereafter be due hereunder or under any other present or future agreement with or which is held by Secured PartyLessor, plus a fee of ten dollars ($10.00) for each Debit Transaction initiated by Secured PartyLessor. In the event applicable law prohibits or restricts the amount of such fee, the fee chargeable under this provision shall be limited and/or restricted in accordance with applicable law. Secured Party Lessor may from time to time increase or decrease the Debit Transaction fee upon prior written notice addressed to DebtorLessee's last known address as shown on the records of Secured Party Lessor and such increase or decrease shall be effective as stated in the written notice. Unless prohibited by applicable law, DebtorLessee's continued use of Debit Transactions after the effective date specified in such notice shall conclusively establish DebtorLessee's agreement to pay the new Debit Transaction fee stated therein. Debtor Lessee authorizes Secured Party Lessor or any officer, employee employee, or designee of Secured Party to endorse DebtorLessee's name as drawer on any printed check drawn in accordance with this authorization. Until cancelled by DebtorLessee, this authorization shall be valid for all Debit Transactions Secured Party Lessor initiates in payment of DebtorLessee's obligations hereunder or under any other present or future agreement with or which is held by Secured PartyLessor. This authorization may be canceled cancelled at any time by Debtor Lessee giving at least three (3) business days prior written notice to DebtorLessee's bank and Secured PartyLessor. Payment by Debit Transactions is not required by Secured Party Lessor nor is its use a factor in the approval of credit.credit only after written authorization by Lessee will debit transactions occur. CT

Debit Transactions. Secured Party Lessor may but shall not be required to offer Debtor Lessee the option of paying any of DebtorLessee's obligations to Secured Party Lessor through printed checks ("Debit Transactions") drawn pursuant to this authorization upon DebtorLessee's checking account, using DebtorLessee's checking account number, bank routing code and other information which Debtor Lessee provides to Secured Party Lessor prior to the first Debit Transaction. Debtor Lessee authorizes Secured Party Lessor to initiate Debit Transactions from DebtorLessee's checking account in the amount necessary to pay the installment rental payments, delinquency charges, or such other amounts as may now or hereafter be due hereunder or under any other present or future agreement with or which is held by Secured PartyLessor, plus a fee of ten dollars ($10.00) for each Debit Transaction initiated by Secured PartyLessor. In the event applicable law prohibits or restricts the amount of such fee, the fee chargeable under this provision shall be limited and/or restricted in accordance with applicable law. Secured Party Lessor may from time to time increase or decrease the Debit Transaction fee upon prior written notice addressed to DebtorLessee's last known address as shown on the records of Secured Party Lessor and such increase or decrease shall be effective as stated in the written notice. Unless prohibited by applicable law, DebtorLessee's continued use of Debit Transactions after the effective date specified in such notice shall conclusively establish DebtorLessee's agreement to pay the new Debit Transaction fee stated therein. Debtor Lessee authorizes Secured Party Lessor or any officer, employee or designee of Secured Party Lessor to endorse DebtorLessee's name as drawer on any printed check drawn in accordance with this authorization. Until cancelled by DebtorLessee, this authorization shall be valid for all Debit Transactions Secured Party Lessor initiates in payment of DebtorLessee's obligations hereunder or under any other present or future agreement with or which is held by Secured PartyLessor. This authorization may be canceled at any time by Debtor Lessee giving at least three (3) business days prior written notice to DebtorLessee's bank and Secured PartyLessor. Payment by Debit Transactions is not required by Secured Party Lessor nor is its use a factor in the approval of credit.