Preapproved Payments Sample Clauses

Preapproved Payments. A Preapproved Payment is a payment in which you Authorize a Merchant to directly charge your Account on a one-time, regular, or sporadic basis. Preapproved Payments are sometimes called "subscriptions", "recurring payments”, “preauthorized transfers” or "automatic payments". Within two (2) Business Days of any Preapproved Payment made from your Account, you will receive a confirmation of this transaction by email.
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Preapproved Payments. A Preapproved Payment is a payment in which you, Paying User, authorize a Receiving User to directly charge your Account's Default Payment Method on a one-time, regular, or sporadic basis, as per pre-agreed parameters. Preapproved Payments may also be called "subscriptions", "recurring payments”, “preauthorized transfers” or "automatic payments". To help minimize disruption of your Preapproved Payments, we may, but will not be required to, update your Payment Information, see Section 2.3 “c” above (Information Update).
Preapproved Payments. APreapproved Payment is a payment in which you Authorize a Merchant to directlycharge your Account on a one-time, regular, or sporadic basis. Preapproved Payments are sometimes called "subscriptions", "recurring payments”, “preauthorized transfers” or "automatic payments".
Preapproved Payments. Concurrent with any Preapproved Payment from your Account, you will receive a confirmation of that transaction by email. The following applies to any Preapproved Payments you make:

Related to Preapproved Payments

  • Prohibited Payments The following types of payments are prohibited through the Service, and we have the right but not the obligation to monitor for, block, cancel and/or reverse such payments:

  • Restricted Payments Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

  • Advance Payments Payments made by the Borrower to satisfy future installments must be accounted for as prepaid installments of principal and interest. The Servicer should contact the Borrower if there is a question about the Borrower's intention in making any unscheduled payment.

  • Delayed payments The Parties hereto agree that payments due from one Party to the other Party under the provisions of this Agreement shall be made within the period set forth therein, and if no such period is specified, within 30 (thirty) days of receiving a demand along with the necessary particulars. Unless otherwise specified in this Agreement, in the event of delay beyond such period, the defaulting Party shall pay interest for the period of delay calculated at a rate equal to 5% (five per cent) above the Bank Rate, and recovery thereof shall be without prejudice to the rights of the Parties under this Agreement including Termination thereof.

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