Examples of ACH Authorization in a sentence
Agent’s initial payment methods for fees, xxxxxxxx, commission reimbursements, charge-backs, fees agreed to be paid by Agent on behalf of others, etcetera, are as provided in the Credit Card and Checking Account (ACH) Authorization Form (the “Authorization Form”).
Unless this ACH Authorization is terminated, Trustee may continue to send the electronic payment to the Financial Institution indicated above until notified by Payee or Xxxxx’s authorized representative that a change must be made to the Financial Institution receiving the electronic payment.
If Xxxxx’s Financial Institution information changes, Xxxxx agrees to submit to Trustee an updated ACH Authorization.
All payments of the Borrower/Grantee hereunder shall be paid in lawful money of the United States of America to the NMFA at the address designated in Section 11.1 of this Agreement or by electronic debit of the account identified in the ACH Authorization.
Trustee may terminate this ACH Authorization for any reason, including, without limit, if any electronic payment sent by Trustee to the Payee Account is rejected by Payee or the Financial Institution.