Auto Payment Clause Samples
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Auto Payment. 28.1 In terms of the Auto Payment authorisation, you have the option of paying your Credit facility as indicated on your monthly account statement between the statement date and your payment due date as per the following options: • Minimum monthly payment amount due (as indicated on your statement); • Full amount due; • Specified Amount. Please note that the specified amount cannot be below the minimum monthly payment. Should your specified amount be less than the minimum monthly payment reflected on your statement, the minimum amount as reflected on your statement will be deducted; • Percentage of the Full amount due (between 5% and 100% of the straight balance); • Actual balance settlement (which allows you to settle your full monthly straight balance on the Auto Payment date as selected by you, within the current billing cycle, which will include all debits and credits after the statement date up until the selected Auto Payment date); • Full statement balance (which allows you to settle your full statement Credit facility balance is not affected by any debits and credits processed between the statement date and your selected Auto Payment date).
28.2 Your Auto Payment authorisation can be obtained electronically, telephonically or in writing signed by you.
28.3 We prefer the date of Auto Payment to be your salary date.
28.4 In terms of the Auto Payment, we will deduct monthly, by way of a payment instruction to your Bank, on the payment due date, from the account provided by you, the minimum/full/specified amount, in respect of the amounts due on your Credit facility.
28.5 The payment instruction to your Bank may be delivered after being authenticated by you where such authentication is required.
28.6 Should your payment due date be your salary date, you agree that the bank may move your payment due date as and when your salary date moves.
28.7 Should your Auto Payment be returned unpaid, we will make further attempts to debit your nominated account thereafter to ensure a successful payment, which costs you will be liable for.
28.8 In the event of your Auto Payment being returned unpaid and where your specified payment due date is not your salary date, the bank has the discretion to change your statement date thereby changing your payment due date (specified Auto Payment date) to coincide with your salary date or any other date we deem suitable to collect via the Auto Payment. You will be notified of these changes as per clause 13.2.
28.9 Should your Aut...
Auto Payment. Generally, all prices quoted in a SOW anticipate automatic monthly recurring payment by you via electronic check (ACH) setup on our payment portal. Payments by any other method or not set up for automatic withdrawal will result in increased fees by a minimum of five percent (5%). Payment made via paper check will incur a $100 processing fee.
Auto Payment. This Section shall apply to Purchase Orders identified as being subject to automatic payment by EDS.
Auto Payment. 11.3.1 In terms of the Auto Payment authorisation you have the option of paying your account with the full amount only, as indicated on your monthly account statement between the statement date and your selected due date.
11.3.2 Your Auto Payment authorisation can be obtained in writing duly signed by authorised signatories.
11.3.3 In terms of the Auto Payment, we will deduct, monthly, on the payment due date, the full amount, in respect of the amounts due on your credit card account. Should your Auto Payment be returned unpaid, we will make further attempts to debit your account thereafter to ensure a successful payment, which costs you will be liable for.
11.3.4 Where you have an existing Auto Payment wherein you specified the date on which the Auto Payment is to be deducted from your account provided, we will continue to deduct monthly on the specified date. Should your Auto Payment be returned unpaid, we will make further attempts thereafter to debit your account to ensure a successful payment, which costs you will be liable for. Should your Auto Payment be unpaid in the consecutive month we will suspend your Auto Payment and proceed with our collections process.
11.3.5 You confirm that the banking details that appear on your Auto Payment authorisation are correct.
11.3.6 Missed Auto Payments will not result in the cancellation of the Auto Payment, it might result in it being temporarily suspended.
11.3.7 You authorise the Bank to verify the banking details as provided by you for the purposes of effecting the Auto Payment.
11.3.8 The account provided for this purpose is compliant with the Financial Intelligence Centre Act (“FICA”).
11.3.9 Should a payment be received (direct deposit or electronic transfer) before the Auto Payment is scheduled to run, the Auto Payment will not be processed for that month.
11.3.10 If the Bank account from which your Auto Payment is processed is closed by you at any time and your Auto Payment is returned unpaid, then the Bank will be entitled to cancel your credit card facility unless alternate Auto Payment arrangements have been made for the payment of your credit card facility. Refer to section 13 for ending this agreement.
Auto Payment. 24.1 Your Auto Payment authorisation can be obtained electronically, telephonically or in writing signed by you.
24.2 In terms of the Auto Payment, we will deduct monthly, by way of a payment instruction to your Bank, on the payment due date, from the account provided by you, the agreed amount, in respect of the amounts due on your Credit facility.
24.3 Should your Auto Payment be returned unpaid in the consecutive month, your Auto Payment will be suspended and we will proceed with our collections process.
24.4 Missed Auto Payments will not result in the cancellation of the Auto Payment.
24.5 Should a required payment be received (direct deposit or electronic transfer) before the Auto Payment is scheduled to run, the Auto Payment will not be processed for that month.
24.6 If the bank account from which your Auto Payment is processed is closed by you at any time and your Auto Payment is returned unpaid, then we will be entitled to cancel your Credit facility unless alternate Auto Payment arrangements have been made for the payment of your Credit facility.
Auto Payment. Ĩ ƚŚĞ ƵƐƚŽŵĞƌ ĚĞ- ĐŝĚĞ ƚŽ payment function at any time, the Customer will need to register its credit card or debit card details with EITC. If the Customer agrees to use the auto-payment function, the Customer agrees that EITC is authorised to deduct any ĐŚĂƌŐĞƐ ƚŚĞ ƵƐƚŽŵĞƌ ŽǁĞƐ /d ƌĞ use of the services. This may include:
13.4.1. any charges that are due for the services;
13.4.2. any charges the Customer has not been paid by the due date shown on an invoice; and
13.4.3. any charges included in a final ▇▇▇▇ if the Customer has ended the services it receives from EITC. EITC may remove from the auto-payment function any credit card or debit card that has expired, is identified as stolen, or
12.11.4. Where the consideration for any taxable supply ĨĂŝůƐ͘ &Žƌ ƐŽŵĞ ŽĨ /e dno t t͛o Ɛ ƐĞƌǀŝĐĞ of goods or services is subsequently adjusted (including on a termination), the Parties will enforce any deposit or advance payment due under 13.1 if the Customer activates auto-payment. For other services, make all appropriate adjustments to the VAT, ƐƵĐŚ ĂƐ /d ͛Ɛ ĚĞǀŝĐĞ ŝŶƐƚĂůŵĞŶƚ including the repayment of VAT, the further payment of VAT and the issue of any credit note or further VAT invoice valid for VAT purposes.
12.11.5. If the Parties are in dispute (with each other or with the relevant tax authority) or uncertain about the VAT obligations or implications of any supplies of goods or services pursuant to this Agreement, or the relevant tax authority determines that the Parties' treatment of VAT on such supplies is incorrect in any respect, the ƵƐĞ /d-p ay͛meƐnt fuĂncƵtioƚn.ŽEITC may, in any case, suspend the services and charge the Customer the deposit, administrative fee or advance payment if the auto-payment fails for any reason.
Auto Payment. On the first of each month, the monthly rental payment is automatically charged to a major credit card. Please note, the auto-payment date is fixed as the first day of the month and cannot be changed. ● $25.00 Fee will be charged on all returned checks. • If the payment for the current month’s rent has not been received at the office by the end of the 5th day of the month, the gate code for that unit will no longer function and a $10 late fee will be assessed. In addition, a red lock may be placed on the unit to prevent access. • Per the Rental Agreement, late fees will be assessed twice a month. • After an account has become delinquent and past due for one month, the storage unit’s status will be changed to “Lien” status. Insurance coverage will be terminated. Customer may sign up for insurance again once account has been brought current. At the facility’s discretion, the process to sell the unit’s contents at auction may begin. • Red locks will be removed ONLY during our regular business hours. • Rent will not be pro-rated at the time of move out. • At move out, we offer you a 5-day grace period after the first of the month in which to empty and clean your unit. However, after the 5th day of the month, a full month’s rent must be paid. • Please contact our office by phone or by email to notify us when you have moved out of your unit. If we do not receive notification of your move out or your unit is not left clean and empty, your security deposit will not be refunded.
Auto Payment. If the Customer decide to use EITC’s auto-payment function at any time, the Customer will need to register its credit card or debit card details with EITC. If the Customer agrees to use the auto-payment function, the Customer agrees that EITC is authorised to deduct any charges the Customer owes EITC relating to the Customer’s use of the services. This may include:
13.4.1. any charges that are due for the services;
13.4.2. any charges the Customer has not been paid by the due date shown on an invoice; and
13.4.3. any charges included in a final bill if the Customer has ended the services it receives from EITC. EITC may remove from the auto-payment function any credit card or debit card that has expired, is identified as stolen, or fails. For some of EITC’s services, EITC may choose not to enforce any deposit or advance payment due under 13.1 if the Customer activates auto-payment. For other services, such as EITC’s device instalment plans, the Customer must use EITC’s auto- payment function. EITC may, in any case, suspend the services and charge the Customer the deposit, administrative fee or advance payment if the auto- payment fails for any reason.