Automatic Payment Plan Sample Clauses

An Automatic Payment Plan clause establishes a system where payments are made automatically on a recurring basis, typically through electronic transfers or direct debits from a designated account. This clause outlines the frequency, amount, and method of payment, ensuring that obligations such as monthly fees, loan installments, or subscription charges are paid without manual intervention. Its core practical function is to streamline the payment process, reduce the risk of missed or late payments, and provide predictability for both parties involved.
Automatic Payment Plan. The plan allows CLIENT to have its payment of the Fee withdrawn each month directly from its bank account and electronically transferred to ▇▇▇▇▇▇▇▇ ▇▇ LLC without having to write checks or mail payments. CLIENT will continue to receive a monthly billing statement approximately 10 to 14 days before the assigned due date and forward the funds to ▇▇▇▇▇▇▇▇ ▇▇ LLC. This transaction will be processed every month during the term of this Agreement regardless of whether your account is current, delinquent or paid ahead. You will need to complete and return the Automatic Payment Plan Authorization Agreement attached hereto as Schedule B-1.
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Automatic Payment Plan. If you are in the Automatic Payment Plan and the deduction is not honoured by the bank, you must immediately pay us the amount of the required deduction. We need not ask you for it first. If you want to change or discontinue your Automatic Payment Plan you should contact one of our branches. We will then arrange to make the change you want, or arrange for the Automatic Payment Plan to be discontinued. This change will be effective from the next statement date following the date of change. If you close the account we are debiting under your Automatic Payment Plan, you must:
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Automatic Payment Plan. Under the College’s automatic payment plan, the student agrees to make monthly electronic payments on the fifth day of each month throughout the semester. The student enrolls for this plan through the College’s payment plan service provider, NelNet (800-609-8056). Finance Charges will not apply as long as each monthly payment is made when due. There is a non- refundable fee to enroll in the plan. Additional information can be found at ▇▇▇.▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.
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Automatic Payment Plan. When the Principal has an Automatic Payment Plan and the deduction is not honoured by the bank, the Principal must immediately pay us the amount of the required deduction. We need not ask the Principal for it first. If the Principal wants to change or discontinue the Automatic Payment Plan, the Principal should contact one of our branches. If approved by us, we will then arrange to make the change the Principal wants. This change will be effective from the next statement date following the date of change. If the Principal closes the account we are debiting under the Automatic Payment Plan, the Principal must: • tell us the new account on which we can draw payments under the Automatic Payment Plan; or • cancel the Automatic Payment Plan. If the Principal does not, the Principal may be charged a dishonour fee, if we cannot draw a payment under the Automatic Payment Plan. We may discontinue the Principal’s Automatic Payment Plan if the Plan is not working properly – for example, if the account the Principal selected for debiting is regularly short of funds. We would normally contact the Principal before we discontinue the Plan.
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Automatic Payment Plan. As the PIRANHA SWIM TEAM does not have a corporate office place, and is run by volunteers outside of its coaching staff, auto payment is the preferred method of billing for team dues, fees and other items. Please utilize the secure payment processing option through our website. Piranha Swim Team utilizes Team Unify billing system which is known for a superior support staff and secure network. If you have any questions or concerns, please contact the head coach or team administrator.
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Automatic Payment Plan. If you do not, you may be charged a dishonour fee, if we cannot draw a payment under your Automatic Payment Plan. We may discontinue your Automatic Payment Plan if the Plan is not working properly - for example, if the account you selected for debiting is regularly short of funds. We would normally contact you before we discontinue your Plan.
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Automatic Payment Plan. Lessee shall deliver an executed electronic funds transfer authorization in favor of Lessor.
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Automatic Payment Plan. When the Principal is in the Automatic Payment Plan and the deduction is not honoured by the Bank, the Principal must immediately pay us the amount of the required deduction. We need not ask the Principal for it first. If the Principal wants to change or discontinue the Automatic Payment Plan, the Principal should contact one of our branches. If approved by us, we will then arrange to make the change the Principal wants. This change will be effective from the next statement date following the date of change. If the Principal closes the account we are debiting under the Automatic Payment Plan, the Principal must: If the Principal does not, the Principal may be charged a dishonour fee, if we cannot draw a payment under the Automatic Payment Plan. We may discontinue the Principal’s Automatic Payment Plan if the Plan is not working properly – for example, if the account the Principal selected for debiting is regularly short of funds. The Principal will then be taken to be in breach of these conditions and condition 30 will apply. We would normally contact the Principal before we discontinue the Plan.
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Related to Automatic Payment Plan

  • Automatic Payments You can agree with a seller who accepts PayPal to use PayPal as the payment method for future purchases with that seller. This agreement is between you and the seller and allows you to pay the seller on a one-time, regular or sporadic basis. Depending on the seller you wish to pay, you might also be able to directly instruct PayPal to make future payments to the seller on your behalf on a one-time, regular or sporadic basis. Examples of automatic payments that can be arranged by you either with a seller or with PayPal include those that PayPal calls a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "preauthorised transfer" or "preapproved payment." You authorise and instruct PayPal to pay the third party (or another person they direct) amounts from your payment method for the amounts you agree to owe and as presented to PayPal by that third party. You may cancel an automatic payment up to 3 business days before the date of the next scheduled payment from your account settings or by contacting us. Once you contact PayPal to cancel an automatic payment, all future automatic payments under your agreement with that seller will be stopped. If you cancel an automatic payment, you may still owe the seller money for the purchase or have additional obligations to the seller for any goods or services that you receive but have not paid for. If you have authorised an automatic payment and PayPal performs currency conversion for an automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal's currency conversion fee) in effect at the time the automatic payment transaction is processed.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • SUPPLEMENTAL PAYMENT LIMITATION Notwithstanding the foregoing: A. the total of the Supplemental Payments made pursuant to this Article shall not exceed for any calendar year of this Agreement an amount equal to the greater of One Hundred Dollars ($100.00) per student per year in average daily attendance, as defined by Section 48.005 of the TEXAS EDUCATION CODE, or Fifty Thousand Dollars ($50,000.00) per year times the number of years beginning with the first complete or partial year of the Qualifying Time Period identified in Section 2.3.C and ending with the year for which the Supplemental Payment is being calculated minus all Supplemental Payments previously made by the Application; B. Supplemental Payments may only be made during the period starting the first year of the Qualifying Time Period and ending December 31 of the third year following the end of the Tax Limitation Period. C. the limitation in Section 6.2.A does not apply to amounts described by Section 313.027(f)(1)–(2) of the TEXAS TAX CODE as implemented in Articles IV and V of this Agreement. D. For purposes of this Agreement, the calculation of the limit of the annual Supplemental Payment shall be the greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance as calculated pursuant to Section 48.005 of the TEXAS EDUCATION CODE, based upon the District’s Average Daily Attendance for the previous school year.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.