Bank Authorization Sample Clauses

A Bank Authorization clause grants permission for a bank to take specific actions on behalf of a party, typically related to financial transactions or account management. This may include authorizing the bank to transfer funds, disclose account information, or process payments as instructed by the account holder or an authorized representative. The core function of this clause is to facilitate smooth and efficient banking operations by clearly defining the scope of the bank's authority, thereby reducing administrative delays and ensuring that financial instructions are executed as intended.
Bank Authorization. The Bank represents and warrants that this Agreement is made pursuant to and is duly authorized by the Board of Directors of the Bank and recorded in the official records of the Bank.
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Bank Authorization. Bank hereby grants to Customer, during the term of this Agreement, a non-exclusive, royalty-free, nonassignable license, in the United States, to use the Bank Marks (and the copyrights that exist in such marks, if any) as Bank expressly authorizes in connection with the Program, including but not limited to, on the Cards, account billing statements, Cardholder Agreements, Solicitation Materials and in other communications to Customers, prospective Customers and Cardholders, as permitted in this Agreement. The Bank Marks are: Monterey County Bank and such other Marks for which Customer is granted a license to use in connection with a Program. The Bank Marks shall be used by Customer only in the forms and formats expressly approved by the Bank. Except as provided herein, it is expressly agreed that Customer is not acquiring any right, title or interest in the Bank Marks, which shall remain the property and/or rights of the Bank. Customer agrees that it shall not attack the title or any rights of the Bank in and to the Bank Marks. Customer shall assist Bank, to the extent necessary and at Bank’s sole expense, in protecting the Bank’s rights in the Bank’s Marks.
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Bank Authorization. Company Name: (Depositor as shown on bank records) Bank Name: ABA Routing # Account #: Branch Address: City: State: Zip: Bank is hereby instructed to honor the following noted charges to Client’s DDA (Demand Deposit Account) for: Direct Deposit Tax Liabilities Trust Account Access Payroll Processing Fees Agency Checks Transfer A. Said charges will be initiated by Accuchex Corporation, and if Bank does not or cannot honor such charges, or if Bank is notified by Company regarding any authorized deductions, including electronic deductions, Bank is additionally instructed to contact Accuchex Corporation immediately at (877) 422- 2824 and notify Accuchex Corporation of the circumstances. Company hereby agrees to the terms. This authorization shall remain in effect until revoked in writing by company. Companies choosing Trust Account Access will have funds debited from the indicated account 3 business days prior to the payroll check date. B. Processor may, without demand, debit the Account for any amount payable by Company to Processor under this agreement, including Processor’s service fees. C. If sufficient funds are not available, NSF fees will be charged as follows: $150.00 1st time, $250.00 2nd time, $300.00 3rd time.
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Bank Authorization. The Bank represents and warrants that this Agreement is made pursuant to and is duly authorized by the Board of Directors of the Bank and recorded in the official records of the Bank. EXECUTED on this the day of , 20 . By: By: Name: Dr. ▇▇▇▇ ▇▇▇▇▇▇ Name: Title: City Manager Title: By: Name: Title: For the term of this Agreement, the City and the Bank designate the individuals listed below as authorized to represent and act for the City and the Bank, respectively, in any and all matters including collateral assignment and substitution, and, upon further written authorization by the City with respect to Bank officials, execution of agreements and transfers of funds. Any changes in these representatives by either party will be made in writing to the other party.
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Bank Authorization. Bank account(s) opened in the name of the Company shall be operated by any one of . It is clarified that signature of either of adequate for the purpose of bank transactions and the Founders hereby agree to retain this practice for ease of operations.However, the Founders will jointly agree to a nominated person between them to operate theaccount for fiscal ease and accountability.For the purpose of clarifications, all purchases and transactions above INR will be finally determined by the board of directors. The limits can be modified by the board of directors, from time to time.
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Bank Authorization. Applicant hereby authorizes GSDI to provide a copy of this document to any and all banks with which Applicant has or has had an account and authorizes any bank to provide GSDI any and all information with respect to Applicant’s credit banking history.
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Related to Bank Authorization

  • Power; Authorization Such Investor has all requisite power and authority to execute and deliver this Agreement. This Agreement, when executed and delivered by such Investor, will constitute a valid and legally binding obligation of such Investor, enforceable in accordance with its respective terms, except as: (a) limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally; and (b) limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

  • Required Authorizations There is no requirement to make any filing with, give any notice to, or obtain any Authorization of, any Governmental Entity as a condition to the lawful completion of the transactions contemplated by this Agreement.

  • Network Authorization For services that cannot be provided by a network provider, you can request a network authorization to seek services from a non-network provider. With an approved network authorization, the network benefit level will apply to the authorized covered healthcare service. If we approve a network authorization for you to receive services from a non- network provider, our reimbursement will be based on the lesser of our allowance, the non-network provider’s charge, or the benefit limit. For more information, please see the How Non-Network Providers Are Paid section.

  • ACH Authorization Merchant authorizes Service Provider to initiate debit/credit entries to the Designated Account, the Reserve Account, or any other account maintained by Merchant at any institution, all in accordance with this Agreement. This authorization will remain in effect beyond termination of this Agreement. In the event Merchant changes the Designated Account, this authorization will apply to the new account.

  • LEGAL AUTHORIZATION (a) The Sub-Recipient certifies that it has the legal authority to receive the funds under this Agreement and that its governing body has authorized the execution and acceptance of this Agreement. The Sub-Recipient also certifies that the undersigned person has the authority to legally execute and bind Sub-Recipient to the terms of this Agreement.