Processor Affiliate Accounts/Account Debiting Authorization. In addition to any other rights or remedies that may be available to Processor or any of its affiliates, by entering into this Agreement, Merchant expressly authorizes (i) Processor to collect any amounts that are at any time due and owing from Merchant to Processor under this Agreement by debiting any checking, savings or other deposit account that Merchant at any time maintains in any affiliate of Processor (any such account, a “Processor Affiliate Account”) and (ii) any affiliate of Processor to collect any amounts that are at any time due and owing from Merchant to such affiliate by debiting any Processor Affiliate Account or any checking, savings or other deposit account that Merchant maintains with Processor.
Appears in 4 contracts
Sources: Merchant Processing Agreement, Merchant Processing Agreement, Merchant Processing Agreement