PRE-AUTHORIZED PAYMENT, SPECIFIC AMOUNT

PRE-AUTHORIZED PAYMENT, SPECIFIC AMOUNT

[DATE, ex. Wednesday, June 11, 1998]

[NAME, COMPANY AND ADDRESS, ex.
John Smith
XYZ Bank
1234 First Street
Suite 567
Anycity, Anystate 85245]

Dear [NAME, ex. John Smith],

You are hereby authorized to withdraw from the following account the amount of [AMOUNT OF PERIODIC DEBIT, ex. $4,299.48] on a [PERIOD OF PAYMENT, ex. monthly, weekly] basis on the [BILLING DATE, ex. 15th day of each month]:

Bank: [BANK NAME AND ADDRESS]
Bank Transit No: [BANK TRANSIT NO., ex. 4444]
Account No: [ACCOUNT NUMBER, ex. 12345678]
Bank Tel. No. [BANK TELEPHONE NO., ex. (XXX) XXX-XXXX]
Bank Contact [NAME OF BANK CONTACT, ex. Susan Smith, Manager]

This shall be your good and sufficient authority for so doing.

We enclose an unsigned check from the account marked “VOID”.

[NOTE: IF MORE THAN ON SIGNATURE IS REQUIRED ON ACCOUNT, MAKE SURE BOTH BANK SIGNING OFFICERS SIGN LETTER]

Sincerely,

[YOUR NAME, ex. Jill Jones]

NOTIFYING BANK OF ADDITIONAL SIGNING OFFICER AND REQUESTING SIGNING PAPERS

NOTIFYING BANK OF ADDITIONAL SIGNING OFFICER AND REQUESTING SIGNING PAPERS

[DATE, ex. Wednesday, June 11, 1998]

[NAME, BANK AND ADDRESS, ex.
John Smith
XYZ Bank
1234 First Street
Suite 567
Anycity, Anystate 85245]

Dear [NAME, ex. John Smith],

We have recently approved the addition of one signing officer to our Account No. [ACCOUNT NO., ex. 12345678]. This individual’s name is [NAME AND TITLE OF NEW SIGNING OFFICER, ie. Sara Smith, Controller].

Would you kindly forward to us the necessary documents to give effect to this change. We will arrange to have them signed and returned to you as soon as possible.

Please note that all other signing officers, as per your records, remain the same.

Sincerely,

[YOUR NAME, ex. Jill Jones]

NOTIFYING BANK OF REMOVAL OF SIGNING OFFICER

NOTIFYING BANK OF REMOVAL OF SIGNING OFFICER

[DATE, ex. Wednesday, June 11, 1998]

[NAME, BANK AND ADDRESS, ex.
John Smith
XYZ Bank
1234 First Street
Suite 567
Anycity, Anystate 85245]

Dear [NAME, ex. John Smith],

We have recently removed [NAME AND TITLE OF SIGNING OFFICER BEING REMOVED, ie. Sara Smith, Controller] as a signing officer on our Account No. [ACCOUNT NO., ex. 12345678] effective immediately. Any checks or other account authorizations signed by [him / her] bearing a date on or after the date of this letter should not be honoured.

Please amend your records forthwith.

Please note that all other signing officers, as per your records, remain the same.

Sincerely,

[YOUR NAME, ex. Jill Jones]

TERMINATING FUTURE OBLIGATIONS UNDER CONTINUING GUARANTEE

TERMINATING FUTURE OBLIGATIONS UNDER CONTINUING GUARANTEE

[DATE, ex. Wednesday, June 11, 1998]

[NAME, BANK AND ADDRESS, ex.
John Smith
XYZ Bank
1234 First Street
Suite 567
Anycity, Anystate 85245]

Dear [NAME, ex. John Smith],

We refer to the continuing Guarantee dated [DATE OF GUARANTEE, ex. January 15, 1996] given by us to you pursuant to which we guaranteed the ongoing obligations of [NAME OF OBLIGOR WHOSE INDEBTEDNESS WAS GUARANTEED, ex. ABC Corp.]

Please accept this letter as formal notification to you that we are terminating all future obligations under the Guarantee effective [DATE OF TERMINATION OF OBLIGATIONS UNDER GUARANTEE, ex. September 30, 1998].

This termination notice is given to you in accordance with the terms and conditions of the Guarantee.

Sincerely,

[YOUR NAME, ex. Jill Jones]