Payment Terms In order to use this Web site to pay your bill(s) electronically, you must agree to the following terms by clicking on the "I Agree" button at the end of this document. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT USE THIS SITE FOR PAYMENT. DEFINITION: When we use the term "bank", we mean a bank, a savings bank, a credit union or another financial institution in the United States that accepts deposits. YOUR AUTHORIZATION: By using this Web site to make a payment electronically using SFS Check, you are authorizing SFS Check to initiate transfers from your bank account to pay your bill. You also authorize your bank to honor these payments. YOUR RESPONSIBILITIES: 1.You agree to submit accurate bank account information for accounts on which you are an authorized signer (generally, this means you have filled out an account agreement and/or a signature card at your bank). 2.You agree to deposit funds in your bank account sufficient to pay the bill you have agreed to pay electronically. These funds must be available for withdrawal on the date you make payment for a bill. 3.Once your payment(s) have been initiated, you agree to contact NYU if you have questions about your payment, including the amount of your payment, or if you want to revoke the payment arrangement. You agree to contact your bank if you want to stop payment on a specific bill. You understand that if you do nothing to stop a payment or to revoke authorization, the payment will be made in the amount and on the date you make the payment electronically. OUR RESPONSIBILITIES: 1.SFS Check, LLC will submit your payment(s) for processing. We will transmit the exact information you provide to us. 2.SFS Check, LLC does not guarantee the actions of any other company or bank involved in the payment process. HOW TO HANDLE A DISPUTE ABOUT YOUR BILL PAYMENTS: If you have a dispute about a payment, you may first want to contact NYU to see if you can resolve the matter. If direct contact with NYU does not resolve the issue and if the bill has already been paid, then you may want to contact your bank for help. Regulation E sets forth specific procedures that banks and consumers must follow if they use the Regulation E dispute procedure. To take advantage of the Regulation E procedures, you must believe there is an error in a payment transaction that is from one of the following causes: you did not authorize the payment; or the payment amount is not correct; or there is an error on the bank statement relating to a Direct Payment. You should contact your bank as soon as you are aware of a problem. You must contact your bank within 60 days after it first sends you a statement showing the error. If you contact the bank by telephone, the bank may ask you to confirm your dispute in writing. You must (1) tell your bank your name and account number, (2) the amount of the error, and (3) describe why you believe there is an error, or what information you need to determine if there was an error. Your bank should investigate the error within 10 business days and notify you within 3 days of completing that investigation. If your bank needs more than 10 business days to investigate, then it must credit your account temporarily while it completes an investigation. Your bank must respond to your dispute within 45 days. If your bank concludes that there was no error, then it will tell you in writing and it will withdraw the money it temporarily deposited. If your bank determines there was an error, then it must correct that error promptly. This is a summary of certain provisions of Regulation E. Please refer to Regulation E or to your bank for more details on this procedure or other provisions of the regulation. ELECTRONIC CONTRACTING DISCLOSURES. You may access this payment service only via the Internet. To access the site, you may use either of the following two browsers: Netscape Communicator (Netscape is the registered trademark of Netscape Communications Corporation) or Microsoft Internet Explorer 5.0 or higher. Once you access the site, you have the choice of using only the informational part of the site, or for making a payment through the Web site. For security reasons, you will not be able to access payment records through the Web site or otherwise after you complete and submit a payment. Therefore, it is important that you print a copy of your completed payment information and these Terms and keep them for your records. To do so, you must have access to a printer. You consent to receiving these disclosures and the Regulation E disclosures electronically. YOUR AGREEMENT: If you wish to continue and make a a payment, click the "I AGREE" box below. If you click "I AGREE", then you are electronically agreeing to the terms of this agreement which will then apply to any payment and/or change made during this session. If you do not agree with the terms of this agreement, then click "I DON'T AGREE" below to return to our home page.