Common use of Account Authorization Clause in Contracts

Account Authorization. Borrower will require the financial or other institutions with which it maintains or has maintained depository and operating accounts to promptly provide such information concerning the Borrower, its financial condition and any transactions as Lender may from time to time request. Borrower hereby authorizes such institutions to directly provide to Lender such information as Lender may request.

Account Authorization. Borrower will require the financial or other institutions with which it maintains or has maintained depository and operating accounts to promptly provide such information concerning the Borrower, its financial condition and any transactions as Lender may from time to time request. Borrower hereby authorizes such institutions to directly provide to Lender such information as Lender may request.