Account Debit Authorization. The Borrower authorizes and directs Royal to automatically debit, by mechanical, electronic or manual means, the bank accounts of the Borrower maintained with Royal for all amounts payable under the Agreement, including but not limited to the repayment of principal and the payment of interest, fees and all charges for the keeping of such bank accounts.
Appears in 4 contracts
Samples: Credit Agreement (Louisiana Pacific Corp), Canada Credit Agreement (Louisiana Pacific Corp), Credit Agreement (Louisiana-Pacific Corp)