ACH Authorization. In order to satisfy any of the Obligations, Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system in an Event of Default.
Appears in 3 contracts
Samples: Factoring and Security Agreement, Factoring and Security Agreement (Wave Systems Corp), Factoring and Security Agreement (Sunvalley Solar, Inc.)
ACH Authorization. In order to satisfy any of the ObligationsObligations and facilitate the purchase of Accounts, Purchaser is hereby authorized by Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system in an Event of DefaultACH. This authorization is irrevocable.
Appears in 2 contracts
Samples: Account Sale and Purchase Agreement (Boxlight Corp), Account Sale and Purchase Agreement (Boxlight Corp)
ACH Authorization. 11.1. In order to satisfy any of the Obligations, Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system in an Event of Defaultto any deposit account maintained by Seller.
Appears in 2 contracts
Samples: Factoring and Security Agreement (Biozone Pharmaceuticals, Inc.), Factoring and Security Agreement (ePhoto Image, Inc.)
ACH Authorization. 11.1. In order to satisfy any of the Obligations, each Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system in an Event of Defaultto any deposit account maintained by any Seller.
Appears in 1 contract
ACH Authorization. 11.1 In order to satisfy any of the Obligations, Seller authorizes Purchaser to initiate electronic debit or credit entries through the ACH system in an Event of Defaultto any deposit account maintained by Seller.
Appears in 1 contract
Samples: Factoring and Security Agreement (Eastside Distilling, Inc.)
ACH Authorization. In order to satisfy any of the Obligations, Seller authorizes Purchaser Agent to initiate electronic debit or credit entries through the ACH system in an Event of Defaultto any deposit account maintained by Seller.
Appears in 1 contract
Samples: Factoring and Security Agreement (Zoo Entertainment, Inc)
