Authority to Debit. In respect of all amounts payable by any Obligor under this Agreement or the other Loan Documents, each Obligor hereby irrevocably authorizes and instructs the Administrative Agent or any Lender to withdraw from or debit, from time to time when such amounts are due and payable, any account of such Obligor maintained with the Administrative Agent or such Lender or any of their respective Affiliates for the purpose of satisfying payment thereof. If any such amounts are payable in a currency other than that in which an account is maintained, such Obligor hereby irrevocably authorizes the Administrative Agent or any Lender to withdraw from or debit such account with the Equivalent Amount in such currency of the account, together with any premium or cost of exchange payable in connection therewith.
Authority to Debit. (a) Subject to clause 8.2(c), the Customer authorises Nutrien to debit any amount payable by the Customer under the Agreement to the Trading Account, so that it forms part of the Account Balance. These amounts may include interest, fees, other charges and costs, or any other amount comprised in the Outstanding Amount. Nutrien may apply these amounts to the Account Balance as at the date Nutrien debits it or the date it is due.
(b) The Customer and each Guarantor acknowledge and agree that any amount added to the Account Balance or a Facility Balance or provided by way of credit under a Facility:
(i) is guaranteed as Guaranteed Obligations under clause 10 of the Agreement; and
(ii) is secured under each Security.
(c) Nutrien may, in its absolute discretion determine not to debit any particular amount payable by the Customer under the Agreement to the Trading Account. In such circumstances the Customer must pay the amount when it is due under clause 7.1 or otherwise under the Agreement. If Nutrien makes such a determination it will notify the Customer of any amounts it has decided not to debit to the Trading Account.
Authority to Debit. 53 4.7 Reduction of the Commitments........................... 53 4.8 Increase of Revolving Loan Commitment.................. 54
Authority to Debit. In respect of all amounts payable by the Borrower under this Agreement, the Borrower hereby irrevocably authorizes and instructs the Administrative Agent to withdraw from or debit, from time to time when such amounts are due and payable, any account of the Borrower listed in Schedule 4.6 annexed hereto (as such Schedule 4.6 may be amended from time to time as agreed between the Borrower and the Administrative Agent) for the purpose of satisfying payment thereof.
Authority to Debit. In respect of all amounts payable by any Obligor under this Agreement or the other Loan Documents, each Obligor hereby irrevocably authorizes and instructs the Agent or any Lender to withdraw from or debit, from time to time when such amounts become due and payable, any account of such Obligor maintained with BNS or any other Lender or any of their respective Affiliates for the purpose of satisfying payment thereof.
Authority to Debit. The Borrower authorises the Lender to:
Authority to Debit. The Borrower authorises the Lender to:
(a) withdraw money from any bank account held in the name of the Borrower with the Bank; and
(b) use that money to pay all or part of any payment due from the Borrower and unpaid under the Finance Documents. The Lender may do this at any time without telling the Borrower in advance.
Authority to Debit. The Bank is authorised to debit any account of the Mortgagor with any amount of Secured Indebtedness due from time to time, The Bank may exercise this right even if the account concerned is already in debit, and even if the amount debited takes the debit balance of the account over any approved limit.
Authority to Debit. 56 6.5 Daily Compounded XXXXX Loans, Term XXXXX Loans and SOFR Loans – Renewals and Deemed Conversions ............................................................................................. 56 6.6
Authority to Debit. PAD Account
