Common use of Authority to Debit and Credit Clause in Contracts

Authority to Debit and Credit. The Borrower does hereby expressly and irrevocably authorize the Administrative Agent to effect all any necessary debits, deposits, credits and transfers in, from or to the Borrower’s Account, in order to accommodate the Lenders in making Advances and in order to accommodate the Borrower in making payments of the principal, interest and fees required to be made to the Finance Parties and the Administrative Agent under Articles 3 to 8 inclusively, the whole under and subject to the provisions of this Agreement.

Authority to Debit and Credit. The Each Borrower does hereby expressly and irrevocably authorize the Administrative Agent and each Swingline Lender to effect all any necessary debits, deposits, credits and transfers in, from or to the any Borrower’s Account or Borrower’s Operating Account, as the case may be, in order to accommodate the Lenders in making Advances and in order to accommodate the Borrower Borrowers in making payments of the principal, interest and fees required to be made to the Finance Parties and the Administrative Agent under Articles 3 to 8 inclusivelyAgent, the whole under and subject to the provisions of this Agreement.

Authority to Debit and Credit. The Each Borrower does hereby expressly and irrevocably authorize the Administrative Agent and each Swingline Lender to effect all any necessary debits, deposits, credits and transfers in, from or to the any Borrower’s Account or Borrower’s Operating Account, as the case may be, in order to accommodate the Lenders in making Advances and in order to accommodate the Borrower Borrowers in making payments of the principal, interest and fees required to be made to the Finance Parties and the Administrative Agent under Articles 3 to 8 inclusivelyAgent, the whole under and subject to the provisions of this Agreement.

Authority to Debit and Credit. The Borrower does hereby expressly and irrevocably authorize the Administrative Agent to effect all any necessary debits, deposits, credits and transfers in, from or (with respect to the Borrower’s Account, ) in order to accommodate the Lenders in making Advances and in order to accommodate the Borrower in making payments of the principal, interest and fees required to be made to the Finance Parties Lenders and the Administrative Agent under Articles 3 to 8 inclusivelyAgent, the whole under and subject to the provisions of this Agreement.. 22.8 Failure by Any Lender to Advance 104822.00280/115572577.6305585250.30