Common use of Authorization to Charge Accounts Clause in Contracts

Authorization to Charge Accounts. The Borrower hereby authorizes the Lender, if and to the extent that any payment due the Lender hereunder is not otherwise made when due, to charge any amount so due against any or all of the accounts of the Borrower with Lender or any of its Affiliates (as if the Lender and its Affiliates were one and the same entity), with the Borrower remaining liable for any deficiency.

Appears in 4 contracts

Samples: Credit Agreement (MUFG Americas Holdings Corp), Credit Agreement (MUFG Americas Holdings Corp), Credit Agreement (MUFG Americas Holdings Corp)

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Authorization to Charge Accounts. The Borrower hereby -------------------------------- authorizes the LenderBank, if and to the extent that any payment due amount payable by the Lender hereunder Borrower under the Borrower Loan Documents #90068563. is not otherwise made paid when due, to charge any such amount so due against any or all of the accounts of the Borrower or any Wholly-Owned Subsidiary with Lender the Bank or any of its Affiliates (as if whether maintained at a branch or office located within or without the Lender and its Affiliates were one and the same entityUnited States), with the Borrower remaining liable for any deficiency.

Appears in 2 contracts

Samples: Credit Agreement (Tsi International Software LTD), Credit Agreement (Tsi International Software LTD)

Authorization to Charge Accounts. The Borrower hereby authorizes the LenderBank, if and to the extent that any payment due amount payable by the Lender hereunder Borrower under the Borrower Loan Documents is not otherwise made paid when due, to charge any such amount so due against any or all of the accounts of the Borrower with Lender the Bank or any of its Affiliates (as if whether maintained at a branch or office located within or without the Lender and its Affiliates were one and the same entityUnited States), with the Borrower remaining liable for any deficiency.

Appears in 2 contracts

Samples: Credit Agreement (Cymer Inc), Credit Agreement (Ocular Sciences Inc /De/)

Authorization to Charge Accounts. The Borrower hereby authorizes the LenderBank, if and to the extent that any payment due the Lender Bank hereunder is not otherwise made when due, to charge any amount so due against any or all of the accounts of the Borrower with Lender Bank or any of its Affiliates (as if the Lender Bank and its Affiliates were one and the same entity), with the Borrower remaining liable for any deficiency.

Appears in 2 contracts

Samples: Credit Agreement (Otsuka Holdings Co., Ltd.), Credit Agreement (Talbots Inc)

Authorization to Charge Accounts. The Borrower hereby authorizes the LenderBank, if and to the extent that any payment due the Lender Bank hereunder is not otherwise made when due, to charge any amount so due against any or all of the accounts of the Borrower with Lender the Bank or any of its Affiliates (as if the Lender Bank and its Affiliates were one and the same entity), with the Borrower remaining liable for any deficiency.

Appears in 1 contract

Samples: Credit Agreement (Talbots Inc)

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Authorization to Charge Accounts. The Each Borrower hereby authorizes the LenderBank, if and to the extent that any payment due the Lender hereunder amount payable by any Borrower under this Agreement is not otherwise made paid when due, to charge any such amount so due against any or all of the accounts any Borrower maintains with any branch or office of the Borrower with Lender Bank or any of its Affiliates (as if the Lender Bank and its Affiliates were one and the same entity), with the Borrower Borrowers remaining liable for any deficiency.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

Authorization to Charge Accounts. The Borrower hereby authorizes the Lender, if and to the extent that any payment due the Lender hereunder is not otherwise made when due, to charge any amount so due against any or all of the accounts of the Borrower with Lender or any of its Affiliates (as if the Lender and its Affiliates were one and the same entity), with the Borrower remaining liable for any deficiency. Section 8.

Appears in 1 contract

Samples: Credit Agreement

Authorization to Charge Accounts. The Borrower hereby authorizes the LenderBank, if and to the extent that any payment due to the Lender Bank hereunder is not otherwise made when due, to charge any amount so due against any or all of the accounts of the Borrower with Lender the Bank or any of its Affiliates (as if the Lender Bank and its Affiliates were one and the same entity), with the Borrower remaining liable for any deficiency.

Appears in 1 contract

Samples: Subordinated Term Loan Agreement (Unionbancal Corp)

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