Common use of Authorization to Charge Accounts Clause in Contracts

Authorization to Charge Accounts. Each Guarantor hereby authorizes each Guarantied Party, if and to the extent any amount payable by such Guarantor under this Guaranty is not otherwise paid when due, to charge such amount against any or all of the accounts of such Guarantor with such Guarantied Party or any Affiliate of such Guarantied Party, with such Guarantor remaining liable for any deficiency.

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Insituform Technologies Inc), Master Guaranty (Insituform Technologies Inc), Master Guaranty (Insituform Technologies Inc)

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Authorization to Charge Accounts. Each Guarantor hereby authorizes each Guarantied Party, if and to the extent any amount payable by such Guarantor under this Guaranty is not otherwise paid when due, to charge such amount against any or all of the accounts of such Guarantor with such Guarantied Party or any Affiliate of such Guarantied Party, with such Guarantor remaining liable for any deficiency.. Form of Master Guaranty

Appears in 1 contract

Samples: Credit Agreement (Insituform Technologies Inc)

Authorization to Charge Accounts. Each The Guarantor hereby authorizes each Guarantied Guaranteed Party, if and to the extent any amount payable by such the Guarantor under this Guaranty Agreement (whether payable to such Guaranteed Party or to any other Guaranteed Party) is not otherwise paid when due, to charge such amount against any or all of the accounts of such the Guarantor with such Guarantied Guaranteed Party (whether maintained at a branch or any Affiliate of such Guarantied Partyoffice located within or outside the United States or Canada), with such the Guarantor remaining liable for any deficiency.

Appears in 1 contract

Samples: Revolving Credit Agreement (Quebecor Printing Inc)

Authorization to Charge Accounts. Each The Guarantor hereby authorizes each Guarantied the Guaranteed Party, if and to the extent any amount payable by such the Guarantor under this Guaranty hereunder is not otherwise paid when due, to charge such amount against any or all of the accounts of such the Guarantor with such Guarantied the Guaranteed Party or any Affiliate of such Guarantied Partyits Affiliates (whether maintained at a branch or office located within or without the United States), with such the Guarantor remaining liable for any deficiency.

Appears in 1 contract

Samples: Guaranty Agreement (Synbiotics Corp)

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Authorization to Charge Accounts. Each Guarantor hereby authorizes each Guarantied Guaranteed Party, if and to the extent any amount payable by such Guarantor under this Guaranty Agreement (whether payable to such Guaranteed Party or to any other Guaranteed Party) is not otherwise paid when due, to charge such amount amount, to the fullest extent permitted by Applicable Law, against any or all of the accounts of such Guarantor with such Guarantied Guaranteed Party or any Affiliate of such Guarantied Partyits Affiliates (whether maintained at a branch or office located within or without the United States), with such Guarantor remaining liable for any deficiency.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Orthovita Inc)

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