AUTHORIZATION TO DEBIT ACCOUNT Sample Clauses

AUTHORIZATION TO DEBIT ACCOUNT. Client hereby authorizes LPL to debit the Account Fee and any additional fees or charges payable pursuant to Section 7 directly from the Account. It is agreed by Client and LPL that fees will be payable, first, from free credit balances, if any, in the Account, and second, from the liquidation or withdrawal (which Client hereby authorizes) by LPL of Client’s shares of any money market fund balances in any money market account, or balances in any ICA or DCA, if applicable. LPL reserves the right to liquidate at any time a portion of the other assets in the Account to cover the Account Fee or other charges. Certain Accounts may establish procedures to pay the Account Fee directly rather than through a debit to the Account. Any different method of billing the Account Fee may result in the imposition of additional charges to cover the administrative costs of billing.
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AUTHORIZATION TO DEBIT ACCOUNT. Client hereby authorizes LPL to debit all Account Fees payable pursuant to Section 7 directly from the Account. It is agreed by Client and LPL that the Account Fee will be payable, first, from free credit balances, if any, in the Account, and second, from the liquidation or withdrawal (which Client hereby authorizes) by LPL of Client’s balances in money market funds or the ICA or DCA, as the case may be. LPL reserves the right to liquidate at any time a portion of the other assets in the Account to cover the Account Fee or other charges.
AUTHORIZATION TO DEBIT ACCOUNT. Client hereby authorizes LPL to debit all Account Fees payable pursuant to Section 18 directly from the Account and, with respect to an Account of an individual retirement account (“XXX”), the Account Fees related to another XXX or individual retirement annuity of the same beneficial owner. It is agreed by Client and LPL that the Account Fee will be payable, first, from free credit balances, if any, in the Account, second, from the liquidation or withdrawal (which the Client hereby authorizes) by LPL of the Client’s shares of any money market fund or balances in the ICA, as applicable. LPL reserves the right to liquidate at any time a portion of the other assets in the Account to cover the Account Fee or other charges. The Account Fee will not be withdrawn or deducted by LPL from any Variable Annuity that is part of the Account. The Account may establish procedures to pay the Account Fee directly rather than through a debit to the Account. Any different method of billing Account Fees may result in the imposition of additional charges to cover the administrative costs of billing.
AUTHORIZATION TO DEBIT ACCOUNT. The Client hereby authorizes the Custodian to deduct all Management Fees from the Client’s Account quarterly. The Client agrees to indemnify and hold the Firm and custodian, and their respective directors, officers, employees, representatives, agents and control persons harmless from all liabilities and costs, including attorney’s fees, which they may incur by acting in reliance upon this authorization. This authorization will remain in full force and effect until revoked by the Client in writing, delivered personally or sent by registered or certified mail to the Firm. The Client further understands that revocation of this authorization could result in the termination of the Account. It is the responsibility of the Client to verify the accuracy of the fee calculation.
AUTHORIZATION TO DEBIT ACCOUNT. Client hereby authorizes LPL to debit the Account Fee and any additional fees or charges payable pursuant to Section 18 directly from the Account. It is agreed by Client and LPL that fees will be payable, first, from free credit balances, if any, in the Account, and second, from the liquidation or withdrawal (which Client hereby authorizes) by LPL of Client’s shares of any money market fund balances in the insured cash account (“ICA”) or deposit cash account (‘DCA”), if applicable. Certain Accounts may establish procedures to pay the Account Fee directly rather than through a debit to the Account. Any different method of billing the Account Fee may result in the imposition of additional charges to cover the administrative costs of billing.
AUTHORIZATION TO DEBIT ACCOUNT. Fees may be deducted from the Account quarterly within fifteen days of the end of the quarter for which said fees were incurred. Client hereby authorizes Custodian to pay to Chelsea the Advisory Fee and any reimbursement amount due to Chelsea, directly from the Account, upon receipt of an advice from Chelsea with respect to such amounts, unless specified otherwise. All such fees will be clearly noted on Client’s statements. It is agreed by Client and Chelsea that the Advisory Fees will be payable from the redemption or withdrawal (which Client hereby authorizes) of Client's shares of any money market account or balances in any money market fund within the Account. In the event that Client's balances in money market accounts are insufficient to pay Advisory Fees, Client hereby authorizes Chelsea to liquidate Assets in the Account. Client may further authorize Advisory Fees to be debited from a separate account owned by Client by completing and attaching an Alternative Fee Payment Instructions Form. All other Account expenses, including transaction fees, constitute additional expenses accruing to Client and, in most cases, are collected directly from the Account.
AUTHORIZATION TO DEBIT ACCOUNT. Client hereby authorizes LPL to debit all Account Fees payable pursuant to Section 17 directly from the Account. It is agreed by Client and LPL that the Account Fee will be payable, first, from free credit balances, if any, in the Account, and second, from the liquidation or withdrawal (which Client hereby authorizes) by LPL of Client’s shares of any money market fund or ICA or DCA, as applicable. LPL reserves the right to liquidate at any time a portion of the other assets in the Account to cover the Account Fee or other charges. Certain accounts may establish procedures to pay the Account Fee directly rather than through a debit to the Account. Any different method of billing Account Fees may result in the imposition of additional charges to cover the administrative costs of billing.
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AUTHORIZATION TO DEBIT ACCOUNT. The Borrower hereby agrees that the Administrative Agent has the right to debit from any Deposit Account of the Borrower held by the Administrative Agent, amounts owing and then due to the Administrative Agent and the Lenders by the Borrower under this Agreement and the Loan Documents for payment of fees, expenses and other amounts incurred or owing, and in each case, then due, in connection therewith.
AUTHORIZATION TO DEBIT ACCOUNT. Client hereby authorizes LPL to debit all fees and charges payable pursuant to Section 4 and any other fees or charges associated with Client’s Account herein directly from the Account. It is agreed by Client, SMA Portfolio Manager (exclusively in the case of the SMA Platform), and LPL that the Account Fee will be payable, first, from free credit balances, if any, in the Account; second, from the liquidation or withdrawal (which Client hereby authorizes) by LPL of Client’s shares of any money market fund or balances in any money market account; third, from funds in the insured cash account (“ICA”) or deposit cash account (“DCA”), if applicable, and fourth, from the liquidation (which Client hereby authorizes) by LPL of any other securities or assets in Account. Client acknowledges that the liquidation of securities or assets as described in this Section may result in additional transactions and/or other fees or charges and may have tax consequences. Accounts may establish procedures to pay the Account Fee directly rather than through a debit to the Account. Any different method of billing Account Fees may result in the imposition of additional charges to cover the administrative costs of billing.
AUTHORIZATION TO DEBIT ACCOUNT. Each Credit Party hereby agrees that Agent has the right to debit from any Deposit Account of one or more Credit Parties, amounts owing to Agent by any Borrower under this Agreement and the Loan Documents for payment of fees and expenses incurred in connection therewith.
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