Authorization to Debit Accounts Sample Clauses

Authorization to Debit Accounts. Borrower authorizes each Authorized Party, upon prior notice to Borrower, to debit any of Borrower’s bank accounts with such party for the purpose of Borrower’s payment of principal, interest or other costs and expenses due and payable by Borrower to Lenders under this Agreement.
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Authorization to Debit Accounts. 9. The Lender shall be entitled (but not required) to debit any operating or deposit account of the Obligors to collect all fees, costs, and expenses (including but not limited to attorneys’ fees and expenses) to which the Lender may be entitled pursuant to this Agreement or any of the other Loan Documents.
Authorization to Debit Accounts. Borrower authorizes Agent, upon prior notice to Borrower, to debit any of Borrower’s bank accounts with Agent for the purpose of Borrower’s payment of interest, fees or, to the extent reimbursable under this Agreement or any other Loan Document, costs and expenses due and payable by Borrower to Agent or the Lenders under this Agreement.
Authorization to Debit Accounts. Borrower hereby agrees that Administrative Agent has the right to debit from any deposit account (including the Cash Collateral Account) of Borrower, amounts owing to Administrative Agent by Borrower under this Agreement and the Loan Documents for payment of fees and expenses incurred in connection therewith.
Authorization to Debit Accounts. Any Lender for whose account any such payment by the Borrower is to be made may (but shall not be obligated to) debit the amount of any such payment that is not made by the time referred to in paragraph (a) above to any ordinary deposit account of the Borrower with such Lender (with prompt notice to the Borrower and the Administrative Agent).
Authorization to Debit Accounts. If any payment called for by the Loan Documents, this Agreement (or any agreement referred to or incorporated herein), or any other present or future agreements between Lenders or either of them or any of their affiliates on the one hand, or any one or more of the Parties on the other hand, is not paid when and as called for in the terms of such agreement, then Lenders or any of their affiliates may debit any one or more of the Parties' accounts at Lenders or any of their affiliates for such amount. The fact that Lenders or any of their affiliates has debited any such account will in no way waive or diminish any default for failure to make such payment when and as due.
Authorization to Debit Accounts. If any payment called for by the Loan Documents, this Agreement (or any agreement referred to or incorporated herein), or any other present or future agreements between Standard Federal or any of its affiliates on the one hand, or any one or more of the Obligated Parties on the other hand, is not paid when and as called for in the terms of such agreement, then Standard Federal or any of its affiliates may debit any one or more of the Obligated Parties' accounts at Standard Federal or any of its affiliates for such amount. The fact that Standard Federal or any of its affiliates has debited any such account will in no way waive or diminish any default for failure to make such payment when and as due.
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Authorization to Debit Accounts. The Customer hereby expressly authorizes the Bank to debit all of its Accounts for the purpose of making payment on its behalf in the settlement of any FX Transaction or otherwise obtaining any amounts owed to the Bank hereunder.
Authorization to Debit Accounts. Borrower immediately ------------------------------- authorizes Bank to debit any of Borrower's loan accounts or bank accounts with Bank for the purpose of Borrower's payment of principal, interest, or other costs and expenses payable by Borrower to Bank under this Agreement.
Authorization to Debit Accounts. 15 2.7 Termination of Prior Line of Credit . . . . . . . . 16
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