Common use of Authorized Debit Clause in Contracts

Authorized Debit. Each of the Borrowers authorizes the Administration Agent and each Lender to debit such Borrower’s accounts with the amounts required to pay principal, interest, stamping fees, Commitment Fees and other amounts required to be paid by the Borrowers under this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/)

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Authorized Debit. Each of the Borrowers authorizes the Administration Agent and each Lender to debit such Borrower’s 's accounts with the amounts required to pay principal, interest, stamping fees, Commitment Fees and other amounts required to be paid by the Borrowers under this Agreement.

Appears in 1 contract

Samples: Postponement Agreement (Pope & Talbot Inc /De/)

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Authorized Debit. Each of the Borrowers Borrower authorizes the Administration Agent and each Lender to debit such Borrower’s accounts with the amounts required to pay principal, interest, stamping feesStamping Fees, Commitment Standby Fees, Letter of Credit Fees and other amounts required to be paid by the Borrowers such Borrower under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (West Fraser Timber Co., LTD)

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