Automatic Debit. The Bank may without further authority debit when due all payments of principal and interest, or any other Obligations due and payable by the Company under the terms of this Agreement or any other Loan Document, to any deposit account maintained with the Bank by the Company.
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Samples: Credit Agreement (Escalade Inc), Credit Agreement (Escalade Inc)
Automatic Debit. The Bank may may, upon notice to Borrowers (so long as no Event of Default is continuing) but without further authority (i) debit when due all payments of principal and interest, interest or any other Obligations due and payable by the Company Borrowers under the terms of this Agreement or any other Loan Document, Document to any deposit account maintained with the Bank by a Borrower and (ii) make Revolving Loan Advances to make payments of principal and interest or any other Obligations due and payable by Borrowers under the Companyterms of this Agreement or any other Loan Documents.
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Samples: Credit Agreement (Janel Corp)
Automatic Debit. The Bank may without further authority debit when due all payments of principal and interest, interest or any other Obligations due and payable by the Company under the terms of this Agreement or any other Loan Document, Document to any deposit account maintained with the Bank by the Company.
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Automatic Debit. The Bank may without further authority debit when due --------------- all payments of principal and interest, or any other Obligations interest due and payable by the Company under the terms of this Agreement or any other Loan Document, to any deposit account maintained of the Company carried with the Bank by the Companywithout further authority.
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