Common use of Borrower’s Accounts Clause in Contracts

Borrower’s Accounts. The Borrowers hereby authorize the Administrative Agent to charge the Borrowers’ accounts with the Administrative Agent in order to cause timely payment to be made to the Administrative Agent of all principal, interest, fees and expenses due hereunder (subject to sufficient funds being available in its accounts for that purpose).

Appears in 8 contracts

Samples: Second Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), Second Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

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Borrower’s Accounts. The Borrowers Borrower hereby authorize authorizes the Administrative Agent to charge the Borrowers’ Borrower’s accounts with the Administrative Agent in order to cause timely payment to be made to the Administrative Agent of all principal, interest, fees and expenses due hereunder (subject to sufficient funds being available in its accounts for that purpose).

Appears in 2 contracts

Samples: Second Lien Credit and Guaranty Agreement (Airbnb, Inc.), Second Lien Credit and Guaranty Agreement (Airbnb, Inc.)

Borrower’s Accounts. The Borrowers BorrowersBorrower hereby authorize authorizeauthorizes the Administrative Agent to charge the Borrowers’ Borrowers’Borrower’s accounts with the Administrative Agent in order to cause timely payment to be made to the Administrative Agent of all principal, interest, fees and expenses due hereunder (subject to sufficient funds being available in its accounts for that purpose).

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

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Borrower’s Accounts. The Borrowers Each Borrower hereby authorize authorizes the Administrative Agent to charge the Borrowers’ each Borrower’s accounts with the Administrative Agent in order to cause timely payment to be made to the Administrative Agent of all principal, interest, interest and fees and expenses pursuant to Section 2.11 due hereunder (subject to sufficient funds being available in its accounts for that purpose).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (NRC Group Holdings Corp.)

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