Common use of Collection of Payments Clause in Contracts

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 00-000-000 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 6 contracts

Samples: Credit Agreement (Tier Technologies Inc), Credit Agreement (Synbiotics Corp), Credit Agreement and Promissory Note (LXN Corp)

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Collection of Payments. Borrower authorizes Bank to collect all interestprincipal, fees, costs, and/or expenses interest and fees due under this Agreement each Credit by charging BorrowerXxxxxxxx's demand deposit account number 004159-000-000 583848 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Barrett Business Services Inc), Credit Agreement (Barrett Business Services Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses interest and fees due under this Agreement hereunder by charging BorrowerXxxxxxxx's demand deposit account number 004124-000-000 053885 with Bank, or any other demand deposit account maintained by any Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 2 contracts

Samples: Revolving Line of Credit Note (Fiberstars Inc /Ca/), Term Commitment Note (Fiberstars Inc /Ca/)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 00-000-000 00000000 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Clearcommerce Corp), Credit Agreement (Entrade Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 0008-000200-000 with xxxh Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Motorvac Technologies Inc), Credit Agreement (Dense Pac Microsystems Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 0038-000-000 with xxxh Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Mp3 Com Inc), Credit Agreement (Websidestory Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 00-000-000 * with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Varsitybooks Com Inc), Credit Agreement (Varsitybooks Com Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, costs and/or expenses due under this Agreement by charging Borrower's demand deposit account number 0038-000-000 with xxxh Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Signature Authorization (Websidestory Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses ---------------------- principal and interest due under this Agreement each Credit by charging Borrower's demand deposit account number 004038-000-000 141768 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Credit Agreement (International Network Services)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses interest and fees due under this Agreement each credit subject hereto by charging Borrower's demand deposit account number 004648-000-000 052785 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Credit Agreement (Virco MFG Corporation)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, costs and/or expenses due under this Agreement by charging Borrower's demand deposit account number 00-000-000 00000000 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Credit Agreement (Easyriders Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 0010-000-000 087228 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Credit Agreement (Dental Medical Diagnostic Systems Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses interest and fees due under this Agreement hereunder by charging BorrowerXxxxxxxx's demand deposit account number 004496-000-000 813031 with Bank, or any other demand deposit account maintained by any Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Term Commitment Note (Fiberstars Inc /Ca/)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses ---------------------- interest and fees due under this Agreement the Line of Credit by charging Borrower's demand deposit account number 00-000-000 0648281004 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Hughes B Wayne Et Al)

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Collection of Payments. Borrower authorizes Bank to collect all interestprincipal, fees, costs, and/or expenses interest and fees due under this Agreement each Credit by charging Borrower's demand deposit account number 00xxxxxx 4159-000-000 583848 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Letter Amendment (Barrett Business Services Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses interest and fees due under this Agreement hereunder by charging BorrowerXxxxxxxx's demand deposit account number 004124-000-000 053885 with Bank, or any other demand deposit account maintained by any Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency `shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Term Commitment Note (Fiberstars Inc /Ca/)

Collection of Payments. Borrower authorizes Bank to collect all interest---------------------- principal, fees, costs, and/or expenses interest and fees due under this Agreement each Credit by charging Borrower's demand deposit account number 004 159-000-000 251172 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Credit Agreement (Staar Surgical Company)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 0007-000100-000 with xxxh Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Credit Agreement (Tekelec)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses due under this Agreement by charging Borrower's demand deposit account number 00-000-000 97005214 with Bank, or any other demand deposit xxxxxx xeposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Credit Agreement (Main Street & Main Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses ---------------------- interest due under this Agreement hereunder by charging Borrower's demand deposit account number 004159-000-000 318914 with Bank, or any other demand deposit account maintained by any Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Revolving Line of Credit Note (Grip Technologies Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses interest and fees due under this Agreement hereunder by charging BorrowerXxxxxxxx's demand deposit account number 004187-000-000 516166 with Bank, or any other demand deposit account maintained by any Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Revolving Line of Credit Note (Cholestech Corporation)

Collection of Payments. Borrower authorizes Bank to collect all interestprincipal, fees, costs, and/or expenses interest and fees due under as of the date of this Agreement or otherwise under the Line of Credit by charging Borrower's demand deposit account number 004159-000-000 539352 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Gametech International Inc)

Collection of Payments. Borrower authorizes Bank to collect all interest, fees, costs, and/or expenses interest and fees due under this Agreement the Line of Credit (the "Credit") by charging Borrower's demand deposit account number 00-000-000 4600183859 with Bank, or any other demand deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such demand deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower."

Appears in 1 contract

Samples: Credit Agreement (Central Financial Acceptance Corp)

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