Collection of Payments. (a) Payments will be made by debit to a deposit account, if direct debit is provided for in this Agreement or is otherwise authorized by the Borrower. For payments not made by direct debit, payments will be made by mail to the address shown on the Borrower's statement, or by such other method as may be permitted by the Bank.
Appears in 7 contracts
Samples: Loan Agreement (Solitron Devices Inc), Loan Agreement (Mechanical Technology Inc), Loan Agreement (Lifeloc Technologies, Inc)
Collection of Payments. (a) Payments will be made by debit to a deposit account, if direct debit is provided for in this Agreement or is otherwise authorized by the Borrower. For payments not made by direct debit, payments will be made by mail to the address shown on the Borrower's ’s statement, or by such other method as may be permitted by the Bank.
Appears in 6 contracts
Samples: Loan Agreement (Energy Resources 12, L.P.), Loan Agreement (Lapolla Industries Inc), Loan Agreement (Energy Resources 12, L.P.)
Collection of Payments. (a) Payments will be made by debit to a deposit account, if direct debit is provided for in this Agreement or is otherwise authorized by the BorrowerBorrowers. For payments not made by direct debit, payments will be made by mail to the address shown on the Borrower's Borrowers’ statement, or by such other method as may be permitted by the Bank.
Appears in 2 contracts
Samples: Loan Agreement (Hooker Furniture Corp), Loan Agreement (Hooker Furniture Corp)
Collection of Payments. (a) Payments will be made by debit to a deposit account, if direct debit is provided for in this Agreement or is otherwise authorized by the Borrower. For payments not made by direct debit, payments will be made by mail to the address shown on the Borrower's ’s statement, or by such other method as may be permitted by the BankLender.
Appears in 2 contracts
Samples: Loan Agreement (Stryve Foods, Inc.), Loan Agreement (Stryve Foods, Inc.)
Collection of Payments. (a) Payments will be made by debit to a deposit account, if direct debit is provided for in this Agreement Agreement, or is as otherwise authorized by the Borrower. For payments not made by direct debit, payments will be made by mail to the address shown on the Borrower's ’s statement, or by such other method as may be permitted by the Bank.
Appears in 1 contract
Samples: Loan Agreement (Daktronics Inc /Sd/)