Credit Authorization. Customer hereby authorizes EH!tel and gives consent to EH!tel under applicable privacy laws for EH!tel to obtain credit information and bank and other financial references regarding the Customer for the purposes of assessing the Customer’s credit worthiness, and the Customer will promptly execute and deliver to EH!tel such further documents and assurances and take such further actions as EH!tel may from time to time reasonably request in order to carry out the intent and purpose of this section.
Credit Authorization. Customer hereby authorizes Peer 1 and gives consent to Peer 1 under applicable privacy laws for Peer 1 to obtain credit information and bank and other financial references regarding Customer for the purposes of assessing Customer's credit worthiness, and Customer will promptly execute and deliver to Peer 1 such further documents and assurances and take such further actions as Peer 1 may from time to time reasonably request in order to carry out the intent and purpose of this Section.
Credit Authorization. Customer hereby authorizes ** and gives consent to ** under applicable privacy laws for ** to obtain credit information and bank and other financial references regarding Customer for the purposes of assessing Customer's credit worthiness, and Customer will promptly execute and deliver to ** such further documents and assurances and take such further actions as ** may from time to time reasonably request in order to carry out the intent and purpose of this Section.
Credit Authorization. 5.1 CUSTOMER hereby authorizes NRBN and gives consent to NRBN under applicable privacy laws for them or their designates to obtain credit information and bank and other financial references regarding CUSTOMER for the purposes of assessing CUSTOMER’s credit worthiness, and CUSTOMER will promptly execute and deliver to NRBN such further documents and assurances and take such further actions as NRBN may from time to time reasonably request in order to carry out the intent and purpose of this Section.
Credit Authorization. Customer hereby authorizes EO and consents to EO obtaining credit information from banks, other financial institutions and other third-party references regarding Customer for the purposes of assessing Customer's credit worthiness. Customer will promptly execute and deliver to EO such documents and releases and take such further actions as EO may from time-to-time reasonably request in order to carry out the intent and purpose of this Section.
Credit Authorization. I/We authorize the lender or its successors to order a credit report and verify other credit information including, but not limited to present or past mortgage references, federal and state records or other sources as required. We reserve the right to impose limits on the amount(s) and/or number of deposits that you transmit using the Service and to modify such limits from time to time. If you attempt to initiate a deposit in excess of these limits, we may reject your deposit. You will be notified that the deposit was rejected. If we permit you to make a deposit in excess of these limits, such deposit will still be subject to the terms of this Agreement, and we will not be obligated to allow such a deposit at other times. We are not responsible for any losses incurred as a result of rejecting deposits that you have made through the Service which exceed your deposit limits. You agree to the following deposit limits by using this service. Deposit limits are subject to change from time to time. • Daily Count = 4 • Daily Amount = $5,000.00 • Monthly Count = 12 • Monthly Limit = $15,000.00
Credit Authorization. Customer hereby authorizes Chicago VPS and gives consent to Chicago VPS under applicable privacy laws for Chicago VPS to obtain credit information and bank and other financial references regarding Customer for the purposes of assessing Customer’s credit worthiness, and Customer shall promptly execute and deliver to Chicago VPS such further documents and assurances and take such further actions as Chicago VPS may from time to time reasonably request in order to carry out the intent and purpose of this Section.
Credit Authorization. Customer hereby authorizes Opti9 to obtain credit information and bank and other financial references regarding the Customer for the purposes of assessing the Customer's credit worthiness. Customer will promptly execute and deliver to Opti9 such further documents and assurances and take such further actions as Opti9 may from time-to-time reasonably request in order to carry out the intent and purpose of this Section.
Credit Authorization. All Borrowers and Guarantors will be required to digitally sign an electronic authorization for Lending Club to obtain a current (within the acceptable time period as determined by the CPC and approved by WebBank) copy of their respective credit reports both for the processing of the loan request as well as for monitoring or collection efforts associated with the loan.
Credit Authorization. The Bank has approved an uncommitted Credit Authorization to the Borrower in the principal sum not to exceed $21,000,000.00 in the aggregate at any one time outstanding (the "Credit Authorization"), subject to the terms and conditions of this agreement and the Bank's continuing satisfaction with the Borrower's financial status. The Credit Authorization shall include the issuance of commercial and standby letters of credit not exceeding $3,000,000 in the aggregate at any one time outstanding (the "Letters of Credit"). Each commercial letter of Credit shall expire not later than six (6) months from its date of issue. Each standby Letter of Credit shall expire not later than one (1) year from its date of issue. Each Letter of Credit shall be in form acceptable to the Bank. Standby Letters of Credit shall bear a fee of 1% per year of the face amount of each standby Letter of Credit. Commercial Letters of Credit shall bear a fee in accordance with the Bank's standard pricing schedule for commercial letters of credit on the date any commercial Letter of Credit is issued. Credit under the Credit Authorization shall be: (A) in the form of disbursements of loan proceeds (the "Advances") that (a) will be evidenced by credits to the Borrower's account and (b) shall bear interest and be repayable as set forth in (i) Sections 1.2, 1.4 and 1.6 below and (ii) a Master Demand Promissory Note executed concurrently (referred to in this agreement as the "Note"); or (b) by the issuance of a commercial or standby Letter of Credit upon the completion of an application acceptable to the bank, with the draws (and any interest on any draws) being payable as provided in (i) sections 1.3, 1.4 and 1.6 below and (ii) the application executed in connection with such Letter of Credit. The making of Advances and the issuance of Letters of Credit under the Credit Authorization are solely at the Bank's discretion. Any Advance, or any issuance of a Letter of Credit, on one or more occasions shall not commit the Bank to make any subsequent Advances or to issue any subsequent Letters of Credit. The proceeds of the Credit Authorization shall be used for the working capital purposes, general corporate purposes and special business purposes, including, without limitation, the carrying of unbilled receivables in preparation for large contracts, the purchase of proprietary software and approved acquisitions. The Credit Authorization shall expire on April 30, 1998, unless earlier withdrawn.
