Debit. The Depositor authorizes the Bank, without prior notice, to debit the Depositor's account for repayment of principal, interest, overdue interest, handling charges, postage, cable charges, acceptance or discount charges, commitment fees, penalties for dishonored checks, handling fees for cancelling dishonored checks and other sums payable to the Bank.
16. 求償權之限制
Debit. The Borrower hereby irrevocably authorizes the Bank and any subsequent holder of the Note, both before and after demand, to debit any of the Borrower's business accounts maintained with the Bank (or subsequent holder for all sums (including without limitation principal, interest, late fees, and other fees) payable from time to time under this Agreement and the other Loan Documents. In addition, if the Borrower has signed a separate authorization, the Bank is authorized to initiate ACH debit transfers for the Loan payments and on the business account(s) specified in the authorization. These provisions shall not obligate the Bank to create or allow any overdraft, and such authority shall not relieve the Borrower of the obligation to assure that payments are made when due. MIKRON INSTRUMENT CO., INC. Page 15 of 19
Debit. The Bank is hereby authorised at any time without notice to the Customer to debit any of the Customer’s accounts with the Bank in respect of the Bank’s charges and all other monies due and payable hereunder and under the other documents creating security for the Facility.
Debit. 12.1 In the event the Borrower does not repay the principal, interest, punitive, default penalty, indemnification or other expenses when due (including the maturity date of loan is accelerated), the Lender has the right to debit a corresponding payments in all accounts the Borrower opened with Industrial and Commercial Bank of China and its branches, provided that the Lender shall notify the Borrower. In the event the Borrower’s contact information changes and the Lender cannot notify the Borrower by phone or mail, the Lender may use notarized delivery and other measures acceptable in accordance with law to fulfill the obligation of notification.
12.2 In the event the Lender debits the time deposit prior to its maturity, if the whole amount needs to be debited prior to the maturity, the interest shall be calculated in accordance with the published interest rate of the demand deposit on the date of debiting; if only a part of amount needs to be debited prior to its maturity, the interest of such part shall be calculated in accordance with the published interest rate of the demand deposit, the interest of remaining amount shall be calculated in accordance with the interest of the date when such time deposit was deposited. The loss arising from the debiting shall be assumed by the Borrower.
Debit. In the event the Guarantor does not fulfill the guarantee obligation in accordance with the contract, the Guarantor authorizes the Lender to debit the corresponding amount from all accounts the Guarantor opened with Industrial and Commercial Bank of China and its branches. If the Lender debits the Guarantor’s time deposit, such debit shall be exercised in accordance with Article 12.
Debit. Refers to the amount of information (data) transmitted, per unit of time, and is usually expressed in megabits per second (Mbps).
Debit. Unit of measure (e.g., a functional or areal measure of other suitable metric) representing the loss of aquatic functions at an impact or project site. The measure of aquatic functions is based on the resources impacted by an authorized activity.
Debit. We reserve the right to refuse to pay a regular (automatic) debit, for example, if your account has insufficient funds to cover such transfer or if we are unable to verify the ownership of or other information about the account to which the funds will be transferred. You may call us at 0-000-000-0000, 24 hours a day, 7 days a week, to request information about a refusal by us to pay a regular (automatic) debit.
Debit. The Bank is hereby authorised at any time without notice by notice in writing to the Borrower to debit any of the Borrower's account with the Bank in respect of interest, commission, charges, fees, normal bank charges and all other monies due and payable hereunder as well as debit the recovery fees and other amounts and sums of money payable by the Borrower. No such debiting shall be deemed to be a payment of the amount due (except to the extent of any amount available in any of the Borrower's current account) or a waiver of any event of default under any agreement relating to the Facility. If such debiting causes any of the Borrower's account to be overdrawn, interest shall be charged accordingly.
