Common use of Debit Authorization Clause in Contracts

Debit Authorization. The Agent is hereby authorized to debit each of the Obligor’s account or accounts maintained from time to time at the Branch or elsewhere, for the amount of any interest or any other amounts due and owing hereunder from time to time payable by the Obligors, in order to obtain payment thereof.

Debit Authorization. The Agent is hereby authorized to debit each of the ObligorBorrower’s and the Guarantors’ account or accounts maintained from time to time at the Branch or elsewhere, and to set off and compensate against any and all accounts, credits and balances maintained at any time by the Borrower or the Guarantors for the amount of any interest or any other amounts due and owing hereunder from time to time payable by the ObligorsBorrower, in order to obtain payment thereof.

Debit Authorization. The Agent is hereby authorized to debit each of the Obligor’s Borrower's and the Guarantors' account or accounts maintained from time to time at the Branch or elsewhere, and to set off and compensate against any and all accounts, credits and balances maintained at any time by the Borrower or the Guarantors for the amount of any interest or any other amounts due and owing hereunder from time to time payable by the ObligorsBorrower, in order to obtain payment thereof.

Debit Authorization. The Agent is hereby authorized to debit each of the Obligor’s Borrower's and the Restricted Subsidiaries' account or accounts maintained from time to time at the Branch or elsewhere, and to set off and compensate against any and all accounts, credits and balances maintained at any time by the Borrower or the Restricted Subsidiaries for the amount of any interest or any other amounts due and owing hereunder from time to time payable by the ObligorsBorrower, in order to obtain payment thereof.