Common use of Debit of Accounts; Payments Clause in Contracts

Debit of Accounts; Payments. All payments on the Subordinated Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lender in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.

Appears in 8 contracts

Samples: Subordinated Business Loan and Security Agreement (Nuvve Holding Corp.), Subordinated Business Loan and Security Agreement (Banzai International, Inc.), Subordinated Business Loan and Security Agreement (Loop Media, Inc.)

AutoNDA by SimpleDocs

Debit of Accounts; Payments. All payments on the Subordinated Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lender Lxxxxx in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.

Appears in 4 contracts

Samples: Business Loan and Security Agreement (Biofrontera Inc.), Business Loan and Security Agreement (Biofrontera Inc.), Business Loan, Guaranty, and Security Agreement (Amphitrite Digital Inc)

Debit of Accounts; Payments. All payments on the Subordinated Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lender in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.

Appears in 2 contracts

Samples: Subordinated Business Loan Agreement (Energous Corp), Subordinated Business Loan Agreement (Energous Corp)

Debit of Accounts; Payments. All payments on the Subordinated Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lender Lxxxxx in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.

Appears in 2 contracts

Samples: Subordinated Business Loan and Security Agreement (American Rebel Holdings Inc), Subordinated Business Loan and Security Agreement (Blue Star Foods Corp.)

AutoNDA by SimpleDocs

Debit of Accounts; Payments. All payments on the Subordinated Secured Promissory Note shall be made via automated clearing house clearinghouse transfers of immediately available funds to be initiated by Lender in accordance with the authorization and direction of Borrower to Lead Lender provided in providedin Exhibit B-6 of B-6of this Agreement.

Appears in 1 contract

Samples: Subordinated Business Loan and Security Agreement (Banzai International, Inc.)

Debit of Accounts; Payments. All payments on the Subordinated Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lender in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Super League Enterprise, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!