Deduction Agreement Sample Clauses

Deduction Agreement. 11.1 When the borrower authorizes the due loan principal, interest, default interest, compound interest or other expenses, the lender has the right to deduct the funds in any account opened by the borrower in all branches of Bank of communications for repayment.
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Deduction Agreement. 1. The borrower agreed that the lender have the right to collect the debts in connection with the loan of this contract directly from the debt service account and/or the capital collection account opened in the Hubei Bank Co., Ltd upon the maturity of such debts. In case the balances in the debt service account and/or the capital collection account is not abundant to pay all the necessary debts, the lender have the right to deduct the balance from any other bank accounts the borrower has opened in any branches of Hubei Bank Co., Ltd.
Deduction Agreement. 5.1 With the authorization of the guarantor, when the debtor or the guarantor has debts due and payable, the creditor has the right to deduct the funds in any account opened by the guarantor in all branches of Bank of Communications Co., Ltd. for repayment.
Deduction Agreement. The Employer agrees to deduct from the wages of an employee who is a member of the Union a PEOPLE deduction as provided for in a written authorization, in the amount of $50, $100, $250, or $500 per year. Such authorization must be executed by the employee and may be revoked by the employee at any time by giving written notice to both the Employer and the Union President. The Employer agrees to remit any deductions made pursuant to this provision promptly to the Union to an address provided by the Union President.
Deduction Agreement. (1) If the guarantor has due liabilities, the creditor has right to deduct capital in any account that the guarantor opened in Shanghai Pudong Development Bank to liquidate the due liabilities.
Deduction Agreement. (1) If the mortgager has due liabilities, the mortgagee has right to deduct capital in any account that the mortgager opened in Shanghai Pudong Development Bank to liquidate the due liabilities.
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Deduction Agreement. 11.1 The Borrower shall authorize the Lender to deduct funds from any of the Borrower's accounts opened with the Bank of Communications for repayment if any principal of the loan, interest, penalty interest, compound interest or other fees fall due or become payable.
Deduction Agreement. 11.1 Upon the Borrower’s authorization, the Lender may deduct funds from any account the Borrower has with all branches of Bank of Communications, Co., Ltd., to pay off the accrued but unpaid principal, interest, penalty interest, compound interest and other expenses.
Deduction Agreement. 11.1 Xxxxxxxx’s authorization: When there are principal, interest, penalty, compound interest or other fees due and payable, the lender shall have the right to deduct the funds from any account opened by the borrower with all branches of Bank of Communications Co., Ltd for settlement.
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