Common use of Deposit Account with Agent Clause in Contracts

Deposit Account with Agent. Company hereby authorizes Agent, in Agent's sole discretion, to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 13 contracts

Samples: Credit Agreement (Valassis Communications Inc), Credit Agreement (Jpe Inc), Credit Agreement (Mce Companies Inc)

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Deposit Account with Agent. Company hereby authorizes Agent, in Agent's sole discretion, Agent to charge its general deposit account(s)account, if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become becomes due and payable under the terms of this Agreement or the Notes.

Appears in 7 contracts

Samples: Credit Agreement (Credit Acceptance Corp), Credit Agreement (Credit Acceptance Corp), Credit Agreement (Credit Acceptance Corp)

Deposit Account with Agent. Each of Company and the Permitted Borrowers hereby authorizes Agent, in Agent's sole discretion, Agent to charge its general deposit account(s)account, if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become becomes due and payable under the terms of this Agreement or the Notes.

Appears in 4 contracts

Samples: Credit Agreement (Credit Acceptance Corporation), Credit Agreement (Credit Acceptance Corporation), Credit Agreement (Credit Acceptance Corporation)

Deposit Account with Agent. Company hereby Each Borrower authorizes Agent, in Agent's ’s sole discretion, upon notice to the Borrower Representative to charge its general deposit account(s), if any, maintained with the Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 4 contracts

Samples: Credit Agreement (Sterling Construction Co Inc), Joinder Agreement (Sterling Construction Co Inc), Credit Agreement (Sterling Construction Co Inc)

Deposit Account with Agent. Company hereby authorizes Agent, in Agent's sole discretion, upon notice to Company to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 3 contracts

Samples: Security Agreement (Quanex Corp), Credit Agreement (Starcraft Corp /In/), Credit Agreement (Olympic Steel Inc)

Deposit Account with Agent. Company hereby authorizes Agent, in Agent's ’s sole discretion, upon notice to Company to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 3 contracts

Samples: Credit Agreement (Olympic Steel Inc), Security Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Credit Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Deposit Account with Agent. Each of Company and the Permitted Borrowers hereby authorizes Agent, in Agent's sole discretion, Agent to charge its general deposit account(s)account, if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become becomes due and payable under the terms of this Agreement or the NotesAgreement.

Appears in 2 contracts

Samples: Term Revolving Credit Agreement (Vishay Intertechnology Inc), Credit Agreement (Vishay Intertechnology Inc)

Deposit Account with Agent. Company Borrower hereby authorizes Agent, in Agent's ’s sole discretion, upon notice to Borrower to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 2 contracts

Samples: Credit Agreement (Noble International, Ltd.), Credit Agreement (Noble International, Ltd.)

Deposit Account with Agent. Company hereby Each Borrower authorizes Agent, in Agent's ’s sole discretion, upon notice to the Borrowers to charge its general deposit account(s), if any, maintained with the Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 2 contracts

Samples: Credit Agreement (National Technical Systems Inc /Ca/), Revolving Credit and Term Loan Agreement (Staktek Holdings Inc)

Deposit Account with Agent. Company Borrowers hereby authorizes authorize Agent, in Agent's sole discretion, upon notice to Borrowers to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Plastipak Holdings Inc), Credit Agreement (Plastipak Holdings Inc)

Deposit Account with Agent. Company hereby authorizes Agent, in Agent's sole discretion, Agent to charge its general deposit account(s)account, if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become becomes due and payable under the terms of this Agreement or the Notes.. Detroit_3438916_18_

Appears in 1 contract

Samples: Credit Agreement (Credit Acceptance Corp)

Deposit Account with Agent. Company hereby authorizes and each of the Designated Borrowers may, by written notice to Agent, in Agent's sole discretion, authorize Agent to charge its their respective general deposit account(s)accounts, if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same shall become due and payable under the terms of this Agreement or the Purchase Money Notes.

Appears in 1 contract

Samples: Purchase Money Loan Agreement (Walbro Corp)

Deposit Account with Agent. Company Borrower hereby authorizes Agent, in Agent's sole discretion, to charge its general deposit account(s), ) if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become becomes due and payable under the terms of this Agreement or the Notes.

Appears in 1 contract

Samples: Mortgage Warehousing Agreement (Rock Financial Corp/Mi/)

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Deposit Account with Agent. Company Borrowers hereby authorizes authorize Agent, in Agent's sole discretion, upon notice by Borrowers to charge its their general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the NotesNotes or, in the event Borrowers fail to pay such amounts when due, Agent may, in its sole discretion, change the general deposit account(s) of Borrowers.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Commercial Vehicle Group, Inc.)

Deposit Account with Agent. Company Borrowers hereby authorizes authorize Agent, in Agent's sole discretion, upon notice to Borrower to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.. 13.3

Appears in 1 contract

Samples: Autocam Corp/Mi

Deposit Account with Agent. Company Each of the Borrowers hereby authorizes Agent, in Agent's sole discretion, to charge its their respective general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 1 contract

Samples: Credit Agreement (Saturn Electronics & Engineering Inc)

Deposit Account with Agent. The Company hereby authorizes Agent, in Agent's ’s sole discretion, upon notice to the Company to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 1 contract

Samples: Credit Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Deposit Account with Agent. Company Borrowers hereby authorizes authorize Agent, in Agent's ’s sole discretion, upon notice to Borrower to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Capital Automotive Reit)

Deposit Account with Agent. Company The Borrowers hereby authorizes Agent, in Agent's sole discretion, upon notice to the Borrowers to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (MSC Software Corp)

Deposit Account with Agent. Company hereby authorizes Agent, in Agent's sole discretion, to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become becomes due and payable under the terms of this Agreement or the Notes.

Appears in 1 contract

Samples: Credit Agreement (Champion Enterprises Inc)

Deposit Account with Agent. Company hereby Each Borrower authorizes Agent, in Agent's ’s sole discretion, to charge its general deposit account(s), if any, maintained with Agent for the amount of any principal, interest, or other amounts or costs due under this Agreement when the same become due and payable under the terms of this Agreement or the Notes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Multimedia Games Inc)

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