Deposit Account with Agent. Borrowers hereby authorize Agent to charge its general deposit account, if any, maintained with Agent for the amount of any principal, interest or other payment due under this Agreement, the Notes, any Letter of Credit Agreement or other Document when the same becomes due and payable under the terms of this Agreement, the Notes, and Letter of Credit Agreement or the other Documents.
Appears in 2 contracts
Samples: Assignment Agreement (Vs Holdings Inc), Assignment Agreement (Talon Automotive Group Inc)
Deposit Account with Agent. Borrowers Borrower hereby authorize Agent authorizes Agent, in Agent's sole discretion, upon notice to Borrower to charge its general deposit accountaccount(s), if any, maintained with Agent for the amount of any principal, interest interest, or other payment amounts or costs due under this Agreement, the Notes, any Letter of Credit Agreement or other Document when the same becomes become due and payable under the terms of this Agreement, the Notes, and Letter of Credit Agreement or the other DocumentsNotes.
Appears in 1 contract
Samples: Loan Agreement (Summa Industries)
Deposit Account with Agent. Borrowers Borrower hereby authorize authorizes Agent to charge its general deposit account, if any, maintained with Agent for the amount of any principal, interest or other payment due under this Agreement, the Notes, any Letter of Credit Agreement or other Document when the same becomes due and payable under the terms of this Agreement, the Notes, and any Letter of Credit Agreement or the other Documents.
Appears in 1 contract
Samples: Republic Automotive Parts Inc
Deposit Account with Agent. Each of the Borrowers hereby authorize Agent Agent, in Agent's sole discretion, upon notice to such Borrower to charge its general deposit accountaccount(s), if any, maintained with Agent for the amount of any principal, interest interest, or other payment amounts or costs due under this Agreement, the Notes, any Letter of Credit Agreement or other Document when the same becomes become due and payable under the terms of this Agreement, the Notes, and Letter of Credit Agreement or the other DocumentsNotes.
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