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 (Jpe Inc), Credit Agreement (North Pointe Holdings Corp), Credit Agreement (Valassis Communications 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 8 contracts

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

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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)

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