Common use of Direct Debit Clause in Contracts

Direct Debit. (a) The Borrower agrees that interest and principal payments and any fees will be deducted automatically on the due date from the Designated Deposit Account. (b) The Borrower will maintain sufficient funds in the account on the dates the Bank enters debits authorized by this Agreement. If there are insufficient funds in the account on the date the Bank enters any debit authorized by this Agreement, the Bank may reverse the debit.

Direct Debit. (a) The Borrower agrees that interest and principal payments and any fees will be deducted automatically on the due date from account number 03724-02990 owned by Borrower, or such other of the Designated Deposit AccountBorrower's accounts with the Bank as designated in writing by the Borrower. (b) The Borrower will maintain sufficient funds in the account on the dates the Bank enters debits authorized by this Agreement. If there are insufficient funds in the account on the date the Bank enters any debit authorized by this Agreement, the Bank may reverse the debit.

Direct Debit. (a) The Borrower agrees that interest and principal payments and any fees will be deducted automatically on the due date from account number 03724-02990 owned by Borrower, or such other of the Designated Deposit AccountBorrower’s accounts with the Bank as designated in writing by the Borrower. (b) The Borrower will maintain sufficient funds in the account on the dates the Bank enters debits authorized by this Agreement. If there are insufficient funds in the account on the date the Bank enters any debit authorized by this Agreement, the Bank may reverse the debit.

Direct Debit. (a) The Borrower agrees that interest fees and principal payments and any fees other amounts due hereunder will be deducted automatically on the due date from the Designated Deposit AccountBorrower’s deposit account number 14878-03783, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower. (b) The Borrower will maintain sufficient funds in the account on the dates the Bank enters debits authorized by this Agreement. If there are insufficient funds in the account on the date the Bank enters any debit authorized by this Agreement, the Bank may reverse the debit.

Direct Debit. (a) The Borrower agrees that interest and principal payments and any fees will be deducted automatically on the due date from the Designated Deposit AccountBorrower’s account number 000990114837, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower. (b) The Borrower will maintain sufficient funds in the account on the dates the Bank enters debits authorized by this Agreement. If there are insufficient funds in the account on the date the Bank enters any debit authorized by this Agreement, the Bank may reverse the debit.

Direct Debit. (a) The Borrower agrees that interest and principal payments and any fees will be deducted automatically on the due date from account number 14995-02877 owned by Borrower, or such other of the Designated Deposit AccountBorrower’s accounts with the Bank as designated in writing by the Borrower. (b) The Borrower will maintain sufficient funds in the account on the dates the Bank enters debits authorized by this Agreement. If there are insufficient funds in the account on the date the Bank enters any debit authorized by this Agreement, the Bank may reverse the debit.