Common use of Direct Debit Clause in Contracts

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 owned by the Borrower or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”). (b) The Barrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 4 contracts

Samples: Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.)

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Direct Debit. (a) The Borrower agrees that on the each Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 2017330457 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (hereinafter referred to as the “Designated Account”). (b) The Barrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Immunomedics Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 001-004035 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”). (b) The Barrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Intermountain Community Bancorp)

Direct Debit. (a) The Borrower agrees Borrowers agree that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 0035xxxxxxxx owned by the Borrower Borrowers, or such other of the Borrower’s Borrowers’ accounts with the Bank as designated in writing by the Borrower Borrowers (the "Designated Account"). (b) . The Barrower Borrowers may terminate this direct debit Direct Debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Mexco Energy Corp)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 GA-334025804410 owned by the Borrower or such other of the Borrower’s 's accounts with the Bank as designated in writing by the Borrower (the "Designated Account")., (b) The Barrower Borrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.,

Appears in 1 contract

Samples: Loan Agreement (Mimedx Group, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 0000-0-00000 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”). (b) The Barrower Borrower may terminate this direct debit arrangement arrangements at any time by sending written notice to the Bank or at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Move Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 003927991969 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”). (b) The Barrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Gse Systems Inc)

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Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 11863-19219 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”). (b) The Barrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Super Micro Computer, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 485005354897 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the "Designated Account"). (b) The Barrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Key Technology Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 _____ owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”). (b) The Barrower Borrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Game Trading Technologies, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 2801402484 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”). (b) The Barrower may terminate this direct debit arrangement at any time by sending written notice to the Bank at the address specified at the end of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Redhook Ale Brewery Inc)

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