Method and Timing of Payments. (a) All payments required to be made pursuant to the provisions of this Agreement and any other Lender Agreement, and all prepayments pursuant to Section 4.1, may be charged by the Agent against the Borrower's accounts with the Agent. The Borrower hereby authorizes the Agent and the Lenders, without notice to the Borrower, to charge against any account of the Borrower with the Agent or such Lender an amount equal to the accrued interest, principal and other amounts from time to time due and payable to the Agent and the Lenders hereunder and under all other Lender Agreements.
Appears in 5 contracts
Samples: Credit Agreement (Bright Horizons Family Solutions Inc), Credit Agreement (Boston Celtics Limited Partnership Ii /De/), Credit Agreement (Pc Connection Inc)
Method and Timing of Payments. (a) All payments required to be made pursuant to the provisions of this Agreement and any other Lender Agreement, and all prepayments pursuant to Section 4.1, may be charged by the Agent against the any Borrower's accounts with the Agent. The Each Borrower hereby authorizes the Agent and the Lenders, without prior notice to the BorrowerBorrower but with confirming notice to such Borrower promptly thereafter, to charge against any account of the such Borrower with the Agent or such Lender an amount equal to the accrued interest, principal and other amounts from time to time due and payable to the Agent and the Lenders hereunder and under all other Lender Agreements.
Appears in 3 contracts
Samples: Credit Agreement (American Skiing Co /Me), Credit Agreement (American Skiing Co /Me), And Consolidated Credit Agreement (American Skiing Co /Me)
Method and Timing of Payments. (a) All payments required to be made pursuant to the provisions of this Agreement and any other Lender Agreement, and all prepayments pursuant to Section 4.1, may be charged by the Agent against the any Borrower's accounts with the Agent. The Each Borrower hereby authorizes the Agent and the Lenders, without notice to the such Borrower, to charge against any account of the such Borrower with the Agent or such Lender an amount equal to the accrued interest, principal and other amounts from time to time due and payable to the Agent and the Lenders hereunder and under all other Lender Agreements.
Appears in 1 contract
Samples: Credit Agreement (Tweeter Home Entertainment Group Inc)