Common use of Request to Debit Accounts Clause in Contracts

Request to Debit Accounts. Bank may debit any of Borrower’s deposit accounts including Account Number for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it debits Borrower’s accounts. These debits are not a set-off.

Appears in 8 contracts

Samples: Loan and Security Agreement (Netlogic Microsystems Inc), Loan and Security Agreement (Smart Move, Inc.), Loan and Security Agreement (Netlogic Microsystems Inc)

AutoNDA by SimpleDocs

Request to Debit Accounts. Bank may debit any of Borrower’s 's deposit accounts including Account Number 3300076017 for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it debits Borrower’s 's accounts. These debits are not a set-off.

Appears in 1 contract

Samples: Negative Pledge Agreement (Durect Corp)

Request to Debit Accounts. Bank may debit any of Borrower’s deposit accounts including Account Number 3300380008 for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it debits Borrower’s accounts. These debits are not a set-off.

Appears in 1 contract

Samples: Loan and Security Agreement (Drugstore Com Inc)

Request to Debit Accounts. Bank may debit any of Borrower’s 's deposit accounts including Account Number for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it debits Borrower’s 's accounts. These debits are not a set-off.

Appears in 1 contract

Samples: Loan and Security Agreement (Synchronoss Technologies Inc)

Request to Debit Accounts. Bank may debit any of Borrower’s 's deposit accounts including Account Number 3300123800 for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it debits Borrower’s 's accounts. These debits are not a set-off.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Homestead Com Inc)

Request to Debit Accounts. Bank may debit any of Borrower’s 's deposit accounts including Account Number 3300128506 for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it debits Borrower’s 's accounts. These debits are not a set-off.

Appears in 1 contract

Samples: Loan and Security Agreement (Array Biopharma Inc)

Request to Debit Accounts. Bank may debit any of Borrower’s Borrowers' deposit accounts including Account Number for principal and interest payments or any amounts Borrower owes Borrowers owe Bank when due. Bank will notify Borrower Borrowers when it debits Borrower’s Borrowers' accounts. These debits are not a set-set- off.

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

AutoNDA by SimpleDocs

Request to Debit Accounts. Bank may debit any of Borrower’s 's deposit accounts including Account Number accounts, whether now or hereafter existing, for principal and interest payments owing or any amounts Borrower owes Bank when dueBank. Bank will promptly notify Borrower when it debits Borrower’s 's accounts. These debits are not a set-off.

Appears in 1 contract

Samples: Loan and Security Agreement (Stentor Inc)

Request to Debit Accounts. Borrower authorizes Bank may to debit any of Borrower’s 's deposit accounts including Account Number 3300364560 for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it of all debits that Bank makes against Borrower’s 's accounts. These debits to Borrower's account are not a set-off.

Appears in 1 contract

Samples: Loan and Security Agreement (Displaytech Inc)

Request to Debit Accounts. Bank may debit any of Borrower’s 's deposit accounts including Account Number for principal and interest payments or any amounts Borrower owes Bank when due. Bank will notify Borrower when it debits Borrower’s 's accounts. These debits are not a set-off.

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.