REQUEST TO DEBIT. 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 shall notify Borrower when it debits Borrower's accounts. These debits are not a set-off.
Appears in 3 contracts
Samples: Loan and Security Agreement (Smarterkids Com Inc), Loan and Security Agreement (Learningstar Inc), Loan and Security Agreement (Smarterkids Com Inc)
REQUEST TO DEBIT. 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 shall will notify Borrower when it debits Borrower's accounts. These debits are not a set-off.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)
REQUEST TO DEBIT. Bank may debit any of Borrower's deposit accounts accounts, including Account Number ______________________ for principal and interest payments or any amounts Borrower owes Bank when due. Bank shall will notify Borrower when it debits Borrower's accounts. These debits are not a setsit-off.
Appears in 1 contract
