ACH Authorization Agreements definition

ACH Authorization Agreements means those certain Authorization Agreements for Pre-Authorized Payments (Debit) executed by a Loan Party in favor of each Lender. Additional Term Loan and Additional Term Loans are defined in Section 2.2. Additional Term Loan Commitment means $15,000,000. Additional Term Note means individually, and Additional Term Notes means collectively, each promissory note executed by Borrowers and made payable to any Lender, evidencing all or any portion of an Additional Term Loan and otherwise in substantially the same form as the Deerpath Initial Term Note. Affiliate of a Person means any other Person that directly or indirectly controls, or is controlled by, or is under common control with, that Person. For purposes of this definition “control,” “controlled by,” and “under common control with” mean possession, directly or indirectly, of power to direct (or cause the direction of) management or policies of a Person, whether through ownership of Voting Interests or other ownership interests, by contract, or otherwise; provided, however, that any director, executive officer, manager or other Person which owns directly or indirectly ten percent (10%) or more of the securities of any other Person having ordinary voting power for the election of directors or managers shall be deemed to control such other Person. Under no circumstances shall Agent or any Lender be deemed to be an Affiliate of any Borrower or any Borrower’s Affiliates; provided further, that the foregoing proviso shall not apply to any limited partner or investor in Sponsor or its Affiliates. Agent is defined in the introductory paragraph of this Agreement, and includes any successor Agent appointed pursuant to Section 13.6. Agreement means this Loan Agreement, as amended, restated, supplemented or otherwise modified from time to time in accordance with this Agreement. Annual Excess Cash Flow Prepayment is defined in Section 2.5(a)(i). Anti-Terrorism Laws means those laws and sanctions relating to terrorism or money laundering, including Executive Order No. 13224, the Patriot Act, the Bank Secrecy Act (Public Law 91-508), the Trading with the Enemy Act (50 U.S.C. App. Section 1 et. seq.), the International Emergency Economic Powers Act (50 U.S.C. Section 1701 et. seq.), and the sanction regulations promulgated pursuant thereto by the Office of Foreign Assets Control, as well as laws relating to prevention and detection of money laundering in 18 U.S.C. Sections 1956 and 1957 (as any of the foregoing may f...
Sample 1Sample 2
ACH Authorization Agreements means those certain Authorization Agreements for Pre-Authorized Payments (Debit) executed by the Company in favor of each Lender. Accounting Firm is defined in Section 8.1(a)(i). Additional Term Loan and Additional Term Loans are defined in Section 2.2. Additional Term Loan Commitment means $5,000,000. Additional Term Note means individually, and Additional Term Notes means collectively, each promissory note executed by Borrowers and made payable to any Lender, evidencing all or any portion of an Additional Term Loan and otherwise in substantially the same form as the Deerpath Funding Initial Term Note. ADI is defined in the introductory paragraph hereto.
Sample 1
ACH Authorization Agreements means those certain Authorization Agreements for Pre‑Authorized Payments (Debit) executed by each Borrower in favor of each Lender.
Sample 1

Examples of ACH Authorization Agreements in a sentence

  • Schedule B – Sample ACH Authorization Agreements Sample ACH Authorization Agreement for debit entries.

  • Borrowers shall execute and deliver the ACH Authorization Agreements on the Closing Date and shall make, or cause to be made, payments of such fee when due by ACH transfer or automatic debit from Borrowers’ accounts into Lender’s accounts as designated on attached Schedule 1 or such other accounts as Borrowers and Lender may agree in writing.

  • Additionally, we noted that the ACH Authorization Agreements do not specify who within the companies has permission to authorize debits of the company account for documents submitted for recording.

  • Schedule B Sample ACH Authorization Agreements AUTHORIZATION AGREEMENT FOR DIRECT PAYMENTS (ACH DEBITS) Company Name Company ID Number I (we) hereby authorize , hereinafter called COMPANY, to initiate debit entries to my (our) □ Checking Account/ □ Savings Account (select one) indicated below at the depository financial institution named below, hereinafter called DEPOSITORY, and to debit the same to such account.

  • Borrowers shall execute and deliver the ACH Authorization Agreements on the Closing Date and shall make, or cause to be made, such interest payments when due by ACH transfer or automatic debit from Borrowers’ accounts into Lender’s accounts as designated on attached Schedule 1 or such other accounts as Borrowers and Lender may agree in writing.

  • In addition, we reviewed the ACH Authorization Agreements on file for the sample of debit authorizations and found two instances where a company requested an increase to their daily dollar maximum limit, but did not submit a revised Authorization Agreement reflecting the new amount.

  • Unless otherwise notified in writing ACH transfers shall be made in accordance with the information provided in the most current ACH Authorization Agreement(s) completed by Borrower and received by Lender.

Related to ACH Authorization Agreements

  • ACH Authorization means the ACH Debit Authorization Agreement in substantially the form of Exhibit H, which account numbers shall be redacted for security purposes if and when filed publicly by the Borrower.

  • Authorization Letter means a letter agreement executed by Borrower in the form of EXHIBIT A.

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Service Authorization means that Open Ecosystem Partner needs to meet specific qualification requirements for the products included in a “Service” Product Family that Open Ecosystem Partner wants to promote and offer Services for as set out in detail in the Open Ecosystem Program Guide.

  • Business Agreements has the meaning specified in Section 5.15.

  • Control Agreements means, collectively, the Deposit Account Control Agreement, the Securities Account Control Agreement and the Commodity Account Control Agreement.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Commercial Agreements means all or any Agreement or Agreements with any third party including but not limited to broadcasting, media, sponsorship, marketing, merchandising, licensing and advertising, for the general promotion of each or any of the Clubs in the Competition and the Company, and which have the object of promoting the welfare and general commercial interest and increasing the financial resources of each of the Clubs, the Company and the Competition.

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • Acquisition Agreements has the meaning specified in the Recitals.

  • Amendment Documents means this Amendment, the Credit Agreement (as amended by this Amendment), and each certificate and other document executed and delivered by the Borrowers pursuant to Section 5 hereof.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Product Authorizations means any and all approvals, including applicable supplements, amendments, pre- and post-approvals, clearances, licenses, notifications, registrations, certifications or authorizations of any Governmental Authority, any Standard Body necessary for the manufacture, development, distribution, use storage, import, export, transport, promotion, marketing, sale or other commercialization of a Product in any country or jurisdiction.

  • Agreement Documents means the instructions to proponents, scope of service, addenda, response to the RFP, and the acceptance of proposal together with all subsequently negotiated agreements, written amendments, modifications, and supplements to such documents and all written authorizations signed by the administrator(s) amending, deleting, or adding to the contract.

  • Program Agreements means, collectively, this Agreement; the Administration Agreement; Custodial Agreement; the Pricing Side Letter; the Electronic Tracking Agreement; the Collection Account Control Agreement; the Power of Attorney; each Servicing Agreement; each Servicer Notice; when entered into, the Subordination Agreement; and if entered into, the Escrow Agreement, the Intercreditor Agreement and the Joint Securities Account Control Agreement.

  • Related Agreements means the Deeds, each Assignment and Assumption of Lease, the Xxxx of Sale, the Assignment and Assumption Agreement, the Asset Demarcation Agreement, the Easements, the Interconnection Agreements, the Transition Services Agreement, the Release of Mortgage Indenture, the Guaranties, the Escrow Agreement and the other agreements, certificates and documents to be delivered pursuant to this Agreement.

  • Supplemental Agreements means the First Supplemental Agreement, the Second Supplemental Agreement, the Third Supplemental Agreement, the Fourth Supplemental Agreement, the Fifth Supplemental Agreement and the Sixth Supplemental Agreement.

  • UCC Filing Authorization Letter means a letter duly executed by each Loan Party authorizing the Collateral Agent to file appropriate financing statements on Form UCC-1 without the signature of such Loan Party in such office or offices as may be necessary or, in the opinion of the Collateral Agent, desirable to perfect the security interests purported to be created by each Security Agreement and each Mortgage.

  • Procurement Documents means the procurement documents attached hereto as Schedule F (if any);

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Local Agreement shall have the meaning set forth in Section 2.08.

  • Joinder Agreements means for each Subsidiary, a completed and executed Joinder Agreement in substantially the form attached hereto as Exhibit G.

  • Service Agreements means the agreements in the agreed form to be entered into between the Company and each of the Founders;

  • Support Agreements has the meaning set forth in the Recitals.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.