Common use of Automatic Debit Clause in Contracts

Automatic Debit. In order to cause timely payment to be made to Bank of all Borrower's Liabilities as and when due, Borrower hereby authorizes and directs Bank to debit the amount of such Borrower's Liabilities to any ordinary deposit account of Borrower (including, without limitation, by increasing the principal balance due under the Revolving Loan).

Automatic Debit. In order to cause timely payment to be made to Bank of all Borrower's Liabilities as and when due, Borrower hereby authorizes and directs Bank to debit the amount of such Borrower's Liabilities to any ordinary deposit account of Borrower at Bank (including, without limitation, by increasing the principal balance due under the Revolving Loan).

Automatic Debit. In order to cause effectuate the timely payment to be made to Bank of all Borrower's Liabilities as and any of the Obligations when due, the Borrower hereby authorizes and directs Bank the Bank, at the Bank’s option, to debit the amount of such Borrower's Liabilities the Obligations to any ordinary deposit account of the Borrower (including, without limitation, by increasing maintained at the principal balance due under the Revolving Loan)Bank.

Automatic Debit. In order to cause timely payment to be made to Bank Bank, for the account of Bank, of all Borrower's Borrowers' Liabilities as and when due, Borrower Borrowers hereby authorizes authorize and directs Bank direct Bank, at Bank's option, to debit the amount of such Borrower's Borrowers' Liabilities to any ordinary deposit account of Borrower Borrowers (including, without limitation, by increasing the principal balance due under the Revolving Loan).

Automatic Debit. In order to cause effectuate the timely payment to be made to Bank of all Borrower's Liabilities as and any of the Obligations when due, Borrower hereby authorizes and directs Bank the Bank, at the Bank's option, to debit the amount of such Borrower's Liabilities the Obligations to any ordinary deposit account of Borrower (including, without limitation, by increasing the principal balance due under the Revolving Loan)Borrower.

Automatic Debit. In order to cause timely payment to be made to Bank of all Borrower's Borrowers' Liabilities as and when due, Borrower Borrowers hereby authorizes authorize and directs direct Bank to debit the amount of such Borrower's Liabilities Borrowers' Liabilities, as and when due, to any ordinary deposit account of any Borrower (including, without limitation, by increasing the principal balance due under the Revolving Loan). Bank may cause interest and other amounts payable on the obligations of Borrowers to Bank to be paid by making a direct charge to Borrower accounts at Bank in accordance with the terms hereof.