Charging of accounts Sample Clauses

Charging of accounts. The Earnings Account and the Retention Account and all amounts from time to time respectively standing to the credit thereof shall be subject to the security constituted and the rights conferred by, respectively, the Earnings Account Pledge and the Retention Account Pledge.

Charging of accounts. If and to the extent any payment owed to the Agent or any Lender is not made within three Business Days after the date it was due hereunder or under the Note held by such Lender, the Borrower hereby authorizes the Agent and such Lender to setoff and charge any amount so due against any deposit account maintained by the Borrower with the Agent or such Lender, whether or not the deposit therein is then due.

Charging of accounts. The Earnings Accounts and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Earnings Account Pledges respectively and the Borrowers undertake to take all such steps, and give all such instructions to the Earnings Account Bank to enable the Agent and/or the Security Trustee to have: (a) full e-banking monitoring access to the Earnings Accounts at all times; and (b) full unconditional access to the Earnings Accounts following the occurrence of an Event of Default which is continuing.

Charging of accounts. 41 (c) Computations............................................... 41 (d) Payment on Business Day.................................... 42 (e) Presumption of Payment..................................... 42 SECTION 2.16. Taxes......................................................... 42 (a) Net Payments............................................... 42 (b) Payment of Other Taxes..................................... 42 (c) Indemnification............................................ 43

Charging of accounts. Borrower hereby irrevocably authorizes Agent, at Agent’s option, to charge any account of Borrower at U.S. Bank or charge or increase the Revolving Loans (as Prime Rate Loans) for the payment or repayment of any interest or principal of the Loans, any fees, charges, expenses, or other amounts due to Agent, Lenders or LC Issuer under the Loan Documents, and any or all of the other Obligations.

Charging of accounts. To the extent not violative of the provisions of the Holdings Senior Notes, Company hereby authorizes Administrative Agent to charge Company's accounts with Administrative Agent in order to cause timely payment to be made to Administrative Agent of all principal, interest, fees and expenses due by Company hereunder or under any of the other Credit Documents (subject to sufficient funds being available in its accounts for that purpose).

Charging of accounts. The Earnings Account, the Retention Account and the Drydock Reserve Account and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Accounts Pledge and the Borrower undertakes to take all such steps, and give all such instructions to the Account Bank to enable the Agent and/or the Security Trustee to have full unconditional access to the Earnings Account, the Retention Account and the Drydock Reserve Account following the occurrence of an Event of Default which is continuing.

Charging of accounts. The Retention Account and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Retention Account Pledge but otherwise free of Encumbrance.

Charging of accounts. 23 2.8. Application and Allocation of Payments.......................23 2.9. Loan Account and Accounting..................................23 2.10. Indemnity....................................................24 2.11. Access.......................................................25 2.12. Taxes........................................................26 2.13. Capital Adequacy; Increased Costs; Illegality................26 2.14. Conversion and Continuation Elections........................27 3.