Common use of Charging of accounts Clause in Contracts

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. 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 Revolving 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.