Automatic Payment Authorization definition

Automatic Payment Authorization means the Automatic Payment Authorization in substantially the form of Exhibit F.
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Automatic Payment Authorization section of Exhibit A of the Loan Agreement is hereby amended to provide that automatic Payments from Borrower’s Account shall include renewal or modification fees or other fees and payments due and owing by Borrower to Lender under the Loan Documents.
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Automatic Payment Authorization means the Automatic Payment Authorization in substantially the form of Exhibit F. “Board” means, with respect to any Person, the board of directors, board of managers, managers or other similar bodies or
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Examples of Automatic Payment Authorization in a sentence

  • Without limiting Section 2.4(d), Agent is authorized to, and at its sole election may, debit funds from Borrower’s operating account specified in the Automatic Payment Authorization Agreement to pay all Obligations under any Loan Document if and to the extent Borrower fails to promptly pay any such amounts as and when due.

  • All payments of interest and principal due to Agent and Lenders on a Scheduled Payment Date under Section 2.4(a) and (b) shall be effected by automatic debit of the appropriate funds from Borrower’s operating account specified on the Automatic Payment Authorization Agreement.

  • Agent is authorized to, and at its sole election may, debit funds from Borrower’s operating account specified in the Automatic Payment Authorization Agreement to pay all Obligations under this Agreement or any of the other Debt Documents if and to the extent Borrower fails to promptly pay any such amounts as and when due.

  • Merchant will sign the Automatic Payment Authorization in Exhibit B, attached hereto.

  • Specific Obligation Number: ¨ Automatic Payment Authorization for less than all payments on only the specific borrowing identified below, as and when such payments come due.

  • Administrative Agent, on behalf of Lenders, may initiate debit entries to any Deposit Accounts as authorized on the Automatic Payment Authorization for principal and interest payments or any other Obligations when due.

  • All Scheduled Payments due to Agent and Lenders under Section 2.3(b) shall be effected by automatic debit of the appropriate funds from Borrower’s operating account specified on the Automatic Payment Authorization Agreement (as defined below).

  • If the Automatic Payment Authorization is terminated for any reason, Borrowers shall make all payments due hereunder at the applicable address specified in Section 10, or as otherwise notified by Administrative Agent in writing.

  • Borrower shall not revoke the Automatic Payment Authorization Agreement without Agent’s prior written consent.

  • Specific Obligation Number: ¨ Automatic Payment Authorization for less than all payments on only the specific borrowing indentified below, as and when such payments come due.


More Definitions of Automatic Payment Authorization

Automatic Payment Authorization means the Automatic Payment Authorization in substantially the form ofExhibit F.
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Automatic Payment Authorization. Borrower voluntarily authorizes Citibank to access a Citibank business checking account for interest, principal or fees of any kind due under this Loan Agreement or the Loan Documents. Administrative charges shall not exceed $250.00.
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Automatic Payment Authorization means the Automatic Payment Authorization in substantially the form of Exhibit F. “Board” means, with respect to any Person, the board of directors, board of managers, managers or other similar bodies or authorities performing similar governing functions for such Person. “Books” are all of each applicable Loan Party’s books and records including ledgers, federal and state tax returns, records regarding such Loan Party’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information. “Borrower” and “Borrowers” has the meaning set forth in the preamble of this Agreement. “Borrower Representative” has the meaning set forth in the preamble of this Agreement.
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Automatic Payment Authorization means the Automatic Payment Authorization in substantially the form of Exhibit F. “Board” means, with respect to any Person, the board of directors, board of managers, managers or other similar bodies or
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