Authority to Debit Sample Clauses

Authority to Debit. In respect of all amounts payable by any Obligor under this Agreement or the other Loan Documents, each Obligor hereby irrevocably authorizes and instructs the Administrative Agent or any Lender to withdraw from or debit, from time to time when such amounts are due and payable, any account of such Obligor maintained with the Administrative Agent or such Lender or any of their respective Affiliates for the purpose of satisfying payment thereof. If any such amounts are payable in a currency other than that in which an account is maintained, such Obligor hereby irrevocably authorizes the Administrative Agent or any Lender to withdraw from or debit such account with the Equivalent Amount in such currency of the account, together with any premium or cost of exchange payable in connection therewith.
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Authority to Debit. The Borrower authorises the Lender to:
Authority to Debit. 50 4.6 Reduction of the Commitments............................... 50 4.7 Increase of Revolving Loan Commitment...................... 51
Authority to Debit. In respect of all amounts payable by the Borrower under this Agreement, the Borrower hereby irrevocably authorizes and instructs the Administrative Agent to withdraw from or debit, from time to time when such amounts are due and payable, any account of the Borrower listed in Schedule 4.5 annexed hereto (as such Schedule 4.5 may be amended from time to time as agreed between the Borrower and the Administrative Agent) for the purpose of satisfying payment thereof.
Authority to Debit. In respect of all amounts payable by any Obligor under this Agreement or the other Loan Documents, each Obligor hereby irrevocably authorizes and instructs the Agent or any Lender to withdraw from or debit, from time to time when such amounts become due and payable, any account of such Obligor maintained with BNS or any other Lender or any of their respective Affiliates for the purpose of satisfying payment thereof.
Authority to Debit. PAD Account You authorize RMFI (and any third party acting on our behalf) to debit your account (the “PAD Account”) at a Processing Member for the purpose of effecting certain pre-authorized transactions in your Account, or otherwise in the amount, and with the frequency of timing, and other instructions that you provide to us from time to time. The instructions you provide to us in this regard, along with this Agreement, constitute your “Payor’s Authorization for Pre-Authorized Debitsin accordance with the requirements of the CPA’s Rule H1. For the purposes of this Agreement, pre-authorized transactions (collectively “PADs”) include, without limitation, pre-authorized transfers of funds, pre-authorized contributions to your registered accounts, pre-authorized mutual fund purchases or redemptions and pre-authorized payment instructions from your account.
Authority to Debit. The Bank is authorised to debit any account of the Mortgagor with any amount of Secured Indebtedness due from time to time, The Bank may exercise this right even if the account concerned is already in debit, and even if the amount debited takes the debit balance of the account over any approved limit.
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Authority to Debit. PSBank has the sole option to debit any and/or all of Client’s deposit accounts to cover the payment in full any loan obligation due or all such other amounts the time that the same is due including penalty charges on any or all such overdue amounts provided for in this Agreement and such other documents executed in connection therewith.
Authority to Debit. (a) Subject to clause 8.2(c), the Customer authorises Nutrien to debit any amount payable by the Customer under the Agreement to the Trading Account, so that it forms part of the Account Balance. These amounts may include interest, fees, other charges and costs, or any other amount comprised in the Outstanding Amount. Nutrien may apply these amounts to the Account Balance as at the date Nutrien debits it or the date it is due.

Related to Authority to Debit

  • Authority to Sell The execution and delivery of this Agreement, and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors;

  • Authority to Bind Each individual who executes this Agreement on behalf of a party represents that he/she is duly authorized to execute this Agreement on behalf of that party and is operating within the scope of his/her authority.

  • Authority to Sign If this document is not signed by all of the persons comprising the Supplier, any person who has signed this document warrants to DFMC that it is duly authorised to sign and bind all the persons comprising the Supplier.

  • Authority to File The Aggrieved Person may request an expedited Appeal either orally or in writing.

  • AUTHORITY TO MODIFY Pursuant to the Financial Regulations and Rules of UNDP, only the UNDP Authorized Official possesses the authority to agree on behalf of UNDP to any modification of or change in this Agreement, to a waiver of any of its provisions or to any additional contractual relationship of any kind with the Contractor. Accordingly, no modification or change in this Contract shall be valid and enforceable against UNDP unless provided by an amendment to this Agreement signed by the Contractor and jointly by the UNDP Authorized Official.

  • Authority to Act Architect/Engineer warrants, represents, and agrees that (1) it is a duly organized and validly existing legal entity in good standing under the laws of the state of its incorporation or organization; (2) it is duly authorized and in good standing to conduct business in the State of Texas; (3) it has all necessary power and has received all necessary approvals to execute and deliver this Agreement; and (4) the individual executing this Agreement on behalf of Architect/Engineer has been duly authorized to act for and bind Architect/Engineer.

  • Authority to Execute Each person executing this Agreement represents and warrants that he or she is duly authorized and has legal authority to execute and deliver this Agreement. Each party represents and warrants to the other that the execution and delivery of this Agreement and the performance of such party’s obligations hereunder have been duly authorized. [Signatures on Following Page]

  • Authority to Borrow Evidence that the execution, delivery and performance by the Borrower of this Agreement and any document, instrument or agreement required hereunder have been duly authorized.

  • No Authority to Bind Consultant shall have no power or authority to execute any agreements or contracts for or on behalf of the Company nor to bind the Company in any other manner.

  • Authority to Bind Parties Neither party in the performance of any and all duties under this Agreement, except as otherwise provided in this Agreement, has any authority to bind the other to any agreements or undertakings.

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