Common use of Authorization to Charge Account Clause in Contracts

Authorization to Charge Account. The Borrowers hereby authorize the Agent to charge the Borrowers' Revolving Loan accounts with the amount of all payments and fees due hereunder to the Lenders, the Agent and the Issuing Bank as and when such payments become due. The Borrowers confirm that any charges which the Agent may so make to the Borrowers' Revolving Loan accounts as herein provided will be made as an accommodation to the Borrowers and solely at the Agent's discretion.

Appears in 5 contracts

Samples: Credit Agreement (Fresh Foods Inc), Credit Agreement (MST Enterprises Inc), Credit Agreement (Chiquita Brands International Inc)

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Authorization to Charge Account. The Borrowers hereby authorize the Agent to charge the Borrowers' Revolving Loan accounts with the amount of all payments payments, fees and fees expenses due hereunder to the Lenders, the Agent and the Issuing Bank as and when such payments become due. The Borrowers confirm that any charges which the Agent may so make to the Borrowers' Revolving Loan accounts as herein provided will be made as an accommodation to the Borrowers and solely at the Agent's discretion.

Appears in 2 contracts

Samples: Credit Agreement (Nationsrent Companies Inc), Credit Agreement (Nationsrent Companies Inc)

Authorization to Charge Account. The Borrowers hereby authorize the Administrative Agent to charge the Borrowers' Revolving Loan accounts with the amount of all payments and fees and expenses due hereunder to the Lenders, the Agent Administrative Agent, and the Issuing Bank Lender as and when such payments become due. The Borrowers confirm that any charges which the Agent may so make to the Borrowers' Revolving Loan accounts as herein provided will be made as an accommodation to the Borrowers and solely at the Agent's discretion.

Appears in 2 contracts

Samples: Pledge Agreement (Wolverine Tube Inc), Credit Agreement (Wolverine Tube Inc)

Authorization to Charge Account. The Borrowers hereby authorize the Agent to charge the Borrowers' Revolving Loan accounts with the amount of all payments and fees due hereunder to the Lenders, the Agent and the Issuing Bank as and when such payments become due. The Borrowers confirm that any charges which the Agent may so make to the Borrowers' Revolving Loan accounts as herein provided will be made as an accommodation to the Borrowers and solely at the Agent's ’s discretion.

Appears in 1 contract

Samples: Credit Agreement (Coleman Cable, Inc.)

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Authorization to Charge Account. The Borrowers hereby authorize the Agent to charge the Borrowers' Revolving Loan accounts loan account of Borrowers with the amount of all payments and fees due hereunder under this Section 2.06 or any other provision hereof to the Lenders, the Agent and the Issuing Bank as and when such payments become due. The Borrowers confirm that any charges which the Agent may so make to the Borrowers' Revolving Loan loan accounts of Borrowers as herein provided will be made as an accommodation to the Borrowers and solely at the Agent's discretion.

Appears in 1 contract

Samples: Loan Agreement (Aerobic Creations, Inc.)

Authorization to Charge Account. The Borrowers Borrower hereby authorize authorizes the Agent to charge the Borrowers' Borrower's Revolving Loan accounts with the amount of all payments and fees due hereunder to the Lenders, the Agent and the Issuing Bank as and when such payments become due. The Borrowers confirm Borrower confirms that any charges which the Agent may so make to the Borrowers' Borrower's Revolving Loan accounts as herein provided will be made as an accommodation to the Borrowers Borrower and solely at the Agent's discretion.

Appears in 1 contract

Samples: Credit Agreement (National Equipment Services Inc)

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