Charging Accounts. Borrower hereby irrevocably authorizes Lender and each Affiliate of Lender to charge any account of Borrower maintained with Lender or such Affiliate with such amounts as may be necessary from time to time to pay any Obligations which are not paid when due.
Charging Accounts. Whenever Borrowers are obligated, pursuant to Article II hereof, or pursuant to the Notes or any other Loan Document, to make payments of any nature to Agent or Lenders, Agent shall be entitled, and each Borrower, by its execution of the Notes or a Joinder thereto, authorizes Agent, to draw against any Deposit Account owned by such Borrower at Agent on account of such fees and expenses or payments due. Agent shall deliver to the subject Borrower a notice setting forth, in reasonable detail, the amount of the fees, expenses and/or payments to be satisfied by such draw, and the name or number of the account or accounts from which the draw was made. Any such charge shall be subject to the provisions of Section 11.14 hereof relating to the sharing of recoveries among Lenders.
Charging Accounts. Whenever Borrowers are obligated, pursuant to Article 2 or Section 1.6 hereof, or pursuant to the Notes, or any other Loan Document, to make payments of any nature to Bank, Bank shall be entitled, and each Borrower hereby authorizes Bank to draw against any deposit account owned by such Borrower at Bank on account of such fees and expenses or payments due. Upon such drawing, Bank shall deliver to each Borrower a notice setting forth, in reasonable detail, the amount of the fees, expenses and/or payments to be satisfied by such draw, and the name or number of the account or accounts from which the draw was made.
Charging Accounts. Agent is hereby authorized, on or after the due date, to charge the Operating Account and/or the Cash Collateral Account with the amount of all principal and interest payments due under this Agreement, the Notes or the other Loan Documents, and, in addition, upon the occurrence and during the continuation of an Event of Default, the Agent is hereby authorized on or after the due date, to charge the Operating Account and/or the Cash Collateral Account with the amount of all unpaid fees, costs and expenses to which the Agent and the Lenders are entitled under this Agreement. The failure of Agent to so charge any such account shall not affect or limit the Borrower’s obligation to make any required payment.
Charging Accounts. The Agent is hereby authorized, on or after the due date, to charge the Cash Collateral Account, the Operating Accounts and/or the Funding Account with the amount of all principal and interest payments due under this Agreement, the Notes or the other Loan Documents for which the Borrowers are liable hereunder and upon the occurrence and during the continuation of an Event of Default, the Agent or any of the Lenders is hereby authorized on or after the due date, to so charge such accounts at the Agent, or any other deposit account of the Borrowers at the Agent or any of the Lenders, with the amount of all unpaid fees, costs and expenses to which the Agent and the Lenders are entitled under this Agreement. The failure of the Agent to so charge such accounts shall not affect or limit the Borrowers’ obligation to make any required payment.
Charging Accounts. The Borrowers authorize the Agent to charge the accounts of the Borrowers, on the dates when the amounts thereof become due and payable, with the amounts of the principal of and interest on the Loans, commitment fees and all other fees and amounts owing under any Credit Document.
Charging Accounts. Administrative Agent is hereby authorized, on or after the due date therefor, to charge (without duplication), first, the Cash Collateral Account and, second, to the extent funds in the Cash Collateral Account are insufficient, the Operating Account, for the amount of all principal and interest payments from time to time due under this Agreement, the Warehousing Notes or the other Loan Documents and upon and during the continuation of an Event of Default, Administrative Agent is hereby authorized on or after the due date, to charge (without duplication) the Operating Account, Cash Collateral Account and/or any other non-third party custodial deposit account of Borrower at Administrative Agent or any Lender, with the amount of all unpaid Fees, other fees, costs, expenses and other amounts to which Administrative Agent and Lenders are entitled under this Agreement. Neither the failure of Administrative Agent or any Lender to so charge such account, nor the insufficiency of funds therein shall affect or limit Borrower’s obligation to make any required payment. Administrative Agent will notify Borrower promptly after any such charge against any such accounts.
Charging Accounts. Agent is hereby authorized, on or after the due date, to charge the Cash Collateral Account at Agent with the amount of all principal and interest payments due under this Agreement, the Notes or the other Loan Documents and upon the occurrence and during the continuation of an Event of Default, the Agent or any of the Lenders is hereby authorized on or after the due date, to charge such account at Agent, or any other deposit account of the Borrower at Agent or any of the Lenders, with the amount of all unpaid fees, costs and expenses to which the Agent and the Lenders are entitled under this Agreement. The failure of Agent to so charge such account shall not affect or limit the Borrower's obligation to make any required payment.
Charging Accounts. Lender is hereby authorized, on or after the due date, to charge the Lender Only Account and/or the Clearing Account (but without duplication) with the amount of all principal and interest payments due under this Agreement, the Warehousing Note or the other Loan Documents and upon the occurrence and during the continuation of an Event of Default, Lender is hereby authorized on or after the due date, to charge (but without duplication) such Lender Only Account, the Clearing Account, and/or any other account that is not a Third Party Deposit Account, with the amount of all unpaid fees, costs and expenses to which Lender is entitled under this Agreement. The failure of Lender to so charge such account shall not affect or limit Borrowers’ obligation to make any required payment. End of Article 3
Charging Accounts. Administrative Agent is hereby authorized, on or after the due date therefor, to charge the Funding Account, Operating Account and/or Cash Collateral Account for the amount of all principal and interest payments, Fees, and any other amounts from time to time due under this Agreement, the Warehousing Notes or the other Loan Documents and upon the occurrence of an Event of Default which has not been waived in writing by the Administrative Agent, Administrative Agent is hereby authorized on or after the due date, to charge such Funding Account, Operating Account, Cash Collateral Account and/or any other non-third party custodial deposit account of Borrower at Administrative Agent or any Lender, with the amount of all unpaid Fees, other fees, costs and expenses to which Administrative Agent and Lenders are entitled under this Agreement. Neither the failure of Administrative Agent or any Lender to so charge such account, nor the insufficiency of funds therein shall affect or limit Borrower’s obligation to make any required payment.
