Common use of Charging Accounts Clause in Contracts

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.

Appears in 4 contracts

Sources: Loan and Security Agreement (ScripsAmerica, Inc.), Loan and Security Agreement (Zynex Inc), Loan and Security Agreement (Zynex Inc)

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 owed by Borrower which are not paid when due.

Appears in 2 contracts

Sources: Loan and Security Agreement (Tattooed Chef, Inc.), Loan and Security Agreement (Radisys Corp)

Charging Accounts. Each Borrower hereby irrevocably authorizes Lender ▇▇▇▇▇▇ and each Affiliate of Lender to charge any account of such Borrower maintained with Lender or such Affiliate with such amounts as may be necessary from time to time to pay any Obligations owed by Borrowers which are not paid when due.. Section 3.4

Appears in 1 contract

Sources: Senior Secured Super Priority Priming Debtor in Possession Loan and Security Agreement (Tattooed Chef, Inc.)

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.

Appears in 1 contract

Sources: Loan and Security Agreement (Dallas Gold & Silver Exchange Inc /Nv/)

Charging Accounts. Each Borrower hereby irrevocably authorizes Lender and each Affiliate of Lender to charge any account of such Borrower maintained with Lender or such Affiliate with such amounts as may be necessary from time to time to pay any Obligations owed by Borrowers which are not paid when due.

Appears in 1 contract

Sources: Loan and Security Agreement (Scott's Liquid Gold - Inc.)

Charging Accounts. Each Borrower hereby irrevocably authorizes Lender and each Affiliate of Lender to charge any account of such 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.

Appears in 1 contract

Sources: Loan and Security Agreement (Mendocino Brewing Co Inc)