Debit Account Sample Clauses
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Debit Account. Borrower agrees that the interest and principal payments and any fees will be deducted automatically on the due date from such of Borrower’s accounts with Lender as designated in writing by Borrower. This authorization shall not affect the obligation of Borrower to pay such sums when due, without notice, if there are insufficient funds in such account to make such payment in full on the due date thereof, or if Lender fails to debit such account.
Debit Account. Notwithstanding anything to the contrary contained herein, the Administrative Agent shall be permitted to, at any time without notice, debit the Debit Account for any and all fees and expenses now or hereafter payable under this Agreement when due. In the event there are insufficient funds in the Debit Account to cover the payment of such fees and expenses, Borrower shall arrange for payment when due of such fees and expenses as otherwise required by this Agreement.
Debit Account. Notwithstanding Clause 3.3 above, in the case where the Card Account includes a Debit Account, we may request each holder of the Card to maintain a separate Debit Account with us, from which Debit Transactions are effected.
Debit Account. This account is a record of your money deposited with us and available to you for purchasing products and services wherever the Speed Demon Card is accepted. There is no interest earned on balances. You may not use the Speed Demon Card as a credit card, nor to obtain cash, and you may not transfer your account. Your card will be activated when you deposit twenty five U.S. dollars ($25) or more on to your account. You may add additional funds to your account at any time in the amount of U.S. $1 or more. You may make a check or money order deposit in person or by mail at the Speed Demon Card office or visit the Re-Loading station (CSVT) at the NSU ▇▇▇▇▇▇ Library. Check or money order deposits will be credited to your account by the close of the business day following receipt. Cash deposits at any CSVT will be available immediately in your account. Statements of account activity are available through the Speed Demon office. No change is given from a (CSVT).
Debit Account. Refers to the account number where the Total Amount of the MCs contained in the MC Print Request and the corresponding charges, commissions, documentary stamps tax, and other fees of the BANK shall be debited from.
Debit Account. Borrower authorizes Agent to effect the payment of sums due by Borrower under this Agreement by means of debiting the Designated Account. This authorization shall not affect the obligation of Borrower to pay such sums when due, without notice, if there are insufficient funds in such account to make such payment in full on the due date thereof, or if Agent fails to debit such account.