Debit Authorization. The Borrower authorizes and directs the Lender to automatically debit, by mechanical, electronic or manual means, any of its bank accounts for all amounts payable by any Credit Party to the Lender on account of principal, interest or fees (other than legal fees of counsel to the Lender and fees to any agent or consultant of the Lender) pursuant to the Credit Documents when due.
Appears in 2 contracts
Sources: Credit Agreement, Credit Agreement (DAVIDsTEA Inc.)