Debit Authorization. The Borrower authorizes and directs the Agent and the Swing Line Lender, in its discretion, to automatically debit, by mechanical, electronic or manual means, the bank accounts of the Borrower maintained by it for any amounts (including principal, interest or fees) that are due and payable under this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Penn West Energy Trust), Credit Agreement (Penn West Energy Trust), Credit Agreement (ENERPLUS Corp)
Debit Authorization. The Borrower authorizes and directs the Agent and the Swing Line Operating Lender, in its their discretion, to automatically debit, by mechanical, electronic or manual means, the bank accounts of the Borrower maintained by it for any amounts (including principal, interest or fees) that are due and payable under this Agreement.
Appears in 1 contract
Samples: Credit Agreement
Debit Authorization. The Borrower authorizes and directs the Agent and the Swing Line LenderAgent, in its discretion, to automatically debit, by mechanical, electronic or manual means, the bank accounts of the Borrower maintained by it for any amounts (including principal, interest or fees) that are due and payable under this Agreement.
Appears in 1 contract
Samples: Agreement
Debit Authorization. The Borrower authorizes and directs the Agent and the Swing Line Lender, in its their respective discretion, to automatically debit, by mechanical, electronic or manual means, the bank accounts of the Borrower maintained by it them respectively for any amounts (including principal, interest or fees) that are due and payable under this Agreement.
Appears in 1 contract
