Common use of Direct Debit Clause in Contracts

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 owned by the Borrower or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 4 contracts

Samples: Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair LLC)

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Direct Debit. (a) The Borrower agrees that on the Due Date date each payment of principal or interest or any fees from the Borrower under this Agreement becomes due the Bank will automatically debit the Billed Amount such amounts from deposit account number MA-4634434352 003927991969 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 2 contracts

Samples: Loan Agreement (Gse Systems Inc), Loan Agreement (Gse Systems Inc)

Direct Debit. (a) The Borrower agrees that on the each Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 owned by the Borrower or such other one of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 2 contracts

Samples: Loan Agreement (Grand Canyon Education, Inc.), Loan Agreement (Grand Canyon Education, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 PA-004678015588 owned by the Borrower Saker Aviation Services, Inc. or such other of the Borrower’s 's accounts with the Bank as designated in writing by the Borrower (the "Designated Account").

Appears in 1 contract

Samples: Loan Agreement (Saker Aviation Services, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 2801402484 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Redhook Ale Brewery Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 owned by the Borrower Borrower’s Deposit Account, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”)Borrower.

Appears in 1 contract

Samples: Credit Loan Agreement (Breeze-Eastern Corp)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 GA-334025804410 owned by the Borrower or such other of the Borrower’s 's accounts with the Bank as designated in writing by the Borrower (the "Designated Account").,

Appears in 1 contract

Samples: Loan Agreement (Mimedx Group, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 0000000 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Graham Corp)

Direct Debit. (a) The Borrower agrees Borrowers agree that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 CA-12330-24344 owned by the Borrower Borrowers or such other of the Borrower’s Borrowers’ accounts with the Bank as designated in writing by the Borrower Borrowers (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Resources Connection Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 001-004035 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Holding Company Loan Agreement (Intermountain Community Bancorp)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 MA-009419954701 owned by the Borrower or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Technical Communications Corp)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 00000000 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Second Amended and Restated Loan Agreement (Chase Corp)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 CA-14993-14357 owned by the Borrower Borrower, or such other of the Borrower’s 's accounts with the Bank as designated in writing by the Borrower (the "Designated Account").

Appears in 1 contract

Samples: Loan Agreement (American Shared Hospital Services)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 OR-002801902675 owned by the Borrower or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Schmitt Industries Inc)

Direct Debit. (a) The Borrower agrees that on the each Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 2017330457 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (hereinafter referred to as the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Immunomedics Inc)

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Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 owned by the Borrower or such other of the Borrower’s accounts 's deposit account(s) with the Bank as designated in writing by the Borrower (the "Designated Account").

Appears in 1 contract

Samples: Loan Agreement (Nu Skin Enterprises Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 IL-5800322850 owned by the Borrower eLoyalty Corporation or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Eloyalty Corp)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 _____ owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Game Trading Technologies, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 CT -0000000 owned by the Borrower or such other of the Borrower’s 's accounts with the Bank as designated in writing by the Borrower (the "Designated Account").

Appears in 1 contract

Samples: Loan Agreement (Connecticut Water Service Inc / Ct)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 003927991969 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Gse Systems Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 485005354897 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the "Designated Account").

Appears in 1 contract

Samples: Loan Agreement (Key Technology Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 11863-19219 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Super Micro Computer, Inc.)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 OR-002801902675 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: First Amended And (Schmitt Industries Inc)

Direct Debit. (a) The Borrower agrees that on the Due Date the Bank will debit the Billed Amount from deposit account number MA-4634434352 0000-0-00000 owned by the Borrower Borrower, or such other of the Borrower’s accounts with the Bank as designated in writing by the Borrower (the “Designated Account”).

Appears in 1 contract

Samples: Loan Agreement (Move Inc)

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