Loan Sweep Services. You may designate one or more Loan Sweeps by designating the Loan Account(s) on the Sweep Services Form as part of Customer’s Account hierarchy, for the BAS Services or other Sweep Services between Accounts. Loan Sweeps to Deposit Account. You request and authorize us without any further request or authorization from you, to make advances under the Loan in increments in the amount specified in the Sweep Service Form, for deposits into a Balance Account if the funds in the Account are less than the Sweep Balance, or other amount designated on the form for Sweep Services. However, you acknowledge and agree that we are not required to make the Loan Sweep(s) if (1) all conditions of the Loan are not satisfied or (2) at Bank’s discretion upon prior written notice. However, you acknowledge and agree that we may make the decision to make such Sweeps at our discretion at any time, and you will be obligated for the funds advanced from the Loan Account for Sweep Services. Loan Sweeps to Loan Account. You request and authorize us, without any further request or authorization from you, to Sweep from Account(s) to the Loan Account either the amount in the Balance Account in excess of the Sweep Balance or from other Accounts, both in amounts as designated in the Sweep Service Form, which amounts will be calculated as specified in the Sweep Service Form at the end of any Business Day and apply such amounts to the Loan Account indebtedness.
Loan Sweep Services. You may designate one or more Loan Sweeps by designating the Loan Account(s) on the Sweep Services Form as part of Customer’s Account hierarchy, for the BAS Services or other Sweep Services between Accounts.
