Common use of Average balance Clause in Contracts

Average balance. As of the date falling 3 months after the first Delivery Date, the Borrowers shall ensure that there is at all times credited to deposit accounts at the Bank in the names of either Borrower and/or the Corporate Guarantor and the Earnings Account and the Retention Account, an average balance of $2,000,000 per month.

Average balance. As of the date falling 3 months after the first Delivery Date, the Borrowers Borrower shall ensure that there is at all times credited to deposit accounts at the Bank in the names of either the Borrower and/or the Corporate Guarantor and the Earnings Account and the Retention Account, an average balance of $2,000,000 3,000,000 per month.

Average balance. As of the date falling 3 months after the first Delivery Date, the Borrowers Borrower shall ensure that there is at all times credited to deposit accounts at the Bank in the names of either the Borrower and/or the Corporate Guarantor and the Earnings Account and the Retention Account, an average balance of $2,000,000 per month.