Common use of Bank as Principal Depository Clause in Contracts

Bank as Principal Depository. To, and cause each of its Subsidiaries to, maintain Bank of America as one of its primary depository banks, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 2 contracts

Samples: Credit Agreement (Mercury General Corp), Credit Agreement (Mercury General Corp)

AutoNDA by SimpleDocs

Bank as Principal Depository. To, and cause each of its Subsidiaries to, maintain Bank of America as one of its primary depository banksbank, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 2 contracts

Samples: Credit Agreement (Mercury General Corp), Credit Agreement (Mercury General Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!