Company Bank Account. Company shall use its best efforts to: (a) maintain a banking relationship with Company Bank or other qualified commercial bank; (b) ensure that all payments to Company from whatever source shall be deposited into Company account described in Schedule 5.11, or successor account thereto; (c) ensure that such account has a balance in excess of the amount due to Lender on each date that a payment pursuant to this Agreement is due; and (d) ensure that the Applicable Revenue Percentage is transferred to Lender Account on a monthly basis in accordance with this Agreement. Company shall within five business days notify Lender in writing of any change in its banking relationship (whether such change is within Company’s current bank or to another bank) and shall provide Lender with new contact information and account details for all new bank accounts.
Company Bank Account. A checking account shall have been established for the Company.
Company Bank Account. All funds of the Company shall be deposited in the Company’s name in such financial institutions or banks, and all withdrawals therefrom shall be upon such signatures as the Manager may from time to time determine.
Company Bank Account. Company shall use its best efforts to: (i) maintain a banking relationship with Company Bank or other qualified commercial bank; (ii) ensure that all payments to Company (and all Subsidiaries) from whatever source shall be deposited into the Company account described in Schedule 5.11., or successor account thereto; (iii) ensure that such account shall have a balance in excess of the amount due to the Lender on each date that a payment pursuant to this Agreement is due; and (iv) ensure that the Applicable Revenue Percentage shall be transferred to the Lender Account on a monthly basis in accordance with this Agreement. Company shall within five (5) business days notify the Lender in writing of any change in its banking relationship (whether such change is within Company’s current bank or to another bank) and shall provide Lender with new contact information and account details for all new bank accounts.
Company Bank Account. 3.29(i) Company Benefit Plans..............................................................................3.12(a) Company Board.......................................................................................3.3(b) Company Common Stock...............................................................................2(a)(i) Company Confidential Information...................................................................3.20(p) Company Consents......................................................................................6.13
Company Bank Account. The Managing Member shall arrange to maintain the cash deposits of the Company or the Subsidiaries in one or more segregated accounts held for the business of the Company or the Subsidiaries, which accounts shall, to the extent reasonably practicable, be interest bearing and shall only be with KeyBank National Association or such other banks or other depositary institutions approved by Madison Member in advance. The Managing Member shall ensure that at all times at least one individual designated by Madison Member (which initially shall be Xxxxxx X. Xxxxxxxxx) is included among the persons having signing authority (e.g., rights of direction and withdrawal) in respect of each bank account in which any funds of the Company or the Subsidiaries are to be deposited. Madison Member agrees that the signatory which it designates shall not withdraw funds from any such bank accounts unless a Plymouth Default has occurred.
Company Bank Account. All finds of the Company shall be deposited in the Company's name in such bank or banks, and all withdrawals therefrom shall be upon such signatures, as may from time to time be determined by the Board of Managers Action.
Company Bank Account. Company shall use its best efforts to: (a) maintain a banking relationship with Company Bank or other qualified commercial bank; (b) [reserved]; and (c) ensure that the Company’s Deposit Account described in Schedule 5.10 has a balance in excess of the amount due to Lender on each date that a payment pursuant to this Agreement is due. Following any change in Company’s banking relationship (whether such change is within Company’s current bank or another bank), Company shall (i) within five business days notify Lender in writing of any such change in its banking relationship and shall provide Lender with new contact information and account details for all new Deposit Accounts, and (ii) promptly, and in any event within 30 days following such change in its banking relationship (or such later date as Lender may approve in its sole discretion), establish, within 30 days of making such banking relationship change, a springing Deposit Account Control Agreement in a form acceptable to Lender with respect to each new Deposit Account, other than zero balance accounts.
Company Bank Account. Company shall use its best efforts to: (a) maintain a banking relationship with Company Bank or other qualified commercial bank; (b) ensure that all payments to Company from whatever source shall be deposited into Company account described in Schedule 5.10, or successor account thereto; (c) ensure that such account has a balance in excess of the amount due to Lender on each date that a payment pursuant to this Agreement is due; and (d) ensure that each required payment is transferred to Lender Account on a monthly basis in accordance with this Agreement. Following any change in Company’s banking relationship (whether such change is within Company’s current bank or another bank), Company shall (i) within five business days notify Lender in writing of any such change in its banking relationship and shall provide Lender with new contact information and account details for all new Deposit Accounts, and (ii) promptly, and in any event within 15 days following such change in its banking relationship (or such later date as Lender may approve in its sole discretion), establish a Deposit Account Control Agreement in a form acceptable to Lender with respect to each new Deposit Account.
Company Bank Account. Any funds to be disbursed to the Company’s account pursuant to this Agreement shall be disbursed as follows: NewAlliance Bank 000 Xxxxxx Xxxxxx Xxx Xxxxx, XX 00000 ABA#: 000000000 Account Number: 7001166434 Account Name: CAS Medical Systems, Inc.
