Deposit Relationship Sample Clauses
Deposit Relationship. Borrower shall maintain its primary depository account and cash management account with Bank.
Deposit Relationship. The Borrower shall establish and maintain their primary deposit relationship with a bank reasonably acceptable to the Lender.
Deposit Relationship. Maintain with Bank a cash concentration account for cash needed above regular operations plus any other amount needed for performance of this Agreement and the Notes.
Deposit Relationship. The Borrower will, and will cause each of its Subsidiaries to, maintain its primary depository and treasury management services with the Lender.
Deposit Relationship. The Guarantor shall maintain its primary deposit relationship with the Bank and shall establish a deposit account and cash management facility with the Bank.
Deposit Relationship. Except for demand depositary accounts maintained by Subsidiaries of Borrower for the purposes of facilitating deposits of collections in the ordinary course of business and of providing a source of daily pxxxx cash requirements, Borrower will at all times during the term of this Agreement maintain, and cause its Subsidiaries (other than the Excluded Subsidiaries) to maintain, general operating accounts and day-to-day cash management accounts with Lender.
Deposit Relationship. Restricted Persons shall at all times utilize and maintain Lender as Restricted Persons’ primary depository and treasury management services provider for their operational, business deposit accounts.
Deposit Relationship. Borrower shall at all times maintain a deposit account with Bank to be used for Hotel operations during the term of the Loans (the "Operating Account"). The funds deposited into local bank accounts for each Hotel shall be swept into the Operating Account at the Bank a minimum of two (2) times per week; provided, however, that such local bank accounts shall maintain funds sufficient to satisfy minimum deposit requirements not in excess of $1,000 per account. Upon the occurrence and continuance of an Event of Default, the Bank is authorized to immediately sweep the funds located in local bank accounts for each Hotel into the Operating Account at the Bank.
Deposit Relationship. Borrower agrees that until such time as Borrower is no longer subject to the terms of this Agreement, any Related Document, any other credit agreement(s) with Lender, Borrower shall maintain all of its cash and cash equivalents in accounts established and maintained with Lender and Borrower's primary deposit account(s) will be placed and maintained with Lender, or a bank affiliated with Lender, except for amounts as may be reasonably be required for the operation and maintenance of Borrower's operations outside of the Untied States.
Deposit Relationship. Borrower shall maintain all of Borrower’s operating accounts with Xxxxxxx for the term of the Loan. Bonower acknowledges that Xxxxxxx may, notwithstanding anything in the promissory note, elect to raise the interest rate on the Loan by one percent (1.0%) beginning ten (10) days after written notice is mailed if the deposit accounts are not maintained as agreed. Borrower may request in writing that the interest rate on the Loan revert back to its one percent (1%) lower rate following the end of the calendar month in which the deposit accounts required by this Section. F1(1) was maintained. The rate will be reduced effective with the next monthly billing cycle.