Common use of Depository Banks Clause in Contracts

Depository Banks. The Borrower will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

Appears in 3 contracts

Samples: Credit Agreement (CompoSecure, Inc.), Credit Agreement (CompoSecure, Inc.), Credit Agreement (CompoSecure, Inc.)

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Depository Banks. The Borrower Borrowers will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

Appears in 3 contracts

Samples: Credit Agreement (GLOBAL INDUSTRIAL Co), Credit Agreement (GLOBAL INDUSTRIAL Co), Credit Agreement (Systemax Inc)

Depository Banks. The Each Borrower and each Subsidiary will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, investment and other deposit accounts for the conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (HF Foods Group Inc.)

Depository Banks. The Borrower Borrowers and their Subsidiaries will maintain the Administrative Agent Agent, or another Lender or other bank acceptable to the Administrative Agent, as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (Visteon Corp)

Depository Banks. The Each Borrower and each Subsidiary will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (Coolbrands International Inc)

Depository Banks. The Borrower and each Subsidiary will maintain utilize the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (Us Concrete Inc)

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Depository Banks. The Each Borrower and each Subsidiary will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, activity and other deposit accounts for the conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (Friedman Industries Inc)

Depository Banks. The Borrower Loan Parties and their Subsidiaries will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its their business.

Appears in 1 contract

Samples: Credit Agreement (Escalade Inc)

Depository Banks. The Borrower and each Subsidiary will maintain the Administrative Agent or any Lender as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business, so long as the costs of such services are commercially reasonable and customary.

Appears in 1 contract

Samples: Credit Agreement (Emmis Communications Corp)

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