Common use of Depository Banks Clause in Contracts

Depository Banks. The Borrower and each Subsidiary will maintain the 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.

Appears in 3 contracts

Samples: Credit Agreement (SJW Group), Credit Agreement (Neogen Corp), Credit Agreement (Rand Worldwide Inc)

AutoNDA by SimpleDocs

Depository Banks. The Borrower and each domestic Subsidiary will maintain the 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.

Appears in 2 contracts

Samples: Credit Agreement (Mam Software Group, Inc.), Credit Agreement (Mam Software Group, Inc.)

Depository Banks. The Borrower Each of the Borrowers and each Subsidiary their Domestic Subsidiaries will maintain the 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.

Appears in 1 contract

Samples: Credit Agreement (Par Technology Corp)

Depository Banks. The Borrower and each Subsidiary will maintain the Lender as its principal depository bankbank in the United States, including for the maintenance of operating, administrative, cash management, collection activity, and other domestic deposit accounts for the conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (Par Technology Corp)

AutoNDA by SimpleDocs

Depository Banks. The Borrower and each domestic Subsidiary will maintain the 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.

Appears in 1 contract

Samples: Credit Agreement (Utah Medical Products Inc)

Depository Banks. The Borrower Borrowers and each Subsidiary their Subsidiaries will maintain the 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.

Appears in 1 contract

Samples: Credit Agreement (Echo Global Logistics, Inc.)

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