Common use of Depository Relationship Clause in Contracts

Depository Relationship. To induce the Lender to establish the interest rates provided for in the Notes, the Borrower will use the Lender as its principal depository bank and the Borrower covenants and agrees to maintain the Lender as its principal depository bank, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 2 contracts

Samples: Loan Agreement (Rf Monolithics Inc /De/), Loan Agreement (Rf Monolithics Inc /De/)

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Depository Relationship. To induce the Lender to establish the interest rates provided for in the NotesNote, the Borrower Borrowers will use the Lender as its principal depository bank and the Borrower covenants Borrowers covenant and agrees agree to maintain the Lender as its their principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 2 contracts

Samples: Credit Agreement (Adams Golf Inc), Credit Agreement (Adams Golf Inc)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the NotesNote, the Borrower will use the Lender as its principal depository bank and the Borrower covenants and agrees to maintain the Lender as its principal depository bank, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Interphase Corp)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the Notes, the Borrower will use the Lender as its principal depository bank and the Borrower covenants and agrees to maintain the Lender as its principal depository bank, including for the maintenance of business, cash management, operating and administrative deposit accountsaccounts for the term hereof.

Appears in 1 contract

Samples: Loan Agreement (Quest Resource Holding Corp)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the Notes, the Borrower will Related Parties have established and use the Lender as its their principal depository bank and the Borrower covenants Related Parties covenant and agrees agree to maintain the Lender as its their principal depository bank, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Sielox Inc)

Depository Relationship. To induce the Lender Bank to establish the interest rates provided for in the NotesNote, and if and to the extent permitted by applicable laws, Borrower will use the Lender as its principal depository bank and the Borrower covenants and agrees to maintain the Lender Bank as its principal depository bank, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

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Depository Relationship. To induce the Lender to establish the interest rates provided for in the NotesNote, Borrower shall establish and maintain with Lender a deposit account (the Borrower will use the Lender “Reserve Account”) to be used as its principal depository bank and the Borrower covenants and agrees to maintain the Lender as its principal depository bank, including for the maintenance an operating account of business, cash management, operating and administrative deposit accountsBorrower.

Appears in 1 contract

Samples: Credit Agreement (Lm Funding America, Inc.)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the NotesRevolving Credit Note, the Borrower will use the Lender as its principal depository bank and and, except as otherwise disclosed on the Disclosure Schedule, the Borrower covenants and agrees to maintain the Lender as its principal depository bank, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Advanced Environmental Recycling Technologies Inc)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the Notes, the Borrower Borrowers will use the Lender as its principal depository bank and the Borrower covenants Borrowers covenant and agrees agree to maintain the Lender as its principal depository bank, including for the maintenance of business, cash management, operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Integrated Performance Systems Inc)

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