Common use of Deposits; Bank Services Clause in Contracts

Deposits; Bank Services. Maintain at the Lender all of the Credit Parties’ primary depository accounts, with exceptions permitted for accounts maintained for convenience in other geographical locations for the temporary deposit of receipts or accounts justified by Credit Parties’ need for services that Lender cannot reasonably provide.

Appears in 3 contracts

Samples: Credit Facility Agreement (Iec Electronics Corp), Credit Facility Agreement (Iec Electronics Corp), Credit Facility Agreement (Iec Electronics Corp)

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Deposits; Bank Services. Maintain at the Lender all of the Credit Parties’ primary depository accounts, with exceptions permitted for accounts maintained for convenience in other geographical locations for the temporary deposit of receipts or accounts justified by Credit Parties’ need for services that Lender cannot reasonably providereceipts.

Appears in 2 contracts

Samples: Credit Facility Agreement (Iec Electronics Corp), Credit Facility Agreement (Iec Electronics Corp)

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Deposits; Bank Services. Maintain at the Lender all of the Credit Parties’ primary depository accounts, with exceptions exceptions, subject to Section 10.15 hereof, permitted for accounts maintained for convenience in other geographical locations for the temporary deposit of receipts or accounts justified by Credit Parties’ need for services that Lender cannot reasonably provide.

Appears in 1 contract

Samples: Credit Facility Agreement (Iec Electronics Corp)

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