Maintain Accounts Sample Clauses
Maintain Accounts. Each Lender shall maintain in accordance with its usual practice accounts evidencing the amounts from time to time lent by and owing to it under this Agreement.
Maintain Accounts. Pursuant to the provisions of this Agreement, the General Partner shall maintain or cause to be maintained capital accounts on the books and records of the Partnership in respect of each Partnership Interest.
Maintain Accounts. The Grantor shall maintain the accounts with the depository institutions listed with particularity on Schedule 3.1B to the Reimbursement Agreement as its primary cash accounts.
Maintain Accounts. To permit the Administrative Agent to monitor the Borrowers’ financial performance and condition, each Borrower shall maintain all of such Borrower’s depository accounts with any of the Lenders or other depository institutions disclosed to, and reasonably acceptable to the Administrative Agent, with all significant deposits to be maintained with any Lender. Upon the occurrence of an Event of Default which continues uncured or waived, all third party depository accounts shall be transferred to, maintained with, and controlled by the Administrative Agent. Any amounts not deposited directly with the Lenders and received by any third party institution during any transition shall be transferred on a daily basis to an account established and controlled by the Administrative Agent.
Maintain Accounts. The Debtor shall use its commercially reasonable efforts to cause to be collected from its account debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, delinquent Accounts, such Accounts to be collected in accordance with lawful collection procedures and the Debtor’s standard procedures) and apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account, except that, unless an Event of Default has occurred and is continuing and the Secured Party is exercising its rights hereunder to collect Accounts, the Debtor may allow in the ordinary course of business as adjustments to amounts owing under its Accounts (i) an extension or renewal of the time or times of payment, or settlement for less than the total unpaid balance, which the Debtor finds appropriate in accordance with prudent business judgment and (ii) a refund or credit due as a result of returned or damaged merchandise, all in accordance with the Debtor’s ordinary course of business consistent with its historical practices. The costs and expenses (including, without limitation, attorney’s fees) of collection, whether incurred by the Debtor or the Secured Party, shall be borne by the Debtor.
Maintain Accounts. To permit the Lender to monitor the Borrowers' financial performance and condition, each Borrower shall maintain all of such Borrower's depository accounts with the Lender.
Maintain Accounts. Maintain an operating account with Administrative Agent.
Maintain Accounts. By no later than 90 days following the Closing Date, maintain all accounts and banking business of each Loan Party with the Lender or its Affiliates, provided that the Loan Parties shall be permitted to maintain accounts with other lenders so long as (i) the aggregate balance of all such accounts remains below Cdn. $8,000,000 (or Equivalent Amount) at all times and (ii) all accounts with any one account provider with an aggregate balance greater than or equal to Cdn.$100,000 (or Equivalent Amount) become subject to blocked account agreements (or equivalent) in favour of the Lender (in form and substance satisfactory to the Lender) by no later than 90 days following the Closing Date (or later date as the Lender may agree).
Maintain Accounts. To permit the Lenders to monitor the Borrowers' financial performance and condition, each Borrower shall maintain all of such Borrower's depository accounts with the Agents or depository institutions acceptable to the Agents, which institutions have entered into satisfactory lockbox and agency account agreements with such Borrower and the Administrative Agent. Any amounts received by such third party institutions shall be transferred on a daily basis to an account established and controlled by the Administrative Agent to be applied in accordance with the terms hereof.
Maintain Accounts. To permit the Lenders to monitor the Borrowers' financial performance and condition, each Borrower shall maintain all of such Borrower's depository accounts with any of the Agents or other depository institutions disclosed to, and acceptable to the Agents, with all significant deposits to be maintained with the Agents. Upon the occurrence
of a Collateral Provision Event, all third party depository accounts shall be transferred to, maintained with, and controlled by the Documentation Agent. Any amounts not deposited directly with the Agents and received by any third party institution during any transition shall be subject to account control agreements satisfactory to the Agents and transferred on a daily basis to an account established and controlled by the Administrative Agent.