Common use of Maintenance of Bank Accounts Clause in Contracts

Maintenance of Bank Accounts. As security for repayment of the Loans, maintain its principal depository accounts with U. S. Bank and effectuate the transfer of such accounts within a reasonable period of time after execution of this Agreement. Borrower hereby grants to U. S. Bank a security interest in all such accounts in order to secure the obligations of Borrower hereunder.

Maintenance of Bank Accounts. As security for repayment of the Loans, maintain its principal depository accounts with U. S. U.S. Bank and effectuate the transfer of such accounts within a reasonable period of time after execution of this Agreement. Borrower hereby grants to U. S. U.S. Bank a security interest in all such accounts in order to secure the obligations of Borrower hereunder.