Maintenance of Concentration Account. Continue to maintain with the Agent an account or accounts to be used by the Borrower and the Guarantors as their principal concentration account for day-to-day operations conducted by the Borrower and the Guarantors.
Appears in 5 contracts
Samples: Revolving Credit and Guaranty Agreement (Kasper a S L LTD), Revolving Credit and Guaranty Agreement (Act Manufacturing Inc), Revolving Credit and Guaranty Agreement (Guilford Mills Inc)
Maintenance of Concentration Account. Continue to maintain ------------------------------------ with the Agent an account or accounts to be used by the Borrower and the Guarantors as their principal concentration account for day-to-day operations conducted by the Borrower and the Guarantors, provided that the Borrower and the -------- Guarantors may maintain up to $1,000,000 in concentration accounts outside the principal concentration account maintained with the Agent.
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (Galey & Lord Inc)
