Common use of Primary Accounts Clause in Contracts

Primary Accounts. Borrower will maintain its primary banking relationship with Bank, which relationship shall include Borrower maintaining account balances in any accounts at or through Bank representing at least 50% of all account balances of Borrower at any financial institution.

Appears in 4 contracts

Samples: Loan and Security Agreement (Synaptics Inc), Loan and Security Agreement (Synaptics Inc), Loan and Security Agreement (Health Grades Inc)

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Primary Accounts. Borrower will maintain its primary banking relationship with Bank, which relationship shall include Borrower maintaining account balances in any accounts at or through Bank representing at least 5085% of all account balances of Borrower at any financial institution.

Appears in 3 contracts

Samples: Loan and Security Agreement (Advanced Analogic Technologies Inc), Loan and Security Agreement (Castelle \Ca\), Loan and Security Agreement (Infonow Corp /)

Primary Accounts. Borrower will maintain its primary banking relationship with Bank, which relationship shall include Borrower maintaining account balances in any accounts at or through Bank representing at least 50100% of all account balances of Borrower at any financial institution.

Appears in 2 contracts

Samples: Loan and Security Agreement (Optio Software Inc), Loan and Security Agreement (Optio Software Inc)

Primary Accounts. Borrower will maintain its primary banking relationship with Bank, which relationship shall include Borrower maintaining account balances in any all operating and investment accounts at or through Bank representing at least 5051% of all account balances of Borrower at any financial institutionBorrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Loudeye Corp), Loan and Security Agreement (Loudeye Corp)

Primary Accounts. Borrower will maintain its primary banking relationship and investment account relationships with Bank, which relationship such relationships shall include Borrower maintaining deposit and investment account balances in any accounts at or through Bank representing at least 5085% of all such account balances of Borrower at any and all financial institutioninstitutions.

Appears in 1 contract

Samples: Loan and Security Agreement (Viking Systems Inc)

Primary Accounts. Borrower will maintain its primary banking relationship with Bank, which relationship shall include Borrower maintaining account balances in any accounts at or through the Bank representing at least 50% of all domestic account balances of the Borrower at any financial institution. Borrower agrees on a good faith basis to comply with this requirement within a reasonable time after closing. Bank agrees that this requirement is contingent upon Bank's performance being in accordance with usual and customary commercial practices and Bank offering to Borrower its best terms offered to depositors on cash balances and other deposits.

Appears in 1 contract

Samples: Loan and Security Agreement (Witness Systems Inc)

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Primary Accounts. Borrower will maintain its primary banking relationship with Bank, which relationship shall include Borrower maintaining account balances in any accounts at or through Bank representing at least 50% of all account balances of Borrower at any financial institution. Borrower will deposit all proceeds of Advances made at quarter end in Borrower's account at Bank and maintain such deposit until such Advances are repaid.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecollege Com)

Primary Accounts. Each Borrower will maintain its primary banking relationship with Bank, which relationship shall include such Borrower maintaining account balances in any accounts at or through Bank representing at least 5075% of all account balances of such Borrower at any financial institution.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecollege Com)

Primary Accounts. Borrower will maintain its primary banking relationship with Bank, which relationship shall include Borrower maintaining account balances in any accounts at or through Bank representing at least 5051% of all account balances of Borrower at any financial institution.

Appears in 1 contract

Samples: Loan and Security Agreement (Health Grades Inc)

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