Primary Banking Relationship. The Company shall maintain its primary concentration and deposit accounts with the Bank.
Primary Banking Relationship. Borrower agrees to establish its primary banking relationship with Lender and move to and maintain with Lender all accounts as may be necessary as part thereof.
Primary Banking Relationship. Borrower shall maintain its primary banking relationship and depository accounts with Lender.
Primary Banking Relationship. The Company shall maintain its primary concentration and deposit accounts with the Agent.
Primary Banking Relationship. Throughout the term of the Loan Borrower shall maintain all operating and reserve accounts with Lender.
Primary Banking Relationship. Throughout the term of this Agreement, the Borrower shall maintain its primary banking relationship and substantially all of its demand deposit accounts with the Agent, so long as the Agent's prices and other charges with respect thereto are reasonably competitive with the prices and charges for such services of comparable banks.
Primary Banking Relationship. Without limiting the provisions of Section 5.14 or Borrower’s obligations thereunder, Borrowers shall at all times maintain (i) at least seventy-five percent (75%) of their aggregate unrestricted cash and cash equivalents in Deposit Accounts or Securities Accounts at Silicon Valley Bank or its Affiliates and (ii) all of its primary banking services, including business credit cards, cash management and letters of credit, with Silicon Valley Bank, in each case, so long as Silicon Valley Bank remains a Lender under this Agreement.
Primary Banking Relationship. Within ninety (90) days after the Closing Date, the Company shall maintain its primary concentration and deposit accounts with the Bank, provided, that, the Company shall use its best effort to effect same prior to such date.
Primary Banking Relationship. Each Borrower and Entity Guarantor shall maintain its primary depository, disbursement, and treasury management accounts with Bank; provided however a Loan Party shall be deemed to have its primary depository relationship with the Bank even if material accounts of such Loan Party are held outside the Bank so long as all funds are swept daily from such accounts and wired into an account of such Loan Party held at the Bank. Notwithstanding the foregoing, any account held by CRI Canada outside the Bank shall be permitted under this Agreement to maintain Seventy-Five Thousand Dollars ($75,000.00) in such account (the “Canadian Minimum Cash Amount”) that is not subject to the Daily Sweep Requirement; provided however that all amounts greater than the Canadian Minimum Cash Amount shall be subject to the Daily Sweep Requirement. All accounts held outside of the Bank shall be subject to a Deposit Account Control Agreement in form and substance acceptable to the Bank and shall be put into place within thirty (30) days of the Closing Date.
Primary Banking Relationship. The Borrower will maintain its primary depository relationship with the Lender unless and until the Note in the sum of $3,000,000.00 between the parties of even date herewith is assigned to a third party not affiliated with Xxxxxxx Xxxxx, Inc. Upon written request of the Lender, the Lender shall have the right to debit the Borrower's deposit account with the Lender for the monthly and other payments to be made to the Lender under the Note. If the funds in the Borrower's deposit account are insufficient to satisfy any payments on the required payment dates, the Borrower shall immediately remit to the Lender the amount of such deficiency. THE FOLLOWING SHALL CONSTITUTE AN EVENT OF DEFAULT: