Primary Deposit Accounts. Borrower shall, and shall cause its Subsidiaries to, maintain with Lender all of their primary deposit accounts.
Primary Deposit Accounts. Maintain its primary deposit account at Wachovia.
Primary Deposit Accounts. The Borrower shall use commercially reasonable efforts to concentrate the cash of the Loan Parties into the Primary Deposit Account(s) on a regular basis.
Primary Deposit Accounts. The Borrower and its Subsidiaries shall maintain their primary deposit accounts with Agent or a Lender.
Primary Deposit Accounts. Unless otherwise approved by Lender, in writing, maintain each Borrower's primary depository accounts, if any, with Lender.
Primary Deposit Accounts. Borrower shall maintain primary deposit accounts with Lender. Primary deposit accounts mean those accounts which are used as the primary accounts for the purpose of depositing funds from the receipt of revenues and disbursing funds to any expenses as related to the operation of Borrower’s business. The deposit account(s) must be established and active within 90 days of the date of this Agreement, as defined at the sole discretion of Lender. Failure to maintain primary deposit accounts with Lender shall constitute an Event of Default under the terms of this Agreement, which shall result in the acceleration of the interest rate to the default rate as stated in the Note(s).
Primary Deposit Accounts. Maintain its primary depositary accounts, including its primary checking account, with Bank.
Primary Deposit Accounts. Within sixty (60) days following the Closing Date, Borrower shall establish its primary deposit account (“Primary Deposit Account”) in Borrower’s name with Agent. All commercial account debtors of Borrower shall be directed to remit all payments on Borrower’s Accounts to the Primary Deposit Account or to remit its payment by check directly to Borrower. Immediately upon receipt by Borrower of any such check, Borrower shall deposit such check in the Primary Deposit Account. Any customer payments received by Borrower or any Subsidiary with respect to a Pizza Inn or Pie Five store, whether in cash or check, shall be remitted within two (2) Business Days to either a Local Deposit Account or the Primary Deposit Account. Except as set forth above, any payments received by Borrower constituting proceeds of Collateral shall be remitted within two (2) Business Days to the Primary Deposit Account in the identical form in which such payment was made, whether by cash or check. Borrower hereby agrees that all payments made to such Primary Deposit Account or otherwise received by Agent will be subject to the control of Agent, for the benefit of the Lenders, as set forth in Section 9-104 of the UCC.
Primary Deposit Accounts. 16 10.13. Revolving Loan Balances.............................. 16
Primary Deposit Accounts. Lender expects Borrower to maintain its primary deposit accounts at Lender. One of the factors the Lender will consider in modification or renewal of this Note is the status of such accounts.
