Common use of Primary Depository Clause in Contracts

Primary Depository. Subject to the provisions of Section 3.1(1) and 3.2(b), within 60 days of the Closing Date, Borrower and Parent shall maintain at least 80% of their depository, transaction, and investment accounts with Bank or Bank’s affiliates.

Appears in 2 contracts

Samples: Loan and Security Agreement (Oxford Immunotec Global PLC), Loan and Security Agreement (Oxford Immunotec Global PLC)

AutoNDA by SimpleDocs

Primary Depository. Subject to the provisions of Section 3.1(13.1(k) and 3.2(b), Borrower within 60 30 days of the Closing Date, Borrower and Parent Date shall maintain at least 80% of their depository, transaction, all its depository and operating accounts with Bank and its primary investment accounts with Bank or Bank’s affiliates.

Appears in 2 contracts

Samples: Loan and Security Agreement (Auspex Pharmaceuticals, Inc.), Loan and Security Agreement (Auspex Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!