Primary Operating Accounts Sample Clauses

Primary Operating Accounts. Each Obligor shall, as of the Closing Date, open and maintain its primary operating accounts with the Agent; provided, however, that PAMT shall have 60 days after the Consolidated Amendment Date to open and maintain its primary operating accounts with the Agent.

Primary Operating Accounts. The Borrower shall maintain its primary operating deposit accounts at The Huntington National Bank.

Primary Operating Accounts. The Borrower shall at all times maintain its primary operating accounts, and collection/lockbox services with the Lender. The Borrower recognizes and agrees that the pricing for the Revolving Credit Facility set forth herein is based on the assumption that the Borrower will maintain its primary operating accounts with the Lender, and that, in the event that the Borrower fails to do so, the Lender may, among other things, adjust the applicable interest rate or fees in order to maintain its required rate of return.

Primary Operating Accounts. Each Obligor shall, as of the Closing Date, open and maintain its primary operating accounts with the Agent.

Primary Operating Accounts. Cause Aeroflex and each Material Domestic Subsidiary to maintain primary operating accounts with one or more of the Banks.

Primary Operating Accounts. The Borrowers shall at all times maintain their primary deposit and operating accounts, cash management operations and collection/lockbox services with the Lender. The Borrowers recognize and agree that the pricing for the Revolving Credit Facility set forth herein is based on the assumption that the Borrowers will maintain their primary deposit and operating accounts with the Lender, and that, in the event that the Borrowers fail to do so, the Lender may, among other things, adjust the applicable interest rate or fees in order to maintain its required rate of return. KEYW and Subsidiaries Credit and Security Agreement

Primary Operating Accounts. Establish and maintain at all times after the date hereof all of its primary operating accounts with the Lender, except that the Loan Parties may establish and maintain xxxxx cash accounts not exceeding $100,000 in aggregate cash balances at any time outstanding. 4.6. Amendment to Section 7.02 Section 7.02(a) of the Credit Agreement is hereby amended and restated in its entirety to read as follows: (a) Investments held by the Borrower or such Subsidiary Guarantor in the form of (i) prime commercial paper due within one (1) year from the date of purchase and payable in United States dollars, (ii) certificates of deposit in United States commercial banks (having capital resources in excess of $20,000,000.00) due within one (1) year from the date of purchase and payable in United States dollars, (iii) obligations of the United States government or any agency thereof, (iv) obligations guaranteed directly by the United States government, (v) repurchase agreements of United States commercial banks (having capital resources in excess of $20,000,000.00) for terms of less than one (1) year, (vi) eurodollar deposits with maturities of ninety (90) days or less, (vii) investments in money market funds which at the time of investment are considered “Investment Grade” in accordance with the rating systems employed by either Xxxxx’x Investors Service, Inc or Standard & Poor’s, or (viii) securities issued or fully guaranteed by any state, commonwealth or territory of the United States or by any political subdivision or taxing authority of any such state, commonwealth or territory, in each case which at the time of investment are considered “Investment Grade” in accordance with the rating systems employed by either Xxxxx’x Investors Service, Inc or Standard & Poor’s; 4.7. Amendments to Section 7.03 (a) Section 7.03(e) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Primary Operating Accounts. While any of the Obligations remain outstanding or Lender has any obligation to make Revolving Credit Loans, Borrower shall keep its primary operating accounts at Fleet National Bank.

Primary Operating Accounts. While any of the Liabilities remain outstanding or Lender has any obligation to make Advances under the Revolving Credit, each Borrower shall keep its primary operating accounts at Lender.

Primary Operating Accounts. Establish and maintain at all times after the date hereof all of its primary operating accounts with the Lender, except that the Loan Parties may establish and maintain pxxxx cash accounts not exceeding $50,000 in aggregate cash balances at any time outstanding.