Common use of Banking Relationship Clause in Contracts

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2)

Appears in 3 contracts

Samples: Security Agreement (Rackable Systems, Inc.), Security Agreement (Rackable Systems, Inc.), Security Agreement (Rackable Systems, Inc.)

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Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain its primary operating accounts and not less than 9085% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 2 contracts

Samples: Loan and Security Agreement (Zhone Technologies Inc), Loan and Security Agreement (Zhone Technologies Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 2 contracts

Samples: Loan and Security Agreement (U S Realtel Inc), Loan and Security Agreement (Cypress Communications Holding Co Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit Deposit Accounts with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 2 contracts

Samples: Loan and Security Agreement (Onyx Software Corp/Wa), Loan and Security Agreement (Onyx Software Corp/Wa)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after of the date of this Agreement, Agreement and at all times thereafter, Borrower shall, at all times, shall maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 2 contracts

Samples: Loan and Security Agreement (P Com Inc), Loan and Security Agreement (P Com Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreementincluding, without limitation, its primary operating and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Siliconinvestment accounts. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 2 contracts

Samples: Security Agreement (Applied Precision, Inc.), Loan and Security Agreement (Applied Precision, Inc.)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreementincluding, without limitation, its primary operating and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Siliconinvestment accounts. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 2 contracts

Samples: Loan and Security Agreement (Quinton Cardiology Systems Inc), Assumption and Amendment Agreement (Cardiac Science CORP)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% a meaningful portion of its total cash and investments on deposit investment accounts with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 2 contracts

Samples: Security Agreement (Atheros Communications Inc), Security Agreement (Atheros Communications Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreementincluding, without limitation, its primary operating and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Siliconinvestment accounts. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2)

Appears in 1 contract

Samples: Loan and Security Agreement (Click2learn Inc/De/)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Unify Corp)

Banking Relationship. Borrower Borrowers shall at all times maintain its their primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower Borrowers shall, at all times, maintain not less than 9085% of its total cash and investments on deposit with Silicon or one of Silicon’s affiliates. As to any Deposit Accounts and investment investment accounts maintained with another institution, each Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Xenogen Corp)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9075% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 thirty (30) days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9025% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2a)

Appears in 1 contract

Samples: Invision Technologies Inc

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% a majority of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Pharmchem Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship operating deposit accounts with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9075% of its total cash and investments held domestically on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Security Agreement (Adept Technology Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9025% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2)

Appears in 1 contract

Samples: Invision Technologies Inc

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. Borrower further agrees that as its investment instruments maintained at Solomon Xxxxx Xxxxxx mature, Borrower shall invest the proceeds of such matured investments with Silicon. (2)

Appears in 1 contract

Samples: Loan and Security Agreement (Sento Corp)

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Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9060% of its total cash and investments investments, as shown on Borrower’s consolidated balance sheet, on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Unify Corp

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9085% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 60 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Security Agreement (Micro Therapeutics Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9080% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Tegal Corp /De/)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9080% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Security Agreement (Tegal Corp /De/)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9085% of its total cash, cash equivalents and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institutionother institutions, Borrower shall cause such institutioninstitutions, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Inktomi Corp)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 9070% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 10 days after the date of this Loan Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority 's security interest in said Deposit Accounts and investment accounts. (2)

Appears in 1 contract

Samples: Loan and Security Agreement (Sigma Designs Inc)

Banking Relationship. Borrower shall at all times maintain its primary operating banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, Silicon and at all times thereafter, Borrower shall, at all times, shall use its reasonable good faith efforts to maintain not less than 90% of its total cash and investments on deposit investment accounts with or through Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form Silicon Valley Bank Schedule to Loan and Security Agreement acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Internap Network Services Corp)

Banking Relationship. Borrower shall at all times maintain its primary operating banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, Silicon and at all times thereafter, Borrower shall, at all times, shall use its reasonable good faith efforts to maintain not less than 90% of its total cash and investments on deposit investment accounts with or through Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Internap Network Services Corp

Banking Relationship. Borrower shall at all times maintain all of its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 thirty (30) days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Security Agreement (Comdial Corp)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 thirty (30) days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s 's first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Callidus Software Inc)

Banking Relationship. Borrower shall at all times maintain its primary banking relationship with Silicon. Without limiting the generality of the foregoing, within 30 days after the date of this Agreement, and at all times thereafter, Borrower shall, at all times, maintain not less than 90% of its total cash and investments on deposit with Silicon. As to any Deposit Accounts and investment accounts maintained with another institution, Borrower shall cause such institution, within 30 90 days after the date of this Agreement, to enter into a control agreement in form acceptable to Silicon in its good faith business judgment in order to perfect Silicon’s first-priority security interest in said Deposit Accounts and investment accounts. (2).

Appears in 1 contract

Samples: Loan and Security Agreement (Xplore Technologies Corp)

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