Common use of Banking Relationship Clause in Contracts

Banking Relationship. In order for Silicon to properly monitor its loan arrangement with the Borrower, Borrower shall at all times maintain its primary banking relationship with Silicon, with all significant investments and deposits to be maintained at Silicon so long as rates remain competitive, provided, however, (i) Borrower may maintain up to $250,000 in the aggregate in accounts (investment, deposit or otherwise) maintained with domestic third party institutions, and (ii) Borrower and its subsidiaries may maintain up to $1,000,000 in the aggregate in foreign accounts.

Banking Relationship. In order for Silicon to properly monitor its loan arrangement with the Borrower, Borrower shall at all times maintain its primary banking relationship with Silicon, with all significant investments deposits and deposits all investment accounts to be maintained at Silicon so long as rates remain competitiveSilicon, SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT provided, however, (i) Borrower may maintain up its investment account with Solomon, Xxxxx Xxxxxx until no later than October 31, 2002, at or before which time such account shall be transferred to $250,000 in the aggregate in accounts (investment, deposit or otherwise) maintained with domestic third party institutions, and (ii) Borrower and its subsidiaries may maintain up to $1,000,000 in the aggregate in foreign accountsSilicon.

Banking Relationship. In order for Silicon to properly monitor its loan arrangement with the Borrower, Borrower shall at all times times, from and after May 28, 2002, maintain its primary banking relationship with Silicon, with all significant investments deposits and investment accounts (other than certificates of deposits supporting third party letters of credit as set forth on EXHIBIT 9-1) to be maintained at Silicon so long as rates remain competitiveSilicon. Notwithstanding the foregoing, provided, however, (i) Borrower may shall be permitted to maintain up accounts with XX Xxxxxx Xxxxx Bank in amounts not to exceed $250,000 750,000 in the aggregate in accounts (investmentuntil July 15, deposit or otherwise) maintained with domestic third party institutions, and (ii) Borrower and its subsidiaries may maintain up to $1,000,000 in the aggregate in foreign accounts2002.

Banking Relationship. In order for Silicon to properly monitor its loan arrangement with the Borrower, Borrower shall at all times maintain its primary banking relationship with Silicon, including its operating, deposit and investment accounts, with all significant investments and deposits to be maintained at Silicon so long as rates remain competitiveSilicon, provided, however, (i) Borrower may maintain up to $250,000 in accounts with other financial institutions so long as the aggregate in accounts (investment, deposit or otherwise) maintained with domestic third party institutions, and (ii) Borrower and its subsidiaries may maintain up to balance of such funds does not exceed $1,000,000 in the aggregate in foreign accounts350,000.00."