Common use of Banking Relationship Clause in Contracts

Banking Relationship. Borrower shall at all times maintain its primary banking relationship, including without limitation its primary operating account, with Silicon. Without limiting the generality of the foregoing, Borrower shall, at all times, maintain not less than 100% of its total cash and investments on deposit with Silicon.

Appears in 2 contracts

Samples: Security Agreement (Endocardial Solutions Inc), Security Agreement (Endocardial Solutions Inc)

AutoNDA by SimpleDocs

Banking Relationship. Borrower shall at all times maintain its primary banking relationship, including without limitation its primary operating account, relationship with Silicon. Without limiting the generality of the foregoing, Borrower shall, at all times, maintain not less than 10080% of its total cash (including without limitation Borrower's deposit accounts and investments operating accounts) on deposit with Silicon.

Appears in 1 contract

Samples: Novatel Wireless Inc

Banking Relationship. Borrower shall at all times maintain its primary banking relationship, including without limitation its primary operating account, relationship with Silicon. Without limiting the generality of the foregoing, Borrower shall, at all times, maintain not less than 10080% of its total cash and investments on deposit with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Digirad Corp)

AutoNDA by SimpleDocs

Banking Relationship. Borrower shall at all times maintain its primary banking relationship, including without limitation its primary operating account, relationship with Silicon. Without limiting the generality of the foregoing, Borrower shall, at all times, maintain not less than 100% *** of its total cash and investments on deposit with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Digirad Corp)

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