Deposit Account Balances Sample Clauses

Deposit Account Balances. The Borrower shall be in compliance with Section 2.8(d) both before and after giving effect to such Borrowing."
Sample 1
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Deposit Account Balances. At any time, maintain a balance in the respective operating accounts of each of STSJ and TeleCom in excess of $15,000 and, to the extent the balance exceeds such amount, Borrowers shall cause such excess to be transferred on a daily basis to the Blocked Account.
Sample 1
Deposit Account Balances. The Borrower will not permit, and will ------------------------ cause its Subsidiaries not to permit, the available balance of any Deposit Account to exceed $20,000 on any day.
Sample 1
Deposit Account Balances. Borrower acknowledges and agrees that the terms of the Loan have been established by the Bank in consideration of, among other factors, the prospective and continuing deposit relationship to be established by Borrower with the Bank. Consequently, Borrower covenants and agrees that Borrower shall at all times maintain funds in one or more demand deposit accounts established with the Bank which, during each calendar month and measured as of the last day of such calendar month, have average balances which are equal to not less than five percent (5%) of the average outstanding principal balance of the Loan during such calendar month.
Sample 1
Deposit Account Balances. The Borrower and its Subsidiaries do not maintain balances in excess of $1,000,000 in the aggregate with Ineligible Financial Institutions.
Sample 1
Deposit Account Balances. The Borrower shall not, and shall not permit any of its Subsidiaries to, maintain balances in excess of $1,000,000 in the aggregate with Ineligible Financial Institutions.
Sample 1

Related to Deposit Account Balances

  • Account Balances Balances shown in your accounts may include deposits subject to verification by us. The balance reflected in the Service may differ from your records due to deposits in progress, checks outstanding, or other withdrawals, payments or charges. A transfer request may not result in immediate availability because of the time required to process the request. A transfer request must be made before the Business Day Cut-off time to be effective the same Business Day. The balances within the Service are updated periodically and the Service will display the most current "as of" date on the "accounts" summary page. There may be situations that cause a delay in an update of your balances. The Service will use the most current balance available at the time of a transaction to base our approval for account transfers.

  • Account Balance The Servicer must never allow any Custodial T&I Account to become overdrawn as to any individual related Borrower. If there are insufficient funds in the account, the Servicer must advance its own funds to cure the overdraft.

  • Retirement Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Education IRAs, and 403(b) Plans (such accounts, “Retirement Accounts”), the Transfer Agent, at the request and expense of the Fund, provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial agent services such as account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Deposit Account Payments Subsection (b) is amended to read as follows:

  • Balances Borrower shall maintain its major depository accounts with Bank until the Note and all sums payable pursuant to this Agreement have been paid in full.

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Deposit Account (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

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