Common use of Deposit Accounts and Cash Management Services Clause in Contracts

Deposit Accounts and Cash Management Services. Each of the Credit Parties shall, and shall cause each of its Subsidiaries to, maintain each of its deposit accounts and general checking/controlled disbursement accounts (other than Excluded Accounts) solely with Fifth Third, and Fifth Third shall be the principal depository and principal bank of account in which substantially all funds of the Credit Parties and their Subsidiaries are deposited, except to the extent otherwise agreed in writing by Fifth Third. Each of the Credit Parties shall, and shall cause each of its Subsidiaries to, enter into agreements with Fifth Third for all of its needs in connection with cash management services and shall grant to Fifth Third an opportunity to provide any business banking services required by any of them, including payroll and employee benefit plan services. Control Agreements or Government Receivables Lockbox Account Agreements, as applicable, shall be required for any such deposit accounts which, with the prior written consent of Fifth Third, are maintained at financial institutions other than Fifth Third.