Common use of Depository Relationship Clause in Contracts

Depository Relationship. To induce the Lender to establish the interest rates provided in the Note, Borrowers will use Lender as its principal depository bank and the Borrowers covenant and agree to maintain Lender as their principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 2 contracts

Samples: Credit Agreement (Adams Golf Inc), Credit Agreement (Adams Golf Inc)

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Depository Relationship. To induce the Lender to establish the interest rates provided for in the NoteNotes, Borrowers the Borrower will use the Lender as its principal depository bank and the Borrowers covenant Borrower covenants and agree agrees to maintain the Lender as their its principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 2 contracts

Samples: Loan Agreement (Rf Monolithics Inc /De/), Loan Agreement (Rf Monolithics Inc /De/)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the NoteNotes, Borrowers will the Related Parties have established and use Lender as its their principal depository bank and the Borrowers Related Parties covenant and agree to maintain Lender as their principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Sielox Inc)

Depository Relationship. To induce the Lender Bank to establish the interest rates provided for in the Note, Borrowers and if and to the extent permitted by applicable laws, Borrower will use Lender and maintain Bank as its principal depository bank and the Borrowers covenant and agree to maintain Lender as their principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

Depository Relationship. To induce the Lender to establish the interest rates provided in the NoteNotes, Borrowers the Borrower will, and will cause each Subsidiary to, use the Lender as its principal depository bank and the Borrowers covenant Borrower covenants and agree agrees to maintain maintain, and will cause each of its Subsidiaries to maintain, the Lender as their its principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.accounts for the term hereof

Appears in 1 contract

Samples: Loan Agreement (Pizza Inn Holdings, Inc /Mo/)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the Note, Borrowers the Borrower will use the Lender as its principal depository bank and the Borrowers covenant Borrower covenants and agree agrees to maintain the Lender as their its principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Interphase Corp)

Depository Relationship. To induce the Lender to establish the interest rates provided in the NoteNotes, Borrowers the Borrower will use the Lender as its principal depository bank and the Borrowers covenant Borrower covenants and agree agrees to maintain the Lender as their its principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accountsaccounts for the term hereof.

Appears in 1 contract

Samples: Loan Agreement (Quest Resource Holding Corp)

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Depository Relationship. To induce the Lender to establish the interest rates provided for in the NoteNotes, the Borrowers will use the Lender as its principal depository bank and the Borrowers covenant and agree to maintain the Lender as their its principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Integrated Performance Systems Inc)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the Revolving Credit Note, Borrowers the Borrower will use the Lender as its principal depository bank and, except as otherwise disclosed on the Disclosure Schedule, the Borrower covenants and the Borrowers covenant and agree agrees to maintain the Lender as their its principal depository bank, including for the maintenance of business, cash management, and operating and administrative deposit accounts.

Appears in 1 contract

Samples: Loan Agreement (Advanced Environmental Recycling Technologies Inc)

Depository Relationship. To induce the Lender to establish the interest rates provided for in the Note, Borrowers will use Borrower shall establish and maintain with Lender a deposit account (the “Reserve Account”) to be used as its principal depository bank and the Borrowers covenant and agree to maintain Lender as their principal depository bank, including for the maintenance an operating account of business, cash management, and operating and administrative deposit accountsBorrower.

Appears in 1 contract

Samples: Credit Agreement (Lm Funding America, Inc.)

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