Maintain Accounts Sample Clauses

Maintain Accounts. Each Lender shall maintain in accordance with its usual practice accounts evidencing the amounts from time to time lent by and owing to it under this Agreement.
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Maintain Accounts. The Grantor shall maintain the accounts with the depository institutions listed with particularity on Schedule 3.1B to the Reimbursement Agreement as its primary cash accounts.
Maintain Accounts. To permit the Lender to monitor the ----------------- Borrower's financial performance and condition, the Borrower shall maintain the Borrower's primary depository and operating accounts with the Lender.
Maintain Accounts. To permit the Lender to monitor the Borrower's financial performance and condition, the Borrower shall maintain at all times all of the Borrower's primary depository and operating accounts with the Lender.
Maintain Accounts. The Debtor shall use its commercially reasonable efforts to cause to be collected from its account debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, delinquent Accounts, such Accounts to be collected in accordance with lawful collection procedures and the Debtor’s standard procedures) and apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account, except that, unless an Event of Default has occurred and is continuing and the Secured Party is exercising its rights hereunder to collect Accounts, the Debtor may allow in the ordinary course of business as adjustments to amounts owing under its Accounts (i) an extension or renewal of the time or times of payment, or settlement for less than the total unpaid balance, which the Debtor finds appropriate in accordance with prudent business judgment and (ii) a refund or credit due as a result of returned or damaged merchandise, all in accordance with the Debtor’s ordinary course of business consistent with its historical practices. The costs and expenses (including, without limitation, attorney’s fees) of collection, whether incurred by the Debtor or the Secured Party, shall be borne by the Debtor.
Maintain Accounts. Maintain an operating account with Administrative Agent.
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Maintain Accounts. To permit the Administrative Agent to monitor the Borrowers' financial performance and condition, each Borrower shall maintain all of such Borrower's depository accounts with any of the Lenders or other depository institutions disclosed to, and reasonably acceptable to the Administrative Agent, with all significant deposits to be maintained with any Lender. Upon the occurrence of an Event of Default which continues uncured or waived, all third party depository accounts shall be transferred to, maintained with, and controlled by the Administrative Agent. Any amounts not deposited directly with the Lenders and received by any third party institution during any transition shall be transferred on a daily basis to an account established and controlled by the Administrative Agent.
Maintain Accounts. The Facility Agent shall maintain, in accordance with its usual practice, accounts evidencing the amounts from time to time lent by and/or owing to the Facility Agent and each Lender under this agreement.
Maintain Accounts. Subject to the immediately following sentence, the Borrower (or the General Partner for and on its behalf) and each Material Subsidiary shall maintain all operating and deposit accounts with The Bank of Nova Scotia, other than any operating or deposit accounts required by the Borrower or any Material Subsidiary to be located where The Bank of Nova Scotia does not have a branch, provided that the aggregate amount of funds deposited in such other operating and deposit accounts shall not exceed $500,000 at any time. Notwithstanding the foregoing, each Loan Party shall cause all of its respective operating and deposit accounts which are not maintained with The Bank of Nova Scotia on the date hereof to be permanently closed and migrated to accounts maintained with The Bank of Nova Scotia by no later than December 31, 2018.
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