Common use of Minimum Deposit Amount Clause in Contracts

Minimum Deposit Amount. Borrower shall maintain at least $10,000,000 of average collected balances in non-interest bearing demand deposit accounts with CONA at all times during the period commencing on the Second Amendment Effective Date through and including the Maturity Date.”

Appears in 1 contract

Sources: Loan and Security Agreement (Reis, Inc.)

Minimum Deposit Amount. Borrower shall maintain at least $10,000,000 of average collected balances in non-interest bearing demand deposit accounts with CONA at all times during the period commencing on the Second Amendment Effective Date through and including the Maturity DateMarch 31, 2018.”

Appears in 1 contract

Sources: Loan and Security Agreement (Reis, Inc.)