Operating and Investment Accounts. (a) Maintain all of its primary operating and investment accounts with Bank and Bank’s Affiliates and conduct all of its primary domestic and international banking services, including, without limitation, foreign currency exchange and letters of credit through Bank and Bank’s Affiliates.
Operating and Investment Accounts. Section 6.6 of the Loan Agreement is hereby deleted in its entirety and replaced with the following: 6.6
Operating and Investment Accounts. Notwithstanding anything to the contrary contained in Section 6.6, Borrower may maintain (a) its certificate of deposit with Union Bank of California in an amount not to exceed $191,000 until Borrower’s Letter of Credit with Union Bank of California has expired and (b) an operating account at Union Bank of California to collect interest on such certificate of deposit, provided, however, at such time when the Letter of Credit has expired, Borrower shall transfer the funds evidenced by the certificate of deposit to its accounts with or through Bank.
Operating and Investment Accounts. Active 30504246v5 220763.001325
Operating and Investment Accounts. The Borrower shall maintain its principal investment accounts with the Lender. If the average amount of demand deposit balances on deposit in the Borrower's investment accounts over any calendar quarter is not sufficient to cover the costs of non-credit services provided by the Lender in servicing such accounts (as determined and priced in accordance with the Lender's standard rate schedule of non-credit bank services as then in effect), the Borrower shall pay to the Lender, on demand, a deficient balances fee on the amount of the deficiency based on the Lender's earnings credit rate then in effect in accordance with the Lender's standard practice.
Operating and Investment Accounts. Maintain all of the Borrower's primary operating and investment accounts and cash management relationships with the Agent, except for (i) existing operating accounts that are listed on Schedule 4.15 hereto, (ii) operating accounts that are required pursuant to the terms of a written contract between a Borrower and an unrelated third party, provided that, upon the Agent's written request, the Borrower shall provide the Agent with a copy of such contracts, and (iii) all operating accounts which are otherwise required by law or applicable licenses. Within forty-five (45) days after the date of this Agreement, the Borrower will either close the accounts identified on Schedule 4.15 in which balances are maintained at any time in excess of $7,500 (each, a "Significant Bank Account") and that are maintained with any bank other than a Lender, or deliver to the Agent a Depository Account Control Agreement duly executed by the owner of such account (either the Borrower or the Borrower's Subsidiary, as the case may be) and such bank. In addition, the Borrower shall deliver to the Agent a Depository Account Control Agreement duly executed by the owner(s) of any additional Significant Bank Accounts that are permitted under this Section (either the Borrower or the Borrower's Subsidiary, as the case may be) within forty-five (45) days after the date of this Agreement as to any such accounts existing on the date of this Agreement, and prior to the establishment of any such account that is opened after the date of this Agreement.
