Banking Relationship definition

Banking Relationship means obligations of the Borrower relating to or arising out of (i) checking and operating account relationships among the Borrower and any Lender (or any Affiliate of a Lender) in the ordinary course of business and (ii) Interest Rate Protection Agreements.

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Banking Relationship. Borrower shall move one hundred percent (100.0%) of its primary banking relationship with ▇▇▇▇▇▇. Borrower shall maintain its primary demand deposit account (the account into which substantially all of Borrower’s receipts from operations are deposited and from which substantially all of Borrower’s disbursements are made) with Lender. Unless otherwise approved by Lender (which approval Lender shall not unreasonably withhold, condition or delay), Borrower and its subsidiaries shall maintain their primary demand deposit account relationship with Lender, which shall include but not be limited to accounts of Heritage Global Partners Inc., a California corporation, Heritage Global LLC, a Delaware limited liability company, Heritage ALT LLC, formerly known as Equity Partners HG LLC, a Delaware limited liability company, and Heritage Global Capital LLC, a Delaware limited liability company.

Banking Relationship means (a) checking and operating account relationships between any Obligor and any Lender (or any Affiliate of a Lender) and (b) Hedge Agreements between any Obligor and any Lender (or any Affiliate of a Lender).

Examples of Banking Relationship in a sentence

Additional Conditions for the Investec High 5 Issue 2 Account These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the 3 Year Base Rate Plus (release 2) These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the 5 Year Step Up Bond These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the Direct Reserve Account These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the Investec Cash ISA These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the 2 Year Double Base Bond These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the SIPP and SSAS Saver These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the 3 Year Base Rate Plus These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the Investec Access Account These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.
Additional Conditions for the 3 Month Reserve Account These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement.

More Definitions of Banking Relationship

Banking Relationship. The Loan Parties shall be required to establish and maintain their primary domestic, operating and investment accounts with ▇▇▇▇▇ Fargo Bank.

Banking Relationship means obligations of the Borrower relating to MasterCard charges (not to exceed $200,000 of outstanding charges) and checking and operating account charges incurred by the Borrower to NationsBank in the ordinary course of business.

Banking Relationship. Principal operating accounts and banking activities of Borrower to be maintained with Bank.

Banking Relationship means obligations of any Borrower relating to or arising out of (i) checking and operating account relationships among any Borrower and any Lender (or any Affiliate of a Lender) in the ordinary course of business and (ii) Interest Rate Protection Agreements. BASE RATE shall mean the interest rate per annum announced from time to time by the Collateral Agent at its Principal Office as its then prime rate, which rate may not be the lowest rate then being charged commercial borrowers by the Collateral Agent .