Examples of Haynes Parent in a sentence
In addition, Haynes Parent shall not be required to provide a Deposit Account Control Agreement with respect to the existing deposit account of Haynes Parent maintained at Community First Bank (account number 08001031) so long as such account is used only in connection with the cashing of checks or similar items for employees of Haynes Parent and the aggregate amount of the funds in such account does not exceed $100,000.
Administrative Borrower hereby accepts the appointment by Borrowers to act as the agent and attorney-in-fact of Borrowers pursuant to this Section 6.8. Administrative Borrower shall ensure that the disbursement of any Loans to each Borrower requested by or paid to or for the account of Haynes Parent, or the issuance of any Letter of Credit for a Borrower hereunder, shall be paid to or for the account of such Borrower.
Haynes Parent has not, during the five years prior to the date of this Agreement, been known by or used any other corporate or fictitious name or been a party to any merger or consolidation, except as set forth in the Information Certificate.
If the purpose of such account shall change or the aggregate amount of such funds at any time exceed $100,000 for five (5) consecutive days or shall exceed $100,000 more than two (2) times, promptly upon the request of Agent, Haynes Parent shall deliver or cause to be delivered to Agent a Deposit Account Control Agreement with respect to such deposit account.