Examples of Xxxxx Cash Accounts in a sentence
Cumulative Leave Records; Maintain accounts receivable, accounts payable and equipment ledgers; Monthly Reconciliation of Bank Accounts; Monthly Reconciliation of Xxxxx Cash Accounts; and Monthly Trial Balance.
Within 30 days following the Closing Date, the Borrower shall, and shall cause each other Loan Party to, take all actions necessary to establish the Administrative Agent’s control, for the purposes of Section 9-1.04 of the UCC, of each such deposit account (other than an account exclusively used for payroll, payroll taxes or employee benefits, or Xxxxx Cash Accounts).
Such Grantor has no Pledged Accounts, Cash Concentration Accounts or other deposit accounts other than the Pledged Accounts and the Cash Concentration Accounts listed on Schedule 8 hereto, as such Schedule 8 may be amended from time to time pursuant to Section 4.2(d) and Section 4.3(a)(iii), and the Xxxxx Cash Accounts.
The Borrower will not permit the balance of either of the Xxxxx Cash Accounts to exceed $15,000.00 in the aggregate at any time, unless a Depository Bank Agreement shall be delivered with respect to either Xxxxx Cash Account.
As of the date hereof, such Grantor has no Pledged Accounts, Cash Concentration Accounts, Core Concentration Accounts or other Deposit Accounts, or any Securities Accounts, other than the Pledged Accounts, the Cash Concentration Accounts, Core Concentration Accounts, other Deposit Accounts and Securities Accounts listed on Schedule 8 hereto, as such Schedule 8 may be amended from time to time pursuant to Section 4.2(d), Section 4.3(a)(iii) and Section 4.3(c), and the Xxxxx Cash Accounts.