Bank of Account. Borrower shall maintain its primary deposit accounts with Bank.
Bank of Account. Borrowers will maintain Bank as their primary domestic bank of account, unless otherwise agreed by Bank in writing.
Bank of Account. Prior to the Conversion Date, the Borrower will utilize Bank of America, N.A. as its principal bank of account; including all construction disbursement, operating accounts, and reserve accounts. From and after the Conversion Date, the Borrower will utilize a bank approved by Permanent Lender as its principal bank of account; including all construction disbursement, operating accounts, and reserve accounts.
Bank of Account. Prior to the Conversion Date, the Borrower will utilize Bank as its principal bank of account; including all construction disbursement, operating accounts and reserve accounts. From and after the Conversion Date, the Borrower will utilize a financial institution approved by CCRC as its principal bank of account; including all operating accounts and reserve accounts.
Bank of Account. Obligors will maintain Bank as their major bank of account, unless otherwise agreed by Bank in writing. Subject to SECTION 5.5, Obligors may maintain operating accounts into which their accounts receivable are deposited for ultimate transfer to a deposit account maintained with the Bank. Obligors may also maintain local operating accounts for convenience as necessary. Obligors will notify Bank in writing and on a continuing basis, of all deposit accounts and certificates of deposit (including the numbers thereof) maintained with or purchased from any other financial institutions.
Bank of Account. Borrower and Guarantor will maintain their primary deposit relationships with Bank.
Bank of Account. Each Borrower will maintain United Jersey Bank as its major bank of deposit and disbursement, unless waived by Bank.
Bank of Account. 31 7.17 Maintenance of Management................................ 31 7.18 Capital Stock; Dividends................................. 31 7.19 Transactions with Affiliates............................. 31 7.20 Name or Address Change................................... 31 7.21 Notices.................................................. 31 7.22 Additional Documents and Future Actions.................. 31 7.23
Bank of Account. Borrower will maintain Bank as its major bank of account, unless otherwise agreed by Bank in writing.
Bank of Account. (a) Borrower will maintain Agent as its primary bank of account. Notwithstanding the foregoing, (1) Borrower shall be permitted to maintain the accounts with Wachovia Bank, N.A. listed on Schedule 7.16 hereof (collectively, the "Wachovia Accounts") and its existing lockbox with Wachovia (the "Wachovia Lockbox") until the earlier of the following (the "Wachovia Trigger Date"): (A) the date an Advance is requested hereunder (other than a request for a Letter of Credit in a face amount not in excess of One Million Dollars ($1,000,000.00)); (B) the occurrence of a Default or Event of Default; and (C) June 8, 2009 and (2) Borrower shall be permitted to maintain the accounts with Bank of America, N.A. listed on Schedule 7.16 hereof (collectively, the "Bank of America Accounts") until the earlier of the following (the "Bank of America Trigger Date"): (A) the occurrence of a Default or Event of Default; and (B) September 3, 2009. On or before the Wachovia Trigger Date, Borrower shall provide Agent with evidence that the Wachovia Lockbox and the Wachovia Accounts have been closed and that all funds therein have been transferred to the Cash Collateral Account, except that, if there are any checks written on a Wachovia Account that have not cleared by the Wachovia Trigger Date (each such Wachovia Account with checks that have not cleared being referred to herein as a "Remaining Wachovia Account"), such Remaining Wachovia Account may remain open until the earlier of (A) the occurrence of a Default or Event of Default; (B) the date on which all such outstanding checks have cleared and (C) September 4, 2009 (the "Final Wachovia Account Date"). On or before the Final Wachovia Account Date, Borrower shall provide Agent with evidence that each Remaining Wachovia Account has been closed and that all funds therein have been transferred to the Cash Collateral Account. On or before the Bank of America Trigger Date, Borrower shall provide Agent with evidence that the Bank of America Accounts have been closed and that all funds therein have been transferred to the Cash Collateral Account. On or before the date hereof and from time to time thereafter, Borrower shall transfer to an account maintained with Agent all sums in the Wachovia Account identified on Schedule 7.16 as the "Evergreen Investments" account (the "Evergreen Account") so that sums on deposit in the Evergreen Account shall not exceed the amount from time to time reasonably necessary to effectuate a commercially rea...
