Foreign Bank Accounts Sample Clauses

Foreign Bank Accounts. Company is hereby authorized to open, maintain, control and operate accounts in any currency in foreign banks outside Namibia, to have full and complete control of such accounts, and to retain abroad and freely dispose of any funds in such accounts. Among other reasons, withdrawals may be made for payments for goods and services acquired abroad, for payments to subcontractors engaged in Petroleum Operations, and for transferring funds to local banks in Namibia to meet local expenditures, all in connection with Company’s activities under this Agreement.
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Foreign Bank Accounts. The Contractor is hereby authorized to open, maintain, control and operate accounts in any currency in foreign banks outside of Mongolia, to have full and complete control of such accounts, and to retain abroad and freely dispose of any funds in such accounts.
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Foreign Bank Accounts. Borrowers will not maintain in excess of One Million Five Hundred Thousand Dollars ($1,500,000), in the aggregate, of cash, Investment Property, Securities or other assets in Deposit Accounts or Securities Accounts maintained outside of the United States. In addition, no Borrower will deposit or transfer any cash, Investment Property, Securities or other assets in or to any Deposit Account or Securities Account maintained outside of the United States at any time that an Event of Default has occurred and is continuing.
Sample 1
Foreign Bank Accounts. Without limitation upon any other terms of this Agreement, Borrower covenants and agrees that the proceeds of any Export-Related Accounts Receivable that are remitted by the Account Debtor to any account in the name of Borrower or any of its subsidiaries (including, without limitation, Tegal GmbH), whether maintained at Deutsche Bank or any other foreign financial institution (each such account a "Foreign Bank Account"), are to be remitted by Borrower (or, if applicable, caused to be remitted by Borrower), immediately to Borrower's cash collateral account maintained at Silicon in accordance with Section 4.4 above. Additionally, without limitation upon any other terms of this Agreement, within 30 days of the date of this Agreement with respect to any Foreign Bank Account which exists as of the date hereof, and prior to establishing any new Foreign Bank Account, Borrower shall either (i) provide Silicon with liens against the Foreign Bank Accounts which, under the laws applicable to the Foreign Bank Accounts, are equivalent in priority and protection to a first-priority perfected security interest ("Priority Lien"), and with dominion over such Foreign Bank Accounts, including without limitation, by causing Deutsche Bank and any other financial institution at which a Foreign Bank Account is maintained to execute such documents and take such other actions as Silicon deems necessary in order to grant Silicon such lien against, and dominion over, all Foreign Bank Accounts; or at Borrower's option, or at Silicon's option if Silicon determines in its good faith business judgment that a Priority Lien and dominion cannot be obtained within the above referenced time periods, (ii) establish a new bank account (or use an existing bank account) in the United States at Silicon, or such other financial institution as is acceptable to Silicon, (the "U.S. Account"), cause Silicon to have a first-priority perfected security interest in the U.S. Account, cause Silicon to have dominion over the U.S. Account, and direct all Account Debtors of Export-Related Accounts Receivable to remit payments to such U.S. Account.
Sample 1
Foreign Bank Accounts. Those foreign bank accounts listed from time to time on Schedule 9.20.
Sample 1
Foreign Bank Accounts. Borrower represents and warrants to Silicon that the aggregate amount of all deposit accounts maintained at financial institutions outside of the United States do not, in the aggregate, exceed $500,000 and will not, while this Agreement is in effect, exceed $600,000 in the aggregate. Borrower: Silicon: P-COM, INC. SILICON VALLEY BANK By /s/ Xxxxxxxx X. Xxxxxxxxxx BY /s/ Xxxxxxxxxxx X. Xxxx -------------------------- ----------------------- President or Vice President Title Senior VP By /s/ Xxxxxxxx X. Xxxx ---------------------------- Secretary or Ass't Secretary Borrower: P-COM NETWORK SERVICES, INC. By /s/ Xxxxxxxx X. Xxxxxxxxxx --------------------------- President or Vice President By /s/ Xxxxxxxx X. Xxxx ---------------------------- Secretary or Ass't Secretary Form: -3 (3/7/02) Version -0 EXHIBIT A [ATTACH PROJECTIONS]
Sample 1
Foreign Bank Accounts. Borrower represents and warrants to Silicon that the aggregate amount of all deposit accounts maintained at financial institutions outside of the United States do not, in the aggregate, exceed $500,000 and will not, while this Agreement is in effect, exceed $600,000 in the aggregate. ================================================================================ 9. EXIM PROVISIONS:
Sample 1
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Foreign Bank Accounts. The Borrower shall not, and shall not permit any Subsidiary of the Borrower to, establish or maintain any deposit account outside the United States other than those identified on Schedule 9.14 as a "foreign account" and shall not permit the deposit of monies in any such "foreign account" except for deposit payments, payments received from operations of the Borrower or such Subsidiary in a foreign country and transfers necessary to maintain such foreign operations and otherwise not prohibited under the terms of this Agreement.
Sample 1

Related to Foreign Bank Accounts

  • Bank Account Payments shall be made to the Contractor’s bank account denominated in euro, identified as follows: Name of bank: [complete] Address of branch in full: [complete] Exact designation of account holder: [complete] Full account number including codes: [complete] [IBAN code: [complete]]

  • Bank Accounts The Custodian shall identify on its books as belonging to the applicable Fund cash (including cash denominated in foreign currencies) deposited with the Custodian. Where the Custodian is unable to maintain, or market practice does not facilitate the maintenance of, cash on the books of the Custodian, a bank account or bank accounts shall be opened and maintained outside the United States on behalf of a Portfolio with a Foreign Sub-Custodian. All accounts referred to in this Section shall be subject only to draft or order by the Custodian (or, if applicable, such Foreign Sub-Custodian) acting pursuant to the terms of this Agreement to hold cash received by or from or for the account of the Portfolio. Cash maintained on the books of the Custodian (including its branches, subsidiaries and affiliates), regardless of currency denomination, is maintained in bank accounts established under, and subject to the laws of, The Commonwealth of Massachusetts.

  • Location of Bank Accounts Schedule 6.01(v) sets forth a complete and accurate list as of the Effective Date of all deposit, checking and other bank accounts, all securities and other accounts maintained with any broker dealer and all other similar accounts maintained by each Loan Party, together with a description thereof (i.e., the bank or broker dealer at which such deposit or other account is maintained and the account number and the purpose thereof).

  • Bank Accounts, etc A true and correct and complete list as of the ------------------- date of this Agreement of all banks, trust companies, savings and loan associations and brokerage firms in which the Company or any Subsidiary has an account or a safe deposit box and the names of all Persons authorized to draw thereon, to have access thereto, or to authorize transactions therein, the names of all Persons, if any, holding powers of attorney from the Company or any Subsidiary and a summary statement as to the terms thereof has been previously delivered to VIALOG.

  • Deposits to the Bank Account 3.1 The Selling Agents shall promptly deliver to the Escrow Agent all monies which they receive from prospective purchasers of the Securities, which monies shall be in the form of checks or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “HIGHTIMES HOLDING CORP.’s. Escrow Account.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser, or if the Escrow Agent has insufficient information to do so, then to the applicable Selling Agent (together with any Subscription Information, as defined below or other documents delivered therewith) by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

  • Bank Accounts; Investments Capital Contributions, revenues and any other Company funds shall, as directed by Preferred, be deposited by the Company in trading accounts (whether “regulated” or “unregulated”) established in the name of the Company. As provided by Rule 4.20(c) of the Commodity Futures Trading Commission (the “CFTC”), no other funds shall be deposited into the Company’s trading accounts or commingled with Company investments. Funds deposited in the Company’s trading accounts may be withdrawn only to be invested in furtherance of the Company’s purposes, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.

  • Bank Accounts; Receivables (a) Part 2.7(a) of the Disclosure Schedule provides accurate information with respect to each account maintained by or for the benefit of the Company at any bank or other financial institution.

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