Maintain Accounts. Each Lender shall maintain in accordance with its usual practice accounts evidencing the amounts from time to time lent by and owing to it under this Agreement.
Maintain Accounts. Pursuant to the provisions of this Agreement, the General Partner shall maintain or cause to be maintained capital accounts on the books and records of the Partnership in respect of each Partnership Interest.
Maintain Accounts. The Grantor shall maintain the accounts with the depository institutions listed with particularity on Schedule 3.1B to the Reimbursement Agreement as its primary cash accounts.
Maintain Accounts. To permit the Lender to monitor the Borrower's financial performance and condition, the Borrower shall maintain the Borrower's primary depository and operating accounts with the Lender.
Maintain Accounts. To permit the Administrative Agent to monitor the Borrowers’ financial performance and condition, each Borrower shall maintain all of such Borrower’s depository accounts with any of the Lenders or other depository institutions disclosed to, and reasonably acceptable to the Administrative Agent, with all significant deposits to be maintained with any Lender. Upon the occurrence of an Event of Default which continues uncured or waived, all third party depository accounts shall be transferred to, maintained with, and controlled by the Administrative Agent. Any amounts not deposited directly with the Lenders and received by any third party institution during any transition shall be transferred on a daily basis to an account established and controlled by the Administrative Agent.
Maintain Accounts. The Debtor shall use its commercially reasonable efforts to cause to be collected from its account debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, delinquent Accounts, such Accounts to be collected in accordance with lawful collection procedures and the Debtor’s standard procedures) and apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account, except that, unless an Event of Default has occurred and is continuing and the Secured Party is exercising its rights hereunder to collect Accounts, the Debtor may allow in the ordinary course of business as adjustments to amounts owing under its Accounts (i) an extension or renewal of the time or times of payment, or settlement for less than the total unpaid balance, which the Debtor finds appropriate in accordance with prudent business judgment and (ii) a refund or credit due as a result of returned or damaged merchandise, all in accordance with the Debtor’s ordinary course of business consistent with its historical practices. The costs and expenses (including, without limitation, attorney’s fees) of collection, whether incurred by the Debtor or the Secured Party, shall be borne by the Debtor.
Maintain Accounts. Maintain an operating account with Administrative Agent.
Maintain Accounts. To permit the Lenders to monitor the Borrowers' financial performance and condition, each Borrower shall maintain all of such Borrower's depository accounts with the Agents or depository institutions acceptable to the Agents, which institutions have entered into satisfactory lockbox and agency account agreements with such Borrower and the Administrative Agent. Any amounts received by such third party institutions shall be transferred on a daily basis to an account established and controlled by the Administrative Agent to be applied in accordance with the terms hereof.
Maintain Accounts. The Facility Agent shall maintain, in accordance with its usual practice, accounts evidencing the amounts from time to time lent by and/or owing to the Facility Agent and each Lender under this agreement.
Maintain Accounts. To permit the Administrative Agent to monitor the Borrowers' financial performance and condition, each Borrower shall maintain all of such Borrower's depository accounts with any of the Lenders or other depository institutions disclosed to, and reasonably acceptable to the Administrative Agent, with all significant deposits to be maintained with any Lender; provided, however, for a period of six (6) months commencing on the date hereof, the foregoing requirement shall not apply to those existing depository accounts of Impact which during such period, the Borrowers will, in good faith, work diligently to transfer to any of the Lenders (or another depository institutions disclosed to, and reasonably acceptable to the Administrative Agent); provided further, however, the aggregate outstanding principal balance of any such existing depository accounts shall not exceed $500,000.00, at any time. Upon the occurrence of an Event of Default which continues uncured or waived, all third party depository accounts shall be transferred to, maintained with, and controlled by the Administrative Agent. Any amounts not deposited directly with the Lenders and received by any third party institution during any transition shall be transferred on a daily basis to an account established and controlled by the Administrative Agent.
