Common use of Automatic Sweep Clause in Contracts

Automatic Sweep. Company shall direct in writing the bank at which the Company Account is maintained to transfer electronically all such amounts in the Company Account at the end of each business day of to the Service Company Account.

Appears in 8 contracts

Sources: Services Agreement (Wolverine Partners Corp.), Services Agreement (Wolverine Partners Corp.), Services Agreement (Wolverine Partners Corp.)

Automatic Sweep. Company irrevocably (during the term of this Agreement) shall direct in writing the bank at which the Company Account is maintained to transfer electronically all such amounts in the Company Account at the end of each business day of to the Service Company Account.

Appears in 1 contract

Sources: Regulatory Compliance Agreement