Certain Deposit Accounts. No later than one hundred eighty (180) days after the Closing Date, unless a longer period is agreed to by Agent, Borrowers shall have closed those Deposit Accounts designated as Deposit Accounts to be closed in Schedule 6.19 hereto; provided that, prior to any such closing, Borrowers shall periodically (but in no event less frequently than weekly to the extent that the balances exceed Ten Thousand Dollars ($10,000)) remit funds from such Deposit Accounts to the Concentration Account.
Appears in 2 contracts
Sources: Credit Agreement (Gibraltar Industries, Inc.), Credit Agreement (Gibraltar Industries, Inc.)
Certain Deposit Accounts. No later than one hundred eighty (180100) days after the Closing Date, Date (unless a longer period is agreed to by Agent), Borrowers Borrower shall have closed those the Deposit Accounts designated as Deposit Accounts to be closed in Schedule 6.19 hereto; provided that, prior to any such closing, Borrowers shall periodically (but in no event less frequently than weekly to the extent that the balances exceed Ten Thousand Dollars ($10,000)) remit funds from such Deposit Accounts to the Concentration Account.
Appears in 1 contract
Sources: Credit and Security Agreement (Kratos Defense & Security Solutions, Inc.)