Credit Lines. U.S. Bank shall provide the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Group demand lines of credit, which shall be collateralized by marketable securities. Additionally, U.S. Bank shall provide the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Group a daylight overdraft line and a day loan line in the amounts mutually agreed upon by U.S. Bank and the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Group which shall be documented in a separate agreement and also be subject to no material adverse change in the financial condition of ▇▇▇▇▇ ▇▇▇▇▇▇▇.
Appears in 2 contracts
Sources: Business Alliance Agreement (Piper Jaffray Companies), Business Alliance Agreement (Piper Jaffray Companies)
Credit Lines. U.S. Bank shall provide the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Group demand lines of credit, which shall be collateralized by marketable securities. Additionally, at its discretion, U.S. Bank shall may provide the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Group a daylight overdraft line and a discretionary day loan line in the amounts mutually agreed upon by U.S. Bank and the ▇▇▇▇▇ ▇▇▇▇▇▇▇ Group which shall be documented in a separate agreement and also be subject to no material adverse change in the financial condition of ▇▇▇▇▇ ▇▇▇▇▇▇▇line.
Appears in 1 contract
Sources: Business Alliance Agreement (Piper Jaffray Companies)