Common use of Current Accounts Clause in Contracts

Current Accounts. Until the full satisfaction of all the obligations owed to the Bank under any Financing Document, in addition to the obligations provided at Section 5 (General undertakings of the Debtors) from Chapter 1 (General provisions) hereof, the Borrower undertakes to maintain current accounts open with the Bank in each of the Multiproduct Facility Currencies.

Appears in 4 contracts

Sources: General Conditions for Credit Facilities, General Conditions for Credit Facilities, General Conditions for Credit Facilities