Common use of Deposit and Operating Accounts Clause in Contracts

Deposit and Operating Accounts. The Borrower will maintain and will cause each of the Guarantors and its Subsidiaries to maintain primary deposit and operating accounts with Capital One or such other Lender (or any one or more of them) acceptable to Borrower; provided, however, the target of an Acquisition will be allowed up to eighteen (18) months following such Acquisition to transfer accounts to Capital One or such other Lender (or any one or more of them) acceptable to Borrower.

Appears in 3 contracts

Sources: Credit Agreement (LHC Group, Inc), Credit Agreement (LHC Group, Inc), Credit Agreement (LHC Group, Inc)