Common use of Deposit Relationship Clause in Contracts

Deposit Relationship. Borrower shall maintain, or shall cause its affiliates or the Associations to maintain, a deposit account or deposit accounts with Agent with an aggregate amount on deposit of not less than $2,500,000 as of June 30, 2020 and at all times thereafter until all Obligations have been paid in full, such minimum amount on deposit to be tested monthly on a rolling three-(3) month average basis. Interest rates paid for funds on deposit would be “market rates” as then offered by Lender.”