Common use of Payroll Accounts Clause in Contracts

Payroll Accounts. Maintain a greater balance in any payroll account than is necessary to support such Credit Party's current payroll and payroll for one additional payroll cycle (bi-monthly or weekly as applicable). ​

Appears in 1 contract

Sources: Credit and Security Agreement (Greenbrook TMS Inc.)

Payroll Accounts. Maintain a greater balance in any payroll account than is necessary to support such Credit Party's current payroll and payroll for one additional payroll cycle (bi-monthly or weekly as applicable). ​.

Appears in 1 contract

Sources: Credit and Security Agreement (Greenbrook TMS Inc.)