Primary Operating Accounts. The Borrower shall at all times maintain its primary operating accounts, and collection/lockbox services with the Lender. The Borrower recognizes and agrees that the pricing for the Revolving Credit Facility set forth herein is based on the assumption that the Borrower will maintain its primary operating accounts with the Lender, and that, in the event that the Borrower fails to do so, the Lender may, among other things, adjust the applicable interest rate or fees in order to maintain its required rate of return.
Appears in 1 contract
Primary Operating Accounts. The Borrower shall at all times Borrowers hereby agree to maintain its the primary operating accounts, and collection/lockbox services account for the business operations of the Borrowers with the Lender. The Borrower recognizes Borrowers recognize and agrees agree that the pricing for the Revolving Credit Facility set forth herein is based on the assumption that the Borrower Borrowers will so maintain its their primary operating accounts with the Lender, and that, in the event that the Borrower fails Borrowers fail to do so, the Lender may, among other things, adjust the applicable interest rate or fees in order to maintain its required rate of return.
Appears in 1 contract