Common use of Additional Bank Accounts Clause in Contracts

Additional Bank Accounts. Borrowers shall not, directly or indirectly, open, establish or maintain any deposit account, investment account or any other account with any bank or other financial institution, other than the Blocked Accounts and the accounts set forth in Schedule 8.8 hereto, except:(a) as to any new or additional Blocked Accounts and (b) as permitted by Sections 7.11 and 7.12 hereof.

Additional Bank Accounts. Borrowers Borrower shall not, directly or indirectly, open, establish or maintain any deposit account, investment account or any other account with any bank or other financial institution, other than the Blocked Accounts and the accounts set forth in Schedule 8.8 8.10 hereto, except:(a) as to any new or additional Blocked Accounts and (b) as permitted by Sections 7.11 and 7.12 hereof.except:

Additional Bank Accounts. Borrowers Borrower shall not, directly or indirectly, open, establish or maintain any deposit account, investment account or any other account with any bank or other financial institution, other than the Blocked Collection Accounts and the accounts set forth in Schedule 8.8 8.11 hereto, except:(aexcept: (a) as to any new or additional Blocked Collection Accounts and other new or additional accounts which do not, 47 53 and will not, contain any Collateral or proceeds thereof, and (b) as permitted to any accounts used by Sections 7.11 and 7.12 hereofBorrower to make payments of payroll, taxes or other obligations to third parties, after prior written notice to Lender.

Additional Bank Accounts. Borrowers Borrower shall not, directly or indirectly, open, establish or maintain any deposit account, investment account or any other account with any bank or other financial institution, other than the Blocked Accounts and the accounts set forth in Schedule 8.8 8.10 hereto, except:(aexcept: (a) as to any new or additional Blocked Accounts and other such new or additional accounts which contain any Collateral or proceeds thereof, with the prior written consent of Lender and subject to such conditions thereto as Lender may establish and (b) as permitted by Sections 7.11 and 7.12 hereof.)

Additional Bank Accounts. Borrowers shall notNo Borrower shall, directly or indirectly, open, establish or maintain any deposit account, investment account or any other account with any bank or other financial institution, other than the Blocked Accounts and the accounts set forth in Schedule 8.8 6.3 hereto and Schedule 5.2(d) hereto, except:(a) as except to any new or additional Blocked Accounts and (b) as the extent permitted by Sections 7.11 5.2(d) and 7.12 5.2(e) hereof."

Additional Bank Accounts. Borrowers Borrower shall not, directly or indirectly, open, establish or maintain any deposit account, investment account or any other account with any bank or other financial institution, other than the Blocked Accounts and the accounts set forth in Schedule 8.8 hereto, except:(aexcept: (a) as to any new or additional Blocked Accounts and other such new or additional accounts which contain any Collateral or proceeds thereof, with the prior written consent of Lender and subject to such conditions thereto as Lender may establish and (b) as permitted by Sections 7.11 and 7.12 hereof.)

Additional Bank Accounts. Borrowers Borrower shall not, directly or indirectly, open, establish or maintain any deposit account, investment account or any other account with any bank or other financial institution, other than the Blocked Accounts and maintained with HSBC Bank and, subject Section 6.7, the accounts set forth in Schedule 8.8 SCHEDULE 5.23 hereto, except:(a) as to any new or additional Blocked Accounts and (b) as permitted by Sections 7.11 and 7.12 hereof.