No Additional Bank Accounts. Except as provided in Section 6.16, Borrowers shall not open, maintain or otherwise have any bank accounts.
No Additional Bank Accounts. Permit (i) any Secured Credit Party (other than CIL) to open, maintain or otherwise have any checking, savings or other accounts at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the accounts set forth on Schedule 9.10 hereto and, after the Closing Date, such other accounts so long as each such account (other than payroll and xxxxx cash accounts maintained as zero balance accounts and other similar bank accounts with limited or no activity and balances not exceeding $10,000) is subject to a tri-party lockbox or other blocked account agreement satisfactory to the Agent nor (ii) CIL to keep any account as its primary account or as a "concentration" account other than those currently maintained at Bank of America, N.A. in London. All such checking, savings or other accounts of CBI shall, subject to the terms hereof, be under the sole dominion and control of the Agent in accordance with the Security Agreement. All payroll and xxxxx cash accounts shall be maintained as zero balance accounts.
No Additional Bank Accounts. The Credit Parties will not open, maintain or otherwise have any checking, savings or other accounts at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the accounts set forth on Schedule 9.12 hereto and, after the Closing Date, such other accounts so long as each such account is subject to a tri-party lockbox or other blocked account agreement satisfactory to the Administrative Agent. To the extent required by Section 3.1 or 3.2, as the case may be, all such checking, savings or other accounts of the Credit Parties shall be under the sole dominion and control of the Administrative Agent in accordance with Section 3.1 or 3.2.
No Additional Bank Accounts. No Credit Party shall, or shall permit any of its Subsidiaries to, directly or indirectly, open, maintain or otherwise have any checking, savings or other accounts of any kind whatsoever at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the depositary accounts set forth on Schedule 7.11.
No Additional Bank Accounts. Permit (i) any Secured Credit Party (other than CIL) to open, maintain or otherwise have any checking, savings or other accounts at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the accounts set forth on Schedule 9.10 hereto and, after the Closing Date, such other accounts so long as each such account (other than payroll and xxxxx cash accounts maintained as zero balance accounts and other similar bank accounts with limited or no activity and balances not exceeding $10,000) is subject to a tri-party lockbox or other blocked account agreement satisfactory to the Agent nor (ii) CIL to keep any account as its primary account or as a “concentration” account other than those currently maintained at Bank of America, N.A. in London. All such checking, savings or other accounts of CBI shall, subject to the terms hereof, be under the sole dominion and control of the Agent in accordance with the Security Agreement. All payroll and xxxxx cash accounts shall be maintained as zero balance accounts.
No Additional Bank Accounts. Open, maintain or otherwise have any checking, savings or other accounts at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the accounts set forth on Schedule 9.10 hereto.
No Additional Bank Accounts. Open, maintain or otherwise have any checking, savings or other accounts at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the accounts set forth on SCHEDULE 9.10 hereto and, after the Closing Date, such other accounts so long as each such account (other than payroll and xxxxx cash accounts maintained as zero balance accounts and other similar bank accounts with limited or no activity and balances not exceeding $10,000) is subject to a tri-party lockbox or other blocked account agreement satisfactory to the Agent. All such checking, savings or other accounts of the Borrowers shall be under the sole dominion and control of the Agent in accordance with the Security Agreement. All payroll and xxxxx cash accounts shall be maintained as zero balance accounts.
No Additional Bank Accounts. Open, maintain or otherwise have any checking, savings or other accounts at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the accounts set forth on Schedule 9.10 hereto and after the Closing Date, such other accounts so long as each such account is subject to a tri-party lockbox or other blocked account agreement acceptable to the Agent. All such deposit accounts, other than payroll and other zero balance accounts, shall be under the sole dominion and control of the Agent in accordance with the provisions of the Security Agreement, subject in each case to the terms of the applicable tri-party lockbox or other blocked account agreement acceptable to the Agent. Notwithstanding the foregoing, the Borrower may maintain (a) accounts (collectively, the "De Minimus Accounts") not under the sole dominion and control of the Agent so long as the balance in such account does not exceed $100,000 at any time and the aggregate balance in all such accounts does not exceed $1,000,000 and (b) the "Collateral Account" (as such term is defined in the Senior Secured Note Security Agreement as in effect on the Closing Date) so long as no "Excluded Assets" (as such term is defined in the Senior Secured Note Security Agreement as in effect on the Closing Date) are deposited therein.
No Additional Bank Accounts. Except with the prior written consent of the Agent, no Borrower shall, or shall permit any of its Subsidiaries to, directly or indirectly, open, maintain or otherwise have any checking, savings or other accounts at any bank or other financial institution, or any other account where money is or may be deposited or maintained with any Person, other than the Disbursement Account, the Depositary Accounts and the other accounts set forth on Schedule B, Part 8.12.
No Additional Bank Accounts. The Borrower will not, and will not --------------------------- permit any of its Subsidiaries (other than Insurance Sub) within the United States to, directly or indirectly, open, maintain or otherwise have any checking, savings or other deposit accounts at any bank or other financial institution where money is or may be deposited or maintained with any Person, other than (i) the Disbursement Account and the accounts set forth on Schedule XVII, (ii) local accounts for xxxxx cash deposit in the ordinary course of business and (iii) the "Collateral Account" (as defined in the Special Term Loan Agreement and as required under the Special Term Loan Documents).
