Common use of No Corporate Credit Party Clause in Contracts

No Corporate Credit Party. (i) shall (nor shall it permit any of its Subsidiaries, other than webADTV and its Subsidiaries, to) open or maintain any deposit, checking, operating or other bank account, or similar money handling account, with any bank or other financial institution except for those accounts identified in Attachment I hereto (to include a xxxxx cash account not to exceed $100,000 during any Fiscal Month, and a payroll account not to exceed an amount equal to one regular payroll at any time); and (ii) shall close or permit to be closed any of the accounts listed in Attachment I hereto, in each case without Lender's prior written consent, and then only after such Credit Party has implemented agreements with such bank or financial institution and Lender acceptable to Lender.

No Corporate Credit Party. (i) shall (nor shall it permit any of its Subsidiaries, other than webADTV and its Subsidiaries, Subsidiaries to) open or maintain any deposit, checking, operating or other bank account, or similar money handling account, with any bank or other financial institution except for those accounts identified in Attachment I hereto (to include a xxxxx petty cash account not to exceed $100,000 5,000 during any Fiscal Month, and a payroll x xxyroll account not to exceed an amount equal to one regular payroll at any time); and (ii) shall close or permit to be closed any of the accounts listed in Attachment I hereto, in each case without Lender's prior written consent, and ------------------- then only after such Credit Party has implemented agreements with such bank or financial institution and Lender acceptable to Lender.

No Corporate Credit Party. (i) shall (nor shall it permit any of its Subsidiaries, other than webADTV and its Subsidiaries, Subsidiaries to) open or maintain any deposit, checking, operating or other bank account, or similar money handling account, with any bank or other financial institution except for those accounts identified in Attachment I hereto (to include a xxxxx cash account not to exceed $100,000 20,000 in the aggregate for all Borrowers during any Fiscal Month, and a payroll account not to exceed an amount equal to one regular payroll at any time); and (ii) shall close or permit to be closed any of the accounts listed in Attachment I hereto, in each case without Lender's prior written consent, and then only after such Credit Party has implemented agreements with such bank or financial institution and Lender acceptable to Lender.