ADDITIONAL BANK ACCOUNTS definition
ADDITIONAL BANK ACCOUNTS has the meaning assigned to such term in Section 2.01(b) of this Pledge Agreement;
ADDITIONAL BANK ACCOUNTS. No Corporate Obligor 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 Charged Accounts as set forth in Schedule 9 to the Debenture, except: (i) 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 Burdale and subject to such conditions thereto as Burdale may establish or as required by this Agreement and (ii) as to any accounts used by such Company to make payments of payroll, Taxes or other obligations to third parties, after prior written notice to Burdale.