Common use of Accounts Clause in Contracts

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness consistent with its past practice, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall will not, other than in the ordinary course of businessbusiness consistent with its past practice, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account, or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other Other than in the ordinary course of business, such Grantor will not (i) grant any extension of the time of payment of any accountof such Grantor's Accounts, (ii) compromise or settle any account such Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount whatsoever on any account such Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could would reasonably be expected to adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness consistent with its past practice, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountaccount constituting Collateral, (ii) compromise or settle any such account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any such account, (iv) allow any credit or discount on any such account or (v) amend, supplement or modify any such account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness or in a transaction permitted under the Second Lien Credit Agreement, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall will not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account, or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such The Grantor shall not, other than in the ordinary course of businessbusiness consistent with its past practice, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in as permitted by the ordinary course of businessCredit Agreement, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could reasonably be expected to materially adversely affect the value thereof.

Accounts. (a) Such The Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness or as otherwise permitted or required under the AR Credit Lines, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could reasonably be expected to materially and adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness or otherwise permitted in the Credit Agreement, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could would materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in as permitted by the ordinary course of businessCredit Agreement consistent with its reasonable business judgment, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall will not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account, or (v) amend, supplement or modify any account Account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness consistent with its past practice, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could materially adversely affect the value thereof.

Accounts. (ad) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could would reasonably be expected to adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness or in a transaction permitted under the Credit Agreement, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall will not, other than in the ordinary course of businessbusiness consistent with its past practice, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (aiii) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Except as otherwise consented to by the Administrative Agent, such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness or otherwise permitted by the Credit Documents, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account account, or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could materially and adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could would reasonably be expected to adversely affect the value thereofthereof in a material manner.

Accounts. (ai) Such Grantor shall not, other Other than in the ordinary course of business, such Grantor will not (i) grant any extension of the time of payment of any accountof such Grantor's Accounts, (ii) compromise or settle any account such Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount whatsoever on any account such Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (ai) Such Grantor shall not, other than in the ordinary course of businessbusiness consistent with its past practice, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereofthereof in any material way.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountaccount constituting Collateral, (ii) compromise or settle any such account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any such account, (iv) allow any credit or discount on any such account or (v) amend, supplement or modify any such account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof. GUARANTY AND SECURITY AGREEMENT AKORN, INC.

Accounts. (a) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness or with the consent of the Agent, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could would materially and adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any accountAccount, (ii) compromise or settle any account Account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any accountAccount, (iv) allow any credit or discount on any account Account or (v) amend, supplement or modify any account Account in any manner that could adversely affect the value thereof.

Accounts. (ae) Such Grantor shall not, other than in the ordinary course Ordinary Course of businessBusiness, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could would reasonably be expected to adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of businessbusiness or as otherwise permitted under the Credit Agreement, (ia) grant any extension of the time of payment of any account, (iib) compromise or settle any account for less than the full amount thereof, (iiic) release, wholly or partially, any Person liable for the payment of any account, (ivd) allow any credit or discount on any account or (ve) amend, supplement or modify any account in any manner that could materially adversely affect the value thereof.

Accounts. (a) Such Grantor shall not, other than in the ordinary course of business, (i) grant any extension of the time of payment of any account, (ii) compromise or settle any account having a value in excess of $500,000.00 for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any account, (iv) allow any credit or discount on any account or (v) amend, supplement or modify any account in any manner that could adversely affect the value thereof.