Agreements with Account Debtors. After an Event of Default hereunder, no discount, credit or allowance shall be granted by Borrower to any account debtor and no return of merchandise shall be accepted by Borrower without Capital's consent. Capital may, after an Event of Default, settle or adjust disputes and claims directly with account debtors for amounts and upon terms which Capital considers advisable, and in such cases, Capital will credit Borrower's account with only the net amounts received by Capital in payment of such disputed Accounts, after deducting all Capital Expenses incurred or expended in connection therewith.
Agreements with Account Debtors. Grant any discount, credit or allowance to any Account Debtor or accept any return of merchandise without Lender’s consent, except, when no Event of Default exists, in the Ordinary Course of Business. Lender may, after an Event of Default, settle or adjust disputes and claims directly with Account Debtors for amounts and upon terms which Lender considers advisable, and in such cases, Lender will credit Borrower’s account with only the net amounts received by Lender in payment of such disputed Accounts, after deducting all Lender Expenses incurred or expended in connection therewith.
Agreements with Account Debtors. After an Event of Default hereunder, no discount, credit or allowance shall be granted by Borrower to any Account Debtor and no return of merchandise shall be accepted by Borrower without MCI’s consent. MCI may, after an Event of Default, settle or adjust disputes and claims directly with Account Debtors for amounts and upon terms which MCI considers advisable, and in such cases, MCI will credit Bxxxxxxx’s account with only the net amounts received by MCI in payment of such disputed Accounts, after deducting all MCI Expenses incurred or expended in connection therewith.
Agreements with Account Debtors. After an Event of Default ------------------------------- hereunder, no discount, credit or allowance shall be granted by Borrower to any account debtor and no return of merchandise shall be accepted by Borrower without Lenders' consent. Lenders may, after an Event of Default, settle or adjust disputes and claims directly with account debtors for amounts and upon terms which Lenders consider advisable, and in such cases, Lenders will credit 74 the Secured Obligations with only the net amounts received by Lenders in payment of such disputed accounts, after deducting all Lender Expenses incurred or expended in connection therewith.
Agreements with Account Debtors. After an Event of Default and during the continuation thereof, no discount, credit or allowance shall be granted by Borrower to any account debtor and no return of merchandise shall be accepted by Borrower without SMB's consent. SMB may, after an Event of Default and during the continuation thereof, settle or adjust disputes and claims directly with account debtors for amounts and upon terms which SMB considers advisable, and in such cases, SMB will credit Borrower's account with only the net amounts received by SMB in payment of such disputed Accounts, after deducting all SMB Expenses incurred or expended in connection therewith.
Agreements with Account Debtors. Grant any discount, credit or allowance to any Account Debtor or accept any return of merchandise without Agents’ consent, except, when no Event of Default exists, in the Ordinary Course of Business. Administrative Agent may, during the continuance of an Event of Default, settle or adjust disputes and claims directly with Account Debtors for amounts and upon terms which Administrative Agent considers advisable, and in such cases, Administrative Agent will credit Borrower's account with only the net amounts received by Administrative Agent in payment of such disputed Accounts, after deducting all Lender Group Expenses incurred or expended in connection therewith.
