Cancellation of Debt. The Borrower shall not, and not permit any of the Operating Subsidiaries or any other Subsidiary to, cancel any claim or debt owing to it, except for reasonable consideration or in the ordinary course of business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Atlas Financial Holdings, Inc.), Loan Agreement (Atlas Financial Holdings, Inc.)
Cancellation of Debt. The Each Borrower shall will not, and will not permit any of the Operating its Subsidiaries or any other Subsidiary to, cancel any claim liability or debt owing owed to it, except for reasonable consideration or in the ordinary course of business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Del Global Technologies Corp), Loan and Security Agreement (Del Global Technologies Corp)
Cancellation of Debt. The Borrower shall will not, and will not permit any of the Operating its Subsidiaries or any other Subsidiary to, cancel any claim liability or debt owing owed to it, except for reasonable consideration or in the ordinary course of business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Grand Toys International LTD), Loan and Security Agreement (Hooper Holmes Inc)
