Cancellation of Indebtedness Owed to It. The Borrower shall not cancel, or permit any of its Subsidiaries to cancel, any claim or Indebtedness owed to it except for adequate consideration or in the ordinary course of business.
Appears in 3 contracts
Samples: Credit Agreement (Elder Beerman Stores Corp), Credit Agreement (Elder Beerman Stores Corp), Credit Agreement (Elder Beerman Stores Corp)
Cancellation of Indebtedness Owed to It. The Borrower shall not, and shall not cancel, or permit any of its Subsidiaries to cancelto, cancel any claim or Indebtedness owed to it any of them except for adequate consideration or in the ordinary course of businessbusiness consistent with past practice.
Appears in 2 contracts
Samples: Credit Agreement (Washington Group International Inc), Credit Agreement (Washington Group International Inc)
Cancellation of Indebtedness Owed to It. The Borrower shall will not, and will not cancel, or permit any of its Subsidiaries to cancelto, cancel any claim or Indebtedness owed to it except for adequate consideration or in the ordinary course of businessbusiness consistent with past practice.
Appears in 2 contracts
Samples: Credit Agreement (Paxson Communications Corp), Credit Agreement (Paxson Communications Corp)
Cancellation of Indebtedness Owed to It. The Borrower shall not, and shall not cancel, or permit any of its Subsidiaries to cancelto, cancel any claim or Indebtedness owed to it except for adequate consideration or in the ordinary course of business.
Appears in 1 contract
Cancellation of Indebtedness Owed to It. The Borrower shall will not, and will not cancel, or permit any of its Subsidiaries to cancelto, cancel any claim or Indebtedness owed to it except for adequate consideration or in the ordinary course of businessbusiness consistent with past practice, other than with respect to loans to employees or in the context of any Indebtedness of directors or employees agents of the Borrower and/or its Subsidiaries.
Appears in 1 contract
