Cancellation of Indebtedness Owed to It. Cancel any claim or Indebtedness owed to it except for legitimate business purposes in the reasonable judgment of Borrower and in the ordinary course of business.
Appears in 3 contracts
Samples: Credit Agreement (Praegitzer Industries Inc), Credit Agreement (Itron Inc /Wa/), Credit Agreement (Praegitzer Industries Inc)
Cancellation of Indebtedness Owed to It. Cancel any claim or Indebtedness owed to it except for legitimate business purposes in the reasonable judgment of Borrower and in the ordinary course of businessbusiness and except for obligations owed to it by another Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Williams Controls Inc), Credit Agreement (Ajay Sports Inc)
