Common use of CHANGE IN ACCOUNTS RECEIVABLE Clause in Contracts

CHANGE IN ACCOUNTS RECEIVABLE. After the occurrence of an Event of Default or receipt of notice from the Lender that the Lender intends to commence direct collection of Accounts Receivable, permit or agree to any extension, compromise or settlement or make any change or modification of any kind or nature with respect to any Account Receivable, including any of the terms relating thereto.

CHANGE IN ACCOUNTS RECEIVABLE. After the occurrence of an Event of Default or and receipt of notice from the Lender that the Lender intends to commence direct collection of Accounts Receivable, permit or agree to any extension, compromise or settlement or make any change or modification of any kind or nature with respect to any Account Receivable, including any of the terms relating thereto.