Common use of Collections; Modification of Terms Clause in Contracts

Collections; Modification of Terms. Without limiting any rights Lender may have pursuant to Section 20.1 above, upon the occurrence and during the continuance of an Event of Default, Lender may demand, xxx for, collect and give receipts for any money, instruments or property payable or receivable on account of or in exchange for any of the Collateral, or make any compromises it deems necessary or proper, including without limitation, extending the time of payment, permitting payment in installments, or otherwise modifying the terms or rights relating to any of the Collateral, all of which may be effected without notice to or consent by Borrower and without otherwise discharging or affecting the Obligations, the Collateral or the security interest granted under this Agreement or any of the Loan Documents.

Collections; Modification of Terms. Without limiting any rights Lender may have pursuant to Section 20.1 18.1 above, upon the occurrence and during the continuance of an Event of Default, Lender may demand, xxx for, collect and give receipts for any money, instruments or property payable or receivable on account of or in exchange for any of the Collateral, or make any compromises it deems necessary or proper, including without limitation, extending the time of payment, permitting payment in installments, or otherwise modifying the terms or rights relating to any of the Collateral, all of which may be effected without notice to or consent by Borrower and without otherwise discharging or affecting the Obligations, the Collateral or the security interest granted under this Agreement or any of the Loan Documents.

Collections; Modification of Terms. Without limiting any rights Lender may have pursuant to Section 20.1 above, upon the occurrence and during the continuance of an Event of Default, Lender may demand, xxx for, collect and give receipts for any money, instruments or property payable or receivable on account of or in exchange for any of the Collateral, or make any compromises it deems necessary or proper, including without limitation, extending the time of payment, permitting payment in installments, or otherwise modifying the terms or rights relating to any of the Collateral, all of which may be effected without notice to or consent by either Borrower and without otherwise discharging or affecting the Obligations, the Collateral or the security interest granted under this Agreement or any of the Loan Documents.

Collections; Modification of Terms. Without limiting At any rights Lender may have pursuant to Section 20.1 above, upon time after the occurrence and during the continuance of an Event of Default, Lender may may, in its sole and absolute discretion, and at any time, with respect to any of the Collateral, demand, xxx for, collect and give receipts for or receive any moneymoney or property, instruments or property at any time payable or receivable on account of or in exchange for any of the Collateralfor, or make any compromises it deems necessary or proper, desirable including without limitation, limitation extending the time of payment, permitting arranging for payment in installments, or otherwise modifying the terms or rights relating with respect to any of the Collateral, all of which may be effected without notice to or consent by Borrower and without otherwise discharging or affecting the Obligations, the Collateral or the security interest interests granted under this Agreement or any of the Loan Documentshereunder.