Compromise of Accounts. Without Our prior written consent, none of You will (a) grant any material extension of the time or payment of any of the Receivables, or General Intangibles, except in the ordinary course of business and consistent with customary industry practice, (b) to any material extent, compromise, compound or settle the same for less than the full amount, except in the ordinary course of business and consistent with customary industry practice, (c) release, wholly or partly, any Person liable for the payment, or (d) allow any credit or discount whatsoever other than trade discounts granted to You in the ordinary course of Your business and consistent with customary industry practice.
Compromise of Accounts. Compromise or adjust any Account (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries to do so unless (i) no Default or Event of Default has occurred and is continuing and (ii) such compromise, adjustment or grant is made in the ordinary course of its business in accordance with its practices and policies.
Compromise of Accounts. Without Our prior written consent, none of You will (a) grant any material extension of the time for payment of any of the Receivables, or General Intangibles, except in the ordinary course of business and consistent with customary industry practice, (b) to any material extent, compromise, compound or settle the same for less than the full amount, except in the ordinary course of business and consistent with customary industry practice, (c) release, wholly or partly, any Person liable for the payment of Receivables, except for releases that are in the ordinary course of business and consistent with customary industry practice, or (d) allow any credit or discount whatsoever other than trade discounts granted to You in the ordinary course of Your business and consistent with customary industry practice. You acknowledge that You may not (i) transfer Your Receivables to any of Your Subsidiaries nor (ii) permit any of the Subsidiaries to enter into contractual relationships for the sale of Your products, without Our prior written consent (“Receivables Restriction”).
Compromise of Accounts. Compromise or settle, or extend the time of payment of, any Account without Lender's prior written consent.
Compromise of Accounts. Compromise or adjust or permit any of the Restricted Subsidiaries to compromise or adjust any of its accounts receivable (or extend the time for payment thereof) or grant any discounts, allowances or credits, in each case other than in the normal course of business.
Compromise of Accounts. Compromise or adjust any Account (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries to do so other than in the ordinary course of its business; provided during the existence of an Event of Default, no such compromises, adjustments or grants may be given, except as otherwise agreed to by the Administrative Agent, provided, however, in no event shall all such discounts, allowances and credits exceed $1,000,000 and no such extension of the time for payment extend beyond 30 days from the original due date thereof.
Compromise of Accounts. Compromise or settle, in an amount exceeding $50,000, or extend the time of payment of, any Account without Lender's prior written consent.
Compromise of Accounts. Compromise or adjust ---------------------- any Account (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries to do so other than in the ordinary course of its business; provided during the existence of an -------- Event of Default, no such compromises, adjustments or grants may be given, except as otherwise agreed to by the Administrative Agent, provided, -------- however, in no event shall all such discounts, allowances and credits exceed ------- $1,000,000 and no such extension of the time for payment extend beyond 30 days from the original due date thereof.
Compromise of Accounts. Debtor shall not, except in the ordinary course of business and prior to an Event of Default, grant any extension of time for payment of any Account or compromise, compound or settle the same for less than the full amount thereof, or release wholly or partly any person liable for the payment thereof, or allow any credit or discount whatsoever thereon.
Compromise of Accounts. No Debtor will adjust, settle, or compromise any of its Accounts, except for any adjustment, settlement, or compromise made by such Debtor in its reasonable judgment on any such account in the ordinary course of such Debtor’s business; provided, however, this exception shall terminate following Debtors’ receipt of written notice from Lender upon the occurrence and during the continuation of an Event of Default. Each Debtor shall provide to Lender such information concerning (i) any adjustment, settlement, or compromise of any such account, and (ii) any claim asserted by any account debtor for credit, allowance, adjustment, dispute, setoff or counterclaim, on any such account as Lender may reasonably request from time to time.
