Common use of Compromise of Accounts Receivable Clause in Contracts

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (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, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 in the aggregate and no such extension of the time for payment extend beyond 60 days from the original due date thereof.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries that are Designated Loan Parties to do so other than, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 in 2% of the aggregate amount of such Account Receivable and no such extension of the time for payment extend beyond 60 30 days from the original due date thereof.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (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, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such compromise, adjustment, discount, allowance or credit exceed $200,000 250,000 in the aggregate and no such extension of the time for payment extend beyond 60 ninety (90) days from the original due date thereof.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (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, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 50,000 in the aggregate and no such extension of the time for payment shall extend beyond 60 30 days from the original due date thereof.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (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, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its businessbusiness of the Borrower; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 1,500,000 in the aggregate in any one year and no such extension of the time for payment extend beyond 60 150 days from the original due date thereofdate.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (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, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 100,000 in the aggregate and no such extension of the time for payment extend beyond 60 120 days from the original due date thereof.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (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, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 in the aggregate 2% of invoice value and no such extension of the time for payment extend beyond 60 30 days from the original due date thereof.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its their Subsidiaries to do so other than, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its businessbusiness of the Loan Parties or their Subsidiaries, as the case may be; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 100,000 in the aggregate and no such extension of the time for payment extend beyond 60 days from the original due date thereofdate.

Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (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, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such discount, allowance or credit exceed $200,000 50,000 in the aggregate and no such extension of the time for payment extend beyond 60 30 days from the original due date thereof.