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.
Appears in 2 contracts
Samples: Credit Agreement (Bracknell Corp), Credit Agreement (Bracknell Corp)
Compromise of Accounts. Compromise or adjust or permit any of the Restricted its 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.
Appears in 1 contract
Compromise of Accounts. Compromise or adjust or permit any of the Restricted its Subsidiaries (other than Marsol) to compromise or adjust any of its accounts receivable Receivables (or extend the time for payment thereof) or grant any discounts, allowances or credits, in each case other than is customary in the industries in which they operate and in the normal course of business.
Appears in 1 contract
Samples: Credit Agreement (Marsulex Inc)