Common use of Compromise of Accounts Clause in Contracts

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 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 Agentbusiness consistent with historical practices, provided, however, in no event shall all such discounts, allowances and credits exceed $1,000,000 500,000 in any Fiscal Year and no such extension of the time for payment extend beyond 30 days from the original due date thereof, in each case without the prior written consent of the Administrative Agent.

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 Agentbusiness consistent with historical practices, provided, however, in no event shall all such discounts, allowances and credits exceed $1,000,000 500,000 and no such extension of the time for payment extend beyond 30 days from the original due date thereof.

Compromise of Accounts. Compromise or 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 Agentbusiness consistent with historical practices, provided, however, in no event shall all such discounts, allowances and credits exceed $1,000,000 500,000 and no such extension of the time for payment extend beyond 30 days from the original due date thereof, in each case without the prior written consent of the Administrative Agent.