Common use of Compromise of Actions, etc Clause in Contracts

Compromise of Actions, etc. Any action, suit or proceeding brought by the Beneficiary pursuant to any of the terms of this Deed of Trust, the Credit Agreement, any other Loan Document, or otherwise, and any claim made by the Beneficiary hereunder or thereunder, may be compromised, withdrawn or otherwise dealt with by the Beneficiary without any notice to or approval of the Grantor.

Appears in 2 contracts

Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)

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Compromise of Actions, etc. Any action, suit or -------------------------- proceeding brought by the Beneficiary pursuant to any of the terms of this Deed of Trust, the Credit AgreementAgreements, any other Loan Document, or otherwise, and any claim made by the Beneficiary hereunder or thereunder, may be compromised, withdrawn or otherwise dealt with by the Beneficiary without any notice to or approval of the GrantorTrustor.

Appears in 1 contract

Samples: Credit Agreement (Aristotle Corp)

Compromise of Actions, etc. Any action, suit or proceeding brought by the Beneficiary pursuant to any of the terms of this Deed of Trust, the Credit AgreementIndenture, any the Senior Notes, or the other Loan DocumentSecurity Documents, or otherwise, and any claim made by the Beneficiary hereunder or thereunder, may be compromised, withdrawn or otherwise dealt with by the Beneficiary without any notice to or approval of the GrantorTrustor.

Appears in 1 contract

Samples: Sterling Chemical Inc

Compromise of Actions, etc. Any action, suit or proceeding brought by the Beneficiary pursuant to any of the terms of this Deed of Trust, the Credit AgreementIndenture, any the Notes, or the other Loan DocumentCollateral Documents, or otherwise, and any claim made by the Beneficiary hereunder or thereunder, may be compromised, withdrawn or otherwise dealt with by the Beneficiary without any notice to or approval of the GrantorTrustor.

Appears in 1 contract

Samples: Security Agreement (Sterling Chemicals Inc)

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Compromise of Actions, etc. Any action, suit or proceeding brought by the Beneficiary pursuant to any of the terms of this Deed of Trust, the Credit AgreementIndenture, any other Loan Documentthe Senior Secured Notes, or the Security Agreements, or otherwise, and any claim made by the Beneficiary hereunder or thereunder, may be compromised, withdrawn or otherwise dealt with by the Beneficiary without any notice to or approval of the GrantorTrustor.

Appears in 1 contract

Samples: Sterling Chemical Inc

Compromise of Actions, etc. Any action, suit or proceeding -------------------------- brought by the Beneficiary pursuant to any of the terms of this Deed of Trust, the Credit Agreement, any other Loan Document, or otherwise, and any claim made by the Beneficiary hereunder or thereunder, may be compromised, withdrawn or otherwise dealt with by the Beneficiary without any notice to or approval of the Grantor.

Appears in 1 contract

Samples: Aristotle Corp

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