Common use of Compromise of Receivable; Other Obligations Clause in Contracts

Compromise of Receivable; Other Obligations. (i) Compromise or adjust any of the Accounts Receivable (or extend the time for payment thereof) or grant any discounts, allowance or credits thereon or permit any of their Subsidiaries to do so, in each case other than (i) as permitted by the Factoring Agreements and (ii) in the absence of a continuing Event of Default, in the ordinary course of business.

Compromise of Receivable; Other Obligations. (i) Compromise or adjust any of the Accounts Receivable (or extend the time for payment thereof) or grant any discounts, allowance or credits thereon or permit any of their its Subsidiaries to do so, in each case other than (i) as permitted by the Factoring Agreements and (ii) in the absence of a continuing Event of Default, in the ordinary course of business.