Compromises. In general.
Compromises. Holdco may grant discharges, settle by compromise, renounce rights or grant extensions with respect to the Collateral. It may also settle by compromise with the Pledgor and grant any Person extensions without affecting its other rights hereunder.
Compromises. No voluntary arrangement, compromise, composition, scheme of arrangement, standstill agreement, deferral, rescheduling or other readjustment or reorganisation or other arrangement between any Group Company and its creditors and/or its members (or any class of either of them) has been approved by or proposed in respect of any Group Company.
Compromises. No voluntary arrangement, compromise, composition, scheme of arrangement, standstill or standfast agreement, deferral, rescheduling or other readjustment or reorganisation or other arrangement between the Company and its creditors and/or its members (or any class of either of them) has been proposed by the Company.
Compromises. I n general. E xcep t wi t h r espec t t o ce r t a i n c r i m i n a l li a bili t ies a r i s i n g un de r t h e i n t e rn a l r eve nu e l a ws r el a t - i n g t o n a r co t ics, s m o k i n g opi u m , a n d m a r i xx x x x , t h e Co mm issio n e r m a y co m p r o m i se a ny civil o r c r i m i n a l li- a bili t y a r i s i n g un de r t h e i n t e rn a l r eve- nu e l a ws p r io r t o r efe r e n ce of a c a se i n- volvi n g s u c h li a bili t y t o t h e Dep a r t - m e n t of J u s t ice fo r p r osec u t io n o r de- fe n se. A ny s u c h li a bili t y m a y be co m - p r o m i sed o n l y u po n o n e o r bo t h of t h e followi n g t wo g r o un ds:
Compromises. The Parties hereby agree that neither the giving of any consideration hereunder nor its acceptance shall operate as or be evidence of any admission of liability for any claim hereby released, and further agree that, by the execution of this Agreement, the Parties do not admit the truthfulness of any of the claims or allegations made by any opposing Party; rather, such claims, allegations and liability have been, and are hereby, expressly denied by each of the Parties.
Compromises. No voluntary arrangement or compromise between the Sellers or the Companies and their respective creditors (or any class of them) has ever been proposed or approved.
Compromises. Releases. Etc. The Guarantor agrees that:
(a) The Bank is hereby authorized from time to time, without notice to anyone, to make any sales, pledges, surrenders, compromises, settlements, releases, indulgences, alterations, substitutions, exchanges, changes in, modifications or other disposition, including, without limitation, cancellations, of all or any part of the Loan indebtedness, or of any contract or instrument evidencing any thereof, or of any security or collateral therefor, and/or to take any security for or other guaranties upon any of said indebtedness; and the liability of the Guarantor shall not be in any manner affected, diminished or impaired thereby, or by any lack of diligence, failure, neglect, or omission on the part of the Bank to make any demand or protest, or to give any notice of dishonor or default, or to realize upon or protect any of said indebtedness or any collateral or security therefor.
(b) The Bank shall have the exclusive right to determine how, when and what application of payments and credits, if any, shall be made on the Loan and extensions of credit or any part thereof, and shall be under no obligation, at any time, to first resort to, make demand on, file a claim against, or exhaust its remedies against the Borrower, or its property or estate, or to resort to or exhaust its remedies against any collateral, security, property, liens or other rights whatsoever.
(c) The Bank may, at any time, make demand for payment on, or bring suit against, the Guarantor, or any other guarantors, less than all, and may compound with any one or more of any guarantors for such sums or on such terms as it may see fit, and without notice or consent, the same being hereby expressly waived, release any guarantor from all further liability to the Bank hereunder, without thereby impairing the rights of the Bank in any respect to demand, xxx for, and collect the balance of the indebtedness from any guarantor not so released.
(d) Notwithstanding any provision contained herein or in the guaranty agreement executed by the Guarantor in favor of the Bank, if at any time the Guarantor is or becomes an “insider” (as defined from time to time in Section 101 of the Federal Bankruptcy Code) with respect to the Borrower, the Guarantor waives any and all rights of subrogation against the Borrower with respect to its said Guaranty of the obligations of the Borrower, whether such rights arise under an express or implied contract or by operation of law, it bein...
Compromises. No voluntary arrangement or compromise between any member of the Broadcast Group or of any member of the Core Group holding any Designated Broadcast Assets or any asset the subject of any Ancillary Agreement and its creditors (or any class of them) has been proposed or approved or is in contemplation of the relevant ntl Group member.
Compromises. No voluntary arrangement or compromise between any member of the Digital Group or, so far as the Seller is aware, any Digital Joint Venture Company and its creditors (or any class of them) has been proposed or approved or is in the contemplation of the relevant Digital Group member or Digital Joint Venture Company.
