Common use of Disclosure of Material Matters Clause in Contracts

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any portion of the Collateral including, without limitation, any Borrower's reclamation or repossession of, or the return to any Borrower of, or disputes asserted by any Customer or other obligor regarding a material amount of goods or claims. No Borrower will, without Agent's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent the Lender all matters materially affecting the value, enforceability or collectability of any portion of the Collateral including, without limitation, any the Borrower's reclamation or of repossession of, or the return to any the Borrower of, of a material amount of goods or claims or disputes asserted by any Customer or other obligor regarding a material amount of goods or claimsobligor. No The Borrower willwill not, without Agentthe Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such the Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability collectibility of any material portion of the Collateral including, without limitation, any Borrower's reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor regarding a material amount of goods or claimsobligor. No Borrower willwill not, without Agent's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any material additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability collectibility of any material portion of the Collateral including, without limitation, any Borrower's ’s reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor regarding a material amount of goods or claimsobligor. No Borrower willwill not, without Agent's ’s consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any material additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent the Lender all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral including, without limitation, any either Borrower's reclamation or of repossession of, or the return to any such Borrower of, of a material amount of goods or claims or disputes asserted by any Customer or other obligor regarding a material amount of goods or claimsobligor. No Borrower willThe Borrowers will not, without Agentthe Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such Borrowerthe Borrowers.

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent the Lender all matters materially affecting the value, enforceability or collectability of any portion of the Collateral including, without limitation, any the Borrower's reclamation or repossession of, or the return to any the Borrower of, of a material amount of goods or claims or disputes asserted by any Customer or other obligor regarding a material amount of goods or claimsobligor. No The Borrower willwill not, without Agentthe Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such the Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent the Lender all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral including, without limitation, any the Borrower's reclamation or of repossession of, or the return to any the Borrower of, of a material amount of goods or claims or disputes asserted by any Customer or other obligor regarding a material amount of goods or claimsobligor. No The Borrower willwill not, without Agentthe Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such the Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent Lender all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral including, without limitation, any Borrower's reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor regarding a material amount of goods or claimsobligor. No Borrower willwill not, without AgentLender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of such Borrower.