Discounts and Allowances. Upon the granting of any discounts, allowances or credits by a Credit Party in excess of $250,000 or not in the ordinary course of business and which in either case are not shown on the face of the invoice for the Domestic Account involved, Interface, on behalf of such Credit Party shall promptly report such discounts, allowances or credits, as the case may be, to the Collateral Agent and in no event later than the time of its submission to the Collateral Agent of the next status report as required by Section 7.20. In the event any amounts due and owing in excess of $250,000 are in dispute between any Credit Party, and any Account Debtor, Interface, on behalf of such Credit Party shall provide the Collateral Agent with a report thereon, explaining in detail the reason for the dispute, all claims related thereto and the amount in controversy. During the existence of an Event of Default, and without affecting any Credit Parties’ liability with respect to the Obligations, the Collateral Agent, in the exercise of its sole discretion, may settle disputes and otherwise deal with the Account Debtors and Interface, on behalf of the Credit Parties, shall reimburse the Collateral Agent as a part of the Obligations any reasonable out-of-pocket expenses incurred by the Collateral Agent in connection therewith.
Discounts and Allowances. PUBLISHER shall pay DISTRIBUTOR for any and all discounts and allowances, which are in excess of DISTRIBUTOR's national billing discount for each Publication, made by DISTRIBUTOR to any of Distributor's Sales Outlets in locations where special labor conditions and/or other situations and conditions exist causing such discounts or allowances.
Discounts and Allowances. Operator shall take advantage of and credit to the Company all cash and trade discounts, freight allowances and equalization, annual volume and other allowances, credits, salvages, commissions, insurance discount dividends and retrospective premium adjustments, and other such items which accrue.
Discounts and Allowances. During any Default Period, grant any discount, credit or allowance to any customer of Debtor or accept any return of goods sold.
Discounts and Allowances. PUBLISHER shall pay DISTRIBUTOR, as deductions from amounts payable to PUBLISHER as Settlement Payments, for any and all discounts and allowances, which are in excess of DISTRIBUTOR's national billing discount for each Publication, made by DISTRIBUTOR to any of Distributor's Sales Outlets in locations where special labor conditions and/or other situations and conditions exist causing such discounts or allowances; provided, however, that PUBLISHER has agreed to pay such discounts and allowances in advance in writing. Such discounts and allowances in effect on the Effective Date are set forth on Schedule "E" attached hereto and the parties hereby agree to such discounts and allowances.
Discounts and Allowances. After notice of default from Bank which default is continuing, grant any discount, credit or allowance to any customer of Borrower or accept any return of goods sold.
Discounts and Allowances. The parties agree to the discounts and allowances set forth on Exhibit A (attached) hereby incorporated by reference.
Discounts and Allowances. Upon the granting of any discounts, allowances or credits by the Borrower or any Guarantor in excess of $500,000 or not in the ordinary course of business and which in either case are not shown on the face of the invoice for the Account involved, the Borrower or such Guarantor shall promptly report such discounts, allowances or credits, as the case may be, to the Agent and in no event later than the time of its submission to the Agent of the next status report as required by SECTION 5.27. In the event any amount due and owing in excess of $500,000 is in dispute between the Borrower or any Guarantor and any Account Debtor, the Borrower or such Guarantor shall provide the Agent with a report thereon, explaining in detail the reason for the dispute, all claims related thereto and the amount in controversy. During the existence of an Event of Default, and without affecting the Borrower's or any Guarantor's liability with respect to the Obligations, the Agent, in the exercise of its sole discretion, may settle disputes and otherwise deal with the Account Debtors and the Borrower shall reimburse the Agent as a part of the Obligations any out-of-pocket expenses incurred by the Agent in connection therewith.
Discounts and Allowances. All discounts or allowances paid or granted to third parties in the ordinary course of business in connection with the distribution of the Picture as permitted hereunder.
Discounts and Allowances. Upon the granting of any discounts, allowances or credits by a Borrower or any Subsidiary in excess of Three Hundred Thousand Dollars ($300,000) or not in the ordinary course of business and which in either case are not shown on the face of the invoice for the account involved, the Borrower shall promptly report such discounts, allowances or credits, as the case may be, to the Collateral Agent and in no event later than the time of its submission to the Collateral Agent of the next status report as required by SECTION 5.32. In the event any amounts due and owing in excess of Three Hundred Thousand Dollars ($300,000) are in dispute between the Borrower or any Subsidiary and any Account Debtor, the Borrower shall provide the Collateral Agent with a report thereon, explaining in detail the reason for the dispute, all claims related thereto and the amount in controversy. During the existence of an Event of Default, and without affecting the Borrower's liability with respect to the Obligations, the Collateral Agent, in the exercise of its sole discretion, may settle disputes and otherwise deal with the Account Debtors and the Borrower shall reimburse the Collateral Agent as a part of the Obligations any out-of-pocket expenses incurred by the Collateral Agent in connection therewith.
