Common use of Discounts, etc Clause in Contracts

Discounts, etc. The Borrower will not, after notice from the Lender, grant any discount, credit or allowance to any customer of the Borrower or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the Borrower.

Appears in 20 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/), And Security Agreement (Technology Flavors & Fragrances Inc)

AutoNDA by SimpleDocs

Discounts, etc. The Borrower will not, after notice from the LenderLender during the existence of any Default Period, grant any discount, credit or allowance to any customer of the Borrower or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the Borrower.

Appears in 4 contracts

Samples: Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Royal Precision Inc)

Discounts, etc. The Except in the normal course of the Borrower's business, the Borrower will not, after notice from the Lender, not grant any discount, credit or allowance to any customer of the Borrower or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Skymall Inc)

Discounts, etc. The Borrower will not, after notice from the LenderLender after the occurrence of a Default or an Event of Default, grant any discount, credit or allowance to any customer of the Borrower or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Sportsmans Guide Inc)

Discounts, etc. The No Borrower will notwill, after notice from the Lender, grant any discount, credit or allowance to any customer of the Borrower on any then-outstanding receivable or accept any return of goods sold, or . No Borrower will at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the a material obligation of any account debtor or other obligor of the such Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Luminant Worldwide Corp)

Discounts, etc. The Borrower will not, after After notice from the Lender, the Borrower will not grant any discount, credit or allowance to any customer of the Borrower or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Fourth Shift Corp)

Discounts, etc. The Borrower will not, after notice from the Lender, grant any discount, credit or allowance to any customer of the Borrower outside the ordinary course of Borrower's business or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Orthologic Corp)

AutoNDA by SimpleDocs

Discounts, etc. The No Borrower will notwill, after notice from the LenderLender (which notice shall be given and shall remain effective only during a Default Period), grant any discount, credit or allowance to any customer of the such Borrower or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the such Borrower.. Section 1.76

Appears in 1 contract

Samples: Credit and Security Agreement

Discounts, etc. The Except in the normal course of the borrower's business, the Borrower will not, after notice from the Lender, grant any discount, credit or allowance to any customer of the Borrower or accept any return of goods sold, or at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Skymall Inc)

Discounts, etc. The Borrower will not, after After notice from the Lender, no Borrower will grant any discount, credit or allowance to any customer of the such Borrower or accept any return of goods sold, or . No Borrower will not at any time (whether before or after notice from the Lender) modify, amend, subordinate, cancel or terminate the obligation of any account debtor or other obligor of the such Borrower.

Appears in 1 contract

Samples: Security Agreement (Allis Chalmers Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.