Discounts, etc. After the occurrence and during the continuance of an Event of Default, and after notice from Lender, not grant any discount, credit or allowance to any customer of Borrower or accept any return of goods sold. Borrower shall not at any time modify, amend, subordinate, cancel or terminate any Account.
Appears in 2 contracts
Samples: Loan and Security Agreement (Energy Focus, Inc/De), Loan and Security Agreement (Energy Focus, Inc/De)
Discounts, etc. After Upon the occurrence and during the continuance of an Event of Default, Default and after written notice from Lender, not grant any discount, credit or allowance to any customer of Borrower or accept any return of goods sold. Borrower shall not at any time modify, amend, subordinate, cancel or terminate any Account.
Appears in 1 contract
Samples: Loan and Security Agreement (Superior Drilling Products, Inc.)
Discounts, etc. After the occurrence and during the continuance of Following an Event of Default, and 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, except in the ordinary course of business. Following an Event of Default, the Borrower shall will not at any time modify, amend, subordinate, cancel or terminate the obligation of any Accountaccount debtor or other obligor of the Borrower.
Appears in 1 contract
Samples: Credit and Security Agreement (Interpharm Holdings Inc)
