DISPUTES AND CLAIMS REGARDING ACCOUNTS. The Company shall notify the Bank promptly of all material disputes and claims and settle or adjust them at no expense to the Bank, but no material discount, credit or allowance outside the ordinary course of business or material adverse extension, compromise or settlement shall be granted to any customer or Account Debtor in respect of an Account Receivable and no returns of merchandise outside the ordinary course of business shall be accepted by the Company in settlement or satisfaction of an Account Receivable which settlement or satisfaction would have a Material Adverse Effect, without the Bank's consent which consent shall not be unreasonably withheld.
DISPUTES AND CLAIMS REGARDING ACCOUNTS. The Borrower and each of the Subsidiary Guarantors shall use commercially reasonable efforts to settle or adjust promptly all disputes and claims regarding Accounts at no expense to the Administrative Agent, but no discount, credit or allowance outside the ordinary course of business or material adverse extension, compromise or settlement shall be granted to any customer or Account Debtor, and no returns of merchandise outside the ordinary course of business shall be accepted by the Borrower or such Subsidiary Guarantor without the Administrative Agent's consent which consent shall not be unreasonably withheld or delayed.
DISPUTES AND CLAIMS REGARDING ACCOUNTS. 34 6.3 Accounts..................................................................... 34 6.4
DISPUTES AND CLAIMS REGARDING ACCOUNTS. The Borrower shall, and shall cause each of its Subsidiary Guarantors to, promptly settle or adjust all disputes and claims at no expense to the Agent, but no discount, credit or allowance (other than discounts, credits or allowances that do not exceed $1,500,000 in the aggregate at any one time outstanding) or material adverse extension, compromise or settlement shall be granted to any customer or Account Debtor. No returns of merchandise outside the ordinary course of business (other than returns that do not exceed $350,000 in the aggregate in any Fiscal Quarter) shall be accepted by the Borrower or any of its Subsidiary Guarantors without the Agent's consent which consent shall not be unreasonably withheld or delayed.
DISPUTES AND CLAIMS REGARDING ACCOUNTS. Borrower shall use all commercially reasonable efforts to collect promptly all disputes and claims with any customer or End User in excess of Fifty Thousand Dollars ($50,000) per such dispute or claim (each a “Qualified Claim”), at no expense to Lender, but no discount, credit or allowance outside the ordinary course of Borrower’s business, consistent with past practice, or material adverse extension, compromise or settlement of an Account shall be granted to any customer or End User, with respect to a Qualified Claim, without Lender’s prior written consent.
DISPUTES AND CLAIMS REGARDING ACCOUNTS. 15 Section 4.2. Deposit Accounts............................................15 Section 4.3. Compliance with Terms of Accounts; General Intangibles......15 Section 4.4. No Waivers, Extensions, Amendments..........................16 Section 4.5. Location of Collateral......................................16 Section 4.6. Lien Priority...............................................16
DISPUTES AND CLAIMS REGARDING ACCOUNTS. The Company shall notify SNPE promptly of all material disputes and claims and settle or adjust them at no expense to SNPE, but no material discount, credit or allowance outside the ordinary course of business or material adverse extension, compromise or settlement shall be granted to any customer or Account Debtor in respect of an Account Receivable and no returns of merchandise outside the ordinary course of business shall be accepted by the Company in settlement or satisfaction of an Account Receivable which settlement or satisfaction would have a Material Adverse Effect, without SNPE's consent which consent shall not be unreasonably withheld.
DISPUTES AND CLAIMS REGARDING ACCOUNTS. 38 6.3 Compliance with Terms of Accounts; General Intangibles.........................................38 6.4 No Waivers, Extensions, Amendments.............................................................38 6.5 Lien Priority..................................................................................38 6.6
DISPUTES AND CLAIMS REGARDING ACCOUNTS. The Borrower shall use all commercially reasonable efforts to settle or adjust promptly all disputes and claims in excess of Fifty Thousand Dollars ($50,000) per such dispute or claim, at no expense to the Agent, but no discount, credit or allowance outside the ordinary course of business or material adverse extension, compromise or settlement shall be granted to any customer or Account Debtor and no returns of merchandise outside the ordinary course of business shall be accepted by the Borrower without the Agent's consent which consent shall not be unreasonably withheld or delayed.
DISPUTES AND CLAIMS REGARDING ACCOUNTS. Each Borrower shall use commercially reasonable efforts to settle or adjust promptly all disputes and claims regarding Accounts at no expense to the Administrative Agent, but no discount, credit or allowance outside the ordinary course of business or adverse extension, compromise or settlement shall be granted to any customer or Account Debtor outside the ordinary course of business, and no returns of merchandise outside the ordinary course of business shall be accepted by such Borrower without the Administrative Agent's consent which consent shall not be unreasonably withheld or delayed.
