Common use of Limitations on Modifications of Receivables and Other Intangibles; No Waivers or Extensions Clause in Contracts

Limitations on Modifications of Receivables and Other Intangibles; No Waivers or Extensions. The Debtor will not (i) amend, modify, terminate or waive any provisions of any material Receivable or Other Intangible in any manner which might, when taken together with all such other Receivables or Other Intangibles, respectively, materially reduce the value of all Receivables or Other Intangibles, respectively, in the Collateral, (ii) fail to exercise promptly and diligently each and every material right which it may have under each Receivable and Other Intangible or (iii) fail to deliver to the Agent a copy of each material demand, notice or document received by it relating in any way to any Receivable or Other Intangible.