Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgment, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 9 contracts
Samples: Security Agreement (Dayton Superior Corp), Credit Agreement (Symons Corp), Credit Agreement (Marathon Power Technologies Co)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Included Account or under any Included Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Included Account or Included Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights security interests of the Collateral Agent in the Receivables Included Accounts or Included Contracts.
Appears in 5 contracts
Samples: Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 4.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 3 contracts
Samples: Second Lien Guarantee and Collateral Agreement, Second Lien Guarantee and Collateral Agreement (Lee Enterprises, Inc), First Lien Guarantee and Collateral Agreement (Lee Enterprises, Inc)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 3 contracts
Samples: u.s. Security Agreement (Aleris International, Inc.), u.s. Security Agreement (Aleris International, Inc.), Security Agreement (RCN Corp /De/)
Modification of Terms, etc. Except in accordance with such the Assignor's ordinary course of business and consistent with reasonable business judgment, no the Assignor shall not rescind or nor cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or nor extend or renew the same, or nor compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or nor sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No The Assignor will not do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 3 contracts
Samples: Security Agreement (Emagin Corp), Security Agreement (Emagin Corp), Subordinated Security Agreement (Emagin Corp)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgment, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Except as otherwise permitted by the Secured Debt Agreements, no Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 2 contracts
Samples: Credit Agreement (Manitowoc Foodservice, Inc.), Escrow Agreement (Manitowoc Foodservice, Inc.)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and or as is consistent with reasonable business judgmentjudgment or as permitted by Section 3.5 hereof, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 2 contracts
Samples: Security Agreement (CURO Group Holdings Corp.), Security Agreement (CURO Group Holdings Corp.)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5 hereof, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 2 contracts
Samples: Security Agreement (CURO Group Holdings Corp.), Short Term Credit Agreement (CURO Group Holdings Corp.)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgment, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 1 contract
Samples: Security Agreement (Infousa Inc)
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or ContractsContracts in any material respect.
Appears in 1 contract
Samples: u.s. Security Agreement (Westborn Service Center, Inc.)
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgment, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgment, no such Assignor shall not rescind or cancel any indebtedness evidenced by any Receivable or under any ContractReceivable, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or ContractReceivable, or interest therein, without the prior written consent of the Collateral Agent. No Each Assignor will duly fulfill all obligations on its part to be fulfilled under or in connection with the Receivables and will do anything nothing to impair the rights of the Collateral Agent in the Receivables or ContractsReceivables.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by the Credit Agreement, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 1 contract
Samples: Credit Agreement (Sitel Corp)
Modification of Terms, etc. Except in accordance with such --------------------------- Assignor's ordinary course of business and consistent with reasonable business judgment, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or ContractsContracts in any material respect.
Appears in 1 contract
Samples: Security Agreement (Idt Corp)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or ContractsContracts in any material respect.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgment, no No Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of , other than at times when no direction has been given by the Collateral Agent which is then in the Receivables or Contractseffect pursuant to preceding Section 3.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Second-Lien Collateral Agent. No Assignor will do anything to impair the rights of the Second-Lien Collateral Agent in the Receivables Accounts or Contracts.
Appears in 1 contract
Samples: Security Agreement (RCN Corp /De/)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5(a), no Assignor shall rescind or cancel any material indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgment, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable or under any Contract, or modify any term thereof or make any adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable or Contract, or interest therein, without the prior written consent of the Collateral AgentAgent (which consent shall not be unreasonably withheld). No Each Assignor will do anything nothing to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 1 contract
Samples: Security Agreement (Scot Inc)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5(a) hereof, no Assignor shall rescind or cancel any material indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and or consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such the Assignor's ordinary course of business and or as is consistent with reasonable business judgmentjudgment or as permitted by Section 3.5 hereof, no the Assignor shall not rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No The Assignor will not do anything to impair the rights of the Collateral Agent in the Receivables Accounts or Contracts.
Appears in 1 contract
Samples: Security Agreement (Town Sports International Holdings Inc)
Modification of Terms, etc. Except in accordance with such Assignor's ’s ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the Collateral Agent. No Assignor will do anything to impair the rights of the Collateral Agent in the Receivables or Contracts.
Appears in 1 contract
Modification of Terms, etc. Except in accordance with such Assignor's ordinary course of business and consistent with reasonable business judgmentjudgment or as permitted by Section 3.5, no Assignor shall rescind or cancel any indebtedness evidenced by any Receivable Account or under any Contract, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Receivable Account or Contract, or interest therein, without the prior written consent of the First-Lien Collateral Agent. No Assignor will do anything to impair the rights of the First-Lien Collateral Agent in the Receivables Accounts or Contracts.
Appears in 1 contract
Samples: Security Agreement (RCN Corp /De/)